Job Description of an Assistant Vice President
An assistant vice president formulates policies and business strategies and provides the general direction for his organization. The assistant vice president extends high-level administrative support to the vice president in directing project work. He trains and supervises low-level clerical staff. He plans, directs and coordinates operational activities at the highest level of management with the help of subordinate managers. He conducts research, prepares statistical reports and handles information requests from the vice president or president.
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Education
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Depending on the organization, the assistant vice president may need to have at least a bachelor’s degree in a relevant field. A master’s degree in administration, business or management is an added advantage. In academic organizations such as universities, a doctorate is a basic minimum for such a position.
Responsibilities and Duties
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The assistant vice president allocates resources to various departments of the organization and ensures their proper utility. She provides guidance to departmental managers on specific objectives of programs, project interventions and strategic plans undertaken by the organization. She oversees project activities in her division and compiles comprehensive progress reports for the management and vice president. The assistant vice president examines and suggests improvements and ratifies budgetary estimates for departmental heads working under her. She works with internal and external leaders in sourcing for funding for organizational projects. She develops staffing recommendations to the vice president and the president in accordance with organizational personnel needs. She analyzes operations of the organization to establish areas of cost reduction and improvement of efficiency. She reviews financial statements, sales and activity reports of various departments.
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Desirable Skills
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The assistant vice president should possess good communication skills. An assistant vice president requires two to four years on-the-job experience as well as a proven track record in project management or implementation. He must be fluent in written and verbal communication. He must be an effective leader, planner and budgeter in dynamic organizational environments. He should be a good communicator and negotiator with excellent interpersonal skills.
Working Conditions
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An assistant vice president usually works 40 hours a week in a 9 a.m. to 5 p.m. office job. He may work overtime on some occasions, especially if there is a big workload. His day mainly involves answering phone calls, emails and voice mails, researching and writing reports and minutes, attending meetings and working in sync with the vice president’s schedule. He may travel occasionally, depending on directives from the vice president or project requirements.
Salary
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According to PayScale, an assistant vice president earns an average salary that ranges from $76,281 to $138,144 per year as of July 2010. This is inclusive of bonuses, profit sharing and benefits. The salary earned also depends on the organization, industry, level of experience and education and company.
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References
- Photo Credit Businessman and female assistant working on laptop image by Vladimir Melnik from Fotolia.com communication image by Louise McGilviray from Fotolia.com
