Senior Auditor Salary

Median pay for Senior Auditors in the United States lies in the neighborhood of $64K annually. Cash earnings for Senior Auditors — which occasionally include more than $7K from bonuses and more than $4K from profit sharing — stretch from around $52K to approximately $86K. This group's pay is mainly influenced by career length, followed by geography and the individual firm. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. Most Senior Auditors like their work and job satisfaction is high. Most people who answered the questionnaire are men; 60 percent of Senior Auditors are male.

$51,396 - $82,753
(Median)
$51K
$64K
$83K
MEDIAN: $64,432
10%
50%
90%

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$14.69 - $41.28
(Median)
$15
$26
$41
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
$51,396 - $82,753  
   
Bonus
$0.00 - $7,055  
Profit Sharing
$493.16 - $4,017  
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).
)
$51,714 - $85,956  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 2,392
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
$14.69 - $41.28  
   
Overtime
$20.43 - $45.86  
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 - $7,055  
   
Commission
$0.00 - $4,189  
Profit Sharing
$493.16 - $4,017  
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).
)
$51,714 - $85,956  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 84
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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' salaries may rise greatly for those who assume a higher-end position such as a Chief Financial Officer. The average Chief Financial Officer brings home $122K per year. Auditing Managers or Financial Controllers are common next-step roles for Senior Auditors moving up in their careers; annual pay for Auditing Managers is $18K higher on average, and it's $11K higher for Financial Controllers.

Senior Auditor Job Listings

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Popular Employer Salaries for Senior Auditor


Dominating the field, KPMG, LLP, EY (Ernst & Young), Deloitte & Touche LLP, PricewaterhouseCoopers, and Grant Thornton Llp are top firms with a reputation for hiring a great number of Senior Auditors. Although the highest salaries can be found at PricewaterhouseCoopers where median pay is $73K, there is little variation in compensation; paychecks are spread only between $59K and $89K. Those in search of high salaries should also consider Wells Fargo Bank, KPMG, LLP, and Grant Thornton Llp, top-paying firms where Senior Auditors rake in a $71K, $69K, or $68K, respectively.

With a median salary of $63K, Mcgladrey provides Senior Auditors with the lowest pay in their field; moreover, earnings are capped at only $73K, limiting employee salary growth. Workers at Deloitte, Deloitte & Touche LLP, and Crowe, Chizek and Company LLP also face smaller salaries than the rest of the field — average earnings for each of these employers come to $64K.

Popular Skills for Senior Auditor


Senior Auditors seem to wield many 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 are correlated to lower pay, on the other hand, include Compliance. Those familiar with Auditing also tend to know Microsoft Excel.

Pay by Experience Level for Senior Auditor

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


Senior Auditors with a lot of experience do not necessarily enjoy more money. Salaries of relatively inexperienced workers fall in the neighborhood of $64K, but folks who have racked up five to 10 years see a notably higher median of $71K. Senior Auditors with one to two decades of relevant experience report an average salary of approximately $76K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $82K.

Pay Difference by Location


Washington offers some of the highest pay in the country for Senior Auditors, 18 percent above the national average. Senior Auditors can also look forward to large paychecks in cities like New York (+14 percent), Chicago (+9 percent), Boston (+9 percent), and San Francisco (+8 percent). Trailing the national average by 7 percent, Minneapolis is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include Tampa (5 percent lower) and Seattle (4 percent lower).

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Experience Affects Senior Auditor Salaries




National Average
$66,000


Skills That Affect Senior Auditor Salaries




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

Regulatory Compliance
up arrow 2%

Data Analysis
up arrow 1%

Auditing
0%

Financial Analysis
0%

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 471 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
0%
1-4 years
52%
5-9 years
34%
10-19 years
9%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 73%
vision benefits Vision: 61% employee benefits None: 8%
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