Internal Audit Director in Fayetteville, AR

Internal Audit Director job description

A director of internal audits need advanced experience with financial and accounting applications, financial and operational controls, and with GAAP, Sarbanes-Oxley and COSO framework requirements. Professionals should have strong critical thinking, communication and technology skills. Candidates generally must have at least seven years’ experience in auditing, including in public accounting and industry. Firms seek individuals who possess a bachelor’s degree in accounting or finance, along with an MBA, and certifications such as a CIA or CPA. Travel is often required for this position. Depending on the organization, the title for this position also could be chief audit executive or vice president of internal audit.

Typical internal audit director duties:

Identifying, understanding and documenting processes and procedures surrounding internal controls

Monitoring and updating on a continual basis the assessment of the control environment, keeping abreast of significant control issues, trends and developments

Identifying and assessing the implementation of new controls as necessary

Developing test plans and coordinating the performance of management testing of internal controls required by Sarbanes-Oxley

Preparing and updating a comprehensive risk-based audit plan for evaluating the effectiveness of controls in place to manage significant risk exposures, ensure the integrity and reliability of information and financial reporting, safeguard company assets, and comply with laws and regulations

Identifying and designing anti-fraud criteria and controls

Monitoring and auditing the company’s compliance with established internal controls

Establishing procedures and plans for conducting internal control audits

Reporting findings to senior management and the company’s audit committee

Coordinating activities with external auditors to support their audit and review procedures

Hiring, training and retaining internal audit staff

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Crisis and risk management

ERP software proficiency

External audit collaboration

Financial management

Financial reporting and analysis tools

Internal controls

ITGC

SOX compliance

Salary for Internal Audit Director in Fayetteville, AR

136669 - 214600

Low

136669

The candidate is new to the role or has limited experience and is still developing core skills.

Mid

188700

The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.

High

214600

The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.

Projected salaries for related positions

Job title

Low

Mid

High

Internal Audit Manager

108225

126725

147769

Senior Internal Auditor

84406

98975

114238

Internal Auditor

64750

80475

94119

IT Audit Manager

111694

136206

157019

Senior IT Auditor

91113

106144

120713

IT Auditor

72150

86950

95044

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