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Inventory auditor hiring summary. Here are some key points about hiring inventory auditors in the United States:
Here's a step-by-step inventory auditor hiring guide:
Inventory auditors are responsible for creating and monitoring inventory reports as well as recording various products and stocks. Often, Inventory Auditor works full-time hours inside a warehouse and delivery company, business establishment, Malls, and other management company. The job also includes traveling to different locations and work with multiple industries. Counts the item stock's quantity and compares the inventory record to physical inventory to ensure that the number matches with the supply amount and there is no missing product.
Before you post your inventory auditor job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an inventory auditor for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them an inventory auditor to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an inventory auditor that fits the bill.
This list presents inventory auditor salaries for various positions.
| Type of Inventory Auditor | Description | Hourly rate |
|---|---|---|
| Inventory Auditor | Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time... Show more | $12-20 |
| Audit Internship | An audit intern is responsible for assisting the finance department in processing financial reports, analyzing account statements, releasing invoices, and conducting tax audits. Audit interns shadow tenured staff on the operation procedures to familiarize themselves with work processes... Show more | $15-34 |
| Auditor Supervisor | An auditor supervisor is a financial professional who manages a staff of audit professionals and controls consulting engagements that evaluate the management and operating practices of a corporate. This supervisor is required to supervise audit planning and fieldwork as well as communicates findings and recommendations to senior management... Show more | $28-55 |
Including a salary range in the inventory auditor job description is a good way to get more applicants. An inventory auditor salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for an inventory auditor in Wisconsin may be lower than in Alaska, and an entry-level engineer typically earns less than a senior-level inventory auditor. Additionally, an inventory auditor with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $39,985 | $19 |
| 2 | Colorado | $37,271 | $18 |
| 3 | Oregon | $37,269 | $18 |
| 4 | California | $36,558 | $18 |
| 5 | Virginia | $33,134 | $16 |
| 6 | Arizona | $32,730 | $16 |
| 7 | Alabama | $32,263 | $16 |
| 8 | Texas | $31,650 | $15 |
| 9 | Illinois | $31,102 | $15 |
| 10 | North Carolina | $31,005 | $15 |
| 11 | Ohio | $30,500 | $15 |
| 12 | Michigan | $30,181 | $15 |
| 13 | Indiana | $29,781 | $14 |
| 14 | Nevada | $29,389 | $14 |
| 15 | Utah | $29,177 | $14 |
| 16 | Georgia | $27,491 | $13 |
| 17 | Louisiana | $25,826 | $12 |
| 18 | Tennessee | $24,399 | $12 |
| 19 | Florida | $23,393 | $11 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | BD | $43,297 | $20.82 | |
| 2 | Costco Wholesale | $40,595 | $19.52 | 149 |
| 3 | Celestica | $39,376 | $18.93 | 4 |
| 4 | Lippert Components | $39,279 | $18.88 | |
| 5 | Reef | $38,661 | $18.59 | |
| 6 | Ryder System | $38,541 | $18.53 | 86 |
| 7 | First Cash Financial Services | $38,351 | $18.44 | 2 |
| 8 | ATEC Spine | $36,491 | $17.54 | |
| 9 | Lineage Logistics | $36,367 | $17.48 | 36 |
| 10 | Parker Global Strategies | $36,321 | $17.46 | 7 |
| 11 | Volt Systems LLC | $36,059 | $17.34 | |
| 12 | Core-Mark International | $35,929 | $17.27 | |
| 13 | Barmetrix | $35,694 | $17.16 | |
| 14 | Sunland Logistics Solutions | $35,659 | $17.14 | 2 |
| 15 | PICS Inventory | $35,521 | $17.08 | |
| 16 | Gas Express Nieto | $35,477 | $17.06 | |
| 17 | Parker and Sons | $35,477 | $17.06 | |
| 18 | SchoolCare | $35,447 | $17.04 | |
| 19 | H&M International | $35,435 | $17.04 | |
| 20 | Radial | $35,432 | $17.03 |
A job description for an inventory auditor role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an inventory auditor job description:
To find inventory auditors for your business, try out a few different recruiting strategies:
During your first interview to recruit inventory auditors, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the inventory auditor position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new inventory auditor first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Recruiting inventory auditors involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
Inventory auditors earn a median yearly salary is $33,666 a year in the US. However, if you're looking to find inventory auditors for hire on a contract or per-project basis, hourly rates typically range between $12 and $20.