Internal Audit Associate

Cyperus Group LLC; New York (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

A leading auditing firm in New York is seeking an Associate – Internal Auditor to join their Internal Audit team. This role will focus on performing operational audits, assisting with inventory reviews, and providing insights to improve internal processes. The ideal candidate will have 1-2 years of experience in internal audit or finance, along with strong analytical skills and advanced Excel capabilities. This is an excellent opportunity for someone looking to advance within the audit and compliance sector.

Qualifications

• 1–2 years of experience in internal audit, accounting, finance, or a related field.
• Familiarity with internal audit standards and risk/control frameworks.
• Self-motivated and organized with strong data analysis capabilities.

Responsibilities

• Perform operational audits and assist with inventory reviews.
• Collaborate with the Inventory Control team to support physical inventory procedures.
• Analyze inventory movements and prepare reports for Finance and Accounting.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Excellent communication

Excel proficiency

Education

Bachelor’s or Master’s degree in Accounting, Finance, or a related discipline

Job description

The Internal Audit and Control team plays a critical role in strengthening the organization’s operations by evaluating and improving risk management, internal controls, and business processes. The group works closely with retail, finance, and operations teams to safeguard company assets, ensure the accuracy of financial records, and promote adherence to internal policies and regulatory requirements.

The Opportunity

The Associate – Internal Auditor will support the Internal Audit team by performing operational audits, assisting with inventory reviews, and helping identify opportunities to improve internal processes. This role will also collaborate with the Inventory Control team to review cycle counts, support physical inventory procedures, and provide reporting insights to management.

Key Responsibilities

• Perform recurring operational and analytical reviews to support internal audit initiatives.
• Assist in monitoring and completing internal control questionnaires and documentation.
• Partner with the Corporate Inventory Control team on inventory management and issue resolution for retail stores and distribution centers.
• Review inventory and cycle count reconciliations across retail locations and distribution facilities.
• Analyze retail and wholesale inventory movements and prepare reports for the Finance and Accounting teams during the month-end close process.
• Travel to retail stores and distribution centers to assist with physical inventory counts, cycle count reviews, and training initiatives.
• Support audits related to sustainability initiatives such as recycling or upcycling programs.
• Prepare data and documentation for quarterly and annual external audit requests.
• Contribute to special projects and other ad hoc assignments as needed.

Qualifications

• 1–2 years of experience in internal audit, accounting, finance, or a related field.
• Experience within retail, consumer products, or apparel industries is a plus.
• Bachelor’s or Master’s degree in Accounting, Finance, or a related discipline.
• Familiarity with internal audit standards and risk/control frameworks.
• Strong analytical and problem-solving skills with a high level of attention to detail.
• Excellent written and verbal communication skills.
• Self-motivated, organized, and able to work independently in a fast-paced environment.
• Advanced Excel skills and strong data analysis capabilities.