Who We Are
The Texas Permanent School Fund (PSF) is a constitutionally established education endowment with a 150+ year history of supporting Texas public schools. Today, PSF manages more than $57 billion in assets and invests with a long-term perspective to generate sustainable funding for Texas K–12 education. Through a diversified investment platform, along with strong operational, legal, financial, and governance functions, PSF serves as a careful steward of public capital. Our work helps secure billions of dollars in school district bonds and supports more than 5 million students across 1,000+ school districts statewide. Guided by principles of fiduciary responsibility, integrity, and service to Texans, PSF plays an enduring role in strengthening public education and investing in Texas’s future.
Job Summary:
The Internal Audit Intern position offers a valuable opportunity for current undergraduate and graduate students or recent May 2026 graduates to gain hands-on experience in accounting and auditing. The intern will work closely with experienced auditors to learn about financial statement analysis, risk assessment, and regulatory compliance. Responsibilities include assisting with audits, reviewing financial records, testing internal controls, and identifying areas for improvement. The intern may also participate in management meetings, draft audit reports, and contribute to special projects. This role is ideal for individuals pursuing a career in auditing or accounting, providing practical training and exposure to real-world audit processes.
Duties and Responsibilities:
Assist in conducting internal audits of company processes, procedures, and controls.
Assist in developing audit plans, testing procedures, and workpapers.
Help identify areas of potential risk or non-compliance and make recommendations for improvement.
Review and analyze financial statements, reports, and documentation for accuracy and compliance with regulations.
Assist in preparing audit reports and presentations for management.
Support the audit team in special projects and initiatives as needed.
Required Minimum Qualifications:
Must be enrolled in a four-year accredited institution.
Must be an undergraduate rising junior or senior (May 2026 graduates are welcome) or a graduate student.
Must have a cumulative GPA of 3.0 or higher while majoring in Accounting, Finance, or other related business areas.
Knowledge, Skills, and Abilities:
Proficiency in Microsoft Excel and other relevant software for data analysis.
Knowledge of accounting principles and regulations to ensure compliance.
Strong critical thinking and analytical skills to identify and resolve issues.
Attention to detail and diligence to ensure accuracy in auditing processes and reports.
Excellent written and verbal communication skills for reporting findings and recommendations.
Ability to adapt to changing priorities and work in a fast-paced environment.
Willingness to learn and take on new challenges in internal auditing.
Ability to maintain the security and integrity of the infrastructure.
Physical Requirements
Ability to sit and work at a desk and computer for extended periods. Work requires mobility around the worksite routinely to carry out duties. This position may periodically require the ability to lift, carry, move and/or set up equipment and materials that weigh up to 15 pounds.
Travel/Schedule Requirements
Domestic and/or international travel up to 15%
Hybrid office/telework schedule with majority of time spent in-office.
Ability to work/travel outside of normal business hours.
Key Benefits
Texas PSF’s status as a special purpose governmental corporation allows for a unique opportunity to provide state employee benefits along with other company perks. Our extensive state employee benefits package includes retirement benefits, employer paid health and basic life insurance, generous paid holidays, and multiple retirement options—along with longevity pay and a range of optional insurance plans. You can find additional benefits details at www.ers.texas.gov. Employees also enjoy various in-house training and professional development opportunities, free downtown parking, flexible work arrangements, and an office location near the Moody Amphitheater at Waterloo Park.