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Lead auditor vs revenue auditor

The differences between lead auditors and revenue auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a lead auditor has an average salary of $85,352, which is higher than the $41,905 average annual salary of a revenue auditor.

The top three skills for a lead auditor include ISO, medicare and management system. The most important skills for a revenue auditor are revenue audit, CPT, and audit procedures.

Lead auditor vs revenue auditor overview

Lead AuditorRevenue Auditor
Yearly salary$85,352$41,905
Hourly rate$41.03$20.15
Growth rate6%6%
Number of jobs20,50421,643
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 53%
Average age4444
Years of experience--

What does a lead auditor do?

Lead auditors are professionals who are responsible for providing leadership and coordinating work schedules to a team of audit experts within an organization. These lead auditors are required to prepare audit plans and conduct team meetings before conducting internal or external audits at the end of the quarter or year. They must conduct audits to provide reviews to the management about the effectiveness of the overall quality system. Lead auditors must also develop action plans to improve the financial reporting systems of the organization.

What does a revenue auditor do?

A revenue auditor reads through the organization's finances and records revenue derived from the sale of goods and services. They then create reports indicating all their calculations and recommendations to ensure the organization runs effectively and makes a profit. Their duties and responsibilities include preparing a detailed report on the organization's finances and offering recommendations. Auditors also report cases of fraud or misuse of funds.

Lead auditor vs revenue auditor salary

Lead auditors and revenue auditors have different pay scales, as shown below.

Lead AuditorRevenue Auditor
Average salary$85,352$41,905
Salary rangeBetween $62,000 And $115,000Between $26,000 And $66,000
Highest paying CityNew York, NYOlympia, WA
Highest paying stateNew YorkWashington
Best paying companyMetaHuntington Hospital
Best paying industryProfessionalRetail

Differences between lead auditor and revenue auditor education

There are a few differences between a lead auditor and a revenue auditor in terms of educational background:

Lead AuditorRevenue Auditor
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 53%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Lead auditor vs revenue auditor demographics

Here are the differences between lead auditors' and revenue auditors' demographics:

Lead AuditorRevenue Auditor
Average age4444
Gender ratioMale, 57.9% Female, 42.1%Male, 39.4% Female, 60.6%
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, 10.8% Asian, 12.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between lead auditor and revenue auditor duties and responsibilities

Lead auditor example responsibilities.

  • Manage the SOX business process implementation, execution and improvement initiatives.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Enhance Sarbanes-Oxley (SOX) audit templates to provide standardization and structure that reflect current best practices while maximizing productivity.
  • Work the RMEI/RMAU reports regularly for various Medicare account types.
  • Develop exact specifications to determine why claims are not paid in accordance with specific DME Medicare guidelines.
  • Conduct surveillance and assessment of manufacturing firms, industries and companies to ensure that these systems comply with ISO standards.
  • Show more

Revenue auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Respond both written and oral to taxpayer's appeals regardingadjustments and assessments to their income tax returns and/or estimate tax accounts.
  • Work with revenue integrity, case management, and coding to ensure proper billing and appeals.
  • Perform audits on hospitals participating in Medicaid program to ensure the hospitals are reimburse properly for services render to Medicaid beneficiaries.
  • Develop user documentation, including SAAS reference manuals and training material.

Lead auditor vs revenue auditor skills

Common lead auditor skills
  • ISO, 16%
  • Medicare, 10%
  • Management System, 6%
  • Audit Reports, 5%
  • Corrective Action, 5%
  • Internal Controls, 4%
Common revenue auditor skills
  • Revenue Audit, 19%
  • CPT, 7%
  • Audit Procedures, 5%
  • Data Entry, 5%
  • Appeals, 4%
  • Financial Statements, 4%

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