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The differences between finance auditors and finance consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance consultant has an average salary of $77,551, 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 a finance consultant are customer service, financial services, and financial statements.
| Finance Auditor | Finance Consultant | |
| Yearly salary | $70,361 | $77,551 |
| Hourly rate | $33.83 | $37.28 |
| Growth rate | 6% | 15% |
| Number of jobs | 92,192 | 94,259 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Average age | 44 | 45 |
| 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.
A finance consultant is responsible for providing financial plans and advice for clients, managing their finances and investment decisions, and helping them achieve their long-term financial goals. Finance consultants carefully evaluate clients' financial situations, help them decide on insurance options, and patiently respond to finance-related inquiries and concerns. They should be able to monitor financial market conditions to decide on the right strategies for the clients' best interests. A finance consultant must have excellent analytical skills, as well as broad knowledge of the financial industry and stock market movements.
Finance auditors and finance consultants have different pay scales, as shown below.
| Finance Auditor | Finance Consultant | |
| Average salary | $70,361 | $77,551 |
| Salary range | Between $50,000 And $98,000 | Between $54,000 And $110,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Apple | |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a finance auditor and a finance consultant in terms of educational background:
| Finance Auditor | Finance Consultant | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 72% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance auditors' and finance consultants' demographics:
| Finance Auditor | Finance Consultant | |
| Average age | 44 | 45 |
| Gender ratio | Male, 55.4% Female, 44.6% | Male, 68.5% Female, 31.5% |
| 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, 5.7% Unknown, 4.4% Hispanic or Latino, 9.6% Asian, 8.5% White, 71.8% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 5% |