An Audit Manager is responsible for the overview and examination of all internal financial, administrative, and operational processes, practices, and goings-on of a company or an organization. They also perform risk assessments while testing and creating new methods and processes to direct, tutor, and instruct the auditors to put in their charge.
The Manager may also work in a company which, either as a whole or in part, is focused on helping their clients keep track of their inner workings, or they might work as a consultant, merely suggesting and occasionally applying various changes to make the many processes and paperwork just a little more efficient.
A candidate for this position will typically need to have at least a Bachelor's degree in a field of study such as Accounting, Business, or Finance, as well as several years, at least, of experience working in a similar position. Larger companies may also require a Master's degree or the equivalent in terms of professional certification, such as a CPA.
There is more than meets the eye when it comes to being an audit manager. For example, did you know that they make an average of $49.79 an hour? That's $103,555 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many audit managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and organizational skills.
When it comes to the most important skills required to be an audit manager, we found that a lot of resumes listed 26.7% of audit managers included internal audit, while 13.6% of resumes included cpa, and 5.3% of resumes included audit engagements. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the audit manager job title. But what industry to start with? Most audit managers actually find jobs in the finance and professional industries.
If you're interested in becoming an audit manager, one of the first things to consider is how much education you need. We've determined that 75.4% of audit managers have a bachelor's degree. In terms of higher education levels, we found that 16.0% of audit managers have master's degrees. Even though most audit managers have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an audit manager. When we researched the most common majors for an audit manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on audit manager resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become an audit manager. In fact, many audit manager jobs require experience in a role such as senior auditor. Meanwhile, many audit managers also have previous career experience in roles such as auditor or staff accountant.