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Internal auditor vs senior internal auditor

The differences between internal auditors and senior internal auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior internal auditor has an average salary of $80,920, which is higher than the $63,013 average annual salary of an internal auditor.

The top three skills for an internal auditor include CPA, risk management and SOX. The most important skills for a senior internal auditor are internal audit, process improvement, and compliance audits.

Internal auditor vs senior internal auditor overview

Internal AuditorSenior Internal Auditor
Yearly salary$63,013$80,920
Hourly rate$30.29$38.90
Growth rate6%6%
Number of jobs25,57124,545
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 78%
Average age4444
Years of experience--

What does an internal auditor do?

An internal auditor is an individual who takes responsibility for crucial accounting functions in an organization. Internal auditors have trusted consultants who advise upper management on how to handle corporate goals and risks. They review the business operations and processes of organizations. They have to assess the efficacy of the company's risk management procedures. They are expected to have superb communication skills, IT knowledge, and math aptitude. Also, they help protect the organization from potential theft and fraud of its assets.

What does a senior internal auditor do?

A Senior Internal Auditor performs the planning and execution of regulatory, financial, and operational audits. They supervise auditors work and make recommendations through giving them review notes.

Internal auditor vs senior internal auditor salary

Internal auditors and senior internal auditors have different pay scales, as shown below.

Internal AuditorSenior Internal Auditor
Average salary$63,013$80,920
Salary rangeBetween $45,000 And $86,000Between $62,000 And $105,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyMetaNetflix
Best paying industryManufacturingFinance

Differences between internal auditor and senior internal auditor education

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

Internal AuditorSenior Internal Auditor
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Internal auditor vs senior internal auditor demographics

Here are the differences between internal auditors' and senior internal auditors' demographics:

Internal AuditorSenior Internal Auditor
Average age4444
Gender ratioMale, 54.6% Female, 45.4%Male, 61.4% Female, 38.6%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.9% White, 63.1% American Indian and Alaska Native, 0.5%Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.3% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between internal auditor and senior internal auditor duties and responsibilities

Internal auditor example responsibilities.

  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Work with department analyst to create measurement tools and methods for communicating results and managing QA analysis in compiling/reporting results.
  • Conduct complex performance audits, fraud investigations, special projects and routine follow-up reviews in accordance with IIA standards.
  • Perform tests of critical controls in compliance with Sarbanes-Oxley legislation and report results utilizing company compliance tool to validate SOX checklist.
  • Develop company FDA policy & procedures for liquid oxygen small bulk delivery vessels.
  • Perform planning, compliance testing, substantive analysis and testing in accordance with GAAS.
  • Show more

Senior internal auditor example responsibilities.

  • Schedule, plan, conduct fieldwork and report writing of audits using a COSO base audit methodology managing staff on audits.
  • Manage and coordinate annual external business evaluation in conjunction with CPA consultants.
  • Conduct audit reviews, document business processes, and evaluate internal controls base on Sarbanes-Oxley good governance standards and policies.
  • Execute or review Sarbanes-Oxley internal controls testing for various business processes and evaluate business systems to determine their efficiency and effectiveness
  • Enhance work paper standards according to IIA framework.
  • Confirm that internal controls are properly map to financial statement assertions to ensure that all COSO assertions are met.
  • Show more

Internal auditor vs senior internal auditor skills

Common internal auditor skills
  • CPA, 8%
  • Risk Management, 5%
  • SOX, 5%
  • Audit Findings, 5%
  • Audit Procedures, 5%
  • Internal Audit Function, 5%
Common senior internal auditor skills
  • Internal Audit, 12%
  • Process Improvement, 8%
  • Compliance Audits, 7%
  • SOX, 5%
  • Audit Reports, 4%
  • Risk Management, 4%

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