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Become An Internal Audit Manager

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Working As An Internal Audit Manager

  • Interacting With Computers
  • Communicating with Supervisors, Peers, or Subordinates
  • Guiding, Directing, and Motivating Subordinates
  • Coaching and Developing Others
  • Establishing and Maintaining Interpersonal Relationships
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $83,246

    Average Salary

What Does An Internal Audit Manager Do

An Internal Audit Manager monitors and evaluates how well risks are being managed. They develop recommendations and reports based on audits and present solutions to senior management.

How To Become An Internal Audit Manager

Financial managers typically have a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst.

Education

A bachelor's degree in finance, accounting, economics, or business administration is often the minimum education needed for financial managers. However, many employers now seek candidates with a master’s degree, preferably in business administration, finance, or economics. These academic programs help students develop analytical skills and learn financial analysis methods and software.

Licenses, Certifications, and Registrations

Professional certification is not required, but some financial managers still get it to demonstrate a level of competence. The CFA Institute confers the Chartered Financial Analyst (CFA) certification to investment professionals who have at least a bachelor’s degree, 4 years of work experience, and pass three exams. The Association for Financial Professionals confers the Certified Treasury Professional credential to those who pass an exam and have a minimum of 2 years of relevant experience.

Work Experience in a Related Occupation

Financial managers usually have experience in another business or financial occupation. For example, they may have worked as a loan officer, accountant, securities sales agent, or financial analyst. 

In some cases, companies provide formal management training programs to help prepare highly motivated and skilled financial workers to become financial managers.

Important Qualities

Analytical skills. Financial managers increasingly are assisting executives in making decisions that affect their organization, a task which requires analytical ability.

Communication skills. Excellent communication skills are essential because financial managers must explain and justify complex financial transactions.

Detail oriented. In preparing and analyzing reports such as balance sheets and income statements, financial managers must be precise and attentive to their work in order to avoid errors.

Math skills. Financial managers must be skilled in math, including algebra. An understanding of international finance and complex financial documents also is important.

Organizational skills. Financial managers deal with a range of information and documents and so they must stay organized to do their jobs effectively.

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Internal Audit Manager jobs

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Internal Audit Manager Career Paths

Internal Audit Manager

Internal Audit Manager Demographics

Gender

  • Male

    64.6%
  • Female

    32.0%
  • Unknown

    3.3%

Ethnicity

  • White

    75.5%
  • Hispanic or Latino

    10.4%
  • Asian

    10.1%
  • Unknown

    2.3%
  • Black or African American

    1.6%
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Languages Spoken

  • Spanish

    41.4%
  • French

    12.1%
  • Portuguese

    8.6%
  • Chinese

    8.6%
  • Japanese

    5.2%
  • Mandarin

    5.2%
  • German

    3.4%
  • Cantonese

    3.4%
  • Arabic

    3.4%
  • Luganda

    1.7%
  • Amharic

    1.7%
  • Dakota

    1.7%
  • Korean

    1.7%
  • Italian

    1.7%
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Internal Audit Manager

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Internal Audit Manager Education

Internal Audit Manager

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Real Internal Audit Manager Salaries

