Auditing Manager salary in Iceland

Average Yearly Salary of Auditing Manager in Iceland is approximately 17,781,255 ISK (123,547 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 Auditing Manager do?

An auditing manager is responsible for overseeing and managing the auditing process within an organization. They ensure that financial records are accurate, complete, and compliant with relevant regulations. Their main duties include planning and executing audits, reviewing financial statements, identifying potential risks and weaknesses in internal controls, and providing recommendations for improvements. Auditing managers also supervise a team of auditors, assign tasks, and provide guidance and support throughout the auditing process. They collaborate with other departments and stakeholders to ensure effective communication and coordination. Attention to detail, strong analytical skills, and knowledge of accounting principles and auditing standards are essential for this role.

Skills: Auditing, Manager, Financial Records, Compliance, Internal Controls, Auditing Standards
Job industry: Accounting

How much does Auditing Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Auditing Manager a well paid job?

Yes, our data shows that Auditing Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Auditing Manager?

High salary for Auditing Manager would be somewhere between 19,559,381 ISK and 25,782,820 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Auditing Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 17,781,255 ISK
Estimated Monthly Salary: 1,481,771 ISK
Estimated Weekly Salary: 341,947 ISK per week
Estimated Hourly Salary: 8,549 ISK per hour
By working as Auditing Manager a person can save up to 7,567 USD per month or 90,801 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Auditing Manager

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 Iceland

Data as of 2025

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