Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance auditors and lead auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead auditor has an average salary of $85,352, 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 lead auditor are ISO, medicare, and management system.
| Finance Auditor | Lead Auditor | |
| Yearly salary | $70,361 | $85,352 |
| Hourly rate | $33.83 | $41.03 |
| Growth rate | 6% | 6% |
| Number of jobs | 92,192 | 20,504 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 58% |
| 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.
Lead auditors are professionals who are responsible for providing leadership and coordinating work schedules to a team of audit experts within an organization. These lead auditors are required to prepare audit plans and conduct team meetings before conducting internal or external audits at the end of the quarter or year. They must conduct audits to provide reviews to the management about the effectiveness of the overall quality system. Lead auditors must also develop action plans to improve the financial reporting systems of the organization.
Finance auditors and lead auditors have different pay scales, as shown below.
| Finance Auditor | Lead Auditor | |
| Average salary | $70,361 | $85,352 |
| Salary range | Between $50,000 And $98,000 | Between $62,000 And $115,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Meta | |
| Best paying industry | Manufacturing | Professional |
There are a few differences between a finance auditor and a lead auditor in terms of educational background:
| Finance Auditor | Lead Auditor | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 58% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance auditors' and lead auditors' demographics:
| Finance Auditor | Lead Auditor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 55.4% Female, 44.6% | Male, 57.9% Female, 42.1% |
| 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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |