IT Audit Manager

Last Updated:
June 29, 2023

Job Description Overview

An IT Audit Manager job description involves conducting audits on information technology systems and processes in order to identify potential risks and ensure compliance with legal and regulatory standards. As an IT Audit Manager, you will be responsible for providing recommendations for improvements and ensuring that remediation activities are carried out. You will also be expected to supervise and review the work of others on your team, and communicate your findings and recommendations to senior leaders in the organization. To be successful in this role, you should have a deep understanding of IT systems and processes, as well as excellent analytical and problem-solving skills. You will also need to have strong communication and interpersonal skills, as you will be working with people at various levels throughout the organization. Overall, the IT Audit Manager job description requires a highly organized and detail-oriented professional who can work independently and as part of a team.

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Job Duties and Responsibilities

  • Leading and managing IT audits, including planning, scoping, executing, and reporting on audit engagements.
  • Identifying and assessing IT-related risks and controls, and providing recommendations to mitigate those risks and improve processes.
  • Collaborating with business and IT leaders to ensure compliance with regulations, standards, and policies.
  • Developing and maintaining audit programs, checklists, and templates to ensure consistency and effectiveness of audits.
  • Meeting with stakeholders to discuss findings and recommendations for improvement, and tracking progress of remediation efforts.
  • Monitoring and staying abreast of emerging technology risks, security threats, and industry trends to ensure audit plans remain relevant and effective.
  • Managing and mentoring a team of IT auditors, providing guidance, coaching, and training to ensure high-quality work and professional development.
  • Maintaining relationships with external auditors and regulators to ensure a seamless and efficient audit process.
  • Communicating effectively, both orally and in writing, to convey complex technical and business concepts to non-technical audiences.
  • Assisting with special projects and initiatives as assigned by senior management.

Experience and Education Requirements

If you want to become an IT Audit Manager, you'll typically need to have a bachelor's degree in computer science, information technology, or a related field. Employers may also require additional certifications, such as Certified Information Systems Auditor (CISA) or Certified in Risk and Information Systems Control (CRISC). It's crucial to have several years of experience in IT auditing or a related field. This will equip you with the necessary knowledge and skills to assess an organization's IT systems for compliance with regulatory standards, identify security risks, and recommend improvements. Moreover, you should have excellent analytical skills, attention to detail, and strong communication skills to work with auditors and other stakeholders.

Salary Range

The expected salary range for an IT Audit Manager in the United States is between $85,000 to $135,000 per year, with an average salary of $109,722 per year. This salary range depends on factors such as the company's size, the IT Audit Manager's level of experience, and the geographic location of the company. For example, IT Audit Managers in San Francisco, California, can expect to earn around 23% higher than the average salary, while IT Audit Managers in Dallas, Texas, can expect to earn around 4% lower than the average salary. In other countries, such as Canada and the United Kingdom, the salary range for IT Audit Managers is slightly lower, with an average salary range of $77,000 to $104,000 per year in Canada and $46,000 to $85,000 per year in the United Kingdom.

Sources:

  • https://www.payscale.com/research/US/Job=ITAuditManager/Salary
  • https://www.glassdoor.com/Salaries/san-francisco-it-audit-manager-salary-SRCHIL.0,13IM759_KO14,32.htm
  • https://www.glassdoor.com/Salaries/dallas-it-audit-manager-salary-SRCHIL.0,6IM218_KO7,24.htm
  • https://www.payscale.com/research/CA/Job=ITAuditManager/Salary
  • https://www.payscale.com/research/UK/Job=ITAuditManager/Salary

Career Outlook

If you're considering a career as an IT Audit Manager, the outlook for the next five years is promising. According to the Bureau of Labor Statistics, jobs in the field of computer and information technology are expected to grow by 11% between 2019-2029 in the US. As technology continues to evolve and companies rely more on digital systems, the demand for IT Audit Managers increases. 

Moreover, the increasing number of cyber-attacks will require IT Audit Managers to assess the security of computer systems and networks, thereby causing companies to increasingly invest in IT Audit Managers. 

A career in IT audit management offers stability, versatility and lucrative pay. So, if you have technical acumen, communication skills, analytical skills and a knack for detail, this field could be your perfect fit.

Frequently Asked Questions (FAQ)

Q: What does an IT Audit Manager do?

A: An IT Audit Manager is responsible for evaluating an organization's information systems, ensuring they are secure, reliable, and compliant with regulations.

Q: What qualifications do you need to become an IT Audit Manager?

A: Most IT Audit Managers have a bachelor's degree in computer science, accounting, or another related field, along with several years of experience in IT or auditing.

Q: What kind of skills does an IT Audit Manager need?

A: An IT Audit Manager needs excellent analytical and communication skills, as well as a deep understanding of IT systems, security, and compliance regulations.

Q: What are the benefits of working as an IT Audit Manager?

A: As an IT Audit Manager, you can expect a competitive salary, many opportunities for career advancement, and the chance to work on challenging and rewarding projects with a talented team of professionals.

Q: What future job possibilities are available for an IT Audit Manager?

A: An IT Audit Manager can progress to upper management roles, such as Chief Information Officer or Chief Audit Officer, or branch out into other related fields, such as risk management or cybersecurity.


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