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Finance auditor vs senior internal auditor

The differences between finance auditors and senior internal auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior internal auditor has an average salary of $80,920, 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 internal auditor are internal audit, process improvement, and compliance audits.

Finance auditor vs senior internal auditor overview

Finance AuditorSenior Internal Auditor
Yearly salary$70,361$80,920
Hourly rate$33.83$38.90
Growth rate6%6%
Number of jobs92,19224,545
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 78%
Average age4444
Years of experience--

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 internal auditor do?

A Senior Internal Auditor performs the planning and execution of regulatory, financial, and operational audits. They supervise auditors work and make recommendations through giving them review notes.

Finance auditor vs senior internal auditor salary

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

Finance AuditorSenior Internal Auditor
Average salary$70,361$80,920
Salary rangeBetween $50,000 And $98,000Between $62,000 And $105,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyGoogleNetflix
Best paying industryManufacturingFinance

Differences between finance auditor and senior internal auditor education

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

Finance AuditorSenior Internal Auditor
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance auditor vs senior internal auditor demographics

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

Finance AuditorSenior Internal Auditor
Average age4444
Gender ratioMale, 55.4% Female, 44.6%Male, 61.4% Female, 38.6%
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, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.3% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between finance auditor and senior internal auditor 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 internal auditor example responsibilities.

  • Schedule, plan, conduct fieldwork and report writing of audits using a COSO base audit methodology managing staff on audits.
  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Conduct audit reviews, document business processes, and evaluate internal controls base on Sarbanes-Oxley good governance standards and policies.
  • Execute or review Sarbanes-Oxley internal controls testing for various business processes and evaluate business systems to determine their efficiency and effectiveness
  • Enhance work paper standards according to IIA framework.
  • Confirm that internal controls are properly map to financial statement assertions to ensure that all COSO assertions are met.
    • Show more

Finance auditor vs senior internal auditor skills

Common finance auditor skills
  • CPA, 13%
  • Internal Audit, 9%
  • Audit Findings, 5%
  • Risk Assessments, 5%
  • Audit Reports, 5%
  • Audit Procedures, 4%
Common senior internal auditor skills
  • Internal Audit, 12%
  • Process Improvement, 8%
  • Compliance Audits, 7%
  • SOX, 5%
  • Audit Reports, 4%
  • Risk Management, 4%

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Updated January 8, 2025

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