Intern, Internal Audit

Massachusetts Water Resources Authority • Chelsea, MA

1d • $19 - $22 • Onsite

About The Position

Are you looking to make a meaningful impact on public health and the environment? Join the MWRA team! We deliver some of the nation's highest-quality drinking water to 3 million residents, restored Boston Harbor, and continue to invest in protecting vital public resources. Be part of a mission-driven organization where your work truly makes a difference-in a safe, inclusive, and supportive environment.

Summary:
The MWRA is seeking an Intern, Internal Audit to support project and contract audits to determine whether reasonable, allowable and allocable costs are paid to consultants, contractors and vendors. Support financial, operational and compliance audits. Support reviews of MWRA's policies, procedures and operational management methods to insure employee safety, reduce operational waste in terms of time, resources and money, and supports the evaluation of the ways in which assets are safeguarded from theft, fraud and employee abuse. Support the assessment of controls to ensure the integrity, reliability, efficiency and effectiveness of established systems, policies and contracts. Support research on regulatory changes and internal audit issues.

Requirements

• Knowledge of business principles as normally attained while pursuing a degree in business or a related field.
• Intermediate skills and experience with Microsoft Office.
• Excellent interpersonal, verbal and written communication skills are required.
• Ability to use technology (WebEx, share screen, etc.)
• Ability to use Adobe Acrobat Pro to successfully prepare electronic work papers.
• A valid Class D Motor Vehicle Operators License.
• Internship duration: May - August

Responsibilities

• Supports consultant preliminary reviews to determine if the proposed direct labor, indirect costs, other direct costs or multipliers/comprehensive hourly rates are supportable.
• Supports consultant incurred costs audits to validate costs billed by consultants performing on cost plus fixed fee contracts. Performs tests and creates work papers to validate that the direct labor, indirect costs and other direct costs billed are in accordance with the compensation terms of the contract.
• Supports vendor audits to validate that the pricing (discounts and/or mark -ups) billed by vendors are in accordance with the terms of their Authority agreement.
• Supports special projects, investigations and other initiatives related to the Contract Audit Program.
• Supports data and documentation requests relevant to Internal Audit assignment.
• Conducts testing, prepares work papers to support assignment objectives, and performs analysis.
• Supports testing on follow up/recommendation closing validation; supports conclusion to close open recommendations.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed