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The differences between finance auditors and senior auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior auditor has an average salary of $74,382, 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 senior auditor are CPA, internal audit, and audit reports.
| Finance Auditor | Senior Auditor | |
| Yearly salary | $70,361 | $74,382 |
| Hourly rate | $33.83 | $35.76 |
| Growth rate | 6% | 6% |
| Number of jobs | 92,192 | 23,025 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 79% |
| 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.
Senior auditors have a vital role to play in the financial auditing process. They hold more responsibilities compared to staff auditors and report to an auditing manager directly. They have varied duties and responsibilities, including assigning tasks to staff auditors, overseeing compliant and precise auditing processes, and performing control and risk assessments. Senior auditors also are responsible for presenting audit findings, coordinating periodical audits, and submitting reports to the manager. If you are looking to apply for this role, you need to have a bachelor's degree in accounting or finance, strong analytical and mathematical skills, and proficiency in MS Office.
Finance auditors and senior auditors have different pay scales, as shown below.
| Finance Auditor | Senior Auditor | |
| Average salary | $70,361 | $74,382 |
| Salary range | Between $50,000 And $98,000 | Between $54,000 And $101,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Microsoft | |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a finance auditor and a senior auditor in terms of educational background:
| Finance Auditor | Senior Auditor | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 79% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance auditors' and senior auditors' demographics:
| Finance Auditor | Senior Auditor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 55.4% Female, 44.6% | Male, 62.7% Female, 37.3% |
| 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, 8.3% Unknown, 3.9% Hispanic or Latino, 10.6% Asian, 14.2% White, 62.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |