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Internal Audit Associate Jobs in Homewood, IL (NOW HIRING)

Madison Air

Internal Audit Senior Associate

Chicago, IL · On-site

$87K - $108K/yr

The Role Role Overview The Internal Audit Senior Associate plays an important role in strengthening Madison Air's risk management, internal control, and governance environment across a diversified ...

Vrakas CPAs + Advisors

Senior Audit Associate

Chicago, IL · On-site

$75 - $130/hr

Lead and mentor associates as they complete audits and reviews * Assist in the management and ... Regularly collaborate with shareholders, managers, and other internal leaders * Understand the firm ...

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Armaninollp

Senior Consultant, Business SOX IA

Chicago, IL · On-site

$87K - $108K/yr

We are seeking an experienced Internal Audit Senior Associate to support SOX 404 and internal audit engagements. Ideal candidates will bring deep SOX expertise and experience within software ...

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Internal Audit Associate information

See Homewood, IL salary details

$24.1K

$69.1K

$104K

How much do internal audit associate jobs pay per year?

As of Sep 4, 2026, the average yearly pay for internal audit associate in Homewood, IL is $69,139.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,400.00 and $78,500.00 per year, depending on experience, location, and employer.

What is an internal audit associate?

Internal Audit Associates are professionals responsible for evaluating and improving the effectiveness of an organization's internal controls, risk management, and governance processes. They assist in conducting audits of financial and operational processes to ensure compliance with laws, regulations, and internal policies. Internal Audit Associates work closely with various departments to identify areas of improvement and help mitigate potential risks. This role often serves as an entry point for a career in auditing or risk management within a company.

What are the key skills and qualifications needed to thrive as an internal audit associate?

To thrive as an Internal Audit Associate, you need a solid understanding of accounting principles, risk assessment, and internal controls, typically supported by a degree in accounting, finance, or a related field. Familiarity with audit management software, data analytics tools, and professional certifications such as CIA or CPA is often expected. Strong analytical thinking, attention to detail, and effective communication skills help you collaborate with teams and present findings clearly. These competencies are crucial for identifying risks, ensuring compliance, and adding value to organizational processes.

What are some typical challenges internal audit associates face when working with cross-functional teams?

Internal Audit Associates often collaborate with departments like finance, operations, and IT to evaluate processes and controls. A common challenge is navigating varying levels of understanding regarding audit objectives and compliance requirements among different teams. Building rapport and communicating clearly are essential skills, as Associates must often explain audit findings and recommendations in a way that is accessible and actionable. Additionally, balancing independence with teamwork is important to maintain objectivity while fostering cooperation.

What is the difference between Internal Audit Associate vs External Auditor?

AspectInternal Audit AssociateExternal Auditor
CertificationsCPA, CIA often preferredCPA required, CIA beneficial
Work EnvironmentWithin the organization, ongoing auditsClient sites, external firms, periodic audits
Employer & Industry UsageUsed mainly in corporations and large organizationsUsed by accounting firms and consulting agencies
Primary FocusAssess internal controls, compliance, risk managementVerify financial statements, compliance with regulations

Internal Audit Associates focus on evaluating internal controls and risk within their organization, working continuously to improve processes. External Auditors conduct independent reviews of financial statements for external stakeholders, often working with multiple clients. While both roles require similar certifications and work in related environments, their primary objectives and employer settings differ significantly.

Is an internal audit associate a stressful job?

An internal audit associate's job can be stressful during busy periods such as audit deadlines or financial reporting seasons, as it involves detailed analysis, compliance checks, and tight schedules. However, the level of stress varies depending on the workload, company culture, and individual skills in time management and problem-solving.

What job categories do people searching Internal Audit Associate jobs in Homewood, IL look for?

The top searched job categories for Internal Audit Associate jobs in Homewood, IL are:

What cities near Homewood, IL are hiring for Internal Audit Associate jobs?

Cities near Homewood, IL with the most Internal Audit Associate job openings:

Internal Audit Associate jobs near you
Infographic showing various Internal Audit Associate job openings in Homewood, IL as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 12% Part Time, and 3% Contract. Highlights an 87% Physical, 6% Hybrid, and 7% Remote job distribution, with an average salary of $69,139 per year, or $33.2 per hour.

Internal Audit Senior Associate

Madison Air

Chicago, IL • On-site

$87K - $108K/yr

Other

Posted 8 days ago

Job description

The Company

At Madison Air, we see air differently. Our mission is to make the world safer, healthier, and more productive through the power of better air. We are a leading provider of mission-critical indoor air quality solutions serving customers across data centers, healthcare, advanced manufacturing, commercial, and residential markets through a portfolio of industry-leading brands.


In April 2026, we completed a highly successful IPO (NYSE: MAIR). As a newly public company, Madison Air is building a best-in-class governance and control environment to support its continued growth, creating unique opportunities for Internal Audit professionals to make a meaningful impact.


The Role

Role Overview

The Internal Audit Senior Associate plays an important role in strengthening Madison Air's risk management, internal control, and governance environment across a diversified global manufacturing organization. This position executes and leads portions of risk-based operational, financial, compliance, and SOX audits while partnering closely with business leaders across corporate functions and manufacturing locations.

The ideal candidate combines strong audit execution skills with intellectual curiosity, sound judgment, and a collaborative mindset. This role offers broad exposure to senior leadership, manufacturing operations, SOX compliance, and enterprise risk management while supporting the continued evolution of Madison Air's internal audit function.


Key Responsibilities

  • Execute financial, operational, compliance, and SOX audits across corporate and manufacturing locations, from planning through reporting.
  • Assess risks, evaluate internal controls, and perform audit testing to identify opportunities for improving governance, compliance, and operational effectiveness.
  • Document and analyze business processes, risks, and controls through walkthroughs, interviews, data analysis, and testing procedures.
  • Support the Company's SOX 404 compliance program, including walkthroughs, control testing, deficiency assessment, and remediation tracking.
  • Develop clear audit observations and practical recommendations that strengthen controls, mitigate risk, and support business objectives.
  • Support enterprise risk assessment activities and identify emerging risks, process improvement opportunities, and control enhancements.
  • Partner with business leaders and process owners across Finance, Operations, Manufacturing, Supply Chain, and IT to strengthen controls and support business objectives.
  • Leverage data analytics and technology-enabled audit tools to enhance audit effectiveness and insights.


Qualifications

Required

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • 3-5 years of progressive experience in public accounting (Big 4 or national firm) and/or internal audit within a complex organization.
  • Strong understanding of internal controls, auditing principles, and risk assessment methodologies.
  • Knowledge of SOX 404, COSO, and public-company control requirements.
  • Experience executing audits from planning through reporting.
  • Strong analytical, problem-solving, and project management skills.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple priorities and work independently in a fast-paced environment.
  • Willingness to travel approximately 15%-20%, including domestic and occasional international travel.

Preferred

  • CPA, CIA, or CISA certification.
  • Experience in a publicly traded, newly public, or SOX-regulated environment.
  • Manufacturing industry experience, including exposure to inventory, cost accounting, supply chain, or plant operations.
  • Familiarity with ERP systems and data analytics tools.
  • Exposure to operational audits, process improvement initiatives, or advisory engagements.


What We Offer

  • The opportunity to help build and mature a best-in-class internal audit function in a newly public company.
  • Exposure to senior leadership and strategic business initiatives.
  • Meaningful involvement in SOX compliance, risk management, operational audits, and process improvement efforts.
  • A collaborative, entrepreneurial environment where your contributions can have a visible impact.
  • Competitive compensation and comprehensive benefits.
  • Significant opportunities for professional growth and career advancement across the organization.

Apply