FAQ about SOX Compliance Program Analyst
1. What is a SOX compliance specialist?
A SOX Compliance Program Analyst ensures the reliability of financial reporting and adherence to Sarbanes-Oxley standards. They conduct internal controls tests and implement necessary policies to meet legal requirements, fostering trust among investors. Salaries for this role range from $70,750 to $90,640, with a midpoint of $79,990.
2. How much is SOX compliance?
Sarbanes-Oxley compliance costs can vary significantly. While many organizations spend $500,000 or less annually, the salary for a SOX Compliance Program Analyst ranges from $70,750 to $90,640, with a midpoint of $79,990. This reflects the investment in skilled professionals necessary for effective compliance management.
3. Do you need a degree to be a compliance analyst?
To become a compliance analyst, a bachelor's degree is typically required. The salary for a SOX Compliance Program Analyst ranges from $70,750 to $90,640, with a median salary of $79,990. This reflects the importance of education and expertise in the field, as well as the potential for competitive compensation.
4. How much do compliance analysts make in the US?
The salary for a SOX Compliance Program Analyst in the US ranges from $70,750 to $90,640, with a median salary of $79,990. Factors influencing these salaries include location, experience, certifications, company size, and industry. Experienced analysts can earn significantly more, reflecting the demand for skilled professionals in this field.
5. What is the salary of SOX program manager?
The salary for a SOX Compliance Program Analyst ranges from $70,750 to $90,640, with a midpoint average of $79,990 per year. These figures reflect the typical compensation for this role, based on collected salary data.
6. Which company pays program managers the most?
While popular companies like Microsoft, Amazon, and Google offer high salaries for Program Managers, the salary range for a SOX Compliance Program Analyst is more modest, with a minimum of $70,750, a mid-range of $79,990, and a maximum of $90,640. This reflects the specialized nature of the role compared to broader program management positions.