Job Title Company Location Start Date Salary
Internal Audit and SOX Manager Pine River Capital Management L.P. Minnetonka, MN Jul 07, 2016 $160,248
Internal Audit Senior Manager-Finance Oracle America, Inc. CA Mar 13, 2014 $152,454 -
$155,000
Internal Auditing Manager Breitburn Management Company LLC Los Angeles, CA Feb 08, 2012 $139,925
IT Internal Audit Manager Molina Healthcare, Inc. Long Beach, CA Nov 12, 2016 $139,225
Senior Global Internal Audit Manager Bunge Management Services, Inc. White Plains, NY Oct 01, 2012 $135,000
Internal Audit Manager KLA-Tencor Corporation Milpitas, CA May 05, 2014 $135,000
Internal Audit Manager Linkedin Corporation Sunnyvale, CA Aug 18, 2016 $132,300 -
$187,900
Regional Internal Audit Manager Novartis Services Incorporated Miami, FL Sep 15, 2012 $130,060
Regional Internal Audit Manager Novartis Services, Inc. Miami, FL Sep 16, 2012 $130,060
Internal Audit Manager Shire Pharmaceuticals LLC Wayne, PA Jan 09, 2015 $129,168
Internal Audit Manager CSM Bakery Products Na Inc. La Mirada, CA Nov 11, 2011 $125,000
Internal Audit Manager Accuray Incorporated Sunnyvale, CA Feb 11, 2015 $125,000
Internal Audit Manager EBAY Inc. San Jose, CA Jun 11, 2012 $125,000
Internal Audit Manager OLAM Americas, Inc. College Park, GA Oct 01, 2014 $120,203
Internal Audit Manager Equinix, Inc. Redwood City, CA Oct 25, 2013 $112,000
Internal Audit Manager Activision Publishing, Inc. Santa Monica, CA Jan 03, 2016 $110,745
Internal Audit Manager Sunpower Corporation San Jose, CA Aug 26, 2016 $110,344
Internal Audit Manager TRW Automotive, Inc. Livonia, MI Sep 17, 2012 $110,000
Internal Audit Manager Louis Dreyfus Corporation Wilton, CT Feb 15, 2011 $110,000
Internal Audit Manager Louis Dreyfus Commodities LLC Wilton, CT Feb 15, 2011 $110,000
Internal Audit Manager Newegg Inc. Industry, CA May 19, 2014 $110,000 -
$130,000
Internal Audit Manager WPP Group USA, Inc. New York, NY Feb 11, 2015 $110,000
Internal Audit Manager KLA-Tencor Corporation Milpitas, CA Sep 03, 2014 $101,566
Internal Audit Manager Core-Mark International South San Francisco, CA Mar 30, 2016 $101,421 -
$115,000
IT Internal Audit Manager Molina Healthcare, Inc. Long Beach, CA Jan 12, 2012 $101,300
Internal Audit Manager Trinity Industries, Inc. Dallas, TX Mar 25, 2016 $101,100
Internal Audit Manager Coach, Inc. New York, NY Nov 28, 2011 $100,940
Internal Audit Manager FUHU, Inc. El Segundo, CA Feb 21, 2015 $100,089
Internal Audit Manager Alvarez & Marsal Holdings LLC New York, NY Oct 08, 2012 $100,000
Internal Audit Manager Qualcomm Incorporated San Diego, CA Mar 05, 2016 $98,400 -
$147,600

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Top Skills for An Internal Audit Manager

InternalAuditDepartmentComplianceAuditsFinancialStatementsInternalControlWeaknessesAnnualRiskAssessmentAuditCommitteeSarbanes-OxleySOXInternalAuditProgramsExternalAuditorsAnnualAuditPlanAuditReportsAuditFindingsInternalAuditStaffRiskManagementBusinessProcessOperationalAuditsProcessImprovementInternalAuditFunctionPayroll

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Top Internal Audit Manager Skills

  1. Internal Audit Department
  2. Compliance Audits
  3. Financial Statements
You can check out examples of real life uses of top skills on resumes here:
  • Manage internal audit department, develop audit systems for company departments, and enhance internal control requirements.
  • Managed the financial, operations, and compliance audits and reported the result to the Audit Committee and Senior Management.
  • Analyzed processes and financial statements resulting in successful credit recoveries, fees adjustment proposals, or relationship termination.
  • Identified the internal control weaknesses and created workable solutions to remedy defects.
  • Conducted special audit engagements driven by an annual risk assessment and recommended by the Audit Committee and the CFO.

Top Internal Audit Manager Employers

Internal Audit Manager Videos

Internal Audit Manager Description

Audit Manager: Describe the process of an audit?

Why is Internal Audit a Great Career Choice?

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