Internal Audit Manager Salary in South Africa

In South Africa, Internal Audit Manager professionals command an average salary of R85 001 monthly. The compensation structure reflects the specialized nature of this finance role, with earnings potential between R40 000 and R813 750 monthly. The field demonstrates promising career prospects with 6% expected growth and high employment demand.

Internal Audit Manager Salary Breakdown

Leads and manages the internal audit function within an organization, developing audit plans, overseeing audit engagements, and reporting findings to senior management and the audit committee. This role ensures effective risk management, internal controls, and governance processes.

Salary Component	Amount (Monthly)
Minimum Salary	R40 000
Average Salary	R85 001
Maximum Salary	R813 750
Category	Finance
Growth Rate	6%
Market Demand	High

Requirements & Qualifications

Bachelor's Degree in Accounting, Auditing, Finance, or a related field; relevant certifications such as CIA (Certified Internal Auditor) or CA(SA) are highly preferred.

Extensive proven experience in internal audit, with significant experience in a managerial or leadership capacity.

Strong knowledge of internal auditing standards (e.g., IIA IPPF), corporate governance, and risk management frameworks (e.g., COSO).

Excellent analytical, critical thinking, and problem-solving skills.

Strong leadership, team management, and mentoring abilities.

Exceptional communication and presentation skills for reporting to senior stakeholders.

Ability to develop and execute comprehensive audit plans.

Strong ethical conduct and independence.

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Avg Salary