Auditor-in-charge vs inventory auditor

The differences between auditors-in-charge and inventory auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an auditor-in-charge has an average salary of $55,787, which is higher than the $33,666 average annual salary of an inventory auditor.

The top three skills for an auditor-in-charge include internal controls, worksheets and analytical review. The most important skills for an inventory auditor are customer service, basic math, and sales floor.

Auditor-in-charge vs inventory auditor overview

	Auditor-In-Charge	Inventory Auditor
Yearly salary	$55,787	$33,666
Hourly rate	$26.82	$16.19
Growth rate	6%	6%
Number of jobs	63,534	37,887
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 38%
Average age	44	44
Years of experience	-	-

Auditor-in-charge vs inventory auditor salary

Auditors-in-charge and inventory auditors have different pay scales, as shown below.

	Auditor-In-Charge	Inventory Auditor
Average salary	$55,787	$33,666
Salary range	Between $39,000 And $78,000	Between $26,000 And $42,000
Highest paying City	New York, NY	New York, NY
Highest paying state	Alaska	Alaska
Best paying company	Tenet Healthcare	BD
Best paying industry	Professional	Technology

Differences between auditor-in-charge and inventory auditor education

There are a few differences between an auditor-in-charge and an inventory auditor in terms of educational background:

	Auditor-In-Charge	Inventory Auditor
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 38%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Auditor-in-charge vs inventory auditor demographics

Here are the differences between auditors-in-charge' and inventory auditors' demographics:

	Auditor-In-Charge	Inventory Auditor
Average age	44	44
Gender ratio	Male, 46.3% Female, 53.7%	Male, 53.3% Female, 46.7%
Race ratio	Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.9% American Indian and Alaska Native, 0.5%	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between auditor-in-charge and inventory auditor duties and responsibilities

Auditor-in-charge example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
Plan and execute financial and operational audits including risk assessments and SOX testing.
Conduct Medicare and Medicaid field audits.
Prepare payrolls and quarterly payroll and sales tax returns.
Ensure clients' financial records in compliance with GAAP and GAAS :.
Complete CPA exam on first sitting -schedule, supervise and train staff personnel

Inventory auditor example responsibilities.

Manage the collection, analysis and verification of managerial payroll information to detect fraud and/or unethical practices.
Process price adjustments, correct inventory in the AS400 system.
Perform research in WMS, and report problem and perform final confirmation of correction.
Perform daily warehouse audits using AS400 verifying product quantity, location, and shipping information.
Travel to different stores and take account of store's inventory using a microcomputer and a RF scanner.
Inventory merchandise with the use of the RF system, audit trailers, investigate and communicate discrepancies and cycle count merchandise.

Auditor-in-charge vs inventory auditor skills

Common auditor-in-charge skills

Internal Controls, 12%
Worksheets, 11%
Analytical Review, 8%
SOX, 7%
Sarbanes-Oxley, 7%
Income Statement, 6%

Common inventory auditor skills

Customer Service, 22%
Basic Math, 20%
Sales Floor, 7%
Inventory Audits, 7%
Computer Data, 6%
Organizational Effectiveness, 6%