IT Audit Manager Salary in 2024

Salary details

The average IT Audit Manager salary lies between USD 110,000 and USD 200,500 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for IT Audit Manager roles

The three most common job tag items assiciated with IT Audit Manager job listings are Audits, CISA and CISSP. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Audits | 51 jobs CISA | 51 jobs CISSP | 49 jobs CISM | 34 jobs Computer Science | 26 jobs CIA | 24 jobs Risk assessment | 23 jobs Cloud | 22 jobs Compliance | 21 jobs Governance | 20 jobs Strategy | 19 jobs CRISC | 18 jobs NIST | 17 jobs Finance | 16 jobs SOX | 16 jobs Analytics | 15 jobs Risk management | 15 jobs COBIT | 14 jobs Monitoring | 14 jobs Azure | 12 jobs

Top 20 Job Perks/Benefits for IT Audit Manager roles

The three most common job benefits and perks assiciated with IT Audit Manager job listings are Career development, Flex hours and Health care. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 40 jobs Flex hours | 25 jobs Health care | 25 jobs Flex vacation | 18 jobs Insurance | 16 jobs Team events | 15 jobs Equity / stock options | 13 jobs Startup environment | 12 jobs Competitive pay | 8 jobs Travel | 7 jobs Salary bonus | 7 jobs Medical leave | 6 jobs Parental leave | 5 jobs Wellness | 4 jobs 401(k) matching | 3 jobs Unlimited paid time off | 2 jobs Fitness / gym | 1 jobs Conferences | 1 jobs Relocation support | 1 jobs Fertility benefits | 1 jobs

Salary Composition for an IT Audit Manager in InfoSec/Cyber Security

The salary for an IT Audit Manager in the InfoSec/Cyber Security field typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or benefits. The fixed base salary often constitutes the majority of the total compensation package, usually ranging from 70% to 85%. Bonuses can vary significantly depending on the company's performance and individual achievements, often making up 10% to 20% of the total salary. Additional remuneration, which may include stock options, profit-sharing, or other benefits, can account for 5% to 10%.

Regional differences play a significant role in salary composition. For instance, IT Audit Managers in major tech hubs like Silicon Valley or New York City might receive higher base salaries and more substantial stock options compared to those in smaller markets. Industry also impacts salary composition; financial services and tech companies often offer more competitive packages than non-tech industries. Company size can influence the availability and size of bonuses and stock options, with larger companies typically offering more comprehensive packages.

Steps to Increase Salary from an IT Audit Manager Position

To increase your salary from an IT Audit Manager position, consider the following strategies:

• Pursue Advanced Certifications: Obtaining advanced certifications such as Certified Information Systems Auditor (CISA) or Certified Information Security Manager (CISM) can enhance your credentials and make you eligible for higher-paying roles.
• Expand Your Skill Set: Develop expertise in emerging areas like cloud security, data privacy, or artificial intelligence. This can make you more valuable to your current employer or attractive to potential employers.
• Seek Leadership Roles: Transitioning into roles with greater responsibility, such as a Director of IT Audit or Chief Information Security Officer (CISO), can significantly increase your earning potential.
• Network and Build Industry Connections: Engaging with professional networks and attending industry conferences can open up opportunities for higher-paying positions.
• Negotiate Effectively: When offered a new position or during performance reviews, negotiate for higher compensation by highlighting your achievements and market value.

Educational Requirements for an IT Audit Manager

Most IT Audit Manager positions require at least a bachelor's degree in a related field such as Information Technology, Computer Science, or Business Administration. Some employers may prefer candidates with a master's degree, particularly in fields like Cyber Security, Information Systems, or an MBA with a focus on technology management. A strong educational background provides a solid foundation in both technical and managerial aspects of the role.

Helpful Certifications for an IT Audit Manager

Certifications are crucial in the InfoSec/Cyber Security field, and several are particularly beneficial for IT Audit Managers:

• Certified Information Systems Auditor (CISA): This certification is highly regarded and often considered essential for IT audit professionals.
• Certified Information Security Manager (CISM): Focuses on management and governance aspects of information security.
• Certified Information Systems Security Professional (CISSP): Provides a broad understanding of security concepts and practices.
• Certified Internal Auditor (CIA): Useful for those focusing on internal audit processes.
• Certified in Risk and Information Systems Control (CRISC): Emphasizes risk management and control.

Experience Required for an IT Audit Manager

Typically, an IT Audit Manager is expected to have 5 to 10 years of experience in IT auditing, information security, or a related field. This experience should include a mix of technical skills, such as understanding network security and data protection, and managerial skills, such as leading audit teams and managing projects. Experience in specific industries, like finance or healthcare, can be advantageous due to the unique regulatory requirements in these sectors.

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