How much does an Audit/Compliance Director make hourly at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average hourly wage for an Audit/Compliance Director at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $93 as of March 26, 2024, but the range typically falls between $84 and $103. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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The Audit/Compliance Director implements the auditing governance framework and procedures to attain long-term auditing objectives. Directs and executes a comprehensive enterprise-wide internal auditing strategy, function, and practice adhering to auditing standards and regulatory requirements. Being an Audit/Compliance Director engages with other functions across the enterprise, like risk, finance, information technology, and security, to facilitate audits. Directs the projects, teams, and tasks required to produce annual audit plans. In addition, Audit/Compliance Director prepares audit reports and recommends enhanced controls or processes as needed. Builds auditing teams and 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 Audit/Compliance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as an Audit/Compliance Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
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