Internal Auditing Supervisor Salary
Internal Auditing Supervisors in the United States pull down an average of $73K annually. The majority of workers are highly satisfied with their job. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 58 percent. The numbers in this rundown were provided by PayScale's salary survey participants.
Job Description for Internal Auditing Supervisor
An internal auditing supervisor is the person who is responsible for overseeing the internal auditing department within a firm or organization. This position is one that will primarily work in an office, but light travel is sometimes needed for the job. This is a position which requires a bachelor’s degree in an area such as accounting, business, finance, or public administration. Some positions may require a master’s degree or additional training in auditing practices and principles. An internal audit supervisor will generally keep traditional daytime office hours, though the position may require overtime or extended hours during particular times of the year.Read More...
An internal audit supervisor is seen as a leader within their organization. This position can entail a variety of responsibilities and duties, depending on their organization. However, some common responsibilities associated with the position include overseeing all audit planning, overseeing all audit reporting, preparing audit reports, communicating audit findings and recommendations to management, reviewing all audit paperwork, overseeing all daily activities of relevant staff, training and developing the audit staff, ensuring accommodation and compliance with various legal standards, developing and modifying work methods and procedures, prioritizing work duties and scheduling, distributing work to various staff, and interpreting all legal provisions.
This is a person who must have a deep knowledge and understanding of the auditing system, as well as the ability to explain it in “everyday terms” to persons unfamiliar with the field. This person should possess expert critical thinking and analytical skills, relevant computer skills, and highly proficient communication skills.
Internal Auditing Supervisor Tasks
- Oversee the collection of information for financial reviews, evaluation of internal controls, and compliance assessments.
- Supervise auditing staff, assigning tasks and reviewing their work.