Audit Specialist Salary

Audit Specialists in the United States can expect to earn an average of $50K annually. There are more female Audit Specialists who answered the questionnaire than male, making up 62 percent. The majority of workers are highly satisfied with their job. Most enjoy medical and dental coverage in this occupation, and more than half get vision benefits. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$35,680 - $88,580

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$11.51 - $22.37

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Salary
$35,680 - $88,580  
   
Bonus
$0.00 - $6,137  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,083 - $83,604  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 103
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$11.51 - $22.37  
   
Overtime
$19.84 - $27.81  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $6,137  
   
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,083 - $83,604  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 58
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Job Description for Audit Specialist

An audit specialist provides internal audit services to a company to ensure that various departments are adhering to company guidelines and legal requirements. The audit specialist must have proficient computer skills, as creating reports is often required. The audit specialist must carry out audits in an objective manner and must be familiar with company operations and products. Often, a software program is used in this process and to detect anomalies.

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Audit Specialist Tasks

  • Assist with month end closing, including reports and explanations of variances.
  • Prepare and review financial statements and accounting entries.
  • Perform basic accounting, such as recording revenues and reconcile and audit daily cash.

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Popular Skills for Audit Specialist


Audit Specialists report using a pretty varied skill set on the job. Fortunate workers who know Internal Audit can expect a significant pay bump, scoring salaries 45 percent above average. Skills that pay less than market rate include Auditing. Those proficient in Microsoft Excel are, more often than not, also skilled in Microsoft Word.

Pay by Experience Level for Audit Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Audit Specialists with a lot of experience tend to enjoy higher earnings. Folks who are navigating the first five years of their careers have a median salary of approximately $41K in this position. Those who have been around for five to 10 years don't get much more, though; the median salary in that group is $49K. Audit Specialists bring in $63K after working for 10 to 20 years. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $97K on average.

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Experience Affects Audit Specialist Salaries

Late-Career
up arrow 120%

Experienced
up arrow 42%


National Average
$44,000


Skills That Affect Audit Specialist Salaries

Internal Audit
up arrow 45%

Microsoft Word
up arrow 2%

Microsoft Excel
up arrow 1%

Microsoft Office
0%

National Average
$44,000

Auditing
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 30 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
9%
1-4 years
40%
5-9 years
27%
10-19 years
19%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 78%
vision benefits Vision: 69% employee benefits None: 16%
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