Credit administration manager vs audit manager

The differences between credit administration managers and audit managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a credit administration manager and an audit manager. Additionally, a credit administration manager has an average salary of $148,487, which is higher than the $121,419 average annual salary of an audit manager.

The top three skills for a credit administration manager include risk management, powerpoint and credit decisions. The most important skills for an audit manager are CPA, internal audit, and audit reports.

Credit administration manager vs audit manager overview

	Credit Administration Manager	Audit Manager
Yearly salary	$148,487	$121,419
Hourly rate	$71.39	$58.37
Growth rate	17%	17%
Number of jobs	41,610	70,168
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 75%
Average age	46	46
Years of experience	8	8

Credit administration manager vs audit manager salary

Credit administration managers and audit managers have different pay scales, as shown below.

	Credit Administration Manager	Audit Manager
Average salary	$148,487	$121,419
Salary range	Between $94,000 And $233,000	Between $82,000 And $178,000
Highest paying City	-	Portland, ME
Highest paying state	-	Maine
Best paying company	-	Meta
Best paying industry	-	Manufacturing

Differences between credit administration manager and audit manager education

There are a few differences between a credit administration manager and an audit manager in terms of educational background:

	Credit Administration Manager	Audit Manager
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 75%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Credit administration manager vs audit manager demographics

Here are the differences between credit administration managers' and audit managers' demographics:

	Credit Administration Manager	Audit Manager
Average age	46	46
Gender ratio	Male, 43.4% Female, 56.6%	Male, 66.0% Female, 34.0%
Race ratio	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 8.3% White, 63.9% American Indian and Alaska Native, 0.3%	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit administration manager and audit manager duties and responsibilities

Credit administration manager example responsibilities.

Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Maintain compliance with SOX compliance controls with an annual review and update.
Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Audit manager example responsibilities.

Manage a review for a large insurance company to ensure compliance with HIPAA law.
Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
Manage audits of monthly closings, bank reports, cash flow, operations analysis, revenue accounting, and IPO documents.
Manage two staff accountants and Hyperion assistant/analyst.

Credit administration manager vs audit manager skills

Common credit administration manager skills

Risk Management, 18%
PowerPoint, 17%
Credit Decisions, 13%
Origination, 12%
Credit Risk, 11%
Loan Documentation, 4%

Common audit manager skills

CPA, 14%
Internal Audit, 6%
Audit Reports, 6%
Audit Engagements, 5%
Financial Services, 5%
Risk Management, 5%

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Credit Administration Manager
Credit Administration Manager vs Audit Manager

Updated January 8, 2025

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