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How to hire an internal audit manager

Internal audit manager hiring summary. Here are some key points about hiring internal audit managers in the United States:

  • There are currently 48,166 internal audit managers in the US, as well as 28,405 job openings.
  • Internal audit managers are in the highest demand in New York, NY, with 95 current job openings.
  • The median cost to hire an internal audit manager is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new internal audit manager to become settled and show total productivity levels at work.

How to hire an internal audit manager, step by step

To hire an internal audit manager, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire an internal audit manager, you should follow these steps:

Here's a step-by-step internal audit manager hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write an internal audit manager job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new internal audit manager
  • Step 8: Go through the hiring process checklist

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.

Learn more about the specifics of what an internal audit manager does
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  1. Identify your hiring needs

    First, determine the employments status of the internal audit manager you need to hire. Certain internal audit manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    An internal audit manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, internal audit managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    The following list breaks down different types of internal audit managers and their corresponding salaries.

    Type of Internal Audit ManagerDescriptionHourly rate
    Internal Audit ManagerAccountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time... Show more$35-72
    Auditor/QualityA quality auditor is responsible for inspecting the company's services and products, ensuring its adherence to business requirements and internal regulations. Quality auditors analyze the efficiency of operational functions and production processes to maintain high-quality deliverables with the utmost consideration for the safety and security of the production staff... Show more$11-24
    Audit InternshipAn audit intern is responsible for assisting the finance department in processing financial reports, analyzing account statements, releasing invoices, and conducting tax audits. Audit interns shadow tenured staff on the operation procedures to familiarize themselves with work processes... Show more$15-34
  2. Create an ideal candidate profile

    Common skills:
    • Internal Controls
    • Risk Management
    • Audit Reports
    • SOX
    • Audit Procedures
    • Ethics
    • Sarbanes-Oxley
    • Audit Findings
    • Financial Audits
    • Audit Process
    • Business Processes
    • External Auditors
    • Process Improvement
    • GAAP
    Check all skills
    Responsibilities:
    • Manage financial reconciliation, bill pay, and budgeting using Quickbooks.
    • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
    • Define metrics to determine ROI of programs.
    • Assist external CPA firm with annual financial statement audits.
    • Provide oversight and monitoring of provision accounts, fee waivers, and reps and warranties.
    • Provide oversight and expertise for internal investigators.
    More internal audit manager duties
  3. Make a budget

    Including a salary range in your internal audit manager job description helps attract top candidates to the position. An internal audit manager salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for an internal audit manager in Wyoming may be lower than in California, and an entry-level internal audit manager usually earns less than a senior-level internal audit manager. Additionally, an internal audit manager with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average internal audit manager salary

    $106,222yearly

    $51.07 hourly rate

    Entry-level internal audit manager salary
    $74,000 yearly salary
    Updated December 5, 2025

    Average internal audit manager salary by state

    RankStateAvg. salaryHourly rate
    1California$137,004$66
    2New York$125,469$60
    3New Jersey$124,240$60
    4District of Columbia$123,788$60
    5Massachusetts$113,625$55
    6Connecticut$113,390$55
    7Washington$111,922$54
    8Michigan$102,235$49
    9Arizona$102,032$49
    10Maryland$101,069$49
    11Colorado$100,558$48
    12Minnesota$100,245$48
    13Pennsylvania$99,982$48
    14North Carolina$99,710$48
    15Texas$99,258$48
    16Illinois$97,669$47
    17Georgia$97,371$47
    18Missouri$94,679$46
    19Virginia$94,578$45
    20Florida$92,698$45

    Average internal audit manager salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Citi$173,633$83.48
    2Meta$173,141$83.24
    3Yelp$157,444$75.69
    4UiPath$154,820$74.43
    5Chegg$154,180$74.13
    6Walgreens$153,556$73.83
    7Atlassian$153,444$73.77
    8City National Bank$151,975$73.0613
    9Cano Health$150,851$72.526
    10SoFi$150,358$72.295
    11Square$150,354$72.29
    12First Republic Bank$149,277$71.77
    13GFI Group$146,611$70.49
    14MasterBrand Cabinets$145,256$69.83
    15Dolby Laboratories$144,368$69.41
    16Starbucks$142,099$68.32
    17Estée Lauder$141,553$68.05
    18AMC Networks$140,894$67.74
    19Goldman Sachs$140,202$67.409
    20Morgan Stanley$139,608$67.128
  4. Writing an internal audit manager job description

    A good internal audit manager job description should include a few things:

    • Summary of the role
    • List of responsibilities
    • Required skills and experience

    Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of an internal audit manager job description:

    Internal audit manager job description example

    Who we are:
    Want to make an impact? Join our pack and come work (and play!) with us.

    We believe everyone deserves the unconditional love of a pet-and at Rover, our mission is to make it easier to experience that love. Founded in 2011, the Rover app and website connect dog and cat parents with loving pet sitters and dog walkers in neighborhoods across the US, Canada, and Europe. We empower our community of trusted pet sitters and dog walkers to run their own pet care businesses on Rover with the tools and security of a global company to back them.

