Internal Audit & Compliance Intern

The Finance Unit resides within the Treasurer and CFO division. The Finance Unit is responsible for the overall fiscal control and management of the ACS. This includes the proper recording and classification of all financial transactions of Washington Operations; the consolidation of financial data for all business units and subsidiaries; preparation of financial statements and reports; management of the Society's annual audits; preparation and presentation of the budget; development and implementation of business systems; tax planning; monitoring of risk and internal controls over business processes and systems and compliance; and any other financial related matters. Finance also provides financial analysis and support to all ACS activities.

Position Summary

The Internal Audit & Compliance Intern will assist the internal audit team in evaluating the effectiveness of internal controls, assessing compliance with Society policies and regulations, and identifying potential risks by conducting data analysis, performing control testing, documenting findings, and proposing recommendations for improvement across various business functions. You will gain hands-on experience in the audit process while learning about governance and risk management practices.

Key Responsibilities:

Apply learned knowledge of accounting and auditing principles by performing or assisting in the planning and execution of compliance, financial, and operational audits of business operations for various ACS divisions. This includes an introduction into the following responsibilities, which will provide a learning experience into real-world internal audit functions:

(1) Audit Planning and Execution: Assisting in developing audit plans, performing risk assessments, and executing audit procedures to test the effectiveness of internal controls across different departments.

(2) Data Analysis: Gathering and analyzing data from various sources (systems, databases, documents) to identify trends and potential areas of concern.

(3) Control Testing: Performing control testing procedures to evaluate the design and operating effectiveness of key controls related to financial reporting, operational efficiency, and compliance.

(4) Documentation: Maintaining detailed audit workpapers, documenting findings, and preparing clear and concise audit reports summarizing key observations and recommendations.

(5) Compliance Review: Assisting in reviewing compliance with relevant laws, regulations, and company policies, identifying potential non-compliance issues and proposing corrective actions.

(6) Stakeholder Communication: Interacting with various business unit personnel to gather information, explain audit procedures, and discuss findings.

(7) Special Projects: Supporting on special audit projects as assigned, including fraud investigations or process improvement initiatives.

Education Requirements:

The Ideal candidate will be a rising college junior or senior majoring in Internal Audit/Accounting

Required Qualifications:

Currently pursuing a major in Internal Audit/Accounting

Please complete the following survey as part of your application: 2025 ACS Summer Intern Questionnaire

Pay Transparency: This role is based in our Washington, D.C. office. The following are the intended hourly rates for this part time/nonexempt role: Rising Junior-$23.00; Rising Senior-$24.00; Current Grad/PhD Student- $27.00.

Any actual offer of employment, reflecting the total compensation package and benefits, will be made in the sole discretion of ACS. ACS reserves the right to amend or modify its employment benefits and compensation structure at any time.

*This position will be primarily based in the Washington D.C. (or applicable) office. ACS employees work a hybrid work schedule, consisting of working onsite, two days per week. Schedule flexibility may be required for this role to support in-office activities. While always welcome to work in the office, employees may work the other three days of the week from a location of their choice.