VP of Finance: Facts, Skills, and Next Paths

A VP of Finance oversees the company’s financial operations day-to-day: managing budgets, forecasting revenue and expenses, preparing financial reports, ensuring compliance with accounting standards, and building internal controls. They analyze financial data to guide executive decisions and lead teams that handle accounting, treasury, and risk management.

Core responsibilities include financial reporting, compliance with GAAP/IFRS, risk management, and process improvement. The role typically reports to the CEO or CFO and works closely with department heads. At Hunter Truck, the VP of Finance also serves as corporate controller, managing financial reporting and internal controls. At AbelCine, a private-equity-backed company, the VP acts as a strategic partner to the CEO, leading all aspects of financial strategy and operations.

The median salary for a VP of Finance is approximately $248,911. Among current job postings, the most frequently requested skills are Analytics & Reporting and Compliance (each cited in 90% of listings), followed by Financial Reporting (60%), Forecasting (50%), and GAAP/IFRS Accounting Standards (50%).