Staff internal auditor vs inventory auditor

The differences between staff internal auditors and inventory auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a staff internal auditor has an average salary of $57,430, which is higher than the $33,666 average annual salary of an inventory auditor.

The top three skills for a staff internal auditor include SOX, audit findings and sarbanes-oxley. The most important skills for an inventory auditor are customer service, basic math, and sales floor.

Staff internal auditor vs inventory auditor overview

	Staff Internal Auditor	Inventory Auditor
Yearly salary	$57,430	$33,666
Hourly rate	$27.61	$16.19
Growth rate	6%	6%
Number of jobs	92,259	37,887
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 82%	Bachelor's Degree, 38%
Average age	44	44
Years of experience	-	-

What does a staff internal auditor do?

An internal staff auditor is an individual who conducts internal audits of an organization, including reviewing internal controls, verifying account balances, and examining procedures for efficiency. Staff internal auditors should support senior auditors to present recommendations for regulatory compliance and operating efficiency. They must assist with the Sarbanes-Oxley (SOX) compliance program that involves documenting, testing, and evaluating internal controls. Staff internal auditors must also supervise and train internal audit interns as well as review their SOX audit work papers for completeness and accuracy.

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.

Staff internal auditor vs inventory auditor salary

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

	Staff Internal Auditor	Inventory Auditor
Average salary	$57,430	$33,666
Salary range	Between $39,000 And $83,000	Between $26,000 And $42,000
Highest paying City	Atlantic City, NJ	New York, NY
Highest paying state	New Jersey	Alaska
Best paying company	ORIX USA	BD
Best paying industry	Insurance	Technology

Differences between staff internal auditor and inventory auditor education

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

	Staff Internal Auditor	Inventory Auditor
Most common degree	Bachelor's Degree, 82%	Bachelor's Degree, 38%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Staff internal auditor vs inventory auditor demographics

Here are the differences between staff internal auditors' and inventory auditors' demographics:

	Staff Internal Auditor	Inventory Auditor
Average age	44	44
Gender ratio	Male, 57.8% Female, 42.2%	Male, 53.3% Female, 46.7%
Race ratio	Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 13.1% White, 62.6% 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 staff internal auditor and inventory auditor duties and responsibilities

Staff internal auditor example responsibilities.

Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
Perform annual SOX testing of business unit controls, global share service controls, and process controls to assist external auditors.
Evaluate and communicate findings from the investigations or financial and Sarbanes-Oxley compliance audits to management through formal audit reports.
Review and test the adequacy and effectiveness of establish management and SOX controls.
Assist in documentation of Sarbanes-Oxley controls and establishment of audit test plans for a business unit after acquisition.
Evaluate and identify medication problems to formulate clinical solutions and provide care for patients in a medical intensive care unit setting.

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.

Staff internal auditor vs inventory auditor skills

Common staff internal auditor skills

SOX, 8%
Audit Findings, 8%
Sarbanes-Oxley, 5%
Acls, 5%
Compliance Audits, 5%
Risk Management, 5%

Common inventory auditor skills

Customer Service, 22%
Basic Math, 20%
Sales Floor, 7%
Inventory Audits, 7%
Computer Data, 6%
Organizational Effectiveness, 6%

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Staff Internal Auditor
Staff Internal Auditor vs Inventory Auditor

Updated January 8, 2025

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