An Internal Auditor works within a company to monit or and assess how risks are being managed and how internal processes are working. They act as consultants, applying a systematic methodology to their work, looking at ways in which to evaluate the effectiveness of risk management and improve how a company operates overall. An appropriate Internal Auditor job description should include the following functions: Evaluating the company's compliance program Evaluating how well risk management is being handled within a company - evaluating information security and risk exposures Reporting on risk management issues Performing an analysis on how the company will perform in the case of business interruption Providing continued education and advice to different business units and teams regarding compliance and risk assessment Anticipating emerging issues through data and assessment Communicating with a variety of stakeholders

Internal Auditor job qualifications and requirements

A degree in one of the following fields should be included as a qualification requirement for Internal Auditing: Accountancy Economics Finance Computing Business Studies Anyone looking to work in this industry will also be expected to display the following qualities: Attention to detail is imperative Organisation and time-keeping The ability to keep calm under pressure, especially when there are tight deadlines The ability to think objectively Strong communication skills, both verbal and written should also be included in an Internal Auditor job description, as there will be ongoing communication with teams in other business units and the senior management team.
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Auditing
Compliance
ERP - Enterprise Resource Planning
Internal Audit
QuickBooks
Reporting
Salary for Internal Auditor
$97,500 - $110,500
25th Percentile
$97,500
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
$103,000
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
$110,500
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Senior Internal Auditor $120,500 $128,000 $140,000 Internal Audit Manager $129,000 $147,000 $164,500 Auditor - Financial Services $87,500 $98,000 $107,000 Internal Audit Manager (Financial Services) $141,500 $161,500 $181,000 Senior Internal Audit Manager (Financial Services) $113,500 $127,500 $143,000 Head of Internal Audit (Financial Services) $184,000 $224,500 $292,500
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