Finance Intern

Role & responsibilities

• Generating and preparing financial reports, including balance sheets, income statements, cash flow statements, and other financial statements as required
• Ensuring accuracy, completeness, and compliance with accounting standards and organizational policies
• Financial Analysis:Conducting financial analysis to interpret and evaluate financial performance, identify trends, variances, and key financial indicators
• Providing insights and recommendations to management based on financial analysis to support decision-making processes
• Budgeting and Forecasting:Assisting in the preparation of annual budgets, forecasts, and financial projections for the organization
• Monitoring budget performance, analyzing variances, and identifying areas for cost optimization and efficiency improvement
• Financial Planning and Strategy:Supporting the development and implementation of financial plans, strategies, and initiatives aligned with organizational goals and objectives
• Participating in strategic financial planning discussions and providing input on financial implications and feasibility of strategic initiatives
• Accounts Receivable and Accounts Payable:Managing accounts receivable functions, including invoicing, collections, credit management, and reconciliation of customer accounts
• Overseeing accounts payable processes, vendor management, invoice processing, payment approvals, and reconciliation of supplier accounts
• Financial Compliance and Controls:Ensuring compliance with financial regulations, accounting standards, and internal control procedures
• Conducting periodic reviews, audits, and assessments to assess the effectiveness of financial controls and mitigate risks
• Financial Systems and Processes:Utilizing financial systems and software applications to streamline financial processes, data management, and reporting
• Identifying opportunities for process improvement, automation, and efficiency enhancement within the Finance function
• Financial Stakeholder Management:Collaborating with internal stakeholders, including Finance team members, department heads, and senior management, to provide financial insights, analysis, and support
• Communicating effectively with external stakeholders, such as auditors, regulatory authorities, and financial institutions, as necessary