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Internal audit manager vs compliance auditor

The differences between internal audit managers and compliance auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an internal audit manager has an average salary of $106,222, which is higher than the $64,606 average annual salary of a compliance auditor.

The top three skills for an internal audit manager include internal controls, risk management and audit reports. The most important skills for a compliance auditor are audit findings, compliance audits, and audit reports.

Internal audit manager vs compliance auditor overview

Internal Audit ManagerCompliance Auditor
Yearly salary$106,222$64,606
Hourly rate$51.07$31.06
Growth rate6%6%
Number of jobs28,40533,704
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 63%
Average age4444
Years of experience--

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.

What does a compliance auditor do?

A compliance auditor is responsible for reviewing the company's policies and procedures, ensuring the organization's adherence to state and federal regulations. Compliance auditors inspect the operations of each department, adjusting internal guidelines as needed. They also inspect the condition of all facilities, including tools and equipment, network systems, and business operations. A compliance auditor mitigates risks by analyzing the operational processes and conducting a risk assessment study to prevent compliance issues that may pose a negative effect on the company's performance and stability.

Internal audit manager vs compliance auditor salary

Internal audit managers and compliance auditors have different pay scales, as shown below.

Internal Audit ManagerCompliance Auditor
Average salary$106,222$64,606
Salary rangeBetween $74,000 And $151,000Between $45,000 And $92,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew Jersey
Best paying companyCitiPayPal
Best paying industryFinanceFinance

Differences between internal audit manager and compliance auditor education

There are a few differences between an internal audit manager and a compliance auditor in terms of educational background:

Internal Audit ManagerCompliance Auditor
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 63%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Internal audit manager vs compliance auditor demographics

Here are the differences between internal audit managers' and compliance auditors' demographics:

Internal Audit ManagerCompliance Auditor
Average age4444
Gender ratioMale, 70.1% Female, 29.9%Male, 38.9% Female, 61.1%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.9% White, 63.3% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between internal audit manager and compliance auditor duties and responsibilities

Internal audit manager example 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.
    • Show more

Compliance auditor example responsibilities.

  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Identify any issues that do not conform to CFR, ICH guidelines and corporate expectations.
  • Research HIPAA information from CMS website in order to determine correct revisions for policies and procedures and develop company-wide communications.
  • Coordinate team meetings, maintain calendars, support team with PowerPoint presentations.
  • Prepare and perform in-house presentations (both in person and using JoinMe) using PowerPoint.
  • Evaluate the level of compliance with company policy, GAAP, contract requirements and applicable rules and regulations.
    • Show more

Internal audit manager vs compliance auditor skills

Common internal audit manager skills
  • Internal Controls, 11%
  • Risk Management, 8%
  • Audit Reports, 8%
  • SOX, 5%
  • Audit Procedures, 4%
  • Ethics, 4%
Common compliance auditor skills
  • Audit Findings, 7%
  • Compliance Audits, 7%
  • Audit Reports, 6%
  • Audit Results, 4%
  • CPT, 4%
  • Compliance Program, 4%

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Updated January 8, 2025

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