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Auditor supervisor vs lead auditor

The differences between auditor supervisors and lead auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead auditor has an average salary of $85,352, which is higher than the $83,876 average annual salary of an auditor supervisor.

The top three skills for an auditor supervisor include audit reports, CPA and excellent interpersonal. The most important skills for a lead auditor are ISO, medicare, and management system.

Auditor supervisor vs lead auditor overview

Auditor SupervisorLead Auditor
Yearly salary$83,876$85,352
Hourly rate$40.33$41.03
Growth rate6%6%
Number of jobs25,11420,504
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 58%
Average age4444
Years of experience--

What does an auditor supervisor do?

An auditor supervisor is a financial professional who manages a staff of audit professionals and controls consulting engagements that evaluate the management and operating practices of a corporate. This supervisor is required to supervise audit planning and fieldwork as well as communicates findings and recommendations to senior management. To ensure that audit staff follows the department's methodology, the supervisor must supervise the audit staff and review their automated audit work papers. The supervisor must also ensure that reviews are following the standards of the corporate audit department and the Institute of Internal Auditors (IIA).

What does a lead auditor do?

Lead auditors are professionals who are responsible for providing leadership and coordinating work schedules to a team of audit experts within an organization. These lead auditors are required to prepare audit plans and conduct team meetings before conducting internal or external audits at the end of the quarter or year. They must conduct audits to provide reviews to the management about the effectiveness of the overall quality system. Lead auditors must also develop action plans to improve the financial reporting systems of the organization.

Auditor supervisor vs lead auditor salary

Auditor supervisors and lead auditors have different pay scales, as shown below.

Auditor SupervisorLead Auditor
Average salary$83,876$85,352
Salary rangeBetween $60,000 And $116,000Between $62,000 And $115,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew YorkNew York
Best paying companyWestern Alliance BankMeta
Best paying industryFinanceProfessional

Differences between auditor supervisor and lead auditor education

There are a few differences between an auditor supervisor and a lead auditor in terms of educational background:

Auditor SupervisorLead Auditor
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 58%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Auditor supervisor vs lead auditor demographics

Here are the differences between auditor supervisors' and lead auditors' demographics:

Auditor SupervisorLead Auditor
Average age4444
Gender ratioMale, 56.1% Female, 43.9%Male, 57.9% Female, 42.1%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% 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 Percentage7%7%

Differences between auditor supervisor and lead auditor duties and responsibilities

Auditor supervisor example responsibilities.

  • Collaborate extensively with external accountants to achieve all SOX compliance targets.
  • Complete monthly, quarterly and annual bank reconciliations for 45 small and medium companies.
  • Provide daily cash availability and forecasting as well as ABLC monthly bank reconciliations and reports.
  • Monitor and ensure compliance with generally accept accounting procedures (GAAP) and auditing standards (GAAS).
  • Review of client's compliance with generally accept accounting principles and auditing standards (GAAP and GAAS).
  • Maintain employee attendance, productivity and accounting for payroll scheduling.
  • Show more

Lead auditor example responsibilities.

  • Manage the SOX business process implementation, execution and improvement initiatives.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Enhance Sarbanes-Oxley (SOX) audit templates to provide standardization and structure that reflect current best practices while maximizing productivity.
  • Work the RMEI/RMAU reports regularly for various Medicare account types.
  • Develop exact specifications to determine why claims are not paid in accordance with specific DME Medicare guidelines.
  • Conduct surveillance and assessment of manufacturing firms, industries and companies to ensure that these systems comply with ISO standards.
  • Show more

Auditor supervisor vs lead auditor skills

Common auditor supervisor skills
  • Audit Reports, 19%
  • CPA, 8%
  • Excellent Interpersonal, 7%
  • Audit Results, 5%
  • Internal Audit, 5%
  • Business Processes, 4%
Common lead auditor skills
  • ISO, 16%
  • Medicare, 10%
  • Management System, 6%
  • Audit Reports, 5%
  • Corrective Action, 5%
  • Internal Controls, 4%

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