Chief Audit Executive salary in Colombia

Average Yearly Salary of Chief Audit Executive in Colombia is approximately 92,819,787 COP (20,616 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Chief Audit Executive do?

The Chief Audit Executive (CAE) is a senior-level position responsible for overseeing and managing an organization's internal audit function. The CAE is responsible for developing and implementing audit strategies, ensuring compliance with regulations and policies, and identifying and mitigating risks. They lead a team of auditors, providing guidance and direction, and ensure that audits are conducted effectively and efficiently. The CAE also communicates audit findings and recommendations to senior management and the board of directors, assisting in decision-making processes. They play a crucial role in enhancing internal controls, improving operational efficiency, and safeguarding the organization's assets. In summary, the CAE is responsible for providing independent and objective assurance to the organization, evaluating and improving its governance processes.

Skills: Chief Audit Executive, Internal Audit, Risk Management, Compliance, Governance, Assurance
Job industry: Finance

How much does Chief Audit Executive make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Chief Audit Executive a well paid job?

Yes, our data show that Chief Audit Executive is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Chief Audit Executive?

High salary for Chief Audit Executive would be somewhere between 102,101,766 COP and 134,588,691 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chief Audit Executive in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 92,819,787 COP
Estimated Monthly Salary: 7,734,982 COP
Estimated Weekly Salary: 1,784,996 COP per week
Estimated Hourly Salary: 44,625 COP per hour
By working as Chief Audit Executive a person can save up to 1,458 USD per month or 17,491 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Chief Audit Executive

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Colombia

Data as of 2025

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