Senior assurance vs inventory auditor

The differences between senior assurances and inventory auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior assurance has an average salary of $76,769, which is higher than the $33,666 average annual salary of an inventory auditor.

The top three skills for a senior assurance include risk assessments, account balances and audit reports. The most important skills for an inventory auditor are customer service, basic math, and sales floor.

Senior assurance vs inventory auditor overview

	Senior Assurance	Inventory Auditor
Yearly salary	$76,769	$33,666
Hourly rate	$36.91	$16.19
Growth rate	6%	6%
Number of jobs	38,612	37,887
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 38%
Average age	44	44
Years of experience	-	-

Senior assurance vs inventory auditor salary

Senior assurances and inventory auditors have different pay scales, as shown below.

	Senior Assurance	Inventory Auditor
Average salary	$76,769	$33,666
Salary range	Between $56,000 And $104,000	Between $26,000 And $42,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	New Jersey	Alaska
Best paying company	Mitchell & Associates	BD
Best paying industry	Professional	Technology

Differences between senior assurance and inventory auditor education

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

	Senior Assurance	Inventory Auditor
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 38%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Senior assurance vs inventory auditor demographics

Here are the differences between senior assurances' and inventory auditors' demographics:

	Senior Assurance	Inventory Auditor
Average age	44	44
Gender ratio	Male, 64.6% Female, 35.4%	Male, 53.3% Female, 46.7%
Race ratio	Black or African American, 7.7% Unknown, 3.9% Hispanic or Latino, 10.0% Asian, 17.6% White, 60.4% American Indian and Alaska Native, 0.5%	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%
LGBT Percentage	7%	7%

Differences between senior assurance and inventory auditor duties and responsibilities

Senior assurance example responsibilities.

Lead internal control reviews for an internationally own agriculture manufacturing company focuse on the inventory and payroll areas.
Review internal controls and financial reporting to ensure compliance with Sarbanes-Oxley (SOX) requirements.
Test design and operating effectiveness of internal controls for integrate audits under Sarbanes Oxley (SOX).
Test Sarbanes-Oxley compliance, including identification, documentation, and evaluation of the design and operational effectiveness of internal controls.
Prepare financial statements and the accompanying footnote disclosures in accordance with FASB pronouncements.

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.

Senior assurance vs inventory auditor skills

Common senior assurance skills

Risk Assessments, 13%
Account Balances, 12%
Audit Reports, 11%
Internal Audit, 9%
Staff Performance, 8%
Client Management, 8%

Common inventory auditor skills

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