Contractor auditor vs senior auditor

The differences between contractor auditors and senior auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior auditor has an average salary of $74,382, 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 senior auditor are CPA, internal audit, and audit reports.

Contractor auditor vs senior auditor overview

	Contractor Auditor	Senior Auditor
Yearly salary	$44,024	$74,382
Hourly rate	$21.17	$35.76
Growth rate	6%	6%
Number of jobs	29,170	23,025
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 79%
Average age	44	44
Years of experience	-	-

Contractor auditor vs senior auditor salary

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

	Contractor Auditor	Senior Auditor
Average salary	$44,024	$74,382
Salary range	Between $26,000 And $74,000	Between $54,000 And $101,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	Microsoft
Best paying industry	-	Technology

Differences between contractor auditor and senior auditor education

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

	Contractor Auditor	Senior Auditor
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 79%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Contractor auditor vs senior auditor demographics

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

	Contractor Auditor	Senior Auditor
Average age	44	44
Gender ratio	Male, 45.6% Female, 54.4%	Male, 62.7% Female, 37.3%
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, 8.3% Unknown, 3.9% Hispanic or Latino, 10.6% Asian, 14.2% White, 62.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between contractor auditor and senior 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.

Senior auditor example responsibilities.

Conduct routine retrospective and prospective audits for ICD-10 CM/PCS, CPT and HCPCS for outpatient/inpatient facility and manage auditors.
Lead internal control reviews for an internationally own agriculture manufacturing company focuse on the inventory and payroll areas.
Create technology specific audit programs for SOX and operational audits ensuring that risks are clearly define and adequately test.
Enforce regulatory requirements and uphold Sarbanes-Oxley financial disclosure procedures to ensure accurate representation of internal and on-site audit assignments.
Guide clients with the compliance of the accounting standards (IFRS).
Prepare, and conduct all GxP (GMP, GLP, and GCP) in house and CMO training.

Contractor auditor vs senior auditor skills

Common contractor auditor skills

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

Common senior auditor skills

CPA, 13%
Internal Audit, 7%
Audit Reports, 6%
Audit Procedures, 5%
Audit Engagements, 5%
Risk Assessments, 4%