Internal Audit Intern

The Middleby Corporation • Elgin, IL

just now • Onsite

About The Position

Middleby is a fast-growing and profitable global manufacturer of commercial foodservice equipment headquartered in Elgin, IL. The company’s products are marketed under a diverse portfolio of premium brands and are supported by a broad global manufacturing and distribution network. Since 2001, Middleby has experienced significant growth and has been recognized for its performance and innovation. Middleby has been named one of Fortune Magazine’s Fastest Growing Companies and was recognized by Forbes as one of the World’s Best Employers. The company is also a proud philanthropic partner to the organizations addressing food insecurity.

The Middleby Corporation is seeking a motivated and driven individual to join our Internal Audit Team!

As the Internal Audit Intern, you’ll collaborate with teams that do truly amazing things. The Internal Audit Intern will assist in preparing process narratives and perform testing at Middleby divisions as part of our Sarbanes-Oxley compliance and Internal Audit program. The intern will be taught to interview process owners and document assigned processes, to prepare testing workbooks, and to complete those work papers. Typically, our interns learn how to document and audit the purchase to pay, order to cash, and select inventory processes in addition to auditing reconciliations of key balance sheet accounts.

This position will require approximately 30% travel in the United States over the summer. The travel costs, including airfare, hotel, and meal expenses are paid by the company during the audits. The intern will travel with the assigned team (typically at least two other people) to the assigned divisions, which are located around the US. During the weeks when the intern is not traveling, the intern is expected to work at our corporate headquarters located in Elgin, IL.

The Middleby audit team works closely with management at the various divisions as a partner. Although our focus is on compliance and controls, we bring a unique perspective to the divisions since we are in the position to bring best practices from other divisions and share those with our Controllers and accounting teams to assist them in implementing recommended controls in an efficient way.

Requirements

• Pursuing a bachelor's degree in accounting
• Rising Junior and or Senior
• Minimum 3.0 GPA
• Ability to work for 3 months with a consistent 40-hour work week.
• Ability and willingness to travel 30% of time in the US.
• When not traveling, commute to our corporate headquarters located in Elgin, IL.
• Strong verbal and written communication skills
• Proficient Computer skills, particularly Microsoft Outlook, Excel, and PowerPoint

Responsibilities

• Travel to division locations to evaluate the adequacy and effectiveness of internal controls, particularly those related to financial reporting.
• Perform specific audit procedures and prepare work papers documenting the audit procedures performed.
• Execute Sarbanes-Oxley compliance and Internal Audit testing and process documentation.
• Provide administrative assistance to the Director of Audit and other team members.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern