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Finance auditor vs finance analyst

The differences between finance auditors and finance analysts 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 $69,887 average annual salary of a finance analyst.

The top three skills for a finance auditor include CPA, internal audit and audit findings. The most important skills for a finance analyst are financial analysis, financial models, and financial data.

Finance auditor vs finance analyst overview

Finance AuditorFinance Analyst
Yearly salary$70,361$69,887
Hourly rate$33.83$33.60
Growth rate6%9%
Number of jobs92,192138,600
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 76%
Average age4440
Years of experience-4

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 a finance analyst do?

A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.

Finance auditor vs finance analyst salary

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

Finance AuditorFinance Analyst
Average salary$70,361$69,887
Salary rangeBetween $50,000 And $98,000Between $46,000 And $104,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkConnecticut
Best paying companyGoogleThe Citadel
Best paying industryManufacturingFinance

Differences between finance auditor and finance analyst education

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

Finance AuditorFinance Analyst
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 76%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance auditor vs finance analyst demographics

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

Finance AuditorFinance Analyst
Average age4440
Gender ratioMale, 55.4% Female, 44.6%Male, 56.2% Female, 43.8%
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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between finance auditor and finance analyst 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

Finance analyst example responsibilities.

  • Manage company asset accounts, wire funds to clients and record and structure amounts into QuickBooks.
  • Manage the UAT team involve in the testing of an enterprise accounting and project management software.
  • Manage customer portfolio to department KPI's, target balance, aging metrics, cash recovery and write-off tolerance.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Manage and maintain information in worldwide-military database which include exemptions, transfers, retirements, and payroll records.
  • Accomplish project accounting functions including project costing, time reporting, project accruals and proper capitalization of development costs.
  • Show more

Finance auditor vs finance analyst skills

Common finance auditor skills
  • CPA, 13%
  • Internal Audit, 9%
  • Audit Findings, 5%
  • Risk Assessments, 5%
  • Audit Reports, 5%
  • Audit Procedures, 4%
Common finance analyst skills
  • Financial Analysis, 9%
  • Financial Models, 5%
  • Financial Data, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Hyperion, 3%

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