Contractor auditor vs audit specialist

The differences between contractor auditors and audit specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an audit specialist has an average salary of $58,291, which is higher than the $44,024 average annual salary of a contractor auditor.

The top three skills for a contractor auditor include audit reports, CPA and GAAP. The most important skills for an audit specialist are audit reports, patients, and customer service.

Contractor auditor vs audit specialist overview

	Contractor Auditor	Audit Specialist
Yearly salary	$44,024	$58,291
Hourly rate	$21.17	$28.02
Growth rate	6%	6%
Number of jobs	29,170	40,071
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 55%
Average age	44	44
Years of experience	-	-

Contractor auditor vs audit specialist salary

Contractor auditors and audit specialists have different pay scales, as shown below.

	Contractor Auditor	Audit Specialist
Average salary	$44,024	$58,291
Salary range	Between $26,000 And $74,000	Between $34,000 And $99,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	California
Best paying company	-	SAP
Best paying industry	-	Professional

Differences between contractor auditor and audit specialist education

There are a few differences between a contractor auditor and an audit specialist in terms of educational background:

	Contractor Auditor	Audit Specialist
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 55%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Contractor auditor vs audit specialist demographics

Here are the differences between contractor auditors' and audit specialists' demographics:

	Contractor Auditor	Audit Specialist
Average age	44	44
Gender ratio	Male, 45.6% Female, 54.4%	Male, 33.7% Female, 66.3%
Race ratio	Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5%	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between contractor auditor and audit specialist duties and responsibilities

Contractor auditor example responsibilities.

Plan and conduct operational and financial audits to assure financial statements are fairly present in alignment with GAAP.
File and follow up on healthcare claim appeals.
Audit work are performed on-site at Clifton Gunderson, LLP CPA firm
Review results of third party SoX testers and coordinate documentation of results.
Claim audit consist of review of accurate ICD9, CPT and HCPCS coding.
Create quick reference database tool for Medicaid policies, procedures and rules per state.

Audit specialist example responsibilities.

Manage vendor billing disputes for southwestern region from initiation to documentation of resolution while ensuring compliance with SOX guidelines.
Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
Review and verify the submitted documentation for completeness to verify the company is in compliance with Sarbanes-Oxley (SOX).
Coordinate delivery of mortgage back securities with internal and external stakeholders.
Monitor and maintain automated report generation and distribution via Cognos NoticeCast.
Prepare monthly incentive payment and quarterly incentive bonus data for payroll department.

Contractor auditor vs audit specialist skills

Common contractor auditor skills

Audit Reports, 23%
CPA, 16%
GAAP, 15%
Financial Statements, 6%
Internal Controls, 4%
Audit Findings, 3%

Common audit specialist skills

Audit Reports, 11%
Patients, 8%
Customer Service, 7%
Internal Audit, 6%
Audit Findings, 5%
Process Improvement, 4%