Call for Interns_Audit
New York City (United States of America)
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Performed by professionals with an in-depth understanding of the business culture, systems, and processes, the internal audit activity provides assurance that internal controls in place are adequate to mitigate the risks, governance processes are effective and efficient, and organizational goals and objectives are met.
In UNDP, the internal audit function is managed by the Office of Audit and Investigations. The Office consists of approximately 90 staff (Audit and Investigations), and it conducts its audits in conformance with the International Standards for the Professional Practice of Internal Auditing as published by the Institute of Internal Auditors (IIA) standards. OAI follows a risk-based approach to planning and conducting its internal audit work. The internal audit reports serve to give senior management assurance about the activities undertaken by a given UNDP unit and bring to their attention areas of risk that require improvement.
Further, and per its Charter, the Office of Audit and Investigations can provide consulting and advisory services to UNDP to help the organization improve risk management, add value, and improve the organization’s operations. This is part of OAI’s mandate and in line with the International Standards for the Professional Practice of Internal Auditing of the Institute of Internal Auditors.
This is a Call for Interns for the period 2021-2022. OAI will select up to three (3) applicants for internship starting September 2021. Other qualified applicants will be placed in OAI’s Roster for Internship.
Duties and Responsibilities
Working closely with OAI auditors, the Intern will actively assist in the audit/advisory assignments and delivery of the OAI workplan, both in HQ and in the Regional Audit Centres. Due to COVID, conducting the internship remotely is possible.
Each audit assignment and advisory service is broken into three parts; planning, fieldwork and reporting. In general, the following stages are included:
- Planning/preliminary review: During this phase, an audit strategy and audit procedures are developed including a preliminary assessment of risks. At this stage of the audit, the intern will assist in gathering audit evidence to formulate the audit plan/research plan. This sets the direction of the audit/review and provides guidance for the development of an audit programme, which includes the detailed procedures required to implement the audit strategy.
- Fieldwork: The intern will assist auditors in the detailed testing. Procedures used include:
- Inspection: The examination of records, documents or assets.
- Observation: Looking at the process being performed by others.
- Enquiry and confirmation: Seeking information from knowledgeable persons within the organisation and confirming the response to an enquiry to corroborate information. Such a process requires the auditors to be inquisitive, speculative and observant.
- Reviewing compliance: Often a significant part of the internal auditors’ work, which includes the review of compliance to specific regulations and policies and providing an insight to the impact that non-compliance has on the organisation.
- Analytical review: Analysis of financial and other data to identify consistencies and predicted patterns of significant fluctuations and unexpected relations.
- Reporting: Based on the documented findings, a draft audit report/advisory service report or note is prepared for discussion with and comments by management. The final audit report considers the comments provided by management and any corrective action taken since the audit fieldwork. It is addressed to senior management. The intern may contribute to documenting audit findings and drafting parts of the report.
- Demonstrates integrity;
- Demonstrates the ability to remain objective, neutral and independent;
- Displays cultural sensitivity;
- Produces timely, quality outputs;
- Exercises sound judgment/analysis;
- Ability to handle multiple tasks;
- Writes clearly and effectively; and
- Speaks clearly and convincingly.
Required Skills and Experience
Be enrolled in a graduate school programme (second university degree or equivalent, or higher) in Finance, Accounting, Business Administration, Public Administration, Law;
Be enrolled in the final academic year of a first university degree programme (minimum Bachelor’s level or equivalent) in Finance, Accounting, Business Administration, Public Administration, Law; or
Have graduated with a university degree in Finance, Accounting, Business Administration, Public Administration, Law; and, if selected, must start the internship within one-year of graduation.
Mastery of standard MS Office applications including Word, Excel, and PowerPoint.
Prior work experience in the field of accounting or auditing would be useful but is not necessary.
- Interns should be an effective communicator who can listen attentively and write clearly. Inquisitive by nature. Attention to detail. Ability to analyse information quickly and make sound and accurate judgements.
Fluency in written and spoken English required;
Proficiency in other languages desirable.
Internships are located at UNDP Headquarters in New York, however, due to the situation regarding the COVID-19 pandemic, the role may be home based;
Interns will need to use their own laptop/notebook.
Internships can be full-time or part-time;
Top 2 applicants will be selected for internships starting around September 2021; and for a calendar period of six months.
If and when OAI needs for additional interns during the period of 2021- 2022, OAI may select relevant candidates from the Roster of internship, provided that the selected candidates still meet conditions of internship listed below.
People with disabilities and female candidates are encouraged to apply.
Application process: the application should contain the following uploaded as one file:
- Current Curriculum Vitae (CV)
- Original text of up to 500 words addressing the following question: (i) why you would like to be considered for the internship and your primary motivation to apply for this role; (ii) timeframe and availability for internship with OAI.
- Please note that the UNDP jobsite system allows only one uploading of application document, so please make sure that you merge all your documents (CV/ Resume, Cover Letter etc. into a single file before uploading).
Conditions of internship:
Internships within the UN system are subject to following conditions, which the candidates should familiarize themselves with prior to applying:
Starting from January 2020 Interns who are not in receipt of financial support from other sources such as universities or other institutions will receive a stipend according to UNDP rules and regulations to partially subsidize their basic living costs for the duration of the internship.
Any further costs associated with the internship must be borne by the student, who will have to make his or her arrangements for travel, accommodation and other costs.
UNDP accepts no responsibility for the medical and life insurance of the intern or costs arising from accidents and illness incurred during an internship. The Intern must provide proof of enrolment in a health insurance plan;
The purpose of the Internship Programme is not to lead to further employment within the UN System, but to complement an intern’s studies. Therefore, there should be no expectation of employment at the end of an internship. The Intern will not be eligible to apply for, or be appointed to, any post in UNDP during the period of internship or for the six months immediately following the expiration date thereof;
Interns are not staff members and may not represent UNDP in any official capacity.
UNDP only accepts interns for a minimum of 6 weeks and a maximum of 6 months
Selected candidates must submit following documents prior to joining:
A duly completed UNDP Internship Application Form
A signed UNDP Internship Agreement
Copy of updated CV/resume
Official letter from the university confirming current enrolment and graduation date;
Copy of passport/national ID card;
A copy of his/her school transcript;
Letter of endorsement/recommendation from a Professor
Proof of valid medical/accident insurance for the duty station for which they will work;