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Vice President (VP), Internal Audit Salary

Internal Audit VPs in the United States can expect to earn an average of $139K per year. In the world of Internal Audit VPs, overall cash allowance can occasionally include more than $49K from bonuses and, in some exceptional cases, $13K from profit sharing, causing incomes to vary widely between $100K and $227K. Location and career length each impact pay for this group, with the former having the largest influence. Most Internal Audit VPs like their work and job satisfaction is high. In this profession, almost all enjoy medical and dental coverage, and a fair number have vision insurance, as well. Men make up a slight majority of Internal Audit VPs (58 percent) who responded to the survey. Respondents to the PayScale salary survey provided the data for this report.

$94,180 - $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
$94,180 - $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: 2 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 report a focused set of job skills. Risk Management / Risk Control and Internal Audit are considered valuable skills and can increase employee pay. Experience with Internal Audit is often linked with knowledge of Risk Management / Risk Control.

Pay Difference by Location


Internal Audit VPs in Boston take home the lowest salaries, earning a whopping 25 percent less than the national average.

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 25 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

1-4 years
2%
5-9 years
11%
10-19 years
59%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 88%
vision benefits Vision: 76% employee benefits None: 6%
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