Post job

Senior auditor vs inventory auditor

The differences between senior auditors and inventory auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior auditor has an average salary of $74,382, which is higher than the $33,666 average annual salary of an inventory auditor.

The top three skills for a senior auditor include CPA, internal audit and audit reports. The most important skills for an inventory auditor are customer service, basic math, and sales floor.

Senior auditor vs inventory auditor overview

Senior AuditorInventory Auditor
Yearly salary$74,382$33,666
Hourly rate$35.76$16.19
Growth rate6%6%
Number of jobs23,02537,887
Job satisfaction5-
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 38%
Average age4444
Years of experience--

What does a senior auditor do?

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.

What does an inventory auditor do?

Inventory auditors are responsible for creating and monitoring inventory reports as well as recording various products and stocks. Often, Inventory Auditor works full-time hours inside a warehouse and delivery company, business establishment, Malls, and other management company. The job also includes traveling to different locations and work with multiple industries. Counts the item stock's quantity and compares the inventory record to physical inventory to ensure that the number matches with the supply amount and there is no missing product.

Senior auditor vs inventory auditor salary

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

Senior AuditorInventory Auditor
Average salary$74,382$33,666
Salary rangeBetween $54,000 And $101,000Between $26,000 And $42,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew YorkAlaska
Best paying companyMicrosoftBD
Best paying industryTechnologyTechnology

Differences between senior auditor and inventory auditor education

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

Senior AuditorInventory Auditor
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 38%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior auditor vs inventory auditor demographics

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

Senior AuditorInventory Auditor
Average age4444
Gender ratioMale, 62.7% Female, 37.3%Male, 53.3% Female, 46.7%
Race ratioBlack 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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior auditor and inventory auditor duties and responsibilities

Senior auditor example responsibilities.

  • Conduct routine retrospective and prospective audits for ICD-10 CM/PCS, CPT and HCPCS for outpatient/inpatient facility and manage auditors.
  • Lead internal control reviews for an internationally own agriculture manufacturing company focuse on the inventory and payroll areas.
  • Create technology specific audit programs for SOX and operational audits ensuring that risks are clearly define and adequately test.
  • Enforce regulatory requirements and uphold Sarbanes-Oxley financial disclosure procedures to ensure accurate representation of internal and on-site audit assignments.
  • Guide clients with the compliance of the accounting standards (IFRS).
  • Prepare, and conduct all GxP (GMP, GLP, and GCP) in house and CMO training.
  • Show more

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.
  • Show more

Senior auditor vs inventory auditor skills

Common senior auditor skills
  • CPA, 13%
  • Internal Audit, 7%
  • Audit Reports, 6%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%
Common inventory auditor skills
  • Customer Service, 22%
  • Basic Math, 20%
  • Sales Floor, 7%
  • Inventory Audits, 7%
  • Computer Data, 6%
  • Organizational Effectiveness, 6%

Browse business and financial jobs