Post job

Finance auditor vs associate auditor

The differences between finance auditors and associate auditors 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 $56,973 average annual salary of an associate auditor.

The top three skills for a finance auditor include CPA, internal audit and audit findings. The most important skills for an associate auditor are internal controls, financial services, and internal audit.

Finance auditor vs associate auditor overview

Finance AuditorAssociate Auditor
Yearly salary$70,361$56,973
Hourly rate$33.83$27.39
Growth rate6%6%
Number of jobs92,19220,192
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 72%
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 associate auditor do?

An Associate Auditor assists in the review and evaluation of operational and management control systems. They also assist clients with routine accounting functions.

Finance auditor vs associate auditor salary

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

Finance AuditorAssociate Auditor
Average salary$70,361$56,973
Salary rangeBetween $50,000 And $98,000Between $44,000 And $72,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkNew York
Best paying companyGoogleSantander Private Banking International
Best paying industryManufacturingFinance

Differences between finance auditor and associate auditor education

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

Finance AuditorAssociate Auditor
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance auditor vs associate auditor demographics

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

Finance AuditorAssociate Auditor
Average age4444
Gender ratioMale, 55.4% Female, 44.6%Male, 51.0% Female, 49.0%
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, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.5% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between finance auditor and associate 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

Associate auditor example responsibilities.

  • Manage accounts payable/receivable/inventory, payroll, selling and administrative expense, owner s equity and cash accounts.
  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Review simple visit coding of HCPCS, ICD, and CPT codes to ensure coding compliance.
  • Provide education to linear departments base on payer bulletins and CMS guidelines via updates receive from Novitas.
  • Prepare the charge master to reflect all charges for all departments by applying the appropriate HCPCS and CPT codes.
  • Travel to various locations outside of normal business commute for audits, site visits, quarterly reviews, and SOX testing.
  • Show more

Finance auditor vs associate auditor skills

Common finance auditor skills
  • CPA, 13%
  • Internal Audit, 9%
  • Audit Findings, 5%
  • Risk Assessments, 5%
  • Audit Reports, 5%
  • Audit Procedures, 4%
Common associate auditor skills
  • Internal Controls, 15%
  • Financial Services, 5%
  • Internal Audit, 5%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%

Browse business and financial jobs