Internal Audit Intern - Summer 2026

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What we offer:

Group Summary:

POSITION OVERVIEW

The Internal Audit Intern assists in the performance of independent internal audits related to Financial, Compliance, IT and various other business activities to ensure that established policies and procedures are followed, and operational and financial standards are met. Internal Audit functions as a collaborative and supportive environment that can assist with your growth, both professionally and personally.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Performs financial, compliance & other audit activities within specified time periods

• Clearly documents procedures performed and the results, including control deficiencies to departmental standards

• Creates & maintains audit files

• Evaluates audit results to determine the quality and effectiveness of internal operating policies, internal controls, regulatory requirements, administrative procedures & reporting practices

• Identifies gaps in internal controls and provides recommendations for improvements where necessary

• Uses Internal Audit databases to aid in the writing of the report(s) and archive of audit results

• Performs research & prepares pre-audit files and background materials on auditees to ensure focused, efficient, and effective engagement execution

• Other duties as may be assigned from time to time by Internal Audit department management

QUALIFICATIONS:

· Prefer student majoring in accounting or finance

EDUCATION / EXPERIENCE

· High School Diploma

· Currently Attending a College or University

SPECIAL KNOWLEDGE / SKILLS:

· Proficient with Microsoft Office products, including advanced Excel skills

· Excellent communication skills, both verbal and written as well as listening skills

· Strong organization skills and the ability to successfully complete multiple tasks within established deadlines

· Ability to work efficiently within a team, as well as individually

· Strong attention to detail

· Ability to work with sensitive data and maintain confidentiality

· Strong personal values that are consistent with Magna International’s corporate values

PHYSICAL DEMANDS / WORK ENVIRONMENT:

· Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer.

· Ability to do overnight travel Monday thru Friday for a couple of weeks during the internship.

Awareness, Unity, Empowerment:

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

Notice regarding the use of AI:

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system.

These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team.

Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.