Manager of Internal Audit – Financial Services

Manager of Internal Audit – Financial Services Job Description

Internal audit managers must possess knowledge of GAAP, as well as financial and accounting applications and financial and operational controls. Professionals also should understand internal auditing standards, COSO framework, and risk-assessment practices. Candidates need strong critical-thinking, communication, and technology skills. A bachelor’s degree in business, accounting, or finance is required; an MBA is preferred, and professional certifications such as the CIA and CPA also may be required. A minimum of five years of experience in accounting or auditing, including supervisory experience, is expected. Travel is often required for this position.

Typical manager of internal audit – financial services duties include:

Managing complex audits and preparing audit reports Performing critical project management duties in the planning, scheduling, coordinating, reviewing, and reporting of the work of audit teams Developing procedures, schedules, priorities, and programs for achieving audit objectives and goals Undertaking comprehensive planning and risk assessments to identify potential business risks Planning, assigning, and supervising the daily activities and work of the audit team Identifying and communicating changes in professional standards, pronouncements, laws, guidelines, and audit requirements to audit staff Developing and maintaining productive client and staff relationships Hiring, training, and supervising internal audit staff

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3M
Audit Committee
Audit Program
Auditing
CobiT
Compliance
Data Mining Techniques
ERP - Enterprise Resource Planning
ERP Solutions
External Audit
Salary for Manager of Internal Audit – Financial Services
107750 - 149750
25th percentile
107750
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
126250
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
149750
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Internal Auditor, 3-5 Years' Experience – Financial Services 76750 99250 110250 Internal Auditor, 1-3 Years' Experience – Financial Services 63500 77750 94000

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