Internal Audit Intern

Cleveland-Cliffs Steel Corporation; West Chester (Chester County); On-site; USD 25,000 - 36,000; Full time

Benefits offered by this job

Health insurance

Education assistance

Paid time off

Job summary

Cleveland-Cliffs Inc. is seeking a summer Internal Audit Intern at Burns Harbor, IN, to support SOX scoping, planning, testing, and audit programs. The internship offers hands-on exposure to corporate accounting within a Fortune 500 company and the chance for future full-time employment.

Responsibilities include planning audits, executing tests, documenting results, and communicating findings to management. Enrollment in a BS program and U.S. work authorization are required.

Qualifications

• Enrollment in a BS program in Accounting, Finance, or another business-related field.
• Must have completed at least the sophomore year by Summer 2027.
• Authorized to work in the United States on a full-time basis.

Responsibilities

• Assist with SOX scoping, planning, and administration including planning memos and risk/control matrices.
• Execute testing of key SOX controls in the annual test plan.
• Assist management in preparation of planning memorandums and audit programs.
• Conduct audits with detailed planning and defined objectives with management.
• Evaluate process, system, and control effectiveness using accounting and auditing knowledge.
• Assist in preparation and presentation of audit results.
• Identify value-added solutions to address issues identified.
• Recommend operational improvements to ensure proper controls over assets.
• Monitor status of audit action plans.
• Maintain confidentiality of audit findings and company information.
• Develop working relationships with Internal Audit stakeholders.
• Adhere to Standards for the Professional Practice of Internal Auditing and IIA Code of Ethics.

Education

Bachelor of Science in Accounting/Finance or related Business field

Completion of sophomore year by Summer 2027

Job description

Location: West Chester, OH Cleveland-Cliffs takes pride in offering a variety of opportunities for students and new graduates who have an interest in the steel industry and a passion for innovation and sustainability. We offer a best-in-class internship program in the industry and partner with many universities to provide co-op opportunities. Working beside industry-leading engineering and operational leaders, our interns/co-ops will create meaningful solutions to real-world problems. As an intern/co-op with Cleveland-Cliffs, you will build life-long professional connections and have the opportunity to be considered for future full-time employment. Cleveland-Cliffs is looking for a summer Internal Audit Intern at our Burns Harbor, Indiana location. This internship offers hands-on experience and exposure to corporate accounting at a Fortune 500 company. Primarily working with the Internal Audit Department. The Department's primary objectives are to create an audit plan focused on the Company's greatest risks and to provide value-added advisory and assurance services. The Department achieves these objectives by continuously evaluating organizational and emerging risks, participating in Company initiatives and projects, and supporting risk-management activities. This intern will have exposure to senior leadership within the Internal Audit Department.

Summary of Responsibilities

• Assist with SOX scoping, planning, and administration, including maintenance of process documentation, planning memos, risk and control matrices, and testing plans.
• Execute testing of key SOX controls in conjunction with the annual test plan.
• Assist Internal Audit management in the preparation of planning memorandums and audit programs.
• Conduct audits, including the detailed planning of each audit and agreeing the audit objectives and scope with management.
• Evaluate and document process, system, and control effectiveness through the application of accounting, auditing, and business knowledge; collect, analyze, and document information to support audit results.
• Assist in the preparation and presentation of audit results.
• Identify constructive and value-added solutions to address issues identified.
• Recommend operational improvements which ensure that proper controls are exercised over all aspects of the business and that company assets are conserved, protected and accurately presented.
• Monitor status of action plans arising from audits.
• Maintain confidentiality of audit findings and company proprietary information.
• Develop and maintain effective working relationships with Internal Audit’s stakeholders.
• Conduct work in accordance with the Standards for the Professional Practice of Internal Auditing and Code of Ethics promulgated by the Institute of Internal Auditors.

Minimum Qualifications

• Enrollment in a Bachelor of Science program in Accounting, Finance, or other Business-related field
• Must have completed at least sophomore year of study by the summer of 2027
• Applicants for this position must be currently legally authorized to work in the United States on a full-time basis.

Cleveland-Cliffs Inc. is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. We offer an excellent total compensation package including competitive pay with variable compensation opportunity, health insurance, retirement plan, education assistance, paid time off, and more. Cleveland-Cliffs Inc. is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please send an e-mail to [e-mail] or call 1-[phone] and let us know the nature of your request and your contact information. Cleveland-Cliffs Inc. is an equal opportunity employer – M/F/Veteran/Disability. We are a drug-free workplace and conduct pre-employment screening as a condition of employment. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs is also the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. As a team of more than 30,000 people, we proudly serve a diverse range of markets and are the largest steel supplier to the automotive industry in North America. Built on a strong safety and environmental stewardship legacy, we operate responsibly and are committed to a sustainable future. With ongoing initiatives to reduce waste, improve water conservation, and reduce carbon emissions, we promise to become North America's leader in steelmaking and mining sustainability. Cleveland-Cliffs offers opportunities for high-performing individuals in a myriad of technical and professional disciplines. Whether in the field or office, Cleveland-Cliffs fosters an environment that empowers our employees to achieve their highest potential. Employees will be presented with a challenging and rewarding environment. A competitive compensation package, opportunities for advancement, and work-life balance all lead to a positive, passionate career at Cleveland-Cliffs.