Internal Audit Intern

Job Description

Internal Audit Intern (Summer 2027) | GlobalFoundries

The Tone:
This is a full-time internship position at GlobalFoundries. GlobalFoundries is a leading full-service semiconductor foundry, providing design, development, and fabrication services to some of the world’s most inspired technology companies. With a global manufacturing footprint spanning three continents, GlobalFoundries enables the technologies and systems that transform industries. This Internal Audit Intern position is a crucial entry point into the company’s talent pipeline, offering a meaningful work experience designed to equip students with essential skills for a successful career in the growing semiconductor industry. The role contributes by evaluating internal controls, understanding business processes, and supporting audit activities across the organization, ensuring operational integrity and compliance.

The TL;DR
• Role: Internship
• Type: Full-time
• Location: In-person, Malta, NY
• Pay: $20.00–$40.00 hourly
• Team: Internal Audit team
• Mission: Gain hands-on experience evaluating internal controls, understanding business processes, and supporting audit activities across the organization.
• Tech Stack: Microsoft Excel, Word, PowerPoint, Power BI (preferred)

What You’ll Actually Do
• Assist in Control Evaluation: Support Internal Audit team members by assisting with business-process walkthroughs, documenting key controls, and aiding in the testing of control design and operating effectiveness.
• Analyze Compliance Data: Gather, sample, and analyze relevant data to support audit conclusions and evaluate compliance with established company policies, procedures, and applicable regulatory requirements.
• Prepare Audit Documentation: Create clear and concise audit workpapers, summarize the results of testing and observations, and maintain organized documentation that supports audit findings and recommendations.
• Collaborate and Develop: Work collaboratively with Internal Audit team members and various cross-functional partners to clarify process details, support ongoing audit activities, and actively participate in team meetings, training sessions, and professional development opportunities.

The Must-Haves
• Background: This is an entry-level internship position requiring at least a sophomore standing at the time of application, actively pursuing a Bachelor’s degree in Accounting, Business Administration, or a closely related field through an accredited degree program during the entire internship period.
• Experience: No specific prior professional experience is required for this role.
• Skills: Candidates must maintain an overall GPA of 3.0 or higher and be in good academic standing. Fluency in English, both written and verbal, is essential. Proficiency with Microsoft Excel, Word, and PowerPoint is required, alongside strong analytical, organizational, problem-solving, and documentation abilities.
• Bonus: Preferred qualifications include prior related internship or co-op experience, demonstrated leadership experience from the workplace, school projects, or competitions, and proven project management skills encompassing innovation, execution of solutions, and navigation of ambiguity. Additionally, coursework or a strong interest in auditing, accounting, internal controls, SOX, risk management, or process improvement, as well as exposure to Power BI or other data-analysis tools, are highly valued.