Senior assurance vs lead auditor

The differences between senior assurances and lead 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 $76,769 average annual salary of a senior assurance.

The top three skills for a senior assurance include risk assessments, account balances and audit reports. The most important skills for a lead auditor are ISO, medicare, and management system.

Senior assurance vs lead auditor overview

	Senior Assurance	Lead Auditor
Yearly salary	$76,769	$85,352
Hourly rate	$36.91	$41.03
Growth rate	6%	6%
Number of jobs	38,612	20,504
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 58%
Average age	44	44
Years of experience	-	-

Senior assurance vs lead auditor salary

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

	Senior Assurance	Lead Auditor
Average salary	$76,769	$85,352
Salary range	Between $56,000 And $104,000	Between $62,000 And $115,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	New Jersey	New York
Best paying company	Mitchell & Associates	Meta
Best paying industry	Professional	Professional

Differences between senior assurance and lead auditor education

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

	Senior Assurance	Lead Auditor
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 58%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Senior assurance vs lead auditor demographics

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

	Senior Assurance	Lead Auditor
Average age	44	44
Gender ratio	Male, 64.6% Female, 35.4%	Male, 57.9% Female, 42.1%
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 lead 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.

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.

Senior assurance vs lead 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 lead auditor skills

ISO, 16%
Medicare, 10%
Management System, 6%
Audit Reports, 5%
Corrective Action, 5%
Internal Controls, 4%