Internal Auditing Manager in Chicago, Illinois Salary
How much does an Internal Auditing Manager make in Chicago, IL? An Internal Auditing Manager in Chicago takes home an average of $99,304 annually. This is 2% higher than the national average for an Internal Auditing Manager which is $97,406 per year. Salaries for an Internal Auditing Manager in Chicago range from $65,846 annually to $123,869 annually. Total Annual Pay, which includes salary and bonus for an Internal Auditing Manager in Chicago ranges from $66,129 to $133,549 annually. Job satisfaction is reported as 5 out of 5 stars. Men make up a majority of the Internal Auditing Manager workforce in Chicago among those reporting — 69 percent to be exact. Many report receiving medical, dental, and vision benefits from their employer.
|Salary||$65,846 - $123,869|
|Bonus||$1,021 - $14,899|
|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).)
|$66,129 - $133,549|
Job Description for Internal Auditing Manager
The internal audit manager performs risk assessments for companies, focusing specifically on the organization's finances. Their complex audits relate to the compliance, operations, and finances of a company, and they must meet the standards set by the Professional Practice of Internal Auditing for each audit. They are often in regular communication with auditors outside of the company and keep up to date with current changes in their field.Read More...
An internal audit manager also constantly reviews and assesses the impacts of their recommendations on the company; their goal is to make the company as financially efficient as possible. As a manager, they likely will have a team working underneath them that they will be responsible for supervising and leading. Internal audit managers must also relay their findings and recommendations to their superiors.
An internal audit manager is expected to have a very thorough understanding of financial structures. The position requires an undergraduate degree in accounting or finance, as well as two to six years' experience. Many employers prefer a master’s degree in the field and previous managerial experience. (Copyright 2017 PayScale.com)
Internal Auditing Manager Tasks
- Assist in the coordination and implementation of internal audits.
- Report audit results in writing and in presentations.
- Evaluate internal controls to identify areas needing improvement.
- Conduct reviews to identify financial and business risks and assess compliance with regulations.
- Contribute to the development of strategies and procedures for carrying out internal audits.
Internal Auditing Manager Job Listings
Key Stats for Internal Auditing Manager
Rated 5 out of 5
based on 2 votes.