Information Technology (IT) Auditor Salary
The average Information Technology Auditor in the United States can expect to rake in roughly $65K per year. In the world of Information Technology Auditors, total cash compensation can vary between $51K and $99K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $7K, respectively. The most important factor affecting compensation for this group is career length, followed by the particular city and the specific company. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Most Information Technology Auditors like their work and job satisfaction is high. The data in this summary comes from the PayScale salary survey.
|Salary||$50,275 - $92,328|
|Bonus||$1,178 - $10,011|
|Profit Sharing||$493.16 - $7,101|
|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).)
|$50,504 - $98,621|
|Hourly Rate||$18.50 - $62.29|
|Overtime||$27.00 - $52.50|
|Bonus||$1,178 - $10,011|
|Profit Sharing||$493.16 - $7,101|
|Total Pay (||$50,504 - $98,621|
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. (Copyright 2017 PayScale.com)
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. The most common next step for an Information Technology Auditor is to become a Senior Information Technology Auditor or an Information Security Analyst. The former position pays an additional $18K per year on average, and the latter position pays $3K more per year.
Information Technology (IT) Auditor Job Listings
Popular Employer Salaries for Information Technology (IT) Auditor
Information Technology Auditors flock to KPMG, LLP for generous paychecks, where average earnings of $62K lead the pack in compensation; however, KPMG, LLP also provides employees with a wide spectrum of compensation ranging from $49K at one end to $108K at the other end.
Popular Skills for Information Technology (IT) Auditor
Information Technology Auditors seem to exploit a large range of skills on the job. Most notably, skills in UNIX, Security Maintenance, Windows NT / 2000 / XP Networking, and IT Security & Infrastructure are correlated to pay that is above average, with boosts between 9 percent and 12 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Office, Security Policies and Procedures, and Windows Operating System General Use. The majority of those who know Sarbanes-Oxley also know Security Testing and Auditing. Most people who know IT Risk also know IT Security & Infrastructure and Security Testing and Auditing.
Pay by Experience Level for Information Technology (IT) Auditor
Pay by Experience for an Information Technology (IT) Auditor has a positive trend. An entry-level Information Technology (IT) Auditor with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 366 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Information Technology (IT) Auditor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $78,000 based on 99 salaries. An experienced Information Technology (IT) Auditor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $87,000 based on 57 salaries. An Information Technology (IT) Auditor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $121,000 based on 10 salaries.
Pay Difference by Location
For Information Technology Auditors, working in the bustling city of New York has its advantages, including an above-average pay rate. Information Technology Auditors will also find cushy salaries in San Jose (+27 percent), Dallas (+14 percent), Washington (+10 percent), and San Francisco (+8 percent). Milwaukee is the lowest-paying area, 18 percent south of the national average. Below-median salaries also turn up in Columbus and Philadelphia (18 percent lower).
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