Audit Internship - Summer 2019

State Of Massachusetts Boston , MA 02298

Posted 2 months ago

About MassDOT:

At MassDOT, transportation is not about roads and bridges, or trains and buses it is about people. Our mission begins with customers - individuals, businesses, municipalities, and regional transit agencies. We support programs and projects that deliver a high return on investment. MassDOT supports the economic, quality of life, and environmental goals of the Commonwealth.

Position Summary:

The Massachusetts Department of Transportation (MassDOT) is looking for an Internal Audit Intern to assist staff auditors in analyzing financial reports, documents and records. This Internship will assist Auditors in conducting internal audits that assess organizational risk, and evaluate the adequacy of internal controls. This is a summer internship running from June through August.

In addition to assisting the Auditors, this intern may be involved in a variety internal projects that may include:

Enterprise Risk Assessment Project:

  • Assist in gathering and preparing risk assessment information from Managers throughout MassDOT and the MBTA.

  • Prepare meeting notes and meeting summaries throughout the project life cycle.

  • Schedule meetings and assure that meeting progress stays on track.

  • Prepare a draft of the Risk Assessment documentation for feedback.

Comptroller of the Commonwealth Annual Internal Control Questionnaire (ICQ) Project:

  • Compile a list of MassDOT managers responsible for completing the ICQ.

  • Monitor the progress of ICQ response and assist in Manager follow-up for pending ICQs.

  • Reviewing the final draft for completeness and adequacy of ICQ question responses.

Corrective Action Tracking Project:

  • Assist in the tracking of corrective action efforts.

  • Monitor the progress of implementation of management's corrective actions, and assist in follow-up where necessary.

  • Prepare a draft report of Corrective Action Tracking efforts for review and feedback.

External Audit Projects

Assist in conducting external audits and reviews of contracts and agreements by reviewing consultant costs, evaluating cost proposals, and assist in closing out completed contracts and report this information to senior management within MassDOT.

Duties & Responsibilities:

  • Take on an active role on an Internal Audit project (see examples above).

  • Provide assistance to the Auditor In-Charge during the planning state of the audit by gathering information regarding applicable policies, laws, and regulations.

  • Shadow Auditors during their meetings with auditees to gather and document information on responsibilities, internal controls, operating risks, and standard operating procedures.

  • Support Auditors in the documentation, tracking, and investigation and reporting of suspected fraudulent acts as defined by the MassDOT/MBTA Anti-Fraud Policy.

  • Prepare drafts of various reports for review by Auditors.

  • Help gather and develop information for preparing regulations, report forms, and procedures.

  • Under the supervision of the Auditor In-Charge, assist in conducting assigned fieldwork testing which includes performing audit test program fieldwork steps, completing test narrative work papers and exhibit spreadsheets, and documenting audit test conclusions, in the form of audit observations and recommendations that are relevant and clearly stated.

  • Assist in corrective action tracking efforts to confirm implementation of management's corrective actions.

  • Assist in preparing risk assessment information gathered from meetings with managers throughout MassDOT and the MBTA to get an overview of the auditable entity, determine the inherent risk and provide the basis for the annual Audit Plan.

Traveling may be required to perform the above duties.

Qualifications Required at Hire:

  • Knowledge of the principles and practices of general accounting terminology and standard abbreviations.

  • Knowledge of the principles and practices of auditing and the methods of general report writing.

  • Knowledge of the methods used in the preparation of charts, graphs and tables.

  • Knowledge of the methods and techniques of financial analysis.

  • Ability to analyze and determine the applicability of financial data to draw conclusions and make appropriate recommendations.

  • Ability to read and interpret documents such as financial reports, accounts and ledgers.

  • Ability to understand, apply and explain the provisions of the laws, rules, regulations, policies & procedures governing assigned unit activities.

  • Ability to perform mathematical calculations using formulas to solve accounting problems.

  • Ability to follow oral and written instructions.

  • Ability to gather information by examining records and documents and through questioning individuals.

  • Ability to maintain accurate records.

  • Ability to prepare and use charts, graphs and tables.

