Chief Internal Auditor salary in Monaco

Average Yearly Salary of Chief Internal Auditor in Monaco is approximately 593,661 EUR (592,282 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 Internal Auditor do?

The Chief Internal Auditor is responsible for overseeing and managing the internal audit function within an organization. They are tasked with evaluating and assessing the effectiveness of internal controls, risk management processes, and governance structures. The Chief Internal Auditor develops and implements audit plans, conducts audits, and reviews financial statements to ensure compliance with regulatory requirements and industry standards. They provide recommendations for improving operational efficiency, reducing risks, and enhancing the organization's overall performance. Additionally, they communicate audit findings and recommendations to senior management and the board of directors, and collaborate with external auditors to coordinate audit activities. The Chief Internal Auditor plays a crucial role in maintaining the integrity of financial reporting and ensuring that the organization operates in a transparent and ethical manner.

Skills: Chief Internal Auditor, Internal Audit, Risk Management, Financial Compliance, Governance, Operational Efficiency
Job industry: Accounting

How much does Chief Internal Auditor make?

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


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Salary comparison to National average

Is Chief Internal Auditor a well paid job?

Yes, our data show that Chief Internal Auditor 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 Internal Auditor?

High salary for Chief Internal Auditor would be somewhere between 653,027 EUR and 860,808 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chief Internal Auditor in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 593,661 EUR
Estimated Monthly Salary: 49,472 EUR
Estimated Weekly Salary: 11,417 EUR per week
Estimated Hourly Salary: 285 EUR per hour
By working as Chief Internal Auditor a person can save up to 41,914 USD per month or 502,964 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
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 Internal Auditor

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 Monaco

Data as of 2025

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