Internal Audit Manager

What is an internal audit manager?

An internal audit manager is relied upon to assess how well a company is managing risk. Working as part of the in-house finance team, they use a systematic methodology to explore how well internal processes are working and whether company risk and operations could be improved.

Internal audit manager job description and responsibilities

Professionals within this job role act as a moderator for all company accounts, ensuring that they are compliant and that any future risk is identified and managed. Typical internal auditor responsibilities are:

Assessing company financial risk

Safeguarding assets

Gathering and analysing data

Checking the accuracy of financial reports

Auditing the efficiency of business processes

Ensuring the business adheres to policies, procedures, legislations and regulations

Stakeholder communication

Internal auditor qualifications, skills and experience

Qualification requirements for internal auditing roles are relatively broad and can include any of the following:

Finance

Economics

Accountancy

Computing

Business Studies

Overseas professionals are typically educated to a postgraduate masters level and can undergo a conversion by gaining a CIMA, ACCA or ACA specialist qualification.

An in-demand professional will have the following qualities:

Good organisation

An excellent eye for detail

Good time-keeping

The ability to think objectively

High emotional intelligence

Good verbal and written communication skills

The ability to form good professional relationships

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Salary for Internal Audit Manager

50750 - 59000

25th percentile

50750

The candidate has little or no prior experience in the position and is still developing relevant skills.

50th percentile

54750

The candidate has an average level of experience and has most of the necessary skills.

75th percentile

59000

The candidate has above-average experience, has most or all the necessary skills, and may have specialised qualifications.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Director of Audit

93000

118000

145000

Internal Audit Manager/AVP - Financial Services

55250

62500

73000

Senior Auditor - Financial Services

42000

47750

53000

Senior Auditor

37750

41000

45000

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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 seekers our recruiters have matched with companies across the country, in addition to 350,000 third-party vacancies data from Textkernel for independent validation.

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.