Internal Audit (Business) Intern
Description and Requirements
Healthfirst's Internal Audit Department is responsible for helping the organization manage risk and improve business performance. Internal Audit supports the organization to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, internal controls and governance processes.
The Internal Audit Business/Ops Intern will have the opportunity to rotate through and work with the teams within the Internal Audit function: Business Operations, Model Audit Rule and Internal Controls. As part of the internship, the Intern will have the opportunity to:
- Interact with various business owners and departments to obtain an understanding of key business processes and controls in place;
- Gain first-hand exposure to how Internal Audit examines the design, effectiveness, efficiency and reliability of key business activities;
- Participate in walkthrough meetings, process reviews, audit testing procedures and analysis; and,
- Help identify and communicate areas of opportunity to Management.
Position Summary:
The Internal Audit Intern will support the Internal Audit and Controls Teams in performing functions that strengthen key business processes and practices. The IA Intern will contribute to a broad set of assignments across the department.
Duties & Responsibilities:
- Attend internal and external stakeholder meetings to learn about the various dependencies/relationships the IA Team maintains and why they are important.
- Develop an understanding of processes / control objectives, risks and associated businesses areas under review
- Create or update process narrative, flow-charts, and control documents to reflect processes in place.
- Document process review procedures and findings for key business cycles.
- Participate in the testing of MAR controls, which may include:
- Perform walkthroughs to understand the control objectives, risks and controls associated to the area under review
- Create or update process narratives and/or risk control matrix to reflect processes in place
- Assist with compiling, analyzing, and documenting audit evidence obtained.
- Test completeness, accuracy, and validity of controls, including sending and tracking document request lists
- Employ professional judgment in evaluating evidence, and conclude on adequacy for compliance with auditing standards
- Use problem solving and critical thinking skills to identify internal control deficiencies and consider their associated risk and impact on the business
- Prepare status updates throughout audit fieldwork.
- Help assess risk impact and root cause of process gaps or findings identified.
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- Summarize and communicate audit results.
Preferred Qualifications:
- Degree / Majoring in Accounting, Finance, or other related programs
- Experience and ability to manage projects and document procedures.
- Experience performing ad-hoc analysis of financial and operational data.
- Excellent communication (verbal, written), presentation skills.
- Knowledge of Microsoft Office Suite applications.
Minimum Qualifications:
- Undergraduate students must be a junior or senior at an accredited institution or have graduated within 12 months of the program. Graduate students must be enrolled at an accredited institution or have graduated within 12 months of the program.
- Will not require sponsorship for employment
- Eligible to work in the U.S.
- Must have a minimum of a 3.0 GPA from an accredited school
Hiring Range:
- Greater New York City Area (NY, NJ, CT residents): $38,200 - $49,920
- All Other Locations (within approved locations): $33,300 - $47,840
As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.
In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.
The hiring range is defined as the lowest and highest salaries that Healthfirst in "good faith" would pay to a new hire, or for a job promotion, or transfer into this role.
At this time, Healthfirst will only consider applicants who are presently authorized to work for any employer in the United States and who will not require visa sponsorship from Healthfirst now or in the future, to retain their authorization to work in the United States.
Hiring Range:
- Greater New York City Area (NY, NJ, CT residents): $40,200 - $54,570
- All Other Locations (within approved locations): $34,900 - $52,000
As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.
In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.
The hiring range is defined as the lowest and highest salaries that Healthfirst in "good faith" would pay to a new hire, or for a job promotion, or transfer into this role.
WE ARE AN EQUAL OPPORTUNITY EMPLOYER. HF Management Services, LLC complies with all applicable laws and regulations. Applicants and employees are considered for positions and are evaluated without regard to race, color, creed, religion, sex, national origin, sexual orientation, pregnancy, age, disability, genetic information, domestic violence victim status, gender and/or gender identity or expression, military status, veteran status, citizenship or immigration status, height and weight, familial status, marital status, or unemployment status, as well as any other legally protected basis. HF Management Services, LLC shall not discriminate against any disabled employee or applicant in regard to any position for which the employee or applicant is otherwise qualified.
If you have a disability under the Americans with Disability Act or a similar law and want a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to careers@Healthfirst.org or calling 212-519-1798 . In your email please include a description of the accommodation you are requesting and a description of the position for which you are applying. Only reasonable accommodation requests related to applying for a position within HF Management Services, LLC will be reviewed at the e-mail address and phone number supplied. Thank you for considering a career with HF Management Services, LLC.
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Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA
- Fitness Subsidies
- Mental Health Benefits
- Pet Insurance
Parental Benefits
- Birth Parent or Maternity Leave
- Family Support Resources
Work Flexibility
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- Happy Hours
- Company Outings
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Volunteer Time Off
Financial and Retirement
- 401(K) With Company Matching
- Performance Bonus
Professional Development
- Internship Program
- Tuition Reimbursement
- Promote From Within
- Access to Online Courses
- Lunch and Learns
- Associate or Rotational Training Program
- Learning and Development Stipend
- Leadership Training Program
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Woman founded/led
- Diversity, Equity, and Inclusion Program
Company Videos
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