SVP of Audit and Business Controls Salary in the United States

The SVP of Audit and Business Controls establishes the auditing governance framework and procedures to attain long-term auditing objectives. Develops, leads, and executes a comprehensive enterprise-wide internal auditing strategy, function, and practice adhering to auditing standards and regulatory requirements. Being a SVP of Audit and Business Controls engages with other functions across the enterprise, like risk, finance, information technology, and security, to facilitate audits. Directs the creation of annual audit plans. In addition, SVP of Audit and Business Controls delivers audit reports to leadership and recommends enhanced controls or processes as needed. Sets goals for the auditing team and builds expertise with coaching and developmental initiatives. Requires a bachelor's degree. Requires a Certified Public Accountant (CPA). May require Certified Internal Auditor (CIA). Typically reports to top management. The SVP of Audit and Business Controls manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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