2027 Summer Intern: Corporate Audit

PepsiCo•Purchase, NY

4d•Onsite

About The Position

Be a part of a global team that enables extensive exposure across our PepsiCo businesses and functions! PepsiCo Corporate Audit is a unique team within our enterprise. We have developed a comprehensive internal control framework that enables our management teams to provide governance leadership and maintain our standing as a company of operational excellence. Corporate Audit operates at the heart of our business success by providing objective insights into today’s risks and tomorrow’s challenges. While our auditors are located in various geographies, we are a team of global associates who audit our PepsiCo businesses and functions around the world. Corporate Audit offers a developmental opportunity that extends well beyond the traditional boundaries of the function, providing a well-rounded perspective of Finance, IT, and the business.

Requirements

Currently pursuing one of the following degrees with graduation date within 1 year of internship completion: CPA-eligible Accounting Program (Master’s degree in Accounting, Professional Program in Accounting (PPA/4+1), or Bachelor’s Degree in Accounting, depending on state of residence).
Bachelor's or Master's degree in Finance, Business Administration, Economics, Management of Information Systems (MIS) or a related business discipline.
Master's in Business Administration (MBA).
Eligibility and intent to complete one or more of the following audit certifications upon graduation: Certified Public Accountant (CPA), Institute of Internal Auditors Certified Internal Auditor (IIA CIA), ISACA Certified Information Systems Auditor (CISA)
Fluency in written and spoken English.
Fundamental understanding of financial statements, controls, and core business processes within a Fast-Moving Consumer Goods (FMCG) environment or comparable industry.
Basic awareness of IT general control concepts and how technology supports financial and business processes (deeper IT knowledge is a plus for the IT-focused path).
Strong people and communication skills to manage information gathering.
Strong organization skills.
Ability to work within a team environment.
Ability to interact with varying levels of individuals (front line to management).
Ability to build relationships, manage conflict, and embrace change.
Ability to build trust with business partners.
Ability to glean insights from data and drive action based on those insights (familiarity with data analysis, visualization tools such as Power BI or Tableau, and/or generative AI is preferred).
Flexibility in leveraging different approaches to analyzing problems.
Ability to integrate disparate sources of information.
Curiosity for learning.

Nice To Haves

Deeper IT knowledge is a plus for the IT-focused path.
Familiarity with data analysis, visualization tools such as Power BI or Tableau, and/or generative AI is preferred.

Responsibilities

Learn how to use the PepsiCo internal control framework to identify risk and assess the effectiveness of risk-mitigating activities.
Engage in process walkthroughs facilitated by the Business to gain exposure to the Business and processes being audited.
Build a foundational understanding of financial statements and controls, financial analysis, budgeting, cost management, and investment analysis.
Gain exposure to PepsiCo business processes and planning horizons (e.g., Strategic Cycle Plan, Annual Operating Plan, and period/month forecasting).
Leverage data and analytics and an external perspective to support risk identification and identify insights that add value to the Business.
Support the identification of financial, operational, routine, non-routine and emerging risks, as well as the risk-mitigating activities relating to those risks.
Perform controls testing of assigned areas of the audit (primarily Financial Reporting, Operational, and Compliance controls, and can include IT General Controls (ITGCs)).
Identify and share out control testing deficiencies with the Audit Team for root cause analysis, risk remediation recommendations, and alignment with key business stakeholders.
Support operational, compliance, financial and IT audits to identify risks and control breakdowns that may impact the integrity of reported financial information and/or the achievement of business objectives.
Share knowledge to ensure the ongoing success of the team.
Track: Financial, Operational & Compliance Audit – with exposure to IT General Controls (ITGCs)
Program deliverables include a project-based assignment aligned to Corporate Audit's Strategic Capability Plan (SCP), corporate objectives, and emerging risk priorities. The specific focus will be defined closer to the start of the program and will conclude with a presentation to function leadership