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Associate auditor vs internal audit manager

The differences between associate auditors and internal audit managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an internal audit manager has an average salary of $106,222, which is higher than the $56,973 average annual salary of an associate auditor.

The top three skills for an associate auditor include internal controls, financial services and internal audit. The most important skills for an internal audit manager are internal controls, risk management, and audit reports.

Associate auditor vs internal audit manager overview

Associate AuditorInternal Audit Manager
Yearly salary$56,973$106,222
Hourly rate$27.39$51.07
Growth rate6%6%
Number of jobs20,19228,405
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 75%
Average age4444
Years of experience--

What does an associate auditor do?

An Associate Auditor assists in the review and evaluation of operational and management control systems. They also assist clients with routine accounting functions.

What does an internal audit manager do?

An Internal Audit Manager monitors and evaluates how well risks are being managed. They develop recommendations and reports based on audits and present solutions to senior management.

Associate auditor vs internal audit manager salary

Associate auditors and internal audit managers have different pay scales, as shown below.

Associate AuditorInternal Audit Manager
Average salary$56,973$106,222
Salary rangeBetween $44,000 And $72,000Between $74,000 And $151,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companySantander Private Banking InternationalCiti
Best paying industryFinanceFinance

Differences between associate auditor and internal audit manager education

There are a few differences between an associate auditor and an internal audit manager in terms of educational background:

Associate AuditorInternal Audit Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Associate auditor vs internal audit manager demographics

Here are the differences between associate auditors' and internal audit managers' demographics:

Associate AuditorInternal Audit Manager
Average age4444
Gender ratioMale, 51.0% Female, 49.0%Male, 70.1% Female, 29.9%
Race ratioBlack or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.5% White, 59.6% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.9% White, 63.3% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between associate auditor and internal audit manager duties and responsibilities

Associate auditor example responsibilities.

  • Manage accounts payable/receivable/inventory, payroll, selling and administrative expense, owner s equity and cash accounts.
  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Review simple visit coding of HCPCS, ICD, and CPT codes to ensure coding compliance.
  • Provide education to linear departments base on payer bulletins and CMS guidelines via updates receive from Novitas.
  • Prepare the charge master to reflect all charges for all departments by applying the appropriate HCPCS and CPT codes.
  • Travel to various locations outside of normal business commute for audits, site visits, quarterly reviews, and SOX testing.
  • Show more

Internal audit manager example responsibilities.

  • Manage financial reconciliation, bill pay, and budgeting using Quickbooks.
  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Define metrics to determine ROI of programs.
  • Assist external CPA firm with annual financial statement audits.
  • Provide oversight and monitoring of provision accounts, fee waivers, and reps and warranties.
  • Provide oversight and expertise for internal investigators.
  • Show more

Associate auditor vs internal audit manager skills

Common associate auditor skills
  • Internal Controls, 15%
  • Financial Services, 5%
  • Internal Audit, 5%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%
Common internal audit manager skills
  • Internal Controls, 11%
  • Risk Management, 8%
  • Audit Reports, 8%
  • SOX, 5%
  • Audit Procedures, 4%
  • Ethics, 4%

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