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Senior auditor vs lead auditor

The differences between senior auditors 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 $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 a lead auditor are ISO, medicare, and management system.

Senior auditor vs lead auditor overview

Senior AuditorLead Auditor
Yearly salary$74,382$85,352
Hourly rate$35.76$41.03
Growth rate6%6%
Number of jobs23,02520,504
Job satisfaction5-
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 58%
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 a lead auditor do?

Lead auditors are professionals who are responsible for providing leadership and coordinating work schedules to a team of audit experts within an organization. These lead auditors are required to prepare audit plans and conduct team meetings before conducting internal or external audits at the end of the quarter or year. They must conduct audits to provide reviews to the management about the effectiveness of the overall quality system. Lead auditors must also develop action plans to improve the financial reporting systems of the organization.

Senior auditor vs lead auditor salary

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

Senior AuditorLead Auditor
Average salary$74,382$85,352
Salary rangeBetween $54,000 And $101,000Between $62,000 And $115,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew YorkNew York
Best paying companyMicrosoftMeta
Best paying industryTechnologyProfessional

Differences between senior auditor and lead auditor education

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

Senior AuditorLead Auditor
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 58%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior auditor vs lead auditor demographics

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

Senior AuditorLead Auditor
Average age4444
Gender ratioMale, 62.7% Female, 37.3%Male, 57.9% Female, 42.1%
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 lead 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

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.
  • Show more

Senior auditor vs lead auditor skills

Common senior auditor skills
  • CPA, 13%
  • Internal Audit, 7%
  • Audit Reports, 6%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%
Common lead auditor skills
  • ISO, 16%
  • Medicare, 10%
  • Management System, 6%
  • Audit Reports, 5%
  • Corrective Action, 5%
  • Internal Controls, 4%

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