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Senior Auditor Salary

Senior Auditors in the United States take home approximately $64K annually on average. Cash earnings for Senior Auditors — including $7K in bonuses and $4K in profit sharing proceeds near the top of the pay scale — generally stretch from $52K to $86K depending on individual performance. The most important factor affecting compensation for this group is career length, followed by geography and the specific company. There are more male Senior Auditors than female among those who completed the questionnaire, making up 60 percent. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. The majority of Senior Auditors claim high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.

$51,144 - $82,595
(Median)
$51K
$64K
$83K
MEDIAN: $64,198
10%
50%
90%

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$15.34 - $40.47
(Median)
$15
$26
$40
MEDIAN: $25.00
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$29K$58K$87K
Salary
$51,144 - $82,595  
   
Bonus
$0.00 - $7,013  
Profit Sharing
$489.36 - $3,967  
Commission
$0.00 - $4,189  
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).
)
$51,528 - $85,743  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 2,400
National Hourly Rate 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$16$32$48
Hourly Rate
$15.34 - $40.47  
   
Overtime
$21.58 - $45.77  
National Annualized 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$32K$64K$96K
Bonus
$0.00 - $7,013  
   
Commission
$0.00 - $4,189  
Profit Sharing
$489.36 - $3,967  
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).
)
$51,528 - $85,743  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 80
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Job Description for Senior Auditor

Senior auditors conduct audits for companies to ensure compliance in financial and operational areas. They ensure that businesses operate smoothly and inspect records for cases of waste or fraud. Senior auditors are typically responsible for overseeing the entire auditing process for a company. In large organizations, they may have staff auditors who report directly to them.

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Senior Auditor Tasks

  • Develop risk appraisal guidelines and audit paperwork templates.
  • Plan and conduct audits, prepare reports on a monthly or yearly basis for clients, and take point as the lead reviewer.
  • Analyze financial data to insure efficiency, accuracy, and compliance with relevant laws and standards, as well as to find instances of accounting deficiencies and/or fraud.
  • Oversee, guide, and mentor junior auditors.

Common Career Paths for Senior Auditor


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Senior Auditors may progress into high-paying roles like Chief Financial Officer, where median compensation is $122K annually. Senior Auditors typically move into roles as Auditing Managers or Senior Manager Auditors, and those positions pay $18K more and $47K more, respectively.

Senior Auditor Job Listings

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Popular Employer Salaries for Senior Auditor


KPMG, LLP, EY (Ernst & Young), Deloitte & Touche LLP, PricewaterhouseCoopers, and Grant Thornton Llp are all popular places to work. Although salaries only range from $58K to just $89K, PricewaterhouseCoopers still offers the highest pay with a median paycheck of $72K. Also paying near the top of the field are Wells Fargo Bank at $71K, BDO Seidman, LLP at $69K, and KPMG, LLP, where Senior Auditors annually earn $69K.

Crowe, Chizek and Company LLP doles out the lowest salaries in town — median pay is $63K — not to mention workers can only make as much as $75K and scope of pay is rather limited. Mcgladrey, Deloitte, and Deloitte & Touche LLP also rank near the bottom for pay, each handing out $64K-paychecks on average.

Popular Skills for Senior Auditor


Senior Auditors seem to exploit a large range of skills on the job. Most notably, skills in Internal Audit, Risk Management / Risk Control, Sarbanes-Oxley, and Sarbanes-Oxley Compliance Audit are correlated to pay that is above average, with boosts between 7 percent and 12 percent. Skills that pay less than market rate include Compliance. Most people who know Auditing also know Microsoft Excel.

Pay by Experience Level for Senior Auditor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience does not seem to be a strong driver of pay increase in this role. Relatively untried employees who have less than five years' experience make $63K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $71K. Senior Auditors who work for 10 to 20 years in their occupation tend to earn about $76K. Senior Auditors who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $83K.

Pay Difference by Location


Senior Auditors will find that Washington offers an impressive pay rate, one which exceeds the national average by 18 percent. Senior Auditors can also look forward to large paychecks in cities like New York (+15 percent), San Jose (+13 percent), Boston (+11 percent), and Chicago (+9 percent). The smallest paychecks in the market, 7 percent south of the national average, can be found in Minneapolis. Workers in Charlotte and Seattle earn less than others in this profession; their salaries fall short of the national average by 4 percent.

Related Job Salaries

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Experience Affects Senior Auditor Salaries




National Average
$66,000


Skills That Affect Senior Auditor Salaries




Regulatory Compliance
up arrow 3%

Sarbanes-Oxley (SOX) Compliance Audit
up arrow 3%

Auditing
up arrow 1%

Financial Analysis
up arrow 1%

Data Analysis
up arrow 1%

Microsoft Office
0%

National Average
$66,000

Financial Reporting
up arrow 1%

Microsoft Word
up arrow 1%

Microsoft Excel
up arrow 2%

Accounting
up arrow 2%

Compliance (Financial)
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 501 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
0%
1-4 years
53%
5-9 years
34%
10-19 years
9%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 74%
vision benefits Vision: 61% employee benefits None: 8%
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