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The differences between finance auditors and accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance auditor has an average salary of $70,361, which is higher than the $54,890 average annual salary of an accountant.
The top three skills for a finance auditor include CPA, internal audit and audit findings. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Finance Auditor | Accountant | |
| Yearly salary | $70,361 | $54,890 |
| Hourly rate | $33.83 | $26.39 |
| Growth rate | 6% | 6% |
| Number of jobs | 92,192 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | - | 4 |
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.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Finance auditors and accountants have different pay scales, as shown below.
| Finance Auditor | Accountant | |
| Average salary | $70,361 | $54,890 |
| Salary range | Between $50,000 And $98,000 | Between $41,000 And $72,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Meta | |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a finance auditor and an accountant in terms of educational background:
| Finance Auditor | Accountant | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance auditors' and accountants' demographics:
| Finance Auditor | Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 55.4% Female, 44.6% | Male, 38.2% Female, 61.8% |
| Race ratio | Black 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, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |