Finance Intern MMH260723-9
Momentum
Role Purpose
To provide administrative and financial support to the Finance team by assisting with day-to-day accounting activities, reconciliations, financial record keeping, reporting, and compliance processes. The Finance Intern will gain practical exposure to financial management, accounting principles, statutory compliance, and financial reporting while developing the skills required for a professional career in finance.
Requirements
- Grade 12 (Matric) with Mathematics (Mathematical Literacy may be considered where applicable).
- A completed National Diploma, Bachelor's Degree, or Advanced Diploma in one of the following:
Accounting
Financial Management
Finance
Cost and Management Accounting
BCom Accounting
BCom Finance
Or an equivalent Finance-related qualification.
- South African citizen or legally authorised to work in South Africa.
- Must not be participating in another internship or graduate programme at the time of appointment.
- Willingness to work from the office as required.
- Ability to maintain confidentiality when handling sensitive financial information.
- Basic understanding of accounting principles and financial reporting.
- Basic knowledge of bookkeeping practices.
- Understanding of debit and credit principles.
- Basic knowledge of Microsoft Office, particularly Excel.
- Understanding of financial administration processes.
- Awareness of financial controls and governance principles.
- Basic understanding of South African tax principles (VAT) and statutory compliance will be advantageous.
- Knowledge of accounting systems
Duties and Responsibilities
PROCESS
- Assist with capturing financial transactions into the accounting system accurately and timeously.
- Assist in maintaining and reconciling general ledger accounts under supervision.
- Support the preparation and processing of journals.
- Assist with bank and balance sheet reconciliations.
- Assist with accounts payable and accounts receivable administration.
- Verify supporting documentation before processing payments.
- Assist with capturing supplier invoices and ensuring supporting documentation is complete.
- Assist with maintaining the fixed asset register and supporting asset verification exercises.
- Perform reconciliations and investigate outstanding or unreconciled items.
- Prepare and maintain accurate financial records and filing systems.
- Scan, file and archive finance documentation in accordance with record management requirements.
- Assist with month-end and year-end financial close activities.
- Support the preparation of monthly management reports.
- Assist in compiling information required for statutory submissions.
- Provide support during internal and external audits by preparing requested documentation.
- Perform general finance administration and other duties as assigned.
CLIENT
- Respond professionally to internal finance queries.
- Liaise with internal departments regarding financial documentation and outstanding information.
- Build positive working relationships with suppliers and internal stakeholders.
- Escalate finance-related queries where appropriate.
- Deliver quality service within agreed turnaround times.
- Maintain confidentiality of financial information at all times.
PEOPLE
- Develop productive working relationships with team members and stakeholders.
- Demonstrate willingness to learn through coaching, mentoring and on-the-job training.
- Participate in team meetings and contribute ideas for improving finance processes.
- Continuously develop knowledge of accounting principles, financial systems, and applicable legislation.
- Demonstrate professionalism, accountability, and integrity in all tasks performed.
FINANCE
- Support accurate financial record keeping and reporting.
- Assist in identifying opportunities to improve administrative efficiency within the finance function.
- Handle company information and resources responsibly.
- Ensure compliance with company policies, financial procedures, and internal controls.
- Develop an understanding of budgeting, financial reporting, cash management, and financial controls through practical exposure.
Development Opportunities
During the internship, the successful candidate will gain exposure to:
- General Ledger Accounting
- Accounts Payable
- Accounts Receivable
- Bank Reconciliations
- Cashbook Processing
- Fixed Asset Management
- Financial Reporting
- Management Accounting
- Budgeting Processes
- Internal and External Audits
- Statutory Compliance
- Financial Systems (ERP)
- Internal Controls and Governance
As an applicant, please verify the legitimacy of this job advert on our company career page.-346021296