Are you passionate about finance and accounting, looking for an opportunity to apply your theoretical knowledge in the real world? The Mondia Group Finance Internship Program offers you the chance to gain practical experience and exposure to various processes within the business, helping you to sharpen your skills while contributing to the company’s success.
Finance Internship Program Overview
- Position: Finance Intern
- Location: Hybrid, Midrand, Gauteng, South Africa
- Posted: 4 days ago
- Job Type: Internship
- Duration: Temporary (Internship Period)
Key Responsibilities of a Finance Intern
As a Finance Intern at Mondia Group, you will be involved in a variety of tasks that will give you valuable insight into the workings of a finance department. Here are some of the key responsibilities:
- Transaction Input and Reporting:
- You will assist with the accurate input of transactions into the general ledger, which will be used by the wider finance function for reporting and analysis.
- Accounts Receivable (AR) Support:
- In this role, you will verify information for invoicing, collections, receipt, and allocation on the company’s ERP system, ensuring that payments are tracked accurately.
- Accounts Payable (AP) Support:
- You will support the AP team by verifying payment documentation, referencing outstanding bills, and processing disbursements. You will also help in closing vendor queries.
- Accruals Entry:
- Capturing monthly Revenue, Cost of Sales, and Opex accruals into the ERP system is another key responsibility, ensuring that financial records are accurate and up to date.
- Bank Payments:
- Uploading payments for local suppliers through the bank system is an important part of your duties, ensuring smooth cash flow management.
- General Ledger Review:
- You will be responsible for reviewing and reconciling the general ledger by identifying discrepancies, investigating their cause, and taking corrective actions where necessary.
- Fixed Asset Register Maintenance:
- Ensuring that the fixed asset register complies with generally accepted accounting principles is essential in this role.
- Petty Cash and Credit Card Reconciliations:
- You will assist with the maintenance of petty cash and credit card reconciliations to ensure that all financial records are kept in good order.
- Vendor/Creditor Vetting:
- Conducting vendor/creditor vetting and creating both local and foreign suppliers on the ERP system will help streamline the company’s supplier onboarding process.
- Audit Support:
- You will assist with providing the necessary documentation for the annual financial audit, ensuring that the company’s accounts are accurate and transparent.
- Ad-Hoc Projects:
- As part of your role, you will have the opportunity to contribute to various ad-hoc finance projects, gaining further exposure to different areas of the business.
Core Competencies and Skills Required
To succeed in the Mondia Group Finance Internship Program, you must possess a certain set of competencies and skills. Below are the core attributes required for this role:
- Accounting and Corporate Finance Knowledge:
- You should have a strong understanding of accounting principles and corporate finance procedures, which will help you carry out your responsibilities effectively.
- Experience in Audit and International Accounting:
- Having a background or interest in audit and international accounting will provide you with an added advantage in the role.
- Proficiency with Accounting Software:
- A working knowledge of accounting software platforms, particularly ERP systems, is essential to successfully carry out your duties.
- Advanced Excel Skills:
- Since most of the financial tasks require the use of Microsoft Excel, being comfortable with advanced Excel functions is a must.
- Mathematical Proficiency:
- A natural proficiency in mathematics will aid in your ability to perform financial calculations and analysis.
- Detail-Oriented and Deadline-Driven:
- The ability to work accurately and meet deadlines is crucial for the success of the finance team and your personal growth.
- Personal Integrity:
- As a finance intern, maintaining confidentiality and showing personal integrity in handling sensitive financial information is vital.
Technical Competencies
For this position, you will need to be proficient with:
- Microsoft Office Suite (Word, PowerPoint, Outlook), particularly Advanced Excel for data analysis and reporting.
- ERP Software: Familiarity with the company’s ERP system will be a key part of your role.
Educational and Experience Requirements
To qualify for the Mondia Group Finance Internship Program, you must meet the following educational and experience requirements:
Education:
- A Bachelor’s degree in Accounting or Finance is required. This ensures that you have the foundational knowledge in financial principles needed for the internship.
Experience:
- At least 1 year of relevant accounting experience is preferred, although internships or related exposure in a finance department will also be considered.
Benefits of the Internship
Working as a Finance Intern at Mondia Group offers several valuable benefits:
- Pension: You will have access to a pension plan, helping you secure your financial future.
- Medical Aid: The internship also includes medical aid, ensuring that your health needs are covered.
Recommended for you: From Personal Details to References: Building a Professional CV in 7 Easy Steps
How to Apply
- Prepare Your Documents: Update your CV, write a cover letter, and gather academic transcripts and references.
- Visit the Careers Page: Find the Finance Internship Program listing on the Mondia Group website or relevant job platform.
- Fill Out the Online Application Form: Complete personal details, education, experience, and skills sections.
- Upload Documents: Attach your CV, cover letter, and any other requested documents.
- Review Your Application: Ensure all information is accurate and documents are properly uploaded.
- Submit Your Application: Click Submit to send your application to Mondia Group.
The Mondia Group Finance Internship Program offers aspiring finance professionals the opportunity to gain real-world experience in a fast-paced and supportive environment. By applying for this internship, you will get hands-on experience in accounting, reporting, and financial analysis while also contributing to the success of a leading global business.
Also check: Mistakes to Avoid During Your Internship