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Staff auditor hiring summary. Here are some key points about hiring staff auditors in the United States:
Here's a step-by-step staff auditor hiring guide:
The duties of a staff auditor depend on their line of work or place of employment. Typically, their responsibilities revolve around conducting financial audits and operational analysis to determine efficiency and compliance to regulations, coordinating with different departments to gather data, reach out to clients through calls or correspondence, and arrange appointments when necessary. A staff auditor may also perform clerical tasks such as produce progress reports, create presentations, respond to inquiries and concerns, and maintain extensive records and data.
Before you start hiring a staff auditor, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
Hiring the perfect staff auditor also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
Here's a comparison of staff auditor salaries for various roles:
| Type of Staff Auditor | Description | Hourly rate |
|---|---|---|
| Staff Auditor | Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time... Show more | $20-33 |
| Corporate Accountant | A corporate accountant is a professional who prepares financial statements and maintains financial records of an organization to ensure that they comply with laws, regulations, and the organization's policies. Corporate accountants are required to analyze financial statements to help executives make financial decisions for the organization... Show more | $22-42 |
| General Accountant | A general accountant is responsible for evaluating account statements, conducting data analysis with financial transactions, and generating reports on revenues, expenses, and sales forecasting. These accountants manage discrepancies on the company and clients' profiles, including bank reconciliations and processing of account receivables and payables... Show more | $19-35 |
Including a salary range in your staff auditor job description is one of the best ways to attract top talent. A staff auditor can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $69,516 | $33 |
| 2 | Alaska | $66,896 | $32 |
| 3 | New York | $63,023 | $30 |
| 4 | New Jersey | $62,703 | $30 |
| 5 | Massachusetts | $59,519 | $29 |
| 6 | Virginia | $58,546 | $28 |
| 7 | Connecticut | $57,424 | $28 |
| 8 | Maryland | $56,430 | $27 |
| 9 | Michigan | $56,003 | $27 |
| 10 | Georgia | $54,883 | $26 |
| 11 | Illinois | $53,460 | $26 |
| 12 | Texas | $53,185 | $26 |
| 13 | Pennsylvania | $52,870 | $25 |
| 14 | North Carolina | $52,675 | $25 |
| 15 | Florida | $52,564 | $25 |
| 16 | California | $52,397 | $25 |
| 17 | Oklahoma | $51,920 | $25 |
| 18 | Colorado | $51,807 | $25 |
| 19 | Minnesota | $51,373 | $25 |
| 20 | Ohio | $50,325 | $24 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Signature Bank | $90,694 | $43.60 | |
| 2 | Amundi | $84,538 | $40.64 | |
| 3 | CME Group | $81,141 | $39.01 | 3 |
| 4 | AIG | $70,736 | $34.01 | 6 |
| 5 | ConocoPhillips | $70,416 | $33.85 | |
| 6 | Halliburton | $68,445 | $32.91 | 1 |
| 7 | Eisner Health | $67,379 | $32.39 | |
| 8 | Tri-State G&T | $65,977 | $31.72 | 3 |
| 9 | Edward Jones | $65,417 | $31.45 | 5 |
| 10 | Tyco Electronics Corporation | $65,005 | $31.25 | |
| 11 | Montefiore Mount Vernon Hospital | $64,920 | $31.21 | 1 |
| 12 | Hospital for Special Surgery | $64,836 | $31.17 | 2 |
| 13 | Crowe | $64,705 | $31.11 | 20 |
| 14 | Verisign | $64,659 | $31.09 | |
| 15 | LIZ CLAIBORNE | $64,554 | $31.04 | |
| 16 | Deloitte | $64,535 | $31.03 | 51 |
| 17 | Whirlpool | $64,208 | $30.87 | |
| 18 | Lowe's Companies | $64,130 | $30.83 | 8 |
| 19 | Holthouse Carlin & Van Trigt LLP | $62,905 | $30.24 | |
| 20 | Andersen | $62,861 | $30.22 |
A staff auditor job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a staff auditor job description:
To find staff auditors for your business, try out a few different recruiting strategies:
Recruiting staff auditors requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the staff auditor position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
Once that's done, you can draft an onboarding schedule for the new staff auditor. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
There are different types of costs for hiring staff auditors. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new staff auditor employee.
Staff auditors earn a median yearly salary is $55,431 a year in the US. However, if you're looking to find staff auditors for hire on a contract or per-project basis, hourly rates typically range between $20 and $33.