How much does a Top Audit Executive make in Washington? The average Top Audit Executive salary in Washington is $303,718 as of February 26, 2024, but the range typically falls between $269,689 and $346,335. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Top Audit Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Top Audit Executive Salary $238,708 WA February 26, 2024
25th Percentile Top Audit Executive Salary $269,689 WA February 26, 2024
50th Percentile Top Audit Executive Salary $303,718 WA February 26, 2024
75th Percentile Top Audit Executive Salary $346,335 WA February 26, 2024
90th Percentile Top Audit Executive Salary $385,136 WA February 26, 2024
25% $269,689 10% $238,708 90% $385,136 75% $346,335 $303,718 50%(Median) Didn’t find job title? Click
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What skills does a Top Audit Executive need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Market Risk: Market risk is the possibility that an individual or other entity will experience losses due to factors that affect the overall performance of investments in the financial markets.

3.

Data Analytics: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.

Risk Management 6.51%
Market Risk 2.66%
Data Analytics 1.26%
Others 89.57%

Job Description for Top Audit Executive

Top Audit Executive develops, leads, and executes a comprehensive enterprise-wide internal auditing strategy, function, and practice adhering to auditing standards and regulatory requirements. Establishes the auditing governance framework and procedures to attain long-term auditing objectives. Being a Top Audit Executive directs the creation of annual audit plans. Engages with other functions across the enterprise, like risk, finance, information technology, and security, to facilitate audits. Additionally, Top Audit Executive 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 Top Audit Executive 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)... View full job description

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Job Openings for Top Audit Executive in Washington

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Location Avg. Salary Date Updated
Location Aberdeen, WA Avg. Salary $292,262 Date Updated February 26, 2024
Location Acme, WA Avg. Salary $290,345 Date Updated February 26, 2024
Location Addy, WA Avg. Salary $276,400 Date Updated February 26, 2024
Location Adna, WA Avg. Salary $292,262 Date Updated February 26, 2024
Location Airway Heights, WA Avg. Salary $278,665 Date Updated February 26, 2024
Location Albion, WA Avg. Salary $276,400 Date Updated February 26, 2024
Location Allyn, WA Avg. Salary $304,669 Date Updated February 26, 2024
Location Almira, WA Avg. Salary $276,400 Date Updated February 26, 2024
Location Amanda Park, WA Avg. Salary $292,262 Date Updated February 26, 2024
Location Amboy, WA Avg. Salary $292,086 Date Updated February 26, 2024
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Top Audit Executive Salary in Washington
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