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The differences between reports analysis managers and audit managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a reports analysis manager and an audit manager. Additionally, an audit manager has an average salary of $121,419, which is higher than the $96,576 average annual salary of a reports analysis manager.
The top three skills for a reports analysis manager include data analysis, financial analysis and data management. The most important skills for an audit manager are CPA, internal audit, and audit reports.
| Reports Analysis Manager | Audit Manager | |
| Yearly salary | $96,576 | $121,419 |
| Hourly rate | $46.43 | $58.37 |
| Growth rate | 17% | 17% |
| Number of jobs | 64,213 | 70,168 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A reports analysis manager oversees the design and delivery of reports then analyzes the reports to evaluate business functions and key operations and performance metrics. They also recruit, train, develop and supervise analyst-level employees. They also ensure the accuracy of data and deliverables of reporting employees with comprehensive policies and processes. Examining and analyzing reports for stakeholders and leadership is also important in this role.
An audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.
Reports analysis managers and audit managers have different pay scales, as shown below.
| Reports Analysis Manager | Audit Manager | |
| Average salary | $96,576 | $121,419 |
| Salary range | Between $73,000 And $127,000 | Between $82,000 And $178,000 |
| Highest paying City | Manchester, NH | Portland, ME |
| Highest paying state | Montana | Maine |
| Best paying company | Rackspace | Meta |
| Best paying industry | Energy | Manufacturing |
There are a few differences between a reports analysis manager and an audit manager in terms of educational background:
| Reports Analysis Manager | Audit Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between reports analysis managers' and audit managers' demographics:
| Reports Analysis Manager | Audit Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 64.8% Female, 35.2% | Male, 66.0% Female, 34.0% |
| Race ratio | Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.8% American Indian and Alaska Native, 0.3% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |