Senior Auditor Salary

For Senior Auditors, annual average wages total $66K per year. Total incomes of Senior Auditors incorporate potential for, in a few cases, more than $7K from bonuses and close to $5K from profit sharing; these performance components cause packages to range between $52K and $88K. This group's pay is mainly influenced by the particular firm, followed by the particular city and tenure. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. The majority of Senior Auditors claim high levels of job satisfaction. Male Senior Auditors are more prevalent than women among those who took the survey — 61 percent of professionals. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$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' 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 $123K per year. It is quite typical for Senior Auditors to transition into roles as Auditing Managers or Financial Controllers, where reported median earnings are $17K and $10K higher per year.

Senior Auditor Job Listings

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Popular Employer Salaries for Senior Auditor


Senior Auditors fill the offices of leading firms KPMG, LLP, EY (Ernst & Young), Deloitte & Touche LLP, PricewaterhouseCoopers, and Grant Thornton Llp. Senior Auditors flock to Defense Contract Audit Agency for generous paychecks, where average earnings of $81K lead the pack in compensation. Also paying near the top of the field are PricewaterhouseCoopers at $73K, Wells Fargo Bank at $71K, and KPMG, LLP, where Senior Auditors annually earn $70K.

Not only do salaries lack room to grow — pay ranges from $50K to just $76K — but Deloitte offers the lowest pay in town to boot, with a median paycheck of $61K. Mcgladrey, Crowe, Chizek and Company LLP, and Wells Fargo & Co. also rank near the bottom for pay, handing out $64K, $64K, and $65K-paychecks on average.

Popular Skills for Senior Auditor


Senior Auditors seem to wield many 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 seem to negatively impact pay include Compliance. For most people, competency in Auditing indicates knowledge of 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 of relatively inexperienced workers fall in the neighborhood of $65K, but folks who have racked up five to 10 years see a notably higher median of $73K. After working for 10 to 20 years, Senior Auditors make a median salary of $77K. More than 20 years of experience mean a somewhat bigger median paycheck of $80K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $67,122

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

Surpassing the national average by 18 percent, Senior Auditors in Washington receive some of the highest pay in the country. Senior Auditors will also find cushy salaries in New York (+14 percent), Los Angeles (+10 percent), Boston (+9 percent), and San Francisco (+8 percent). With compensation 8 percent below the national average, Minneapolis is not known for hefty paychecks and actually represents the lowest-paying market. 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.

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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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