Senior Internal Auditor in Birmingham, Alabama Salary
How much does a Senior Internal Auditor make in Birmingham, AL? In Birmingham, a Senior Internal Auditor takes home approximately $73,401 annually on average. This is 3% less than the national average for a Senior Internal Auditor which is $75,848 per year. Salaries for a Senior Internal Auditor in Birmingham range from $58,209 annually to $78,453 per year. Total Annual Compensation, which includes salary for a Senior Internal Auditor in Birmingham ranges from $58,209 to $79,687 annually. Job satisfaction is reported as 0 out of 5 stars. In Birmingham, women make up the majority of the workforce (100 percent). Many report receiving medical, dental, and vision benefits from their employer.
Job Description for Senior Internal Auditor
The responsibility of an auditor is to inspect financial documents and records for any possible fraud, theft, or waste of time and company resources. Senior internal auditors typically manage a smaller team of internal auditors within the company. They guide each internal auditor in the process of conducting an audit project or assignment. They make sure that internal auditors are following the proper procedures and policies set in place for conducting an audit.Read More...
These senior officials often cooperate in the design and implementation of all internal audits. They examine the records of a business, such as spreadsheets, income reports, and other important financial documents, to identify any areas that seem like they may be incorrect or suspicious.
Most businesses usually hire outside companies to do their audits, but an internal auditor works within the company.
Senior internal auditors take the information that they have discovered during an audit and report back to management. They create a report that documents the area that they examined and any instances that may be incorrect or affecting efficiency within the company. They can also advise management on how to rectify the situation or alter procedures in order to make a certain area more financially productive.
Senior internal auditors must have at least a bachelor’s degree in accounting or a similar field. In order to be promoted to a senior position, they must typically have at least five years' experience in an auditing position. (Copyright 2017 PayScale.com)
Senior Internal Auditor Tasks
- Collaborate with management and other business partners to develop partnerships, obtain audit documentation, and resolve sensitive audit issues.
- Conduct operational, compliance, financial, and SOX audits within an organization.
- Determine the prioritization of internal audit resources in order to properly address all risks and exposures.
- Assist with the annual risk assessment and developing the audit population.