How to hire an internal audit internship

How to hire an internal audit internship, step by step

Here's a step-by-step internal audit internship hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write an internal audit internship job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new internal audit internship
• Step 8: Go through the hiring process checklist

What does an internal audit internship do?

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1. Identify your hiring needs

   Before you start hiring an internal audit internship, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them an internal audit internship to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an internal audit internship that fits the bill.

   Here's a comparison of internal audit internship salaries for various roles:

   Type of Internal Audit Internship	Description	Hourly rate
   Internal Audit Internship	Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time... Show more	$5-34
   Auditor/Quality	A quality auditor is responsible for inspecting the company's services and products, ensuring its adherence to business requirements and internal regulations. Quality auditors analyze the efficiency of operational functions and production processes to maintain high-quality deliverables with the utmost consideration for the safety and security of the production staff... Show more	$11-24
   Quality Assurance Auditor	Quality assurance (QA) analysts are responsible for testing company products and processes. Through testing, QA analysts ensure that the product or process is ready for production... Show more	$23-58

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Internal Audit
   • Data Analytics
   • SOX
   • Patients
   • Sarbanes-Oxley
   • Risk Management
   • Audit Reports
   • Audit Procedures
   • Financial Statements
   • Risk Assessments
   • Audit Projects
   • Internal Control Procedures
   • Audit Plan
   • Audit Findings

   Check all skills

   Responsibilities:

   • Test Sarbanes-Oxley controls for institutional billing, wholesaler incentive compensation, retail manage account revenue, and journal entry processing.
   • Review management's SOX testing, identify exceptions and communicate to management.
   • Perform basic bookkeeping, keeping accurate track of numerous transactions per GAAP standards.
   • Perform substantive testing of revenue, purchases, and payments in order to evaluate accuracy and compliance with GAAP.
   • Gather audit evidence/supporting documentation for the SOX compliance audit.
   • Document internal controls, conduct financial statement analysis, and perform daily tasks on Sarbanes-Oxley testing.

   More internal audit internship duties

3. Make a budget

   Including a salary range in your internal audit internship job description is one of the best ways to attract top talent. An internal audit internship can vary based on:

   • Location. For example, internal audit interns' average salary in wyoming is 44% less than in new york.
   • Seniority. Entry-level internal audit interns 83% less than senior-level internal audit interns.
   • Certifications. An internal audit internship with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in an internal audit internship's salary.

   Average internal audit internship salary

   $14.55hourly

   $30,264 yearly

   ---

   Entry-level internal audit internship salary

   $12,000 yearly salary

   Updated January 20, 2026

   Average internal audit internship salary by state

   Rank	State	Avg. salary	Hourly rate
   1	New York	$36,005	$17
   2	New Jersey	$33,332	$16
   3	District of Columbia	$32,905	$16
   4	Massachusetts	$31,679	$15
   5	California	$31,620	$15
   6	Virginia	$27,279	$13
   7	Washington	$26,787	$13
   8	Colorado	$26,575	$13
   9	South Dakota	$26,512	$13
   10	Illinois	$26,006	$13
   11	Arizona	$25,038	$12
   12	Texas	$24,931	$12
   13	North Carolina	$24,622	$12
   14	Pennsylvania	$24,455	$12
   15	Ohio	$24,174	$12
   16	Missouri	$23,881	$11
   17	Nevada	$23,743	$11
   18	Indiana	$23,143	$11
   19	Georgia	$22,892	$11
   20	Kansas	$22,797	$11

   Average internal audit internship salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	MDU Resources	$142,884	$68.69
   2	Oppenheimer & Co	$114,368	$54.98
   3	Volvo Trucks	$103,595	$49.81	2
   4	KraftCPAs P	$85,293	$41.01
   5	Edward Jones	$80,147	$38.53	2
   6	Beth Israel Deaconess Medical Center	$75,438	$36.27
   7	Assurant	$67,984	$32.68
   8	Worthington Industries	$63,940	$30.74
   9	AmTrust Financial	$62,109	$29.86	3
   10	Black Hills	$59,467	$28.59
   11	KeyBank	$54,482	$26.19	1
   12	HealthEquity	$53,150	$25.55
   13	CONMED	$45,828	$22.03
   14	San Diego Association of Governments	$40,248	$19.35
   15	Sunrise Senior Living Management Inc	$38,721	$18.62
   16	Ingredion	$38,527	$18.52	2
   17	UPS	$38,247	$18.39	3
   18	Touro College	$36,157	$17.38	2
   19	Cable ONE	$34,621	$16.64
   20	Rangam Consultants	$32,670	$15.71

4. Writing an internal audit internship job description

   A job description for an internal audit internship role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an internal audit internship job description:

   Internal audit internship job description example

   Current Employees:
   If you are a current employee at Ryder (not a Contractor or temporary employee through a staffing agency), please click here to log in to Workday to apply using the internal application process. To learn how to apply for a position using the Career worklet, please review this quick reference guide.
   
   Job Seekers can review the Job Applicant Privacy Policy by clicking HERE.
   
   You are the driving force behind our company.Start your career with Ryder today!
   
   Internship Summary:The Ryder Audit Services department is a high-performing team that provides internal audit services and support to business leaders across the organization.
   Ryder Audit Services provides both audit and advisory activities aimed at adding value and driving continuous improvement in Ryder's business processes and providing assurance that the Company remains compliant with a variety of internal policies and external regulatory obligations.Ryder Audit Services is looking for Interns to assist with a variety of audit projects in Accounting, Finance, Operations, and Information Technology. The intern may work on SOX or other compliance audits, process audits, vendor audits, and IT general control audits, among others. Interns are assigned to audits based on the resource needs at the time of the internship.This opportunity will be a remote part time (20 hours per week) internship within Ryder Audit Services that is flexible allowing you to work around your class schedule.As an Audit Intern you will:Learn the fundamentals of auditing and business operations through formal and on-the-job training and participation in SOX or other compliance, process, vendor, and IT general controls audit assignments Perform audit procedures, including identifying and defining issues, developing criteria, reviewing/analyzing evidence, and documenting auditee processes and procedures Prepare working papers, conduct interviews, review documents, and compose summary memos Identify, develop, and document issues and recommendations using independent judgment concerning areas being reviewed Communicate or assist in communicating the results of projects via written reports and oral presentations to management Qualifications:Successful candidates must be at least an incoming Junior pursuing a BA/BS in Accounting, Business, Finance, or Information Systems, with coursework in accounting, data analytics, economics, computer programing or other financial centric curriculum Strong written and oral communication skills Strong knowledge of Microsoft Office products Additionally, we prefer:Strong academic aptitude and well-developed analytical problem-solving skills Demonstrated success in completing team projects and working in a team environment Strives to gain knowledge of the company and business operations Demonstrates personal accountability and urgency in completing assignments and achieving results
   
   Job Category
   Intern
   
   Ryder is proud to be an Equal Opportunity Employer and Drug Free workplace. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
   
   Job Seekers can review the Job Applicant Privacy Policy by clicking HERE.

   Copy this example

   

5. Post your job

   There are various strategies that you can use to find the right internal audit internship for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your internal audit internship job on Zippia to find and recruit internal audit internship candidates who meet your exact specifications.
   • Use field-specific websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post a job on free websites.

6. Interview candidates

   Your first interview with internal audit internship candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new internal audit internship

   Once you've decided on a perfect internal audit internship candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

   Once that's done, you can draft an onboarding schedule for the new internal audit internship. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire an internal audit internship?