Internal Auditor in North East England

What is an internal auditor?

An internal auditor 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 auditor 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 Auditor in North East England

47500 - 55750

25th Percentile

47500

Little or no prior experience in the position; still developing relevant skills.

Demand: Low

50th Percentile

50500

Some prior experience in the position; has several relevant skills.

Demand: Moderate

75th Percentile

55750

Extensive prior experience in the position; has mastered relevant skills.

Demand: High

Projected salaries for related positions

Position title

25th Percentile

50th Percentile

75th Percentile

Chief Financial Officer

118750

161500

194750

Group Finance Director

104750

120250

133000

Finance Director

80000

95000

117250

Shared Service Centre Director

73500

83500

95000

Group Financial Controller

72750

87750

121000

Financial Controller

64250

78000

85750

Finance Manager

50750

59000

62750

Group Accountant

51250

58500

63000

Qualified Management / Financial Accountant

47000

51250

55000

Director of Audit & Risk

82750

87250

99750

Internal Audit Manager

54500

61750

66500

Treasury Manager

62000

68750

74000

Treasury Accountant

47500

51750

58500

Tax Manager

55500

67500

83000

Tax Accountant

47750

52250

58500

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