Finance Intern

Description:

We are seeking a detail-oriented Finance Intern to support daily financial operations, including processing payments, managing accounts receivable and payable, maintaining the cash book and general ledger, and performing bank reconciliations. The role also involves cash flow forecasting, financial administration, and supporting accurate record-keeping. The ideal candidate has a basic understanding of accounting principles, strong numerical skills, and proficiency in accounting systems and Microsoft Excel.

The duties and responsibilities of this position include (but are not limited to):

• Process supplier payments using banking systems.
• Raise customer and supplier invoices on accounting systems.
• Maintain and update the cash book on accounting systems.
• Maintain the cash management schedule and prepare cash flow forecasts to support financial planning.
• Manage accounts receivable and accounts payable.
• Assist with day-to-day accounting tasks and general financial administration.
• Perform bank reconciliations and ensure accuracy of financial records.
• Manage petty cash and related documentation.
• Maintain and update the general ledger.
• Utilize accounting software and Microsoft Excel for data entry, reporting, and analysis.
• Support problem-solving and decision-making processes under supervision.
• Provide general administrative support to the finance team as required.

Required Skills and Competencies:

• Basic understanding of accounting principles (e.g., double-entry bookkeeping, general ledger).
• Strong numerical and analytical skills with high attention to detail.
• Computer literate, with proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Ability to work independently and collaboratively within a team.
• Effective communication and interpersonal skills.
• Excellent organisational and time-management abilities.
• Self-motivated with a proactive desire to learn and adapt in a dynamic financial environment.

Role Qualifications and Experience:

• Financial Management Diploma or an equivalent qualification with a practical work experience component.
• Prior exposure to basic accounting or finance-related tasks is advantageous but not mandatory.

Requirements:

• Process supplier payments using banking systems.
• Raise customer and supplier invoices on accounting systems.
• Maintain and update the cash book on accounting systems.
• Maintain the cash management schedule and prepare cash flow forecasts to support financial planning.
• Manage accounts receivable and accounts payable.
• Assist with day-to-day accounting tasks and general financial administration.
• Perform bank reconciliations and ensure accuracy of financial records.
• Manage petty cash and related documentation.
• Maintain and update the general ledger.
• Utilize accounting software and Microsoft Excel for data entry, reporting, and analysis.
• Support problem-solving and decision-making processes under supervision.
• Provide general administrative support to the finance team as required.

• Basic understanding of accounting principles (e.g., double-entry bookkeeping, general ledger).
• Strong numerical and analytical skills with high attention to detail.
• Computer literate, with proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Ability to work independently and collaboratively within a team.
• Effective communication and interpersonal skills.
• Excellent organisational and time-management abilities.
• Self-motivated with a proactive desire to learn and adapt in a dynamic financial environment.

• Financial Management Diploma or an equivalent qualification with a practical work experience component.
• Prior exposure to basic accounting or finance-related tasks is advantageous but not mandatory.