Finance Intern at Umba

Job Summary:

• We are looking for a detail-oriented and motivated Finance Intern to join our team and assist with financial reconciliation tasks. This internship offers hands-on experience in managing and analyzing financial data, ensuring the accuracy of financial records, and supporting our Finance Department's daily operations.

Key Responsibilities:

Bank Reconciliation:

• Assist in the reconciliation of bank statements with company financial records.
• Identify and resolve discrepancies between bank records and the general ledger.

Account Reconciliation:

• Perform monthly reconciliations of various balance sheet accounts.
• Ensure that all reconciling items are investigated and resolved promptly.

Transaction Analysis:

• Review and analyze financial transactions to ensure accuracy and completeness.
• Assist in the investigation of any unusual or suspicious transactions.

Documentation and Reporting:

• Maintain accurate and organized reconciliation documentation.
• Prepare reconciliation reports and summaries for review by senior finance staff.

Support Financial Audits:

• Assist in the preparation of documentation required for internal and external audits.
• Provide support during audit processes, ensuring that all requested information is available.

Data Entry and Maintenance:

• Assist with data entry and maintenance of financial records in accounting software.
• Ensure all financial data is accurate and up-to-date.

Process Improvement:

• Identify opportunities to improve reconciliation processes and enhance efficiency.
• Assist in the implementation of new reconciliation tools or software.

General Administrative Support:

• Provide administrative support to the Finance Department as needed.
• Assist with other finance-related tasks and projects as assigned.

Qualifications:

• Currently pursuing or recently completed a Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Basic understanding of accounting principles and financial reconciliation processes.
• Proficiency in Microsoft Office, particularly Excel.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively in a team environment.