Internal Audit Intern

Cleveland-Cliffs

5d•Onsite

About The Position

Cleveland-Cliffs is seeking a summer Internal Audit Intern for its Burns Harbor, Indiana location. This internship provides hands-on experience and exposure to corporate accounting within a Fortune 500 company, primarily within the Internal Audit Department. The department focuses on creating an audit plan addressing the Company's greatest risks and delivering value-added advisory and assurance services. This involves continuously evaluating organizational and emerging risks, participating in Company initiatives and projects, and supporting risk management activities. The intern will gain exposure to senior leadership within the Internal Audit Department.

Requirements

Enrollment in a Bachelor of Science program in Accounting, Finance, or other Business-related field
Must have completed at least sophomore year of study by the summer of 2027
Applicants for this position must be currently legally authorized to work in the United States on a full-time basis.

Responsibilities

Assist with SOX scoping, planning, and administration, including maintenance of process documentation, planning memos, risk and control matrices, and testing plans.
Execute testing of key SOX controls in conjunction with the annual test plan.
Assist Internal Audit management in the preparation of planning memorandums and audit programs.
Conduct audits, including the detailed planning of each audit and agreeing the audit objectives and scope with management.
Evaluate and document process, system, and control effectiveness through the application of accounting, auditing, and business knowledge; collect, analyze, and document information to support audit results.
Assist in the preparation and presentation of audit results.
Identify constructive and value-added solutions to address issues identified. Recommend operational improvements which ensure that proper controls are exercised over all aspects of the business and that company assets are conserved, protected and accurately presented.
Monitor status of action plans arising from audits.
Maintain confidentiality of audit findings and company proprietary information.
Develop and maintain effective working relationships with Internal Audit’s stakeholders.
Conduct work in accordance with the Standards for the Professional Practice of Internal Auditing and Code of Ethics promulgated by the Institute of Internal Auditors.