What is an Internal Audit Supervisor Job?
An Internal Audit Supervisor is a professional who is responsible for overseeing the internal audit process within an organization. This is a crucial role as it ensures that the organization's internal controls are well-functioning and effective. The Internal Audit Supervisor is also responsible for identifying areas of risk within the organization and developing strategies to mitigate them.
What usually do in this position?
The Internal Audit Supervisor is responsible for managing a team of internal auditors who are responsible for performing audits on various departments within the organization. The supervisor is responsible for identifying areas of risk, designing audit plans, and ensuring that the audits are performed in a timely and efficient manner. The supervisor is also responsible for presenting audit findings to senior management and making recommendations for improvements.
Top 5 skills for the position:
- Strong analytical skills
- Excellent communication skills
- Ability to work independently
- Attention to detail
- Leadership skills
How to become this type of specialist?
To become an Internal Audit Supervisor, you typically need a bachelor's degree in accounting, finance, or a related field. Many organizations prefer candidates with a master's degree in business administration or a related field. You also need several years of experience in internal auditing or a related field.
Average Salary:
According to salary.com, the average salary for an Internal Audit Supervisor in the United States is $100,000 to $120,000 per year depending on the location, size of the organization, and level of experience.
Roles and Types:
Internal Audit Supervisors work in various industries, including finance, healthcare, government, and retail. There are also different types of Internal Audit Supervisors, such as IT Audit Supervisors, Operational Audit Supervisors, and Financial Audit Supervisors.
Locations with the most popular jobs in the USA:
The most popular locations for Internal Audit Supervisor jobs in the United States are New York City, Houston, Chicago, Los Angeles, and Atlanta. These cities have a high demand for Internal Audit Supervisors due to the large number of companies located there.
What are the typical tools?
Internal Audit Supervisors use a variety of tools to perform audits, including data analysis software, accounting software, and auditing software. They also use spreadsheets and databases to organize and analyze data.
In conclusion:
Internal Audit Supervisors play a critical role in ensuring that an organization's internal controls are effective and functioning properly. They are responsible for managing a team of auditors, identifying areas of risk, designing audit plans, and presenting findings to senior management. To become an Internal Audit Supervisor, you typically need a bachelor's degree in accounting or finance, several years of experience, and strong analytical and communication skills. The average salary for an Internal Audit Supervisor is $100,000 to $120,000 per year depending on the location, size of the organization, and level of experience.