Internal Controls Manager & Analyst Salary and Pay

(Note: Salaries can differ based on industry, experience, and company policies. The above figures are estimates taken from Glassdoor.

Internal controls Manager and analyst salary bands are competitive across most of the EU’s major financial regions. Much like a treasurer, there are variances when factoring in the company size of any given employer.

Yet, this role demands high diligence and financial knowledge. Few talented internal controllers are available, so wages are competitive in this vital role.

Most European countries pay between €45,000 and €80,000 per year as a base pay rate for internal control managers and analysts. Big companies and many public-facing firms pay more. This is especially true for those with frequent contact with advisory firms.

The pay bands won’t always match the depth or specificity of a company’s internal controls. But, there are industry “standards,” auditing rules, laws, and anti-fraud systems. These must be followed.

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Any extra controls needed for fiscal reporting or management are where pay and talent variances come into play. In this regard, you can expect to pay more for internal controllers in public service and banking. For example, in these areas, public audit trails and investor stakeholder management are part of the day-to-day. They also have strong anti-fraud systems. The systems defend against the mismanagement of public funds and billions of euros of investments.

Beyond Internal Controls

Internal control specialists are highly regarded as audit managers. They are diligent operators, and their skills are in high demand.

The path from internal controls is varied, like the role itself. It focuses on diligence, financial philosophies, anti-fraud, and financial protection. A skilled internal controller can expect doors to open in auditing, security, or investment. Aside from this, a natural progression to CFO, or senior financial management, is also an option. Yet, more strategic and business management experience may be required to bolster credentials.

Learn more about internal controls manager and analyst careers.

The following articles cover the job description, salaries, CV-building tips, and more:

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See also Finance Manager Salary & Pay for reference here.

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