Senior Auditor Salary

Senior Auditors in the United States can expect to earn an average of $64K annually. 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. While geography and the particular employer impact pay for this group, career duration is the most influential factor. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Job satisfaction is high and work is enjoyable for most Senior Auditors. The majority of Senior Auditors (60 percent) survey respondents are male. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$51,391 - $82,789
(Median)
$51K
$64K
$83K
MEDIAN: $64,377
10%
50%
90%

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$14.65 - $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, 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
$51,391 - $82,789  
   
Bonus
$0.00 - $7,057  
Profit Sharing
$492.44 - $4,020  
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 - $85,954  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 2,385
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
$14.65 - $40.58  
   
Overtime
$20.52 - $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 - $7,057  
   
Commission
$0.00 - $4,189  
Profit Sharing
$492.44 - $4,020  
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 - $85,954  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 82
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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. It is quite typical for Senior Auditors to transition into roles as Auditing Managers or Financial Controllers, where reported median earnings are $18K and $11K higher per year.

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 leaders in the field that employ a large number of Senior Auditors. Senior Auditors in search of the best pay head to PricewaterhouseCoopers, where the median salary rolls in at $73K. Although pay is top-notch overall, it does seem to be curbed at $89K, which isn't dramatically higher than the lower-end figure of $58K. Other leaders in compensation levels are Wells Fargo Bank at $71K, KPMG, LLP at $69K, and Grant Thornton Llp, where Senior Auditors annually earn $68K.

Salaries are easily beat at Crowe, Chizek and Company LLP, where median pay comes to just $63K, the lowest in the field. What's more, with base pay starting at $51K and ending at $75K, range in salary is rather small. Others at the bottom of the scale for this job include Mcgladrey at $64K, and Deloitte where $64K is the norm, but it is worth noting that some Senior Auditors there earn up to $102K.

Popular Skills for Senior Auditor


Survey takers working as Senior Auditors report using a large range of professional skills. 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 8 percent and 12 percent. At the other end of the pay range are skills like Compliance. Most people familiar with 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.


For Senior Auditors, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. 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. On average, Senior Auditors make $76K following one to two decades on the job. 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 $81K.

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 (+14 percent), San Jose (+13 percent), Boston (+9 percent), and Chicago (+9 percent). Those in the field find the lowest salaries in Minneapolis, 7 percent below the national average. Employers in Denver and Seattle also lean toward paying below-median salaries (4 percent less).

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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%

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 477 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: 73%
vision benefits Vision: 60% employee benefits None: 8%
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