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Graduate Intern - Financial Audit (Division M)

Job Description

The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.

The Audit Bureau conducts informative and meaningful audits, independent assessments, and objective reviews to examine and report on City operations and services. The Bureau strives to improve the City’s financial position, identify and mitigate risks, and ensure that services are provided efficiently, effectively and equitably. By reporting our findings to City officials, oversight bodies and the public, we increase transparency and accountability, promote integrity, and strengthen public trust. Intern will participate in an audit(s) or review(s) of the City's finances, programs, and/or operations. Interns will work in a team environment and will learn and apply government auditing standards and audit procedures.

Responsibilities of the Financial Audit Intern include, but are not limited to:

* Conducting research
* Participating in interviews of City agency officials and walk-throughs meetings to develop an understanding of operations
* Participating in team discussions about the selection and design of audit procedures
* Performing analysis
* Preparing spreadsheets, memos, and flowcharts to document and summarize audit evidence

QUALIFICATION REQUIREMENT: Matriculation at an accredited graduate school. Employment is conditioned upon continuance as a student in graduate school.

IMPORTANT:
- Our office is located at the David Dinkins Municipal Building, 1 Centre St. in Manhattan/New York.
- All interns will work in-person in the office, Monday – Thursday, 28 hours per week.
- The employment period will be from June 2 – July 31, 2025.

Qualifications

Candidates must be currently enrolled in a graduate degree program in an accredited college, university or law school.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

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What You Should Know About Graduate Intern - Financial Audit (Division M), City of New York

Are you looking to kick-start your career in financial auditing? The New York City Comptroller’s Office is offering an exciting Graduate Intern position in the Financial Audit Division M, right in the heart of New York City. This role is a unique opportunity to dive into the financial health of our city and work alongside a dedicated team focused on accountability and transparency. As a Financial Audit Intern, you will participate in various audits and reviews of City operations, gaining hands-on experience with government auditing standards and procedures. Your responsibilities will include conducting research, engaging with City agency officials during interviews and meetings, and collaborating on audit procedures. You will also have the chance to perform in-depth analyses and create essential documentation such as spreadsheets, memos, and flowcharts, ensuring all audit evidence is summarized effectively. This position is perfect for students currently enrolled in a graduate program, as your employment is conditioned upon you remaining a student. Interns will work Monday to Thursday, dedicating 28 hours a week in person at our office located at the iconic David Dinkins Municipal Building. Your journey with us from June 2 to July 31, 2025, will not only enhance your resume but will also enable you to contribute to a just and equitable city. Come be a part of this crucial mission!

Frequently Asked Questions (FAQs) for Graduate Intern - Financial Audit (Division M) Role at City of New York
What does a Graduate Intern - Financial Audit at the New York City Comptroller’s Office do?

As a Graduate Intern - Financial Audit at the New York City Comptroller’s Office, you will engage in auditing the city's finances, programs, and operations. Your work will include research, interviews with City officials, and analysis to help ensure transparency and accountability in the city's financial dealings.

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What qualifications are needed to apply for the Graduate Intern - Financial Audit position?

Candidates must be currently enrolled in a graduate degree program from an accredited college, university, or law school. This ensures that you have the necessary academic foundation to effectively participate in the auditing processes.

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What will I learn as a Graduate Intern - Financial Audit at the Comptroller’s Office?

During your internship, you will learn government auditing standards and procedures, participate in team discussions about audit designs, and gain real-world experience that will be invaluable for your future career in finance or public administration.

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Is the Graduate Intern - Financial Audit role paid?

Yes, the Graduate Intern - Financial Audit position at the New York City Comptroller’s Office is a paid internship. It provides not only an income but also the invaluable experience of working in a prestigious city government role.

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Where is the New York City Comptroller’s Office located?

The New York City Comptroller’s Office is located at the David Dinkins Municipal Building, at 1 Centre St. in Manhattan. This central location makes it easily accessible for your in-person work requirement.

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What are the working hours for the Graduate Intern position?

Interns are required to work in person from Monday to Thursday for a total of 28 hours per week. This schedule allows you to balance your studies while gaining critical work experience.

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What is the duration of the Graduate Intern - Financial Audit internship?

The internship runs from June 2 to July 31, 2025. This timeframe gives you a robust period to engage meaningfully with projects, build your skills, and make impactful contributions.

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Common Interview Questions for Graduate Intern - Financial Audit (Division M)
What interests you about the Graduate Intern - Financial Audit position?

This is your chance to showcase your passion for public service and financial integrity. Highlight specific aspects of the role or the office’s mission that resonate with you, such as a commitment to transparency or accountability in city government.

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Can you describe your understanding of government auditing standards?

Prepare to discuss generally accepted auditing standards (GAAS) and how they apply in real-world scenarios. Mention key principles such as independence, objectivity, and ethical considerations that guide auditors in public service.

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How do you handle challenges when working in a team environment?

Highlight your teamwork and communication skills by giving an example of a past experience. Discuss how you address conflicts constructively and promote collaboration towards shared goals.

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What research methods do you find most effective for conducting audits?

Discuss both qualitative and quantitative research approaches. Emphasize your ability to analyze data sources and how you can adapt these methods to gather relevant information efficiently during an audit.

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Can you provide an example of how you've utilized analytical skills in your studies or previous work?

Share a specific project where you analyzed complex data. Explain the methods you used, the challenges you faced, and how your findings contributed to a successful outcome or decision-making process.

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How familiar are you with financial analysis tools and software?

Mention specific tools you have experience with, such as Excel, QuickBooks, or other financial analysis platforms. Discuss any coursework or projects where you applied these tools to enhance your analytical capabilities.

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What steps would you take to prepare for an audit of a city agency?

Outline a systematic approach that includes gathering background information, understanding the agency’s operations, reviewing previous audits, and preparing relevant audit procedures tailored to the agency's context.

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How do you ensure accuracy and quality in your documentation?

Discuss your attention to detail and organizational skills. Provide examples of how you implement checks and balances in your work to maintain high standards in documentation and reporting.

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Why is transparency important in government financial operations?

This is an opportunity to express your belief in ethical governance. Discuss how transparency builds public trust and how it can lead to better decision-making and accountability in the use of taxpayer funds.

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Describe a time when you had to learn something quickly for a project or task.

This question allows you to demonstrate your adaptability and willingness to learn. Prepare a story that illustrates how you approached a steep learning curve, what resources you used, and the successful outcomes that followed.

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Internship, on-site
DATE POSTED
November 29, 2024

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