Internal Auditor

Internal Auditor job description

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.

Internal Auditor duties and responsibilities of the job

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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Salary for Internal Auditor

100000 - 110000

25th percentile

100000

The candidate is new to the role or has limited experience and is building necessary skills.

50th percentile

105000

The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.

75th percentile

110000

The candidate has extensive experience and advanced skills for the role, and may also have specialised certifications.

Salary range based on three percentiles The starting salaries represent gross yearly salaries. They do not include bonuses, benefits or superannuation.

Projected salaries for related positions

Job title

25th percentile

50th percentile

75th percentile

Senior Internal Auditor

120000

130000

140000

Internal Audit Manager

130000

145000

165000

Auditor

85000

105000

110000

Internal Audit Manager (Financial Services)

120000

130000

150000

Senior Internal Audit Manager (Financial Services)

140000

160000

180000

Head of Internal Audit (Financial Services)

170000

210000

255000

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Our starting salary projections come from a detailed, multistep process that ensures our numbers accurately reflect the marketplace. They’re based on real compensation data for job candidates our recruiters have matched with companies across the country.

The Salary Guide from Robert Half is the original. We’ve been publishing salary forecasts since 1950, and our guide has served as a trusted source for employers, job seekers, industry associations, government and educational institutions, and national and local media.