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Internal auditor vs senior auditor

The differences between internal 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 $63,013 average annual salary of an internal auditor.

The top three skills for an internal auditor include CPA, risk management and SOX. The most important skills for a senior auditor are CPA, internal audit, and audit reports.

Internal auditor vs senior auditor overview

Internal AuditorSenior Auditor
Yearly salary$63,013$74,382
Hourly rate$30.29$35.76
Growth rate6%6%
Number of jobs25,57123,025
Job satisfaction-5
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 79%
Average age4444
Years of experience--

What does an internal auditor do?

An internal auditor is an individual who takes responsibility for crucial accounting functions in an organization. Internal auditors have trusted consultants who advise upper management on how to handle corporate goals and risks. They review the business operations and processes of organizations. They have to assess the efficacy of the company's risk management procedures. They are expected to have superb communication skills, IT knowledge, and math aptitude. Also, they help protect the organization from potential theft and fraud of its assets.

What does a senior auditor do?

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.

Internal auditor vs senior auditor salary

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

Internal AuditorSenior Auditor
Average salary$63,013$74,382
Salary rangeBetween $45,000 And $86,000Between $54,000 And $101,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew YorkNew York
Best paying companyMetaMicrosoft
Best paying industryManufacturingTechnology

Differences between internal auditor and senior auditor education

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

Internal AuditorSenior Auditor
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 79%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Internal auditor vs senior auditor demographics

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

Internal AuditorSenior Auditor
Average age4444
Gender ratioMale, 54.6% Female, 45.4%Male, 62.7% Female, 37.3%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.9% White, 63.1% 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 Percentage7%7%

Differences between internal auditor and senior auditor duties and responsibilities

Internal auditor example responsibilities.

  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Conduct complex performance audits, fraud investigations, special projects and routine follow-up reviews in accordance with IIA standards.
  • Perform tests of critical controls in compliance with Sarbanes-Oxley legislation and report results utilizing company compliance tool to validate SOX checklist.
  • Develop company FDA policy & procedures for liquid oxygen small bulk delivery vessels.
  • Perform planning, compliance testing, substantive analysis and testing in accordance with GAAS.
  • Show more

Senior auditor example responsibilities.

  • Conduct routine retrospective and prospective audits for ICD-10 CM/PCS, CPT and HCPCS for outpatient/inpatient facility and manage auditors.
  • Lead internal control reviews for an internationally own agriculture manufacturing company focuse on the inventory and payroll areas.
  • Create technology specific audit programs for SOX and operational audits ensuring that risks are clearly define and adequately test.
  • Enforce regulatory requirements and uphold Sarbanes-Oxley financial disclosure procedures to ensure accurate representation of internal and on-site audit assignments.
  • Guide clients with the compliance of the accounting standards (IFRS).
  • Prepare, and conduct all GxP (GMP, GLP, and GCP) in house and CMO training.
  • Show more

Internal auditor vs senior auditor skills

Common internal auditor skills
  • CPA, 8%
  • Risk Management, 5%
  • SOX, 5%
  • Audit Findings, 5%
  • Audit Procedures, 5%
  • Internal Audit Function, 5%
Common senior auditor skills
  • CPA, 13%
  • Internal Audit, 7%
  • Audit Reports, 6%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%

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