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Vice President of Finance in Bloomington, MN

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 regulationsEstablishing and maintaining sound relationships with financial institutions, including commercial and investment banksMaking recommendations to optimize investments of financial capitalCoordinating and managing the annual budget processConducting forecasting and planning activities and completing ad hoc projectsCommunicating the company’s actual performance versus budgets and objectives to senior management; recommending growth strategies, as well as identifying areas for improvementCollaborating with leaders of other departments to prepare for critical business opportunitiesHiring, training and retaining finance staff

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Salary for Vice President of Finance in Bloomington, MN
176550 - 268035
25th percentile
176550
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
221490
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
268035
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 207848 287028 344273 Corporate Controller 161570 197148 228178 Divisional Controller 119840 166653 188588 Assistant Controller 98975 130540 151940 Director of Finance 135355 178690 193403 Director of Accounting 133750 175748 193403 Treasurer 149533 227643 262150 Assistant Treasurer 83728 113153 131878 Financial Project Manager 115025 146055 177353 Forensic Accountant 90683 112885 130273 Property Accountant 73028 83728 100580 Plant Controller 112083 128935 140170 Procurement Manager 87473 120108 134018 Procurement Specialist 48953 62595 76238

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