Contractor auditor vs lead auditor

The differences between contractor auditors 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 $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 a lead auditor are ISO, medicare, and management system.

Contractor auditor vs lead auditor overview

	Contractor Auditor	Lead Auditor
Yearly salary	$44,024	$85,352
Hourly rate	$21.17	$41.03
Growth rate	6%	6%
Number of jobs	29,170	20,504
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 58%
Average age	44	44
Years of experience	-	-

Contractor auditor vs lead auditor salary

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

	Contractor Auditor	Lead Auditor
Average salary	$44,024	$85,352
Salary range	Between $26,000 And $74,000	Between $62,000 And $115,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Meta
Best paying industry	-	Professional

Differences between contractor auditor and lead auditor education

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

	Contractor Auditor	Lead Auditor
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 58%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Contractor auditor vs lead auditor demographics

Here are the differences between contractor auditors' and lead auditors' demographics:

	Contractor Auditor	Lead Auditor
Average age	44	44
Gender ratio	Male, 45.6% Female, 54.4%	Male, 57.9% Female, 42.1%
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, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between contractor auditor and lead auditor 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.

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.

Contractor auditor vs lead auditor skills

Common contractor auditor skills

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

Common lead auditor skills

ISO, 16%
Medicare, 10%
Management System, 6%
Audit Reports, 5%
Corrective Action, 5%
Internal Controls, 4%