The Finance and Accounting Intern will assist in day-to-day financial operations, support accounting tasks, and participate in financial analysis and reporting. This role offers a hands-on experience with essential finance and accounting functions in a professional environment, ideal for someone looking to grow their career in finance.
Key Responsibilities:
A) Financial Record Maintenance:
1. Support the finance team in organizing and maintaining financial records, including invoices, receipts, and expense reports.
2. Assist in ensuring timely and accurate data entry into accounting systems.
3. Reconcile accounts and verify discrepancies as needed.
B) Accounts Payable and Receivable Support:
1) Assist in processing invoices and managing payments to vendors.
2) Help in preparing and sending invoices, and following up on outstanding payments.
3) Aid in tracking and managing accounts receivable and payable for timely reporting.
C) Financial Reporting:
1. Participate in preparing monthly, quarterly, and annual financial reports.
2. Assist in creating presentations and summaries of financial data for management review.
3. Help with analysis of budgets and variances to support financial planning.
D) Budgeting and Forecasting:
1) Support the preparation of budget reports and forecasts.
2) Assist in comparing actual expenses with budgeted figures and identifying discrepancies.
3) Aid in analyzing financial data to help identify trends and opportunities for improvement.
E) Audit Support:
1. Prepare documentation and support the internal and external audit processes.
2. Assist in gathering and organizing financial data required for audits.
3. Help in implementing audit recommendations and maintaining compliance.
Required Skills:
1) Currently pursuing a Bachelor’s degree in Finance, Accounting, or a related field.
2) Knowledge of basic accounting principles and financial processes.
3) Proficiency in Microsoft Office Suite, particularly Excel.
4) Strong analytical skills and attention to detail.
5) Good written and verbal communication skills.
Preferred Skills:
1. Experience with accounting software (e.g., QuickBooks, SAP, Oracle) is a plus.
2. Basic understanding of financial statements (Balance Sheet, Income Statement, Cash Flow).
3. Knowledge of budgeting and forecasting processes.
4. Familiarity with tax laws and compliance requirements.
Key Competencies:
1) Analytical Thinking – Ability to analyze financial data and interpret financial reports.
2) Attention to Detail – Accuracy in handling data entry and verifying financial records.
3) Time Management – Ability to manage multiple tasks and meet deadlines effectively.
4) Problem-Solving – Proactively identifies issues in financial processes and suggests solutions.
5) Communication – Effectively communicates financial information with clarity and precision.
Job Type: Full-time
Pay: ₹6,000.00 - ₹8,000.00 per month
Benefits:
- Cell phone reimbursement
Schedule:
- Day shift
Supplemental Pay:
- Quarterly bonus
- Yearly bonus
Education:
- Bachelor's (Preferred)
Work Location: In person