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Senior Auditor Salary

Senior Auditors in the United States take home an average $64K annually. Final cash compensation to Senior Auditors varies from around $52K to approximately $86K; choice pay grades include potential for bonuses and profit sharing as high as $7K and $4K, respectively. The most important factor affecting compensation for this group is career duration, followed by geography and the individual firm. Male Senior Auditors are more prevalent than women among those who took the survey — 60 percent of professionals. For the most part, Senior Auditors enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$51,142 - $82,512
(Median)
$51K
$64K
$83K
MEDIAN: $64,118
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
$51,142 - $82,512  
   
Bonus
$0.00 - $7,028  
Profit Sharing
$493.16 - $3,962  
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).
)
$51,530 - $85,624  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 2,383
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
$21.67 - $45.59  
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 - $7,028  
   
Commission
$0.00 - $4,189  
Profit Sharing
$493.16 - $3,962  
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).
)
$51,530 - $85,624  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 80

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United States (change)


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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 who transition into a Chief Financial Officer role may receive large pay increases as the latter position pays an average $122K per year. Auditing Managers or Senior Manager Auditors 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 $47K higher for Senior Manager Auditors.

Senior Auditor Job Listings

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Popular Employer Salaries for Senior Auditor


Senior Auditors flock to KPMG, LLP, EY (Ernst & Young), Deloitte & Touche LLP, PricewaterhouseCoopers, and Grant Thornton Llp, highly regarded companies that employ a generous number of people in this profession. Pay for Senior Auditors is best at PricewaterhouseCoopers, which offers a median salary of $72K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $57K to $89K. Soaring salaries can also be found at Wells Fargo Bank, BDO Seidman, LLP, and KPMG, LLP, where earnings of $71K, $69K, or $69K are standard for Senior Auditors.

Employees at Crowe, Chizek and Company LLP take home the smallest paychecks, and $63K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $51K and quickly nearing the top at only $75K. 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 results imply that Senior Auditors deploy a substantial tool kit of skills at work. 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. Most people experienced in 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, more experience in the field does not usually mean bigger paychecks. Those in the early stages of their career can expect to make around $63K; however, individuals with five to 10 years of experience bring in $71K on average — a distinctly larger sum. Senior Auditors claiming one to two decades of experience make an estimated median of $76K. More than 20 years of experience mean a somewhat bigger median paycheck of $81K, but it's not much more than what less experienced people make.

Pay Difference by Location


For Senior Auditors, above-average compensation can be found going east — in Washington, New York, and Boston, in particular. Those in the field find the lowest salaries in Miami, 7 percent below the national average. Minneapolis and Charlotte are a couple other places where companies are known to pay below the median — salaries are 7 percent lower and 4 percent lower, respectively.

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United States (change)

Experience Affects Senior Auditor Salaries




National Average
$66,000


Skills That Affect Senior Auditor Salaries




Sarbanes-Oxley (SOX) Compliance Audit
up arrow 4%

Regulatory Compliance
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%

Accounting
up arrow 1%

Microsoft Excel
up arrow 2%

Compliance (Financial)
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 509 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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