    Headquartered in Seattle, Washington, we work closely with our teams in Barcelona, London, San Antonio, Spokane and remote locations. We've got a reputation for being a great place to work, having been named among the 100 Best Companies to Work For in Seattle Business Magazine and Washington's Best Workplaces in the Puget Sound Business Journal. We're an agile, fast-growing company, and our leadership comes from some of the world's most respected tech companies.

    At Rover, our furry coworkers are just as important as our human ones-and we wouldn't have it any other way. Along with making the joys of pet parenthood more accessible, we're committed to fostering a diverse, inclusive, and welcoming community of pet people-and that starts with our employees.

    Who we're looking for:

    Rover has seen tremendous growth and success over its ten-year history, including our entry into the public markets in the summer of 2021. We are seeking an experienced leader, reporting to both the CFO and the Audit Committee, to direct our internal audit function and build out a high-performing team of auditors. The primary responsibility of this role would be to lead our SOX compliance program, initially directing a team of outsourced internal auditors and then managing the transition to an in-house testing team, and to coordinate the company's response to external audit requirements under SOX s404(b). Over time, we expect the internal audit function to take on additional responsibilities including, but not limited to, business and IT risk assessments, business process reviews and other compliance audits. The role will require deep expertise in SOX compliance and auditing, the ability to understand and assess risk within a complex IT environment, and sophisticated project management skills. The ideal candidate is a self-starter and effective communicator, has strong organizational and analytical skills, thrives on the opportunity to work with a large and diverse set of stakeholders, and is able to balance objective assessment with constructive feedback for stakeholders.
    Your Qualifications:10+ years experience in internal audit and risk management, with recent experience in a senior level audit leadership role within a publicly traded company or Big 4 accounting firm Bachelors degree or equivalent in accounting or business-related field; CIA, CPA , CISA or other relevant professional certification expected Practical knowledge of and experience with the Sarbanes-Oxley Act of 2002 and the COSO (Committee of Sponsoring Organizations) control framework Ability to establish strategies, build plans and develop/manage a team of auditors Excellent communication skills to build strong relationships with a broad range of stakeholders across the business and to present findings effectively to senior leadership and directors Demonstrated ability to interact effectively with various levels of the organization (up to and including executives and directors), service providers, and vendors Problem solver who loves to continuously learn and who isn't afraid to take on new challenges, while knowing when to ask for help Results-oriented, with a track record of scaling, leading, and driving improvements
    Your Responsibilities:Oversee the development and execution of the company's SOX compliance program, including the identification of in-scope processes/systems and the design of the annual testing cycle Manage our existing outsourced internal auditors while building out a team of in-house auditors, then coordinate the transition from the outsourced to the in-house model Act as the key point of contact for the company's external auditors and process owners on all matters related to SOX compliance, including evaluation and resolution of identified control deficiencies Coordinate with IT leadership & GRC on the design, implementation and evaluation of IT general and automated system controls, configurations and key reports Report on the status of our SOX compliance program to senior leadership and the Audit Committee, including evaluation of identified control deficiencies Prepare periodic risk assessments, identify areas of opportunity for improvements in processes and controls, and provide appropriate training to internal stakeholders As necessary, plan and execute audit procedures to assess compliance with PCI-DSS, GDPR, and other regulations (aside from SOX) that might be applicable to the company
    Benefits of working at Rover: Competitive compensation 401k Match Equity Flexible PTO Competitive benefits package, including medical, dental, and vision insurance Commuter benefits Bring your dog to work (and unlimited puppy time) Pet benefits, including $1,000 toward adopting your first dog or cat Stocked fridges, coffee, soda, and lots of treats (for humans and dogs) and free catered lunches semi-monthly (currently on hold due to COVID-19) Regular team activities, including happy hours, snow tubing, game nights, and more (currently performed virtually due to COVID-19)
    Rover is an equal opportunity employer committed to promoting a diverse, inclusive and inventive environment with the best employees. We're driven by seeing our people succeed and grow, and we work to ensure everyone contributes to their fullest potential. We consider all qualified applicants without regard to age, race, color, ancestry, national origin, religion, disability, protected veteran status, sex, gender identity or expression, sexual orientation, or any other protected status in accordance with applicable laws, regulations and ordinances.

    We are committed to work with you to look for reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
  5. Post your job

    There are various strategies that you can use to find the right internal audit manager for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your internal audit manager job on Zippia to find and attract quality internal audit manager candidates.
    • Use niche websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
    • Post a job on free websites.
  6. Interview candidates

    Recruiting internal audit managers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

    Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new internal audit manager

    Once you have selected a candidate for the internal audit manager position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

    It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

    Once that's done, you can draft an onboarding schedule for the new internal audit manager. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire an internal audit manager?

Before you start to hire internal audit managers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire internal audit managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.

You can expect to pay around $106,222 per year for an internal audit manager, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for internal audit managers in the US typically range between $35 and $72 an hour.

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