How much does a Audit Manager make?
An Audit Manager plays an important role in ensuring that businesses and organizations comply with legal standards. Their job involves planning and conducting audits, reviewing records, and reporting findings. It's a critical position that requires a lot of experience and expertise.
According to recent data, Audit Managers can expect to earn a substantial salary. The average yearly salary for this role is around $129,217. This amount can vary based on several factors. These include the size of the organization, the industry, and the specific responsibilities of the job. Some Audit Managers earn significantly more, with top earners making upwards of $222,000 per year.
Breaking down the salary figures, here are some key points:
- The lowest 10% of earners make about $71,346.
- The next 20% make between $85,060 and $112,488.
- The middle 50% earn between $112,488 and $153,630.
- The highest 10% earn over $167,344.
This data shows that there are good opportunities for growth in this field, especially for those who gain more experience and take on greater responsibilities.
What are the highest paying cities for a Audit Manager?
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Minneapolis, MN
Average Salary: $163,420
In Minneapolis, professionals oversee audits at top companies like Target and U.S. Bank. The city offers a robust economy and numerous opportunities for career growth. The local business environment fosters innovation and excellence in audit management.
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Philadelphia, PA
Average Salary: $155,601
Philadelphia is home to prominent companies such as Comcast and Independence Blue Cross. Working here, an audit manager plays a key role in ensuring compliance. The city's rich history and vibrant culture add to the professional experience.
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St. Louis, MO
Average Salary: $153,816
St. Louis offers a dynamic setting for audit managers, with companies like Enterprise Holdings and Edward Jones. The city's focus on finance and insurance creates a strong demand for skilled professionals. A rewarding career awaits those who value stability and growth.
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San Antonio, TX
Average Salary: $149,416
San Antonio is a thriving city with key employers like Valero Energy and H-E-B. Here, audit managers contribute to the financial strength of the region. The warm climate and rich cultural scene make it a desirable place to work.
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Charlotte, NC
Average Salary: $146,521
In Charlotte, audit managers find opportunities at leading firms such as Bank of America and Duke Energy. The city's fast-growing economy offers a promising landscape for professionals. Charlotte combines business success with a high quality of life.
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Nashville, TN
Average Salary: $140,436
Nashville's music and entertainment industries create unique challenges and opportunities. Working here, an audit manager can find roles at companies like Nashville Electric Service and Bridgestone Americas. The city’s growing tech sector adds to its appeal.
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Riverside, CA
Average Salary: $136,136
Riverside offers a blend of suburban charm and urban amenities. Audit managers here can work with companies such as Riverside National Bank and UCR Health. The area’s economic diversity makes it an attractive place for career development.
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San Jose, CA
Average Salary: $136,110
San Jose, part of Silicon Valley, is ideal for those in the tech sector. Audit managers find roles at firms like PayPal and Intel. The city's innovative spirit and dynamic job market make it an excellent place for professionals.
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Hartford, CT
Average Salary: $135,640
Hartford, the insurance capital of the world, provides many opportunities for audit managers. Working with companies like Aetna and Travelers, professionals help maintain financial integrity. The city’s historic charm and cultural institutions add to the experience.
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Seattle, WA
Average Salary: $134,856
Seattle offers a vibrant business scene with companies like Amazon and Starbucks. Audit managers here ensure compliance and drive efficiency. The city’s natural beauty and progressive environment make it a great place to build a career.
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What are the best companies a Audit Manager can work for?
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Wells Fargo
Average Salary: $184,060
Wells Fargo offers rewarding Audit Manager roles across the United States. They focus on financial services and aim for high standards in auditing. Locations include major cities like New York, San Francisco, and Charlotte.
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USAA
Average Salary: $166,055
USAA provides excellent opportunities for Audit Managers, specializing in financial services for military and their families. The company operates nationwide with significant offices in San Antonio, Charlotte, and Jacksonville.
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TEEMA
Average Salary: $160,000
TEEMA is known for its strong Audit Manager positions, focusing on government contracting. It operates across the country with major locations in Washington, D.C., and Atlanta.
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Citi
Average Salary: $143,435
Citi offers competitive salaries for Audit Managers, providing roles in financial services. They have a global presence with key offices in New York, London, and Hong Kong.
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CBIZ
Average Salary: $137,440
CBIZ offers robust Audit Manager roles, focusing on accounting and advisory services. They operate across the United States with major locations in Cleveland, Denver, and Minneapolis.
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Robert Half
Average Salary: $136,810
Robert Half provides diverse Audit Manager positions in accounting and finance. They have a nationwide presence with significant offices in Los Angeles, Chicago, and New York.
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Crowe LLP
Average Salary: $136,500
Crowe LLP offers Audit Manager roles in public accounting. They operate in many cities across the United States, including Chicago, Denver, and New York.
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NOVOGRADAC & COMPANY
Average Salary: $136,068
NOVOGRADAC & COMPANY provides Audit Manager positions focused on community development and finance. Their offices are primarily in New York, San Francisco, and Washington, D.C.
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Baker Tilly
Average Salary: $135,671
Baker Tilly offers Audit Manager roles with a focus on accounting and advisory services. They operate nationwide with key locations in Chicago, Los Angeles, and New York.
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Aprio
Average Salary: $132,047
Aprio provides Audit Manager positions in accounting and advisory services. They have offices across the United States, with major locations in New York, San Francisco, and Los Angeles.
How to earn more as a Audit Manager?
Becoming an Audit Manager opens up many opportunities for career growth and increased earnings. The role involves overseeing audits, ensuring compliance, and managing teams. Here are key steps to boost your earnings in this position.
Firstly, gaining experience plays a crucial role. More experience makes you more valuable to employers. Start with entry-level auditing roles and work your way up. Look for opportunities to take on more responsibility. This progression can lead to higher-paying positions. Experience allows you to handle complex audits and manage larger teams. Employers often value seasoned professionals willing to take on leadership roles.
Secondly, obtaining advanced certifications can enhance your skills and increase your earning potential. Certifications like Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) can make you more attractive to employers. These credentials show your expertise and commitment to the field. They can also open doors to higher-paying roles. Research which certifications are most valued in your industry and pursue them.
Another important factor is developing strong leadership skills. As an Audit Manager, you will lead teams and manage projects. Excellent leadership can boost team performance and company success. Consider taking courses or attending workshops to improve these skills. Effective leaders can often negotiate higher salaries. They may also have more opportunities for promotions.
Networking is also key. Building relationships with other professionals in your field can lead to better job opportunities. Attend industry events, join professional organizations, and connect with peers on LinkedIn. A strong professional network can help you learn about high-paying positions. It can also lead to referrals and recommendations.
Lastly, always stay updated with the latest industry trends and regulations. The auditing field is always changing. Keeping up-to-date can give you an edge. It can also make you more valuable to employers. Continuous learning can lead to new opportunities and higher earnings.
By focusing on these factors, Audit Managers can increase their earnings and advance their careers. Gaining experience, obtaining certifications, developing leadership skills, networking, and staying informed are all key steps to earning more in this role.
