Vice President of Finance

Vice President of Finance Job Description

This role requires advanced strategic planning, negotiation, communication and management skills. Individuals assuming vice president of finance positions generally have at least 10 years of experience in accounting, finance or treasury. Public accounting experience is highly valued. Many companies prefer candidates with a master’s degree in finance or business administration and/or a professional certification such as a CPA.

Typical vice president of finance duties:

Ensuring compliance with state and federal regulations

Establishing and maintaining sound relationships with financial institutions, including commercial and investment banks

Making recommendations to optimize investments of financial capital

Coordinating and managing the annual budget process

Conducting forecasting and planning activities and completing ad hoc projects

Communicating the company’s actual performance versus budgets and objectives to senior management; recommending growth strategies, as well as identifying areas for improvement

Collaborating with leaders of other departments to prepare for critical business opportunities

Hiring, training and retaining finance staff

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Salary for Vice President of Finance

165000 - 250500

25th percentile

165000

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

207000

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

250500

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Chief Financial Officer (CFO) – Corporate Accounting

194250

268250

321750