Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance auditors and 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 $54,853 average annual salary of an auditor.
The top three skills for a finance auditor include CPA, internal audit and audit findings. The most important skills for an auditor are audit reports, customer service, and financial statements.
| Finance Auditor | Auditor | |
| Yearly salary | $70,361 | $54,853 |
| Hourly rate | $33.83 | $26.37 |
| Growth rate | 6% | 6% |
| Number of jobs | 92,192 | 20,325 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 55% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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 auditor is responsible for reviewing financial statements and making sure that the reports align with the accounting principles and legislative standards. Some of the important duties of an auditor are verifying the company's account statements, ensuring that the business is free from fraud and other unusual activities, providing recommendations to boost operations' performance, and creating financial reports for the board. An auditor should have excellent analytical and decision-making skills to spot inaccuracies of financial statements and resolve financial issues immediately.
Finance auditors and auditors have different pay scales, as shown below.
| Finance Auditor | Auditor | |
| Average salary | $70,361 | $54,853 |
| Salary range | Between $50,000 And $98,000 | Between $35,000 And $84,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New Jersey |
| Best paying company | Microsoft | |
| Best paying industry | Manufacturing | Professional |
There are a few differences between a finance auditor and an auditor in terms of educational background:
| Finance Auditor | Auditor | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 55% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance auditors' and auditors' demographics:
| Finance Auditor | Auditor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 55.4% Female, 44.6% | Male, 44.9% Female, 55.1% |
| 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, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.5% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |