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Corporate auditor vs senior auditor

The differences between corporate 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 $64,501 average annual salary of a corporate auditor.

The top three skills for a corporate auditor include internal controls, internal audit and risk assessments. The most important skills for a senior auditor are CPA, internal audit, and audit reports.

Corporate auditor vs senior auditor overview

Corporate AuditorSenior Auditor
Yearly salary$64,501$74,382
Hourly rate$31.01$35.76
Growth rate6%6%
Number of jobs29,76523,025
Job satisfaction-5
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 79%
Average age4444
Years of experience--

What does a corporate auditor do?

Corporate auditors access corporate accounting systems to examine their accounting books and financial statements. These auditors ensure that all transactions made by these corporations comply with all laws and regulations. When employed by a company, these auditors periodically check for mismanagement and fraud indicators in their books to suggest what actions they can do to increase their income. There are skills that auditors need to have to perform their job properly, like having analytical skills, business acumen, and general IT knowledge aside from having good communication skills.

What does a senior auditor do?

Senior auditors have a vital role to play in the financial auditing process. They hold more responsibilities compared to staff auditors and report to an auditing manager directly. They have varied duties and responsibilities, including assigning tasks to staff auditors, overseeing compliant and precise auditing processes, and performing control and risk assessments. Senior auditors also are responsible for presenting audit findings, coordinating periodical audits, and submitting reports to the manager. If you are looking to apply for this role, you need to have a bachelor's degree in accounting or finance, strong analytical and mathematical skills, and proficiency in MS Office.

Corporate auditor vs senior auditor salary

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

Corporate AuditorSenior Auditor
Average salary$64,501$74,382
Salary rangeBetween $46,000 And $88,000Between $54,000 And $101,000
Highest paying CityBoston, MAWashington, DC
Highest paying stateCaliforniaNew York
Best paying companyState StreetMicrosoft
Best paying industryAutomotiveTechnology

Differences between corporate auditor and senior auditor education

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

Corporate AuditorSenior Auditor
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 79%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate auditor vs senior auditor demographics

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

Corporate AuditorSenior Auditor
Average age4444
Gender ratioMale, 61.7% Female, 38.3%Male, 62.7% Female, 37.3%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% 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 Percentage7%7%

Differences between corporate auditor and senior auditor duties and responsibilities

Corporate auditor example responsibilities.

  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Complete SOX testing procedures at corporate headquarters informing management regarding results.
  • Research GAAP to determine if record transactions are in accordance with GAAP.
  • Handle ACH transfers, including transfers for payroll and accounts payable accounts; orchestrate direct deposit payrolls.
  • Play a key role in the design and implementation of a new billing system for payroll processing centers.
  • Perform Sarbanes-Oxley planning and testing.
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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.
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Corporate auditor vs senior auditor skills

Common corporate auditor skills
  • Internal Controls, 8%
  • Internal Audit, 8%
  • Risk Assessments, 7%
  • Compliance Audits, 7%
  • Audit Findings, 5%
  • SOX, 5%
Common senior auditor skills
  • CPA, 13%
  • Internal Audit, 7%
  • Audit Reports, 6%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%

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