It Audit Manager salary in Iceland

Average Yearly Salary of It Audit Manager in Iceland is approximately 20,678,605 ISK (144,999 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 It Audit Manager do?

The IT Audit Manager is responsible for overseeing and managing the IT audit function within an organization. They ensure that the company's information systems are secure, efficient, and comply with regulatory requirements. The IT Audit Manager develops and implements audit plans, conducts risk assessments, and performs audits of IT systems, processes, and controls. They identify weaknesses or vulnerabilities in the IT infrastructure and recommend solutions to mitigate risks. Additionally, they collaborate with other departments to ensure that IT controls are integrated into business processes. Key responsibilities of an IT Audit Manager include managing a team of auditors, conducting audits of IT systems and controls, evaluating IT policies and procedures, staying updated on industry best practices and emerging technologies, and preparing audit reports for senior management.

Skills: IT Audit, Risk Assessment, Compliance, Information Security, IT Controls, Audit Reports
Job industry: Information technology

How much does It Audit Manager make?

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


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Salary comparison to National average

Is It Audit Manager a well paid job?

Yes, our data show that It Audit Manager 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 It Audit Manager?

High salary for It Audit Manager would be somewhere between 22,746,466 ISK and 29,983,977 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as It Audit 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: 20,678,605 ISK
Estimated Monthly Salary: 1,723,217 ISK
Estimated Weekly Salary: 397,665 ISK per week
Estimated Hourly Salary: 9,942 ISK per hour
By working as It Audit Manager a person can save up to 9,354 USD per month or 112,253 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 It Audit 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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