Senior Auditor Salary

Median pay for Senior Auditors in the United States lies in the neighborhood of $65K 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. The most important factor affecting compensation for this group is experience level, followed by geography and the individual firm. Job satisfaction is high and work is enjoyable for most Senior Auditors. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. The data in this summary comes from the PayScale salary survey.

$51,477 - $82,851

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$14.77 - $40.83

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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$29K$58K$87K
Salary
$51,477 - $82,851  
   
Bonus
$0.00 - $7,054  
Profit Sharing
$488.32 - $4,010  
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).
)
$51,754 - $86,099  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 2,389
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
$14.77 - $40.83  
   
Overtime
$20.43 - $45.86  
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 - $7,054  
   
Commission
$0.00 - $4,189  
Profit Sharing
$488.32 - $4,010  
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).
)
$51,754 - $86,099  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 89
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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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At the upper end, Senior Auditors who move into a Chief Financial Officer role can end up with a hefty increase in pay. The average income for Chief Financial Officers is a much higher $122K per year. When Senior Auditors are ready for the next step in their careers, they often become Auditing Managers or Financial Controllers. Those roles pay an additional $18K and $11K, respectively.

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 all popular places to work. Although salaries only range from $61K to just $88K, PricewaterhouseCoopers still offers the highest pay with a median paycheck of $72K. Soaring salaries can also be found at Wells Fargo Bank, KPMG, LLP, and Grant Thornton Llp, where earnings of $71K, $69K, or $68K are standard for Senior Auditors.

Employees at Mcgladrey take home the smallest paychecks, and $63K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $52K and quickly nearing the top at only $73K. Others at the bottom of the scale for this job include Deloitte & Touche LLP 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 participants wield an impressively varied skill set on the job. Most notably, skills in Internal Audit, Risk Management / Risk Control, Sarbanes-Oxley, and Regulatory Compliance are correlated to pay that is above average, with boosts between 7 percent and 12 percent. Skills that seem to negatively impact pay include Compliance. Those educated in Auditing tend to be well versed in Microsoft Excel.

Pay by Experience Level for Senior Auditor

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


Senior Auditors do not generally earn higher incomes from more experience in the field. Workers in their first five years can expect to earn $64K, but people who have been around for five to 10 years earn a noticeably bigger sum of $71K. The average pay reported by folks with 10 to 20 years of experience is around $76K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $81K.

Pay Difference by Location


Washington is home to an above-average pay rate for Senior Auditors, 18 percent higher than the national average. Senior Auditors can also look forward to large paychecks in cities like New York (+14 percent), Chicago (+9 percent), San Francisco (+9 percent), and Boston (+9 percent). Miami is home to the smallest salaries in the field, lagging the national average by 7 percent. Below-median salaries also turn up in Minneapolis and Charlotte (7 percent lower and 5 percent lower, respectively).

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Experience Affects Senior Auditor Salaries




National Average
$66,000


Skills That Affect Senior Auditor Salaries




Regulatory Compliance
up arrow 2%

Sarbanes-Oxley (SOX) Compliance Audit
up arrow 2%

Data Analysis
up arrow 1%

People Management
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 3%

Compliance (Financial)
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 457 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: 74%
vision benefits Vision: 61% employee benefits None: 8%
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