An inventory auditor is a trained accounting professional who carries out analytical procedures that check if financial records match inventory records. They conduct inventory counts and prepares inventory reports about the actual state of inventory. They do this by traveling to the different stores to record accurate counts of various products and materials. If there are missing products or miscounted figures, they determine why and provide advice on ways to limit inconsistencies.
Inventory auditors work closely with warehousing staff, suppliers, and vendors. They can work in delivery companies, suppliers, and inventory management companies. To be successful in their role, they should have strong accounting skills, organizational skills, communication skills, computer skills, analytical skills, and attention to detail. The job involves a lot of standing, lifting, bending, and squatting to count inventory; therefore, they should have physical fitness
Inventory auditors mostly work full-time 40 hours a week Monday to Friday. They usually work in shifts in inventory rooms, warehouses, and retail stores. They may work additional hours in the evenings past working hours, during the weekends and public holidays.
There is more than meets the eye when it comes to being an inventory auditor. For example, did you know that they make an average of $14.66 an hour? That's $30,495 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.
There are certain skills that many inventory auditors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed organizational skills, detail oriented and customer-service skills.
If you're interested in becoming an inventory auditor, one of the first things to consider is how much education you need. We've determined that 37.8% of inventory auditors have a bachelor's degree. In terms of higher education levels, we found that 4.3% of inventory auditors have master's degrees. Even though some inventory auditors have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an inventory auditor. When we researched the most common majors for an inventory auditor, we found that they most commonly earn bachelor's degree degrees or high school diploma degrees. Other degrees that we often see on inventory auditor resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become an inventory auditor. In fact, many inventory auditor jobs require experience in a role such as cashier. Meanwhile, many inventory auditors also have previous career experience in roles such as customer service representative or sales associate.