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Revenue auditor vs merchandise planner

The differences between revenue auditors and merchandise planners can be seen in a few details. Each job has different responsibilities and duties. Additionally, a merchandise planner has an average salary of $69,460, which is higher than the $41,905 average annual salary of a revenue auditor.

The top three skills for a revenue auditor include revenue audit, CPT and audit procedures. The most important skills for a merchandise planner are gross margin, strong analytical, and math.

Revenue auditor vs merchandise planner overview

Revenue AuditorMerchandise Planner
Yearly salary$41,905$69,460
Hourly rate$20.15$33.39
Growth rate6%19%
Number of jobs21,64332,301
Job satisfaction--
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 82%
Average age4444
Years of experience-4

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.

What does a merchandise planner do?

A merchandise planner is responsible for monitoring the adequacy of stock inventories and requesting purchase orders by researching current market trends to meet customer demands. Merchandise planners assist with marketing campaigns and promotional offers of the business, selling goods and services to the customers based on their needs and budget requirements. They also write sales reports, inspect the validity of merchandise, and maintain an attractive visual display of items. A merchandise planner resolves and escalates customer complaints timely, processes replacements, and issues refunds as needed.

Revenue auditor vs merchandise planner salary

Revenue auditors and merchandise planners have different pay scales, as shown below.

Revenue AuditorMerchandise Planner
Average salary$41,905$69,460
Salary rangeBetween $26,000 And $66,000Between $46,000 And $102,000
Highest paying CityOlympia, WASan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companyHuntington HospitalPandora
Best paying industryRetailRetail

Differences between revenue auditor and merchandise planner education

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

Revenue AuditorMerchandise Planner
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 82%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Revenue auditor vs merchandise planner demographics

Here are the differences between revenue auditors' and merchandise planners' demographics:

Revenue AuditorMerchandise Planner
Average age4444
Gender ratioMale, 39.4% Female, 60.6%Male, 37.1% Female, 62.9%
Race ratioBlack 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%Black or African American, 8.6% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.1% White, 64.5% American Indian and Alaska Native, 0.3%
LGBT Percentage7%9%

Differences between revenue auditor and merchandise planner duties and responsibilities

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.

Merchandise planner example responsibilities.

  • Monitor and analyze planned assortments by door in order to achieve plan turn goals and ROI.
  • Manage purchase order logs to ensure plan receipts and IMU requirements are maintained in the department.
  • Complete training on the JDA planning and forecasting system to effectively manage the financial aspects of each department.
  • Implement and manage the E3 auto-replenishment system to optimize inventory levels of width-size shoes, core shoes and shoe accessories.
  • Manage product flow in apparel category; determining order quantities and generating purchase orders for new and replenishment orders.
  • Manage and maintain the OTB for specific departments by preparing forecasts, evaluating performance, and maximizing profitability while minimizing liabilities.
  • Show more

Revenue auditor vs merchandise planner skills

Common revenue auditor skills
  • Revenue Audit, 19%
  • CPT, 7%
  • Audit Procedures, 5%
  • Data Entry, 5%
  • Appeals, 4%
  • Financial Statements, 4%
Common merchandise planner skills
  • Gross Margin, 8%
  • Strong Analytical, 7%
  • Math, 7%
  • Historical Data, 7%
  • Open-To-Buy, 6%
  • Apparel, 6%

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