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Staff internal auditor vs tax analyst

The differences between staff internal auditors and tax analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax analyst has an average salary of $61,745, which is higher than the $57,430 average annual salary of a staff internal auditor.

The top three skills for a staff internal auditor include SOX, audit findings and sarbanes-oxley. The most important skills for a tax analyst are tax audits, reconciliations, and tax compliance.

Staff internal auditor vs tax analyst overview

Staff Internal AuditorTax Analyst
Yearly salary$57,430$61,745
Hourly rate$27.61$29.69
Growth rate6%-7%
Number of jobs92,25956,223
Job satisfaction--
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 70%
Average age4448
Years of experience-2

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 a tax analyst do?

A tax analyst specializes in managing and filing tax forms and tax returns, all while devising strategies to reduce tax payments legally. A tax analyst may work as a member of a company or independently. Moreover, in a company setting, the responsibilities of a tax analyst revolve around coordinating with different departments to obtain all necessary documentation and financial information, maintaining accurate and extensive records of all transactions, and resolving any issues or concerns. Furthermore, it is essential to remain updated with all the tax laws, all while adhering to the policies and regulations of the company.

Staff internal auditor vs tax analyst salary

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

Staff Internal AuditorTax Analyst
Average salary$57,430$61,745
Salary rangeBetween $39,000 And $83,000Between $43,000 And $87,000
Highest paying CityAtlantic City, NJSan Francisco, CA
Highest paying stateNew JerseyMaine
Best paying companyORIX USAMeta
Best paying industryInsuranceTechnology

Differences between staff internal auditor and tax analyst education

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

Staff Internal AuditorTax Analyst
Most common degreeBachelor's Degree, 82%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Staff internal auditor vs tax analyst demographics

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

Staff Internal AuditorTax Analyst
Average age4448
Gender ratioMale, 57.8% Female, 42.2%Male, 42.9% Female, 57.1%
Race ratioBlack 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, 13.1% Unknown, 3.4% Hispanic or Latino, 15.6% Asian, 11.1% White, 56.6% American Indian and Alaska Native, 0.3%
LGBT Percentage7%8%

Differences between staff internal auditor and tax analyst 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.
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Tax analyst example responsibilities.

  • Utilize QuickBooks to manage client data and prepare necessary financial statements.
  • Own the preparation of the consolidated/worldwide provision calculations and AJE, including account reconciliations.
  • Prepare ASC 740 tax accounting calculations.
  • Input apportionment factors into OneSource tax system.
  • Correspond with taxpayers, accountants, and CPAs.
  • Assist in federal and state return preparation using OneSource software.
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Staff internal auditor vs tax analyst skills

Common staff internal auditor skills
  • SOX, 8%
  • Audit Findings, 8%
  • Sarbanes-Oxley, 5%
  • Acls, 5%
  • Compliance Audits, 5%
  • Risk Management, 5%
Common tax analyst skills
  • Tax Audits, 6%
  • Reconciliations, 4%
  • Tax Compliance, 4%
  • Tax Payments, 4%
  • Tax Software, 4%
  • Income Tax Returns, 4%

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