The average salary for an Internal Audit Director is $130,753.
Internal Audit Director by
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What Do Internal Audit Directors Do?
The internal audit director works with internal company resources and employees to evaluate and optimize financial functions. This includes creating reports on risks across various departments, conducting internal audits, coordinating between departments, and establishing quality assurance standards; all of these tasks must be performed efficiently without impairing operations and documented in reports that may be used to address potential problems. They work directly with employees throughout t…Read more
Internal Audit Director Tasks
- Develop strategies and procedures for carrying out internal audits.
- Oversee external audits, organizing paperwork and making sure audits are finished on schedule.
- Enforce compliance with company policies for risk assessment and financial controls.
- Conduct reviews to identify financial and business risks, and implement appropriate controls.
Job Satisfaction for Internal Audit Director
Popular Employer Salaries for Internal Audit Director
The top respondents for the job title Internal Audit Director are from the companies Amtrak (The National Railroad Passenger Corporation), Automatic Data Processing, Inc. (ADP) and Monmouth University. Reported salaries are highest at Amtrak (The National Railroad Passenger Corporation) where the average pay is $178,200. Other companies that offer high salaries for this role include EY (Ernst & Young), earning around $167,000. Monmouth University pays the lowest at around $85,474. Heritage Trust Federal Credit Union also pays on the lower end of the scale, paying $91,410.
Internal Audit Director Job Listings
What Are Popular Skills for Internal Audit Directors?
Skills in Internal Audit, Risk Management / Risk Control, Sarbanes-Oxley (SOX) Compliance Audit and Auditing are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis.
What is the Pay by Experience Level for Internal Audit Directors?
An early career Internal Audit Director with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $85,645 based on 13 salaries. A mid-career Internal Audit Director with 5-9 years of experience earns an average total compensation of $112,282 based on 52 salaries. An experienced Internal Audit Director with 10-19 years of experience earns an average total compensation of $131,721 based on 395 salaries. In their late career (20 years and higher), employees earn an average total compensation of $138,175.
Pay Difference by Location
Employees with Internal Audit Director in their job title in New York, New York earn an average of 23.6% more than the national average. These job titles also find higher than average salaries in Houston, Texas (14.2% more) and Boston, Massachusetts (13.9% more). The lowest salaries can be found in Louisville, Kentucky (33.1% less), Omaha, Nebraska (6.6% less) and Atlanta, Georgia (5.0% less).
Years of Experience
This data is based on 688 survey responses.