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The differences between senior auditors and internal audit managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, an internal audit manager has an average salary of $106,222, which is higher than the $74,382 average annual salary of a senior auditor.
The top three skills for a senior auditor include CPA, internal audit and audit reports. The most important skills for an internal audit manager are internal controls, risk management, and audit reports.
| Senior Auditor | Internal Audit Manager | |
| Yearly salary | $74,382 | $106,222 |
| Hourly rate | $35.76 | $51.07 |
| Growth rate | 6% | 6% |
| Number of jobs | 23,025 | 28,405 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 75% |
| Average age | 44 | 44 |
| Years of experience | - | - |
Senior auditors have a vital role to play in the financial auditing process. They hold more responsibilities compared to staff auditors and report to an auditing manager directly. They have varied duties and responsibilities, including assigning tasks to staff auditors, overseeing compliant and precise auditing processes, and performing control and risk assessments. Senior auditors also are responsible for presenting audit findings, coordinating periodical audits, and submitting reports to the manager. If you are looking to apply for this role, you need to have a bachelor's degree in accounting or finance, strong analytical and mathematical skills, and proficiency in MS Office.
An Internal Audit Manager monitors and evaluates how well risks are being managed. They develop recommendations and reports based on audits and present solutions to senior management.
Senior auditors and internal audit managers have different pay scales, as shown below.
| Senior Auditor | Internal Audit Manager | |
| Average salary | $74,382 | $106,222 |
| Salary range | Between $54,000 And $101,000 | Between $74,000 And $151,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Microsoft | Citi |
| Best paying industry | Technology | Finance |
There are a few differences between a senior auditor and an internal audit manager in terms of educational background:
| Senior Auditor | Internal Audit Manager | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior auditors' and internal audit managers' demographics:
| Senior Auditor | Internal Audit Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 62.7% Female, 37.3% | Male, 70.1% Female, 29.9% |
| Race ratio | Black or African American, 8.3% Unknown, 3.9% Hispanic or Latino, 10.6% Asian, 14.2% White, 62.4% American Indian and Alaska Native, 0.5% | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.9% White, 63.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |