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Finance Internship

Employer
iamneo.ai
Location
Coimbatore Coimbatore Tamil Nadu, Tamil Nadu, India
Salary
Competitive Salary
Closing date
Jul 24, 2024

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Job Role
Finance Intern
Sector
Finance
Contract Type
Internship
Hours
Full Time
Responsibilities
  • Assist in preparing monthly, quarterly, and annual financial reports, under supervision, including income statements, balance sheets, and cash flow statements.
  • Learn to analyze financial data to identify trends, variances, and opportunities for optimization.
  • Support in forecasting and budgeting processes, contributing to strategic decision-making efforts.
  • Assist in processing vendor invoices, verifying expenses, and ensuring payments are made on time.
  • Gain experience in monitoring accounts receivable, assisting with follow-ups on outstanding invoices, and basic collections management.
  • Learn to reconcile accounts and help resolve discrepancies under guidance.
  • Shadow department heads to understand budget development and management processes.
  • Participate in monitoring budget performance and contributing to regular updates to management.
  • Contribute ideas for potential cost savings and efficiency improvements.
  • Ensure compliance with regulatory requirements and internal policies under supervision.
  • Support audit processes by assisting in preparing documentation and collaborating with auditors as required.
  • Learn about internal controls and their role in mitigating financial risks.
  • Gain exposure to maintaining financial systems and databases, ensuring data accuracy and integrity.
Requirements
  • Bachelor's degree in Finance, Accounting, or related field.
  • Candidates with 6 months prior experience are preferred.
  • Strong interest in pursuing a career in finance or accounting.
  • Basic understanding of financial principles and practices.
  • Familiarity with Microsoft Excel; knowledge of financial software applications is a plus.
  • Analytical mindset with a willingness to learn and develop problem-solving skills.
  • Detail-oriented with a commitment to accuracy in work.
  • Good communication skills with the ability to collaborate effectively in a team environment.
  • Ability to take initiative and willingness to learn from experienced professionals.

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