  • Ability to prepare general and financial reports.

  • Ability to write concisely, to express thoughts clearly and to develop ideas in a logical manner.

  • Ability to communicate effectively in oral expression.

  • Ability to exercise sound judgment and deal tactfully with others.

  • Ability to exercise discretion in handling confidential information.

  • Ability to establish and maintain harmonious working relationships with others.

  • Ability to work independently and also work in a team setting.

If you have questions regarding this position, please contact the Human Resource Specialist Alaina Seitz at alaina.seitz@dot.state.ma.us.

Minimum Entrance Requirements:

This requisition will remain open until filled; however, first consideration will be given to those applicants who apply within the first 14 days.

Requirements:

  • Must be college students enrolled full time for the Fall 2019 semester.

  • Must have completed one year of Undergraduate study in a related field (ex. Accounting, Finance, Business, etc.)

An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply.

All job applications must be submitted online through MassCareers to be considered. If you need an accommodation to complete the application electronically please contact the ADA Coordinator Rita DiNunzio 857-368-8738.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Summer 2019 PostGrad Consumer Internship

Interpublic Group

Posted 7 days ago

VIEW JOBS 4/12/2019 12:00:00 AM 2019-07-11T00:00 Weber Shandwick isn't just a PR agency. We're the world's largest engagement agency. And while, sure, we've won our fair share of awards, what we're really proud of is the connected network of specialized experts we've built, each one skilled in earning attention and driving conversation. Our strength is in our people. In our teams. In the promise we've all made to "go beyond" for our clients, delivering not only strategic business objectives, but real value. Weber Shandwick is home to experts across our four value-based communities: Client Experience, Content, Insights and Integrated Media. The Opportunity: Do you think big picture, are you able to connect the dots, problem solve and enjoy digging into the "how" behind a project? Our consumer internship allows you to experience the inner workings of a variety of integrated campaigns, collaborate with subject matter experts, brainstorm on how to take engagement and innovation up a notch, and come to understand how brand communication is constantly evolving. Responsibilities: As a Consumer Intern, you will have the opportunity to work on PR initiatives ranging from earned and paid media, to influencer and digital efforts, including: * Monitoring media to inform and educate strategy and action * Conducting research and analysis * Preparing media relations materials and targets * Outreaching to media * Coordinating event planning and logistics * Participating in team brainstorms Essential Skills: * Strong written and verbal communication (familiarity with AP Style a plus) * Passion for creative thinking, strategy and pushing the boundaries * Strong organization skills, time management and attention to detail * Willingness to learn, question and challenge * Ability to multi-task, handle a fast-paced environment and fully immerse in clients' business * Basic research experience and the ability to identify and analyze trends * Proficient in Microsoft Office suite programs * Candidates should have BA or BS in a related field Why Weber Shandwick: Weber Shandwick's full-time internship program is a paid opportunity for you to gain valuable experience supporting teams and helping clients solve business problems. We aren't going to have you pouring coffee and making copies for four months—instead, you'll really dig into the work, become a critical member of your teams, and learn what it means to "go beyond" for your clients. By the end of your internship, you'll have learned how to successfully operate in a major organization and be able to apply learnings to the rest of your career. Through day-to-day client work and interactive trainings over the course of your internship, you'll learn how to: * Read and comprehend briefs, proposals and plans, and synthesize them for action. * Write compelling materials for a variety of audiences. * Think strategically about business issues. * Present findings in an engaging way. * And more! We offer intern trainings on topics ranging from preparedness, to video production, to insight development. Weber Shandwick is dedicated not only to building brands, but to building careers. Our team is our most valuable asset, and we're looking forward to seeing what you'll bring to the family table. Weber Shandwick is proud to be an Equal Opportunity/Affirmative Action employer. Weber Shandwick recruits qualified applicants without regard to race, color, religion, gender, age, ethnic or national origin, protected veteran status, physical or mental disability, sexual orientation, gender identity, marital status or citizenship status. Interpublic Group Boston MA

Audit Internship - Summer 2019

State Of Massachusetts