Internal Audit Intern

Arkansas Department of Transportation • Little Rock, AR

20h • $15 - $18

About The Position

Under immediate supervision, this position is responsible for assisting in various tasks as required in the Internal Audit Division. Examples of Work The following examples are intended only as illustrations of various types of work performed. No attempt is made to be exhaustive. Related, similar, or other logical duties are performed as assigned. The Department may require employees to perform functions beyond those contained in job descriptions. The Department may modify job descriptions based on Department needs. The Arkansas Department of Transportation is an "at will" employer. Train and assist in the planning and execution of audit/review assignments, in accordance with accepted professional standards. Assist Division staff in performing engagement-level risk assessments. Assist and train in determining audit objectives based on results of risk assessment and developing audit procedures sufficient to achieve those objectives. Assist and train in evaluating efficiency and effectiveness of controls designed to mitigate risks. Assist and train in reporting results of audits in a clear, concise and accurate manner, and making recommendations for the correction of unsatisfactory conditions, improvements in operations, and reductions in cost based on those findings using root cause analysis. Assist in the performance of special reviews at the request of management. Assist and train in preparing audit procedures to test transactions and supporting documents for compliance with state and federal policies, regulations and guidelines. Assist in the performance of audits/reviews, whether internal or external to the Department’s operations. Perform a wide variety of tasks in a learning capacity.

Requirements

• Student pursuing the educational equivalent of a bachelor’s degree in accounting, finance, business, management or related field from an accredited college or university, completion of 30 college hours toward this degree, and a cumulative grade point average of 2.0.
• Working knowledge of Microsoft Word, Excel, and Access.
• Understanding of basic principles of Government Auditing Standards and International Standards for the Professional Practice of Internal Auditing.
• Strong research, organizational and critical thinking skills.
• Effective written and verbal communication skills.
• Attention to detail.
• ("Accredited" means the educational institution or program is accredited by an accrediting organization recognized either by the United States Department of Education or by the Council for Higher Education Accreditation.)
• A criminal background check will be required to determine suitability of employment, and failure to meet these standards may cause the applicant to be rejected or terminated from that position.

Responsibilities

• Train and assist in the planning and execution of audit/review assignments, in accordance with accepted professional standards.
• Assist Division staff in performing engagement-level risk assessments.
• Assist and train in determining audit objectives based on results of risk assessment and developing audit procedures sufficient to achieve those objectives.
• Assist and train in evaluating efficiency and effectiveness of controls designed to mitigate risks.
• Assist and train in reporting results of audits in a clear, concise and accurate manner, and making recommendations for the correction of unsatisfactory conditions, improvements in operations, and reductions in cost based on those findings using root cause analysis.
• Assist in the performance of special reviews at the request of management.
• Assist and train in preparing audit procedures to test transactions and supporting documents for compliance with state and federal policies, regulations and guidelines.
• Assist in the performance of audits/reviews, whether internal or external to the Department’s operations.
• Perform a wide variety of tasks in a learning capacity.

What This Job Offers

• Career Level: Intern