Internal Audit Director Salary

Internal Audit Directors in the United States see excellent average salaries — about $118K annually. Total cash compensation for Internal Audit Directors runs from $79K to $181K depending on bonuses that can occasionally exceed $33K and profit sharing that can reach almost $29K. Residence is the biggest factor affecting pay for this group, followed by years of experience. Medical benefits are awarded to nearly all, and most earn dental coverage. Work is enjoyable for Internal Audit Directors, who typically claim high levels of job satisfaction. Men make up the majority of Internal Audit Directors (63 percent) survey respondents.

$76,640 - $155,235
(Median)
$77K
$120K
$160K
MEDIAN: $117,908
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$76,640 - $155,235  
   
Bonus
$2,349 - $33,055  
Profit Sharing
$1,953 - $29,087  
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).
)
$79,215 - $181,492  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 562
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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.

Common Career Paths for Internal Audit Director


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Many Internal Audit Directors move into Internal Audit VP roles, in which average pay is a slightly higher $148K per year.

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Popular Skills for Internal Audit Director


Professional skills reported by Internal Audit Directors are few in number. Those familiar with Sarbanes-Oxley Compliance Audit, Risk Management / Risk Control and Internal Audit will likely experience a boost in pay, earning between 4 percent to 15 percent above the national average. Those educated in Internal Audit tend to be well versed in Sarbanes-Oxley (SOX) Compliance Audit.

Pay Difference by Location


For Internal Audit Directors, San Francisco provides a pay rate that is 33 percent greater than the national average. Internal Audit Directors can also look forward to large paychecks in cities like Boston (+23 percent), Chicago (+18 percent), Los Angeles (+16 percent), and Portland (+11 percent). Place of residence plays a huge part in an Internal Audit Director's salary, with Omaha Internal Audit Directors earning salaries that are 23 percent less than the national average. Employers also pay below the national average in Cleveland (15 percent lower) and Austin (3 percent lower).

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Experience Affects Internal Audit Director Salaries



National Average
$127,000


Skills That Affect Internal Audit Director Salaries



Internal Audit
up arrow 4%

National Average
$127,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 99 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

1-4 years
1%
5-9 years
13%
10-19 years
49%
20 years or more
37%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 75% employee benefits None: 4%
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