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Vice President (VP), Internal Audit Salary

Internal Audit VPs in the United States take home approximately $139K annually on average. With some bonuses approaching $49K and certain profit sharing proceeds approaching $13K, overall incomes of Internal Audit VPs spread between $100K and $227K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by years of experience. Women are just slightly outnumbered, with male Internal Audit VPs making up 57 percent of survey respondents. For the most part, Internal Audit VPs enjoy their work and report high levels of job satisfaction. Nearly all receive medical and dental insurance and a strong majority get vision insurance.

$94,143 - $192,785
(Median)
$94K
$140K
$190K
MEDIAN: $139,359
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$80K$160K$240K
Salary
$94,143 - $192,785  
   
Bonus
$5,013 - $48,877  
Profit Sharing
$500 - $12,500  
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).
)
$100,363 - $226,884  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 210

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Job Description for Vice President (VP), Internal Audit

A vice president (VP) of internal audits usually holds a leadership position for a large corporation. They work with managers and auditors to address financial and operational issues and help the managers to overcome these problems. The vice president of internal audit oversees various audit-related processes in the company and provides objective evaluations. Then, they help other departments come up with ideas to improve these processes. The vice president of internal audit usually has a team of auditors to whom they delegate tasks.

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Vice President (VP), Internal Audit Tasks

  • Train and manage the internal auditing staff and conduct evaluations.
  • Design methods to assess and mitigate business risks.
  • Conduct internal audits, determine the objectives of audits, and track audit results.
  • Propose methods to improve processes and problem areas identified by audits.

Vice President (VP), Internal Audit Job Listings

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Internal Audit VPs typically list a handful of skills they use on the job. Risk Management / Risk Control and Internal Audit are considered valuable skills and can increase employee pay. Risk Management / Risk Control is a skill commonly found among those who know Internal Audit.

Pay Difference by Location


The lowest-paying market is Boston, which sits 25 percent below the national average, proving that location is a significant contributor to overall pay.

Related Job Salaries

United States (change)

Experience Affects Vice President (VP), Internal Audit Salaries

Experienced
up arrow 3%

Late-Career
up arrow 2%

National Average
$155,000

Mid-Career
up arrow 17%

Skills That Affect Vice President (VP), Internal Audit Salaries

Risk Management / Risk Control
up arrow 2%

Internal Audit
up arrow 1%

National Average
$155,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

1-4 years
3%
5-9 years
11%
10-19 years
59%
20 years or more
27%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 88%
vision benefits Vision: 76% employee benefits None: 6%
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