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Finance auditor vs senior finance consultant

The differences between finance auditors and senior finance consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior finance consultant has an average salary of $97,689, 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 finance consultant are financial analysis, project management, and financial services.

Finance auditor vs senior finance consultant overview

Finance AuditorSenior Finance Consultant
Yearly salary$70,361$97,689
Hourly rate$33.83$46.97
Growth rate6%9%
Number of jobs92,192112,032
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 71%
Average age4440
Years of experience-4

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 senior finance consultant do?

A senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.

Finance auditor vs senior finance consultant salary

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

Finance AuditorSenior Finance Consultant
Average salary$70,361$97,689
Salary rangeBetween $50,000 And $98,000Between $68,000 And $138,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyGoogleDell
Best paying industryManufacturingTechnology

Differences between finance auditor and senior finance consultant education

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

Finance AuditorSenior Finance Consultant
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 71%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance auditor vs senior finance consultant demographics

Here are the differences between finance auditors' and senior finance consultants' demographics:

Finance AuditorSenior Finance Consultant
Average age4440
Gender ratioMale, 55.4% Female, 44.6%Male, 68.2% Female, 31.8%
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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between finance auditor and senior finance consultant 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

Senior finance consultant example responsibilities.

  • Manage contractor responsible for building a customize Hyperion Essbase cube.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Review A/P & A/R aging with CFO weekly
  • Train employees on using the state PeopleSoft system for travel expense reimbursement.
  • Perform account adjustments, heavy reconciliation, as well as monthly closing of A/P, A/R and GL
  • Participate in cash management decisions and treasury functions.
  • Show more

Finance auditor vs senior finance consultant skills

Common finance auditor skills
  • CPA, 13%
  • Internal Audit, 9%
  • Audit Findings, 5%
  • Risk Assessments, 5%
  • Audit Reports, 5%
  • Audit Procedures, 4%
Common senior finance consultant skills
  • Financial Analysis, 7%
  • Project Management, 6%
  • Financial Services, 5%
  • Strong Analytical, 4%
  • Shared Services, 4%
  • Risk Management, 3%

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