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The differences between finance auditors and finance managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance manager has an average salary of $101,374, 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 manager are financial analysis, CPA, and customer service.
| Finance Auditor | Finance Manager | |
| Yearly salary | $70,361 | $101,374 |
| Hourly rate | $33.83 | $48.74 |
| Growth rate | 6% | 17% |
| Number of jobs | 92,192 | 125,345 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Average age | 44 | 46 |
| Years of experience | - | 8 |
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 manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Finance auditors and finance managers have different pay scales, as shown below.
| Finance Auditor | Finance Manager | |
| Average salary | $70,361 | $101,374 |
| Salary range | Between $50,000 And $98,000 | Between $71,000 And $144,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Barclays | |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a finance auditor and a finance manager in terms of educational background:
| Finance Auditor | Finance Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance auditors' and finance managers' demographics:
| Finance Auditor | Finance Manager | |
| Average age | 44 | 46 |
| Gender ratio | Male, 55.4% Female, 44.6% | Male, 60.0% Female, 40.0% |
| 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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |