What does a Junior Auditor do? – Tasks and Work Environment
A Junior Auditor works on reviewing, analyzing, and reporting on companies' financial information. The profession often involves assisting more experienced auditors with audits, participating in closing work, and ensuring compliance with laws and regulations in accounting and taxation. The work is usually performed in teams at audit firms or within larger companies and requires precision and analytical skills. The environment is often office-based, with periods of high workload, especially during financial year-end and tax declaration periods.
Salary development over time
The salary for a Junior Auditor has shown stable and positive growth in recent years. In 2022, the average salary was 41,200 SEK per month, which increased to 43 000 SEK in 2023. The reported average salary for 2024 is 44 300 SEK, representing an increase of approximately 7.5% over three years. This development reflects continued demand for qualified accountants and auditors, with competition for talent and increased requirements for financial transparency contributing to salary increases. The trend indicates that the role is highly valued, especially as digitalization and new regulations impose higher standards on the profession.
Junior Auditor Salary – Complete Overview
- Average salary: 44 300 SEK/month
- Lowest salary: 33,200 SEK/month (men), 35,200 SEK/month (women)
- Highest salary: 48,500 SEK/month (men), 45,000 SEK/month (women)
- Hourly wage (average): 266 SEK
- Gender differences: Women earn 97% of what men do (men: 45 400 SEK, women: 44 000 SEK)
- Regional differences: Salary levels may vary depending on the region, but larger cities and growth areas tend to offer slightly higher salaries.
Education and Qualifications
To work as a Junior Auditor, a post-secondary degree in economics is usually required, preferably with a focus on accounting or auditing. Many employers value relevant internships or trainee experience, and there are opportunities to supplement with certifications or further education in the field. Employers also appreciate analytical ability, accuracy, and an interest in regulations and business ethics.
- Economics degree: Bachelor's degree, typically 3 years
- Specialization in accounting/auditing: Recommended
- Internship/trainee: Often advantageous and sometimes mandatory
- Further education/certification: Examples include FAR's training programs
- Prerequisites: Basic eligibility and mathematical skills
Many Junior Auditors quickly take responsibility for their own projects and client contacts, providing good opportunities to build networks and develop business understanding early in their careers. Curious and proactive individuals often get to work on diverse assignments and industries.
Common Benefits and Compensation
Junior Auditors are often offered competitive benefits beyond base salary, such as wellness allowances, occupational pensions, flexible working hours, and remote work options. It is also common to receive training grants, subsidized lunches, and insurance coverage. Bonuses may be awarded for exceptional performance or large audit assignments.
Competition and Challenges
The market for Junior Auditors is characterized by moderate competition, with employers often seeking candidates with both academic qualifications and practical experience. Challenges in the profession include staying updated with changing regulations and digital accounting systems. Periods of heavy workload, especially during financial year-end, require good stress management and multitasking skills. At the same time, the profession offers a steep learning curve and opportunities to advance quickly for those demonstrating engagement and accuracy.
Tips for Aspiring Junior Auditors
To succeed as a Junior Auditor, it is beneficial to combine analytical skills with a strong sense of structure and attention to detail. Being communicative and clear facilitates collaboration with colleagues and clients. It is also important to show initiative and take responsibility for tasks. Accuracy and integrity are crucial for handling sensitive information and complying with regulations. A commitment to continuous learning and development within the field is also valuable, especially as the industry undergoes rapid changes. Networking and building relationships within the profession can open new career opportunities. Flexibility and resilience are also desirable traits, as workload can vary throughout the year.
Key facts about Junior Auditor
- Education level: Post-secondary degree in economics (3+ years)
- Work environment: Office-based, often in teams with client contact
- Typical employment: Full-time, often permanent
- Demand: Moderate, approximately 758 job openings nationally within the profession
- Special skills: Accounting, auditing, regulations, and business ethics
Career paths and future prospects
After 3–5 years in the profession, many Junior Auditors have good opportunities to advance to roles such as Auditor, Accounting Consultant, or Authorized Auditor. Many also choose to specialize in areas like tax consulting, corporate analysis, or internal auditing. According to the Swedish Public Employment Service's forecast for the accounting profession, demand is expected to remain unchanged over the next five years, with a balanced labor market and moderate opportunities for employment. Digitalization and increased transparency requirements make IT and regulatory expertise increasingly important, which can positively influence future career paths for those continuing their education in these areas.
Frequently Asked Questions about Junior Auditor
- What is the average salary of a Junior Auditor?
- A Junior Auditor has an average monthly salary of 44 300 SEK.
- What do gender differences look like in salaries?
- Women earn 97% of what men do in the profession, with an average salary of 44 000 SEK compared to men's 45 400 SEK.
- What education is required to become a Junior Auditor?
- A post-secondary degree in economics, preferably with a focus on accounting or auditing, is the most common pathway.
- What is the job market like for Junior Auditors?
- Opportunities for employment are moderate nationally, with approximately 758 job openings within the profession.
- What are the highest and lowest salaries for a Junior Auditor?
- The highest salary is 48,500 SEK (men) and 45,000 SEK (women), while the lowest is 33,200 SEK (men) and 35,200 SEK (women).
- What benefits are common in the profession?
- Benefits such as wellness allowances, occupational pension, flexible working hours, and training opportunities are common.
- What are the career paths after a few years?
- After a few years, one can advance to roles such as Auditor, Accounting Consultant, or Authorized Auditor.
