Auditor, elected representative

What does a trustee auditor do – tasks and work environment

A trustee auditor primarily works on reviewing and verifying financial processes within organizations, companies, or associations where they have been elected by members or the board. Tasks include examining financial statements, annual reports, and operational reports, as well as ensuring compliance with applicable laws and statutes. They often prepare reports, provide recommendations, and participate in meetings where audit conclusions are presented. The work environment is largely office-based and characterized by independent work, precision, and high integrity, but may also involve collaboration with the board and management.

Salary development over time

The salary development for trustee auditors has been positive in recent years. In 2022, the average salary was 34,750 SEK per month, increasing to 35 700 SEK in 2023 and further to 36,500 SEK in 2024. This increase represents a total salary change of approximately 5% over three years. The trend has been driven by increased demand for qualified reviewers, as well as higher requirements for transparency and compliance in both private and public organizations. The role's demand for deep understanding of both economics and law has also contributed to stable salary growth. Women’s salaries have generally been slightly lower than men’s, but the gap tends to diminish over time.

Trustee auditor salary – complete overview

• Average salary: 39 300 SEK/month
• Lowest salary: 33,500 SEK (female, unspecified education)
• Highest salary: 41,400 SEK (male, private-employed, secondary education)
• Hourly wage: 236 SEK
• Women's average salary: 38 800 SEK
• Regional differences: Salaries may vary depending on the region, but data shows that metropolitan areas often offer slightly higher salaries than smaller towns.

Education and qualifications

The path to becoming a trustee auditor varies but generally requires post-secondary education in economics, law, or administration. Experience from association work, board roles, or financial responsibility is often meritorious. Many elected auditors have also completed courses in auditing, accounting, or association management to strengthen their competence in the role.

• Economic university education: 3–4 years is common, but shorter courses also exist
• Shorter courses and certifications: For example in auditing, association economics, or accounting
• Practical experience: Experience from board roles or treasurer positions is highly valuable
• Prerequisites: Basic knowledge of economics and bookkeeping is recommended
• Tips: Engagement in association work provides good opportunities to acquire relevant experience

Common benefits and compensations

Trustee auditors may be offered fees, travel allowances, and sometimes training support or access to networking events. The scope of benefits varies depending on the organization and the size of the assignment, but flexible working hours and remote work opportunities are common.

Challenges and competition

The competition for trustee auditor roles varies depending on the organization’s size and status. In larger organizations and associations, multiple applicants are common, which demands high competence and experience. A challenge is staying updated on changing regulations and handling complex financial issues with integrity and objectivity. Time management and the ability to work independently are crucial for success, especially when audits are conducted alongside regular employment. For newcomers, lack of practical experience can be a hurdle, but further training and mentorship often facilitate entry.

Tips for aspiring trustee auditors

To succeed as a trustee auditor, it’s good to combine accuracy with analytical skills, as the role requires reviewing financial documents and detecting discrepancies. Being communicative and pedagogical helps when presenting conclusions to the board and members, especially if complex issues need to be explained clearly. A strong ethical approach and integrity are essential, as the role involves responsibility for acting impartially and factually. Building experience through engagement in associations or smaller organizations is recommended to learn the craft practically. Keeping up-to-date on current laws and accounting principles is a good investment for long-term success. Flexibility and good organizational skills are important, as workload can vary throughout the year and many assignments run in parallel with other work. Networking and exchanging experiences with other auditors also provide valuable insights and support in daily work.

Key facts about trustee auditors

• Education level: Post-secondary education in economics or law is most common
• Work environment: Office-based, often with flexible working hours
• Typical work form: Trustee role alongside regular employment
• Demand: 620 available jobs within the profession according to current statistics
• Special skills: Auditing, accounting, association management

Career paths and future prospects

After three to five years as a trustee auditor, there are good opportunities to take on more advanced audits or larger assignments in bigger organizations and companies. Experience from the role also opens doors to positions as authorized auditors, financial managers, or board members. The prognosis from the Employment Service indicates continued stable demand for competent auditors, especially in the non-profit sector and among economic associations. The broad experience in economics, regulations, and organizational management makes many choose to develop further within related professional roles or combine auditing with other consulting assignments. The profession also provides a strong platform for those interested in engaging in socially beneficial activities or working with organizational development.

Common questions about trustee auditors

• What does a trustee auditor earn?
  - The average salary is 39 300 SEK per month, with variations depending on gender, region, and experience.
• What education is required to become a trustee auditor?
  - Post-secondary education in economics or law is recommended, often supplemented with courses in auditing or association management.
• What is the job market like for trustee auditors?
  - Demand is stable with 620 available jobs within the profession, especially in non-profit and economic associations.
• What are the most common job tasks?
  - Reviewing financial statements, annual reports, internal controls, and reporting to members or boards.
• Are there salary differences between men and women?
  - Women earn an average of 38 800 SEK, while complete statistics for men are not available.
• Can I work as a trustee auditor part-time?
  - Yes, many assignments are part-time and can be combined with other work.
• What personal qualities are most important in this profession?
  - Accuracy, integrity, analytical ability, and good communication skills are highly valued.