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Audit technician hiring summary. Here are some key points about hiring audit technicians in the United States:
Here's a step-by-step audit technician hiring guide:
An audit technician focuses on conducting audits and assessments to ensure record accuracy. Although their responsibilities vary upon their company or industry of employment, they usually work at the financial department where they are in charge of reviewing financial records to identify missing or inconsistent data, coordinating with different departments to gather and interpret documents, evaluating reports and other documentation, and producing summarized reports and findings. They utilize specialized software and monitor operations to solve issues that would arise. Moreover, they provide technical support to staff while implementing policies and standards.
The audit technician hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
Hiring the perfect audit technician also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
Here's a comparison of audit technician salaries for various roles:
| Type of Audit Technician | Description | Hourly rate |
|---|---|---|
| Audit Technician | Environmental science and protection technicians monitor the environment and investigate sources of pollution and contamination, including those affecting public health. In addition, they work to ensure that environmental violations are prevented. | $20-58 |
| Laboratory Analyst | A Laboratory Analyst helps conduct experiments, run laboratory tests, and analyze results. They compile and record data for the documentation needed for testing and report preparation. | $14-29 |
| Environmental Services Supervisor | Environmental services supervisors direct and administer a healthcare facility's housekeeping program to maintain sanitation and occupational health. They help departments in charge of the cleanup, sanitation, pest control, housekeeping, and laundry... Show more | $14-25 |
Including a salary range in your audit technician job description helps attract top candidates to the position. An audit technician salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for an audit technician in Montana may be lower than in Massachusetts, and an entry-level audit technician usually earns less than a senior-level audit technician. Additionally, an audit technician with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $92,912 | $45 |
| 2 | Virginia | $92,238 | $44 |
| 3 | Delaware | $89,300 | $43 |
| 4 | New Jersey | $88,755 | $43 |
| 5 | Maryland | $83,075 | $40 |
| 6 | Texas | $83,047 | $40 |
| 7 | Pennsylvania | $82,848 | $40 |
| 8 | Colorado | $74,939 | $36 |
| 9 | California | $74,847 | $36 |
| 10 | Ohio | $74,011 | $36 |
| 11 | North Carolina | $73,801 | $35 |
| 12 | Illinois | $69,770 | $34 |
| 13 | Missouri | $68,919 | $33 |
| 14 | Minnesota | $66,425 | $32 |
| 15 | Georgia | $62,903 | $30 |
| 16 | Montana | $62,065 | $30 |
| 17 | Florida | $58,029 | $28 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | PayPal | $145,842 | $70.12 | |
| 2 | Citi | $126,949 | $61.03 | |
| 3 | Morgan Stanley | $118,422 | $56.93 | 3 |
| 4 | JPMorgan Chase & Co. | $116,141 | $55.84 | 22 |
| 5 | General Electric | $101,365 | $48.73 | 3 |
| 6 | Lurie | $101,357 | $48.73 | |
| 7 | DuPont | $93,187 | $44.80 | |
| 8 | Comcast | $91,235 | $43.86 | |
| 9 | AmTrust Financial | $90,609 | $43.56 | 5 |
| 10 | Wells Fargo | $90,419 | $43.47 | |
| 11 | CNA Insurance | $88,802 | $42.69 | |
| 12 | NiSource | $86,120 | $41.40 | |
| 13 | EPCO Holdings, Inc. | $83,718 | $40.25 | 10 |
| 14 | Selective Insurance | $83,483 | $40.14 | 2 |
| 15 | Adyen | $83,040 | $39.92 | |
| 16 | Verizon Communications | $82,900 | $39.86 | |
| 17 | Sysco | $80,850 | $38.87 | 6 |
| 18 | CarMax | $69,141 | $33.24 | 1 |
| 19 | Spirit Airlines | $65,367 | $31.43 | |
| 20 | Randstad North America, Inc. | $61,761 | $29.69 |
An audit technician job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of an audit technician job description:
There are various strategies that you can use to find the right audit technician for your business:
Your first interview with audit technician candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best audit technician candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire audit technicians, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire audit technicians pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $72,054 per year for an audit technician, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for audit technicians in the US typically range between $20 and $58 an hour.