Internal Audit Jobs in Boston, Massachusetts: Salary Overview and Job Description

Boston, Massachusetts, is a thriving hub for finance and auditing, offering numerous Internal Audit job opportunities. This article provides an overview of Internal Audit jobs in Boston, including salary ranges, job descriptions, and industry-specific requirements.

Salary Overview: Internal Audit Jobs in Boston, Massachusetts

Job Title                             Salary Range

Internal Auditor                  $60,000 – $110,000

Senior Internal Auditor       $80,000 – $140,000

Internal Audit Manager      $100,000 – $180,000

Internal Audit Director       $140,000 – $220,000

Chief Audit Executive       $180,000 – $250,000

Job Description: Internal Auditor

Key Responsibilities:

1. Audit Planning: Plan and execute audit engagements.
2. Risk Assessment: Identify and assess business risks.
3. Audit Testing: Perform audit testing and evaluation.
4. Financial Analysis: Conduct financial analysis and review.
5. Audit Reporting: Prepare audit reports and presentations.
6. Compliance: Ensure compliance with regulations.
7. Process Improvement: Identify opportunities for process improvement.

Requirements

1. Education: Bachelor’s degree in Accounting, Finance, or related field; CPA or CIA preferred.
2. Experience: Minimum 2-5 years of auditing experience.
3. Language Skills: Fluency in English.
4. Technical Skills: Proficiency in audit software.
5. Soft Skills: Strong communication, analytical, and problem-solving abilities.

Industry-Specific Requirements

1. Healthcare: Knowledge of healthcare auditing regulations.
2. Financial Services: Familiarity with financial services auditing regulations.
3. Technology: Understanding of technology auditing.
4. Non-Profit: Knowledge of non-profit auditing.

Career Path and Progression

1. Internal Auditor → Senior Internal Auditor
2. Senior Internal Auditor → Internal Audit Manager
3. Internal Audit Manager → Internal Audit Director
4. Internal Audit Director → Chief Audit Executive

Challenges and Opportunities

1. Regulatory Complexity: Navigate complex regulatory environment.
2. Risk Management: Identify and mitigate business risks.
3. Growth Opportunities: Identify emerging opportunities in auditing.
4. Talent Development: Attract and retain top auditing talent.

Job Opportunities in Boston, Massachusetts

1. Fidelity Investments
2. State Street Corporation
3. Boston Medical Center
4. Massachusetts General Hospital
5. Biogen
6. Boston University
7. Harvard University
8. Massachusetts Institute of Technology (MIT)
9. Liberty Mutual Insurance
10. Eastern Bank

Top Job Titles in Boston, Massachusetts

1. Internal Auditor
2. Senior Internal Auditor
3. Internal Audit Manager
4. Internal Audit Director
5. Chief Audit Executive
6. Audit Manager
7. Risk Management Manager
8. Compliance Manager
9. Financial Analysis Manager
10. Internal Controls Manager

Skills Required

1. Audit planning and execution
2. Risk assessment
3. Audit testing
4. Financial analysis
5. Audit reporting
6. Compliance
7. Process improvement
8. Communication and interpersonal skills
9. Analytical and problem-solving skills
10. Audit software proficiency

Average Salary Growth Rate: 4-6% per annum

Job Satisfaction Rate: 8/10

Conclusion

Internal Audit jobs in Boston, Massachusetts, offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Boston is an attractive destination for auditing professionals.

If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com