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Inventory auditor vs account auditor

The differences between inventory auditors and account auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an account auditor has an average salary of $76,369, which is higher than the $33,666 average annual salary of an inventory auditor.

The top three skills for an inventory auditor include customer service, basic math and sales floor. The most important skills for an account auditor are audit reports, reconciliations, and CPA.

Inventory auditor vs account auditor overview

Inventory AuditorAccount Auditor
Yearly salary$33,666$76,369
Hourly rate$16.19$36.72
Growth rate6%6%
Number of jobs37,88789,144
Job satisfaction--
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 68%
Average age4444
Years of experience--

What does an inventory auditor do?

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.

What does an account auditor do?

The account auditor is the person tasked to conduct audits in sales accounts handled by the company. As with an auditor, this person checks all financial statements, investigates each entry, making sure everything is accounted for correctly. The auditor checks all receivables, attachments, and liquidation to ensure the financial report is accurate, which is vital for strategies that affect company expenses, calculate revenue, gains, and losses, and use those information to file taxes.

Inventory auditor vs account auditor salary

Inventory auditors and account auditors have different pay scales, as shown below.

Inventory AuditorAccount Auditor
Average salary$33,666$76,369
Salary rangeBetween $26,000 And $42,000Between $53,000 And $109,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateAlaskaNew York
Best paying companyBDApple
Best paying industryTechnologyProfessional

Differences between inventory auditor and account auditor education

There are a few differences between an inventory auditor and an account auditor in terms of educational background:

Inventory AuditorAccount Auditor
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 68%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Inventory auditor vs account auditor demographics

Here are the differences between inventory auditors' and account auditors' demographics:

Inventory AuditorAccount Auditor
Average age4444
Gender ratioMale, 53.3% Female, 46.7%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between inventory auditor and account auditor duties and responsibilities

Inventory auditor example responsibilities.

  • Manage the collection, analysis and verification of managerial payroll information to detect fraud and/or unethical practices.
  • Process price adjustments, correct inventory in the AS400 system.
  • Perform research in WMS, and report problem and perform final confirmation of correction.
  • Perform daily warehouse audits using AS400 verifying product quantity, location, and shipping information.
  • Travel to different stores and take account of store's inventory using a microcomputer and a RF scanner.
  • Inventory merchandise with the use of the RF system, audit trailers, investigate and communicate discrepancies and cycle count merchandise.
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Account auditor example responsibilities.

  • Ensure all working files and relate supporting documents meet SOX compliance and audit trail requirement
  • Work in a small team, ensure SOX compliance and GAAP/SEC/FASB reporting guidelines are adhered to.
  • Perform monthly accounting services, prepare quarterly/yearly payroll tax reports.
  • Administer processing of payroll and compliance with federal/state tax reporting requirements.
  • Review and analyze Medicaid cost report data to determine Medicaid reimbursement.
  • Verify accounts and prepares statements for private pay residents and Medicaid long-term care eligibility.
  • Show more

Inventory auditor vs account auditor skills

Common inventory auditor skills
  • Customer Service, 22%
  • Basic Math, 20%
  • Sales Floor, 7%
  • Inventory Audits, 7%
  • Computer Data, 6%
  • Organizational Effectiveness, 6%
Common account auditor skills
  • Audit Reports, 19%
  • Reconciliations, 6%
  • CPA, 6%
  • Internal Controls, 6%
  • Audit Procedures, 6%
  • Payroll, 5%

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