Internal Audit Director Salary

Internal Audit Directors in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $117K) surpassing six figures annually. Total cash earnings of Internal Audit Directors range from $79K on the low end to $182K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $33K and $24K, respectively. Residence and experience level each impact pay for this group, with the former having the largest influence. Internal Audit Directors who participated in the survey are largely men, dominating at 65 percent. Medical benefits are awarded to almost all, and a large number earn dental coverage. The majority of Internal Audit Directors claim high levels of job satisfaction.

$76,536 - $155,513

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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$70K$140K$210K
Salary
$76,536 - $155,513  
   
Bonus
$2,436 - $32,743  
Profit Sharing
$1,021 - $24,468  
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).
)
$79,064 - $181,713  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 577
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Job Description for Internal Audit Director

The internal audit director works with internal company resources and employees to evaluate and optimize financial functions. This includes creating reports on risks across various departments, conducting internal audits, coordinating between departments, and establishing quality assurance standards; all of these tasks must be performed efficiently without impairing operations and documented in reports that may be used to address potential problems. They work directly with employees throughout the company and communicating findings to management, and they may coordinate with subordinates within their department. To optimally perform the duties of this position, the internal audit director must keep up with the latest trends and developments within their industry and profession. Internal audit directors typically work in an office environment during regular business hours, although overtime may be required depending on deadlines and the needs of the business.

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Internal Audit Director Tasks

  • Enforce compliance with company policies for risk assessment and financial controls.
  • Conduct reviews to identify financial and business risks, and implement appropriate controls.
  • Develop strategies and procedures for carrying out internal audits.
  • Oversee external audits, organizing paperwork and making sure audits are finished on schedule.

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Popular Skills for Internal Audit Director


Internal Audit Directors usually report a few specific skills. Sarbanes-Oxley Compliance Audit and Risk Management / Risk Control are considered valuable skills and can increase employee pay by 13 percent and 8 percent, respectively. It is often found that people who know Internal Audit are also skilled in Sarbanes-Oxley (SOX) Compliance Audit.

Pay Difference by Location


With a pay rate for Internal Audit Directors that is 45 percent greater than the national average, Philadelphia offers a comfortable salary for those in this profession. Internal Audit Directors will also find cushy salaries in San Francisco (+35 percent), Boston (+27 percent), Chicago (+18 percent), and Los Angeles (+17 percent). Trailing the national average by 14 percent, Omaha is the market with the smallest paychecks. Employers in Cleveland and Austin also lean toward paying below-median salaries (14 percent lower and 3 percent lower, respectively).

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Experience Affects Internal Audit Director Salaries



National Average
$126,000


Skills That Affect Internal Audit Director Salaries



Internal Audit
up arrow 3%

National Average
$126,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 96 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

1-4 years
1%
5-9 years
13%
10-19 years
50%
20 years or more
36%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 87%
vision benefits Vision: 73% employee benefits None: 4%
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