Information Technology (IT) Auditor Salary
Pay for Information Technology Auditors in the United States sits in the ballpark of $64K per year. Total incomes of Information Technology Auditors incorporate potential for, in a few cases, more than $10K from bonuses and close to $7K from profit sharing; these performance components cause packages to range between $50K and $98K. While the particular city and the individual firm impact pay for this group, experience level is the most influential factor. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The majority of Information Technology Auditors (66 percent) survey respondents are male. Job satisfaction for Information Technology Auditors is high. Respondents to the PayScale salary survey provided the data for this report.
Job Description for Information Technology (IT) Auditor
An information technology (IT) auditor performs in-depth analysis to monitor the performance of specific technological functions designated by management.Read More...
To perform the audit, they must apply sound methodology to gather evidential data. After gathering data that is pertinent to the function or area, the auditor then analyzes the data to form an objective opinion pertaining to the effectiveness, efficiency, and adequacy of the internal controls of the activity being reviewed. Upon forming their data-based opinion, the information technology auditor then creates a report to present to management and conclude the auditing project. The reports are often both verbal and written, and they must be concise, complete, and containing the information that is necessary to support the auditor's conclusion. The auditor then works with management to ensure that the functions - and any recommendations - comply with company procedure.
Due to the technical and financial nature of the position, most information technology auditors hold a bachelor's degree in information systems management, computer science, accounting, finance, or a related field. They encounter a wide variety of problems and are often required to work independently and under minimal review. Strong oral and written communication skills are important, as is the ability to use standard office software. Many of these positions require substantial travel, as the auditor must often travel to specific sites to gather the appropriate data.
Information Technology (IT) Auditor Tasks
- Plan, execute, and lead audits across the organization to evaluate risks and risk management.
- Document findings and recommendations, as well as current processes and procedures.
- Work with departments to increase compliance, manage risk, and improve overall effectiveness.
Common Career Paths for Information Technology (IT) Auditor
Information Technology Auditors sometimes assume positions such as Information Systems Audit Managers. That role pays $104K per year on average. Typical career progression for an Information Technology Auditor involves becoming a Senior Information Technology Auditor or an Information Security Analyst, roles that pay $20K more and $4K more on average.
Information Technology (IT) Auditor Job Listings
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Popular Employer Salaries for Information Technology (IT) Auditor
Although Deloitte & Touche LLP heads up the field in terms of compensation, offering the highest median salary at $76K, pay at this particular employer still varies considerably, running the full spectrum from $50K to $97K.
Popular Skills for Information Technology (IT) Auditor
Survey results imply that Information Technology Auditors deploy a substantial tool kit of skills at work. Most notably, skills in UNIX, Security Maintenance, Windows NT / 2000 / XP Networking, and Internal Audit are correlated to pay that is above average, with boosts between 12 percent and 16 percent. At the other end of the pay range are skills like Security Policies and Procedures, Microsoft Office, and Windows Operating System General Use. Most people who know Sarbanes-Oxley also know Security Testing and Auditing. Most people skilled in IT Risk are similarly competent in IT Security & Infrastructure and Security Testing and Auditing.
Pay by Experience Level for Information Technology (IT) Auditor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience is an important factor influencing the compensation of Information Technology Auditors. Although individuals who have less than five years' experience earn $61K on average, people with five to 10 years benefit from a notably larger average of $79K. On average, Information Technology Auditors make $91K following one to two decades on the job. Professionals boasting more than two decades of experience also boast a six-figure median salary of $117K.
Pay Difference by Location
For Information Technology Auditors, busy New York offers a higher-than-average pay rate, 42 percent above the national average. Information Technology Auditors will also find cushy salaries in San Jose (+31 percent), Seattle (+23 percent), Dallas (+16 percent), and Washington (+15 percent). With compensation 17 percent below the national average, Philadelphia is not known for hefty paychecks and actually represents the lowest-paying market.
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Key Stats for Information Technology (IT) Auditor
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