Finance intern

Position:

Intern 3-6 months 

Central Islip, NY

Finance Intern

The Finance & Accounting Intern will get exposure to core accounting functions like accounts payables, accounts receivables, inventory, physical verification, fixed assets accounting, and payroll accounting. Reporting directly to Manager Finance & Accounts.

Key Responsibilities:

Accounts payables.

• Obtain confirmations for processing all kind of vendor invoices.
• Monitoring vendor accounts to enable timely payment of vendor invoices.
• Periodic analysis of various expense heads.

Accounts receivables.

• Ensure prompt customer invoicing
• Monitor customer balances and follow up for timely payments.
• Prepare and analyze customer ageing reports.

Payroll Accountability.

• Create weekly reports for accounting purposes of Hourly/Salaried employees.
• Reports are also created for analyzing Overtime, Department total, and number of employees.

Monitoring of Financial Accounts.

• Weekly and monthly bank reconciliations are done to make sure that there are no discrepancies in any account.
• Record transactions in books of accounts.

Fixed assets and inventory valuation.

• Assist in fixed asset capitalization and depreciation.
• Assist in physical verification of assets.
• Assist in annual physical stock count of inventory.

Interactions with:

• Internal departments.
• External vendors.

Requirements:

• Current Finance Undergrad or obtained Undergraduate degree in Finance.
• Have knowledge of Excel.
• Willing to Learn SAP, with training provided.
• Willing to learn new excel functions.
• Must be able to work remotely.
• Demonstrable acceptable skills in oral and written communications, independent judgement, problem solving and effective managing and adhering to timeline