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Finance auditor vs finance manager

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 vs finance manager overview

Finance AuditorFinance Manager
Yearly salary$70,361$101,374
Hourly rate$33.83$48.74
Growth rate6%17%
Number of jobs92,192125,345
Job satisfaction-5
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 66%
Average age4446
Years of experience-8

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 manager do?

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 auditor vs finance manager salary

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

Finance AuditorFinance Manager
Average salary$70,361$101,374
Salary rangeBetween $50,000 And $98,000Between $71,000 And $144,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyGoogleBarclays
Best paying industryManufacturingFinance

Differences between finance auditor and finance manager education

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

Finance AuditorFinance Manager
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 66%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance auditor vs finance manager demographics

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

Finance AuditorFinance Manager
Average age4446
Gender ratioMale, 55.4% Female, 44.6%Male, 60.0% Female, 40.0%
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, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between finance auditor and finance manager 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 manager example responsibilities.

  • Manage the preparation of monthly reporting packs and board presentations with robust variance analysis, commentaries and forward looking KPIs.
  • Manage a team of sales persons, business managers, sales manager, A/R, A/P, and general managers.
  • Lead successful sales team and provide direct oversight on overall dealership business profitability.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Oversee financial analysis, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with GAAP standards.
  • Execute simple SQL queries to validate data in tables.
  • Show more

Finance auditor vs finance manager skills

Common finance auditor skills
  • CPA, 13%
  • Internal Audit, 9%
  • Audit Findings, 5%
  • Risk Assessments, 5%
  • Audit Reports, 5%
  • Audit Procedures, 4%
Common finance manager skills
  • Financial Analysis, 7%
  • CPA, 7%
  • Customer Service, 6%
  • Hyperion, 4%
  • Financial Models, 4%
  • Strong Analytical, 4%

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