Post job

Finance auditor vs account auditor

The differences between finance auditors and account auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account auditor has an average salary of $76,369, which is higher than the $70,361 average annual salary of a finance auditor.

The top three skills for a finance auditor include CPA, internal audit and audit findings. The most important skills for an account auditor are audit reports, reconciliations, and CPA.

Finance auditor vs account auditor overview

Finance AuditorAccount Auditor
Yearly salary$70,361$76,369
Hourly rate$33.83$36.72
Growth rate6%6%
Number of jobs92,19289,144
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 68%
Average age4444
Years of experience--

What does a finance auditor do?

A finance auditor is primarily in charge of planning and conducting audits on a company's overall financial activities, ensuring accuracy and transparency. Their responsibilities typically revolve around coordinating with different departments to gather data, performing research and analysis to identify and assess risks, identifying errors or inconsistencies on financial reports, and devising strategies to optimize auditing procedures. Furthermore, as a finance auditor, it is essential to supervise and encourage the accounting and auditing staff to reach goals, all while implementing the company's policies and regulations.

What does an account auditor do?

The account auditor is the person tasked to conduct audits in sales accounts handled by the company. As with an auditor, this person checks all financial statements, investigates each entry, making sure everything is accounted for correctly. The auditor checks all receivables, attachments, and liquidation to ensure the financial report is accurate, which is vital for strategies that affect company expenses, calculate revenue, gains, and losses, and use those information to file taxes.

Finance auditor vs account auditor salary

Finance auditors and account auditors have different pay scales, as shown below.

Finance AuditorAccount Auditor
Average salary$70,361$76,369
Salary rangeBetween $50,000 And $98,000Between $53,000 And $109,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkNew York
Best paying companyGoogleApple
Best paying industryManufacturingProfessional

Differences between finance auditor and account auditor education

There are a few differences between a finance auditor and an account auditor in terms of educational background:

Finance AuditorAccount Auditor
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 68%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance auditor vs account auditor demographics

Here are the differences between finance auditors' and account auditors' demographics:

Finance AuditorAccount Auditor
Average age4444
Gender ratioMale, 55.4% Female, 44.6%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.2% White, 63.2% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between finance auditor and account auditor duties and responsibilities

Finance auditor example responsibilities.

  • Schedule, plan, conduct fieldwork and report writing of audits using a COSO base audit methodology managing staff on audits.
  • Assist in the SFA audit process perform by independent CPA firms to ensure deadlines are meet for reporting.
  • Perform routine reviews of management assertions relating to Sarbanes-Oxley (SOX) for compliance and potential material impact to financial statements.
  • Join the leading CPA firm (at that time) in the country.
  • Supervise and perform SOX audits of international subsidiaries.
  • Create and review monthly financial reports by utilizing Hyperion.
  • Show more

Account auditor example responsibilities.

  • Ensure all working files and relate supporting documents meet SOX compliance and audit trail requirement
  • Work in a small team, ensure SOX compliance and GAAP/SEC/FASB reporting guidelines are adhered to.
  • Perform monthly accounting services, prepare quarterly/yearly payroll tax reports.
  • Administer processing of payroll and compliance with federal/state tax reporting requirements.
  • Review and analyze Medicaid cost report data to determine Medicaid reimbursement.
  • Verify accounts and prepares statements for private pay residents and Medicaid long-term care eligibility.
  • Show more

Finance auditor vs account auditor skills

Common finance auditor skills
  • CPA, 13%
  • Internal Audit, 9%
  • Audit Findings, 5%
  • Risk Assessments, 5%
  • Audit Reports, 5%
  • Audit Procedures, 4%
Common account auditor skills
  • Audit Reports, 19%
  • Reconciliations, 6%
  • CPA, 6%
  • Internal Controls, 6%
  • Audit Procedures, 6%
  • Payroll, 5%

Browse business and financial jobs