Senior Auditor Salary

The average Senior Auditor in the United States can expect to rake in roughly $66K per year. Cash earnings for Senior Auditors — including $7K in bonuses and $5K in profit sharing proceeds near the top of the pay scale — generally stretch from $52K to $88K depending on individual performance. The particular firm is the biggest factor affecting pay for this group, followed by the particular city and tenure. Work is enjoyable for Senior Auditors, who typically claim high levels of job satisfaction. Medical benefits are awarded to almost all, and a fair number earn dental coverage. The majority of Senior Auditors (61 percent) who took the survey are men.

$52,309 - $84,325
(Median)
$52K
$66K
$84K
MEDIAN: $65,774
10%
50%
90%

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$14.83 - $40.58
(Median)
$15
$25
$41
MEDIAN: $25.00
10%
50%
90%

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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$30K$60K$90K
Salary
$52,309 - $84,325  
   
Bonus
$0.00 - $7,342  
Profit Sharing
$489.36 - $4,805  
Commission
$2,000  
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).
)
$52,486 - $87,802  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,528
National Hourly Rate 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$16$32$48
Hourly Rate
$14.83 - $40.58  
   
Hourly Tips
$0.24  
Overtime
$21.51 - $46.35  
National Annualized 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$32K$64K$96K
Bonus
$0.00 - $7,342  
   
Commission
$2,000  
Profit Sharing
$489.36 - $4,805  
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).
)
$52,486 - $87,802  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 92
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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 experience a large salary bump if they progress into a role such as Chief Financial Officer. The latter position pays an average of $123K annually. The most common next step for a Senior Auditor is to become an Auditing Manager or a Financial Controller. The former position pays an additional $17K per year on average, and the latter position pays $10K more per year.

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. Senior Auditors flock to Defense Contract Audit Agency for generous paychecks, where average earnings of $81K lead the pack in compensation. Other leaders in compensation levels are PricewaterhouseCoopers at $73K, Wells Fargo Bank at $71K, and KPMG, LLP, where Senior Auditors annually earn $70K.

Employees at Deloitte take home the smallest paychecks, and $61K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $50K and quickly nearing the top at only $76K. Mcgladrey, Crowe, Chizek and Company LLP, and Wells Fargo & Co. are a few other employers known for handing out relatively lightweight salaries ($64K, $64K, and $65K respectively).

Popular Skills for Senior Auditor


Senior Auditors seem to exploit a large range of skills on the job. Most notably, skills in Internal Audit, Sarbanes-Oxley, Risk Management / Risk Control, and Sarbanes-Oxley Compliance Audit are correlated to pay that is above average, with boosts between 7 percent and 10 percent. Skills that are correlated to lower pay, on the other hand, include Compliance. The majority of those 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.


Senior Auditors with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries for the relatively untried average out to around $65K, but survey participants with five to 10 years of experience earn a significantly higher median of $73K. The average pay reported by folks with 10 to 20 years of experience is around $77K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $80K.

Pay Difference by Location

National Average: $67,122

Larger city markers indicate a job is popular in that location.

For Senior Auditors, busy Washington offers a higher-than-average pay rate, 18 percent above the national average. Senior Auditors will also find cushy salaries in New York (+14 percent), Los Angeles (+10 percent), Boston (+9 percent), and San Francisco (+8 percent). Those in the field find the lowest salaries in Minneapolis, 8 percent below the national average. Not at the bottom but still paying below the median are employers in Miami and Seattle (6 percent lower and 3 percent lower, respectively).

Senior Auditor Reviews

What is it like working as a Senior Auditor?

Senior Auditor in Glastonbury:
"Pretty awful, depending on environment."
Pros: Flexible hours.. Can schedule doctor's appointments and such at any time, and make up the missed hours later with no problem.
Cons: Stress levels through the roof, due to poor engagement management. Too many clients, too little staff. Poor structure of audit teams (no regard to skillset of assigned team members or need based on complexity of the audits). Constantly have a backlog due to not enough time scheduled for audits.

Related Job Salaries

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Experience Affects Senior Auditor Salaries




National Average
$67,000


Skills That Affect Senior Auditor Salaries




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

Regulatory Compliance
up arrow 2%

Accounting
up arrow 2%

Data Analysis
0%

National Average
$67,000

Auditing
up arrow 1%

Financial Analysis
up arrow 1%

Microsoft Office
up arrow 1%

Financial Reporting
up arrow 2%

Microsoft Word
up arrow 2%

People Management
up arrow 2%

Microsoft Excel
up arrow 3%

Compliance (Financial)
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 421 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 74%
medical benefits
Vision: 62%
dental benefits
None: 8%
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