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Vice President (VP), Internal Audit Salary

Internal Audit VPs in the United States can expect to earn an average of $136K per year. Total cash compensation to Internal Audit VPs bottoms out near $99K and approaches $232K on the high end; the biggest paychecks include approximately $42K from bonuses and almost $31K from profit sharing. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The majority of Internal Audit VPs (61 percent) who took the survey are men. The majority of workers are highly satisfied with their job.
$92,225 - $198,550
(Median)
92K
110K
140K
160K
200K
MEDIAN: $135,940
10%
25%
50%
75%
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
$92,225 - $198,550  
   
Bonus
$5,025 - $41,794  
Profit Sharing
$1,957 - $30,639  
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).
)
$98,639 - $231,671  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 201
United States (change)

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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Just a handful of professional skills are reported by Internal Audit VPs who took the survey. Risk Management / Risk Control and Internal Audit are considered valuable skills and can increase employee pay. Employees educated in Internal Audit are typically practiced in Risk Management / Risk Control, too.

Pay Difference by Location


Falling short of the national average by 4 percent, the area with the worst salaries is New York.

Related Job Salaries

Experience Affects Vice President (VP), Internal Audit Salaries

Late-Career
up arrow 9%

Experienced
up arrow 1%

National Average
$153,000

Mid-Career
up arrow 16%

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

Risk Management / Risk Control
up arrow 2%

National Average
$153,000

Internal Audit
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 32 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

1-4 years
2%
5-9 years
11%
10-19 years
56%
20 years or more
30%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 87%
vision benefits Vision: 75% employee benefits None: 6%