Inventory auditor vs internal audit manager

The differences between inventory auditors and internal audit managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an internal audit manager has an average salary of $106,222, 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 internal audit manager are internal controls, risk management, and audit reports.

Inventory auditor vs internal audit manager overview

	Inventory Auditor	Internal Audit Manager
Yearly salary	$33,666	$106,222
Hourly rate	$16.19	$51.07
Growth rate	6%	6%
Number of jobs	37,887	28,405
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 75%
Average age	44	44
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 internal audit manager do?

An Internal Audit Manager monitors and evaluates how well risks are being managed. They develop recommendations and reports based on audits and present solutions to senior management.

Inventory auditor vs internal audit manager salary

Inventory auditors and internal audit managers have different pay scales, as shown below.

	Inventory Auditor	Internal Audit Manager
Average salary	$33,666	$106,222
Salary range	Between $26,000 And $42,000	Between $74,000 And $151,000
Highest paying City	New York, NY	San Francisco, CA
Highest paying state	Alaska	California
Best paying company	BD	Citi
Best paying industry	Technology	Finance

Differences between inventory auditor and internal audit manager education

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

	Inventory Auditor	Internal Audit Manager
Most common degree	Bachelor's Degree, 38%	Bachelor's Degree, 75%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Inventory auditor vs internal audit manager demographics

Here are the differences between inventory auditors' and internal audit managers' demographics:

	Inventory Auditor	Internal Audit Manager
Average age	44	44
Gender ratio	Male, 53.3% Female, 46.7%	Male, 70.1% Female, 29.9%
Race ratio	Black 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, 10.8% Asian, 12.9% White, 63.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between inventory auditor and internal audit manager 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.

Internal audit manager example responsibilities.

Manage financial reconciliation, bill pay, and budgeting using Quickbooks.
Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
Define metrics to determine ROI of programs.
Assist external CPA firm with annual financial statement audits.
Provide oversight and monitoring of provision accounts, fee waivers, and reps and warranties.
Provide oversight and expertise for internal investigators.

Inventory auditor vs internal audit manager skills

Common inventory auditor skills

Customer Service, 22%
Basic Math, 20%
Sales Floor, 7%
Inventory Audits, 7%
Computer Data, 6%
Organizational Effectiveness, 6%

Common internal audit manager skills

Internal Controls, 11%
Risk Management, 8%
Audit Reports, 8%
SOX, 5%
Audit Procedures, 4%
Ethics, 4%

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Inventory Auditor
Inventory Auditor vs Internal Audit Manager

Updated January 8, 2025

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