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Auditor/consultant hiring summary. Here are some key points about hiring auditor/consultants in the United States:
Here's a step-by-step auditor/consultant hiring guide:
The duties of an auditor/consultant depend on one's line of work or industry of employment. Typically, their responsibilities include coordinating with different departments to gather and analyze data, performing audits and assessments on all financial activities, looking out for any errors and discrepancies, reviewing documentation, identifying the strengths and weaknesses of current systems, and developing strategies to optimize all operations. Furthermore, an auditor/consultant must recommend methods and solutions in adherence to the company's policies and regulations, including its vision and mission.
Before you start hiring an auditor/consultant, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
You should also consider the ideal background you'd like them an auditor/consultant to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an auditor/consultant that fits the bill.
This list shows salaries for various types of auditor/consultants.
| Type of Auditor/Consultant | Description | Hourly rate |
|---|---|---|
| Auditor/Consultant | Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time... Show more | $28-49 |
| Compliance Officer | A compliance officer is responsible for monitoring company operations, ensuring that all the processes and members are adhering to the regulatory and procedural policies set by the company. Compliance officers' duties also include proposing compliance programs, reviewing and updating existing company policies with management approval, taking immediate actions for policy violations, and mitigating risks... Show more | $20-46 |
| Compliance Analyst | A compliance analyst is in charge of ensuring that every operation and aspect in a company or facility adheres to the laws and regulations. They are also responsible for conducting regular inspections and assessments, producing reports and presentations, disseminating necessary information and reminders, researching existing policies and laws related to the industry, and remaining updated with new regulations... Show more | $18-41 |
Including a salary range in your auditor/consultant job description is one of the best ways to attract top talent. An auditor/consultant can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $98,403 | $47 |
| 2 | District of Columbia | $93,322 | $45 |
| 3 | Virginia | $86,781 | $42 |
| 4 | Texas | $85,312 | $41 |
| 5 | California | $85,307 | $41 |
| 6 | North Carolina | $81,882 | $39 |
| 7 | Massachusetts | $80,073 | $39 |
| 8 | Minnesota | $76,360 | $37 |
| 9 | Maryland | $75,755 | $36 |
| 10 | Illinois | $75,291 | $36 |
| 11 | Georgia | $74,163 | $36 |
| 12 | Pennsylvania | $73,996 | $36 |
| 13 | Missouri | $73,471 | $35 |
| 14 | Arizona | $71,060 | $34 |
| 15 | Florida | $70,347 | $34 |
| 16 | Colorado | $70,306 | $34 |
| 17 | Indiana | $68,978 | $33 |
| 18 | Wisconsin | $68,451 | $33 |
| 19 | Ohio | $67,621 | $33 |
| 20 | Tennessee | $61,413 | $30 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | AstraZeneca | $103,585 | $49.80 | |
| 2 | Dell | $103,465 | $49.74 | |
| 3 | Oculus | $96,747 | $46.51 | |
| 4 | Monster Products | $91,752 | $44.11 | |
| 5 | IDB Invest | $87,872 | $42.25 | |
| 6 | Sherpa | $86,233 | $41.46 | 1 |
| 7 | Supermicro | $86,203 | $41.44 | |
| 8 | Inter-American Development Bank | $85,832 | $41.27 | |
| 9 | BlueCross BlueShield of South Carolina | $84,665 | $40.70 | 4 |
| 10 | Blue Cross Blue Shield of Michigan | $84,451 | $40.60 | 7 |
| 11 | Randstad North America, Inc. | $84,188 | $40.48 | 1 |
| 12 | Florida Blue | $83,479 | $40.13 | |
| 13 | Defiance State Bank | $83,274 | $40.04 | |
| 14 | Paro | $83,178 | $39.99 | |
| 15 | RGP | $83,018 | $39.91 | 10 |
| 16 | Intrepid Solutions and Services | $82,818 | $39.82 | |
| 17 | Control Solutions, Inc. | $82,802 | $39.81 | |
| 18 | Trane | $82,631 | $39.73 | 1 |
| 19 | Talcott Resolution | $82,536 | $39.68 | |
| 20 | Komatsu America Corp. | $81,956 | $39.40 |
A good auditor/consultant job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of an auditor/consultant job description:
To find auditor/consultants for your business, try out a few different recruiting strategies:
During your first interview to recruit auditor/consultants, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the auditor/consultant candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
Once that's done, you can draft an onboarding schedule for the new auditor/consultant. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire auditor/consultants, 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 auditor/consultants pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Auditor/consultants earn a median yearly salary is $78,335 a year in the US. However, if you're looking to find auditor/consultants for hire on a contract or per-project basis, hourly rates typically range between $28 and $49.