Accounting Intern

A summary of this position:

The Accounting Intern will have a basic understanding of GAAP and financial principles and terms and be ready for an immersive, real-world experience. Under the supervision of our team, the Accounting Intern can expect to participate in the preparation of journal entries and financial reports, analyze actual economic data, learn more about bookkeeping software, and assist with other accounting activities. You should be a motivated team player who can maintain efficiency and accuracy when multitasking.

Major duties and responsibilities:

• Receive and process all vendor invoices and manual expense claims submitted via email.
• Assist in the processing of vendor invoices and expense reports using the QAD/Concur systems, ensuring familiarity with 3-way matching and the company’s invoice approval matrix.
• Ensure correct VAT treatment on invoices and accurately post VAT information in the system. Support monthly and quarterly VAT reconciliations, ensuring compliance with FTA filing requirements.
• Accurately post intercompany invoices and assist with intercompany reconciliations to maintain consistency and alignment across accounts.
• Ensure timely and accurate data entry into the accounts payable system.
• Learn to prepare journal entries (JVs) in accordance with company policies, ensuring all necessary approvals are obtained before posting.
• Reconcile accounts and follow up with vendors to resolve discrepancies.
• Maintain accurate records of payment transactions and related supporting documentation.
• Assist with preparing payment runs and ensure compliance with company policies.
• Support month-end closing activities, including accruals, prepayments, and other related reconciliations.
• Communicate effectively with internal teams and external vendors to resolve any invoice/payment issues or discrepancies.
• Perform general administrative tasks such as filing, scanning, and organizing documents to ensure smooth operations.
• Archive all documents in accordance with company procedures.
• Provide support to the finance team with any additional tasks or projects as needed.

Education level: Bachelor’s Degree in accounting.

Experience: 0-1 year of experience in a similar position.

Additional Requirements:

• Aptitude for math, proficiency with computers.
• Strong verbal and written communication skills.
• High level of efficiency, accuracy, and responsibility.
• Motivation and a strong desire to take on new challenges and learn as much as possible.