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Finance auditor vs staff auditor

The differences between finance auditors and staff auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance auditor has an average salary of $70,361, which is higher than the $55,431 average annual salary of a staff auditor.

The top three skills for a finance auditor include CPA, internal audit and audit findings. The most important skills for a staff auditor are audit procedures, CPA, and internal audit.

Finance auditor vs staff auditor overview

Finance AuditorStaff Auditor
Yearly salary$70,361$55,431
Hourly rate$33.83$26.65
Growth rate6%6%
Number of jobs92,19291,268
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 82%
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 staff auditor do?

The duties of a staff auditor depend on their line of work or place of employment. Typically, their responsibilities revolve around conducting financial audits and operational analysis to determine efficiency and compliance to regulations, coordinating with different departments to gather data, reach out to clients through calls or correspondence, and arrange appointments when necessary. A staff auditor may also perform clerical tasks such as produce progress reports, create presentations, respond to inquiries and concerns, and maintain extensive records and data.

Finance auditor vs staff auditor salary

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

Finance AuditorStaff Auditor
Average salary$70,361$55,431
Salary rangeBetween $50,000 And $98,000Between $43,000 And $70,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkAlaska
Best paying companyGoogleSignature Bank
Best paying industryManufacturingProfessional

Differences between finance auditor and staff auditor education

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

Finance AuditorStaff Auditor
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 82%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance auditor vs staff auditor demographics

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

Finance AuditorStaff Auditor
Average age4444
Gender ratioMale, 55.4% Female, 44.6%Male, 59.3% Female, 40.7%
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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 13.3% White, 62.5% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between finance auditor and staff 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

Staff auditor example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations for internal corporate and bank transactions.
  • Review consolidated GAAP financial statements, inter-company eliminations and fluctuations between budget verses actual results.
  • Ensure engagements are in compliance with generally accept accounting principles (GAAP) and generally accept auditing standards (GAAS).
  • Conduct financial audits in accordance with GAAS to establish compliance with policies and procedures and to determine effectiveness of internal controls.
  • Collaborate closely with clients by educating them on new opportunities and conduct tax research and planning; train clients on QuickBooks.
  • Collaborate with the quality department in authoring ISO procedures for manufacturing engineering; key contributor on quality and ISO auditing teams.
  • Show more

Finance auditor vs staff auditor skills

Common finance auditor skills
  • CPA, 13%
  • Internal Audit, 9%
  • Audit Findings, 5%
  • Risk Assessments, 5%
  • Audit Reports, 5%
  • Audit Procedures, 4%
Common staff auditor skills
  • Audit Procedures, 12%
  • CPA, 12%
  • Internal Audit, 7%
  • Audit Reports, 5%
  • Audit Findings, 5%
  • Compliance Audits, 4%

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