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Internal Audit Manager Careers

An Internal Audit Manager's primary responsibility is to handle all the internal audit assignments of an organization. This involves risk assessment, junior staff supervision to ensure procedures are followed, allocating audit assignments, and producing audit reports. Another important role of an Internal Audit Manager is to point out material misstatements in a company's financial statements and make recommendations on correcting them. This also ensures compliance with financial reporting standards and guidelines.

An Internal Audit Manager is an integral part of management. He/she helps in the minimization of fraud through the development of appropriate policies and procedures, thus helping the company to continue as a going concern. An internal audit manager can work in any organization in any industry. Some may choose to specialize in a particular industry, e.g., healthcare, while others may decide to work in all industries.

An Internal Audit Manager typically works 40 hours a week from Monday to Friday from 9:00 a.m. to 5 p.m.

There is more than meets the eye when it comes to being an internal audit manager. For example, did you know that they make an average of $54.85 an hour? That's $114,096 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.

What Does an Internal Audit Manager Do

There are certain skills that many internal 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, detail oriented and math skills.

When it comes to the most important skills required to be an internal audit manager, we found that a lot of resumes listed 39.5% of internal audit managers included internal audit, while 7.3% of resumes included risk management, and 5.8% of resumes included special projects. 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 internal audit manager job title. But what industry to start with? Most internal audit managers actually find jobs in the finance and manufacturing industries.

How To Become an Internal Audit Manager

If you're interested in becoming an internal audit manager, one of the first things to consider is how much education you need. We've determined that 71.5% of internal audit managers have a bachelor's degree. In terms of higher education levels, we found that 18.5% of internal audit managers have master's degrees. Even though most internal 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 internal audit manager. When we researched the most common majors for an internal 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 internal audit manager resumes include associate degree degrees or diploma degrees.

You may find that experience in other jobs will help you become an internal audit manager. In fact, many internal audit manager jobs require experience in a role such as senior auditor. Meanwhile, many internal audit managers also have previous career experience in roles such as senior internal auditor or internal auditor.

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Average Salary
$114,096
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
15,122
Job Openings

Internal Audit Manager Career Paths

Top Careers Before Internal Audit Manager

Top Careers After Internal Audit Manager

Internal Audit Manager Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for an Internal Audit Manager

Internal Audit Managers in America make an average salary of $114,096 per year or $55 per hour. The top 10 percent makes over $162,000 per year, while the bottom 10 percent under $79,000 per year.
Average Salary
$114,096
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities

City
ascdesc
Average Salarydesc
San Francisco, CA
Salary Range103k - 162k$130k$129,621
New York, NY
Salary Range93k - 155k$120k$120,434
Arlington, VA
Salary Range87k - 143k$112k$111,920
Stamford, CT
Salary Range85k - 142k$110k$110,372
Seattle, WA
Salary Range85k - 132k$106k$106,250
Baltimore, MD
Salary Range81k - 134k$104k$104,460
$64k
$162k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Manager Internal Audit
Manager Internal Audit
CSG Systems Incorporated
CSG Systems Incorporated
06/29/2021
06/29/2021
$91,38506/29/2021
$91,385
Manager Internal Audit
Manager Internal Audit
CSG Systems Incorporated
CSG Systems Incorporated
06/29/2021
06/29/2021
$91,38506/29/2021
$91,385
Manager Internal Audit
Manager Internal Audit
CSG Systems Incorporated
CSG Systems Incorporated
06/29/2021
06/29/2021
$91,38506/29/2021
$91,385
Manager Internal Audit
Manager Internal Audit
CSG Systems Incorporated
CSG Systems Incorporated
06/29/2021
06/29/2021
$91,38506/29/2021
$91,385
Audit Analytics Manager-Internal Audit Innovation Team
Audit Analytics Manager-Internal Audit Innovation Team
Wells Fargo
Wells Fargo
06/26/2021
06/26/2021
$98,00006/26/2021
$98,000
See More Recent Salaries

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Internal Audit Manager Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming an Internal Audit Manager. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write an Internal Audit Manager Resume

At Zippia, we went through countless Internal Audit Manager resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

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Internal Audit Manager Demographics

Gender

male

66.3 %

female

28.6 %

unknown

5.1 %

Ethnicity

White

65.7 %

Asian

11.9 %

Hispanic or Latino

10.9 %

Foreign Languages Spoken

Spanish

35.7 %

French

11.6 %

Portuguese

9.8 %
See More Demographics

Internal Audit Manager Education

Majors

Business
24.7 %
Finance
8.8 %

Degrees

Bachelors

71.5 %

Masters

18.5 %

Certificate

4.9 %

Top Colleges for Internal Audit Managers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
See More Education Info

Online Courses For Internal Audit Manager That You May Like

Internal Controls - Design, Implementation and Monitoring
udemy
4.1
(571)

Become a compliance specialist, maintain strong internal controls for SOX or FCPA, prepare for internal & external audit...

Audit - Financial Statement
udemy
4.4
(956)

Learn the audit process from planning to audit report form a Certified Public Accountant (CPA)...

Internal Auditing Part I
udemy
4
(474)

Learn how to conduct an audit from start to end. This course can be used as a guide to audit almost any process...

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Top Skills For an Internal Audit Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 39.5% of internal audit managers listed internal audit on their resume, but soft skills such as analytical skills and detail oriented are important as well.

Best States For an Internal Audit Manager

Some places are better than others when it comes to starting a career as an internal audit manager. The best states for people in this position are California, New York, Delaware, and New Jersey. Internal audit managers make the most in California with an average salary of $123,922. Whereas in New York and Delaware, they would average $119,151 and $116,847, respectively. While internal audit managers would only make an average of $116,824 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Internal Audit Manager Jobs:
970
Highest 10% Earn:
$188,000
Location Quotient:
1.53
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. California

Total Internal Audit Manager Jobs:
1,903
Highest 10% Earn:
$190,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. District of Columbia

Total Internal Audit Manager Jobs:
168
Highest 10% Earn:
$192,000
Location Quotient:
2.03
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Internal Audit Manager Employers

1. Robert Half International
4.5
Avg. Salary: 
$111,090
Internal Audit Managers Hired: 
50+
2. KPMG LLP
4.7
Avg. Salary: 
$101,649
Internal Audit Managers Hired: 
32+
3. Protiviti
4.6
Avg. Salary: 
$104,613
Internal Audit Managers Hired: 
31+
4. Morgan Stanley
4.9
Avg. Salary: 
$111,150
Internal Audit Managers Hired: 
19+
5. PricewaterhouseCoopers
4.9
Avg. Salary: 
$101,816
Internal Audit Managers Hired: 
19+
6. American International Group
4.7
Avg. Salary: 
$118,457
Internal Audit Managers Hired: 
15+

Internal Audit Manager Videos

Updated October 2, 2020