What is an audit manager and how to become one

Updated January 8, 2025
4 min read
Quoted Expert
Janet Tarase
introduction image

An audit manager oversees the auditing process of an organization. They ensure that financial records appear accurate and comply with legal and regulatory requirements. An audit manager also supervises a team of auditors, assigns tasks, and develops audit plans. They work with senior management to identify financial risks and recommend improvements to internal controls. Additionally, they prepare audit reports and present them to stakeholders. An audit manager possesses analytical, communication, and leadership skills.

What general advice would you give to an Audit Manager?

J

Janet Tarase

Lead Accounting Faculty / Accounting Department Chair, Red Rocks Community College

Create a vision board to set your yearly objectives and a long-term strategic plan that includes your professional and personal goal aspirations; be prepared to modify both of these guides as things change in your life. Join LinkedIn, if you haven't already, update it and make sure it is current. Make connections with a local professionals' group and create a network of like-minded, goal-oriented individuals. Also find a mentor or ask senior employees for their advice and counseling. Clean up your social media accounts or at the very least mark your questionable content as private so you are not sharing it publicly; become the professional you want to be. Continue your professional development, either through your employer, free online programs, or by furthering your education. Keep track of your accomplishments and continue to update your biography and resume. Finally, be appreciative and modest - thank those that help you and make sure to acknowledge those who participated in your successes.
ScoreAudit ManagerUS Average
Salary
8.2

Avg. Salary $121,419

Avg. Salary $59,228

Stability Level
9.5

Growth Rate 17%

Growth Rate 0.3%

Diversity
3.3
Race

American Indian and Alaska Native 0.34%

Asian 10.18%

Black or African American 7.59%

Hispanic or Latino 14.54%

Unknown 4.11%

White 63.24%

Gender

female 34.03%

male 65.97%

Age - 46
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46
Stress Level
9.5

Stress level is very high

7.1 - high

Complexity Level
9.1

Complexity Level is advanced

7 - challenging

Work Life Balance
4.9

Work Life balance is fair

6.4 - fair

What are the pros and cons of being an Audit Manager?

Pros

  • High salary potential

  • Exposure to a variety of industries and companies

  • Challenging and intellectually stimulating work

  • Ability to make a significant impact on organizations

  • Job security and stability

Cons

  • Potential for conflict with clients or colleagues

  • Can be repetitive and monotonous work at times

  • Requires a significant amount of documentation and reporting

  • Potential for legal liability if mistakes are made

  • Limited opportunities for creative thinking or innovation

Audit Manager career paths

Key steps to become an audit manager

  1. Explore audit manager education requirements

    Most common audit manager degrees

    Bachelor's

    75.4 %

    Master's

    16.0 %

    Associate

    4.6 %
  2. Start to develop specific audit manager skills

    Skills
    ascdesc
    Percentages
    ascdesc
    CPA14.10%
    Internal Audit6.46%
    Audit Reports5.97%
    Audit Engagements5.49%
    Financial Services5.48%
  3. Complete relevant audit manager training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New audit managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an audit manager based on U.S. Bureau of Labor Statistics data and data from real audit manager resumes.
  4. Research audit manager duties and responsibilities

    • Manage a review for a large insurance company to ensure compliance with HIPAA law.
    • Manage audits in all divisions and ensure all accounting transactions are perform in accordance with GAAP.
    • Lead ERM development, implementation, risk assessment reviews, reporting, improvement/remediation, & continuous monitoring.
    • Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
  5. Prepare your audit manager resume

    When your background is strong enough, you can start writing your audit manager resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an audit manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Audit Manager Resume templates

    Build a professional Audit Manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Audit Manager resume.
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  6. Apply for audit manager jobs

    Now it's time to start searching for an audit manager job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Audit Manager Job

Zippi

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Average audit manager salary

The average Audit Manager salary in the United States is $121,419 per year or $58 per hour. Audit manager salaries range between $82,000 and $178,000 per year.

Average Audit Manager Salary
$121,419 Yearly
$58.37 hourly

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How do audit managers rate their job?

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Audit Manager reviews

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A zippia user wrote a review on Sep 2019
Cons

nothing really i like all things about being a Senior Auditor.

Pros

The pay check


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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