Internal Audit Jobs in Washington, D.C.

Washington, D.C. is a hub for internal audit professionals, offering numerous job opportunities in various industries. This article provides an overview of internal audit jobs in Washington, D.C., including salary ranges, job descriptions, and industry-specific requirements.

Salary Overview: Internal Audit Jobs in Washington, D.C.

Internal Auditor:        $60,000 – $100,000

Senior Internal Auditor: $80,000 – $120,000

Internal Audit Manager:  $90,000 – $140,000

Internal Audit Director: $110,000 – $160,000

Chief Audit Executive:   $140,000 – $200,000

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 and policies.

Requirements

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

Industry-Specific Requirements

1. Government Contracting: Knowledge of government contracting regulations.
2. Non-Profit: Understanding of non-profit finance and fundraising.
3. Real Estate: Familiarity with real estate finance and development.
4. Technology: Knowledge of technology finance and innovation.

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. Economic Volatility: Manage financial risks amidst economic uncertainty.
3. Growth Opportunities: Identify emerging opportunities in internal audit.
4. Talent Development: Attract and retain top internal audit talent.

Job Opportunities in Washington, D.C.

1. Deloitte
2. Ernst & Young
3. KPMG
4. PricewaterhouseCoopers
5. RSM
6. BDO
7. Grant Thornton
8. Crowe Horwath
9. Baker Tilly
10. Booz Allen Hamilton

Top Job Titles in Washington, D.C.

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

Skills Required

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

Average Salary Growth Rate: 5-7% per annum

Job Satisfaction Rate: 8/10

Conclusion

Internal audit jobs in Washington, D.C. offer challenging and rewarding career opportunities. With competitive salaries and growing demand, Washington, D.C. is an attractive destination for internal audit professionals.

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