FINANCE INTERNSHIP - Operational Finance Administrator
Ad Hoc client - 5415358 · Woodmead, Gauteng · Monthly Stipend - R7,400
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Start free — we apply for you →About the Internship
We are a leading distributor of top international brands, which involves importing, warehousing, sales, and marketing to the local market.
This internship is a collaboration between the Company, Yes-4-Youth and the Mastercard Foundation.
Interested applicants, who meet the criteria listed below are invited to apply via PNet and create a profile on the Mastercard Foundation as per the link below.
1. Hold South African Citizenship
2. Currently not employed
3. From a previously disadvantages background (African, Indian, Coloured)
4. Hold a completed BCom Finance degree
Mastercard Foundation Associates Program -url.za.m.mimecastprotect.com/s/Cs6xCX6VRWHXGLq2s6fkfWRn-U?domain=connect.yes4youth.co.za
What you’ll do
Reporting to the Financial Accountant and working with the sales, marketing and commercial teams, you will get to know the workings of operational finance in a business.
Support the operations team (Sales and Commercial) with purchase order administration, invoice verification and spend control.
Purchase Order and Trade Spend Administration
Receive, review and prioritise purchase order (PO) requests from Sales and Commercial teams, ensuring the timely and accurate processing of trade and marketing expenditure.
Manage the reconciliation of retailer remittances, billings, and invoices against approved contracts, trackers, budgets and purchase orders.
Review documentation to identify discrepancies, duplicate submissions, incorrect billing, or spend variances, and liaise with relevant stakeholders to ensure prompt resolution and accurate financial processing.
Process and raise purchase orders for key retail, wholesale, online and independent customer accounts, ensuring all expenditure is accurately matched to approved trackers, contracts and supporting documentation.
Validate invoice values against approved spend allocations and ensure all purchase orders accurately reflect the corresponding invoice details. Circulate the PO’s for signature and approval and share with Debtors once approved.
Monitor trade spend trackers to maintain accuracy and integrity of financial records. Identify variances, facilitate the creation of new tracker lines, and coordinate amendments, reallocations, savings or closures of existing lines where required.
Highlight budget overruns to the relevant Managers and assist in ensuring expenditure remains aligned to approved budgets. Update Marketing Purchase Orders (MPOs) and PO memo dates to reflect changes to promotional periods and expenditure timelines.
Administer Above-the-Line (ATL) marketing expenditure by validating spend against approved Marketing Purchase Orders, processing associated purchase orders, reconciling expenditure against budget allocations and maintaining accurate balances.
Provide ongoing financial administrative support to Managers by verifying invoice accuracy, ensuring compliance with company processes, resolving purchase order and billing queries, and maintaining complete and accurate records of all purchase orders, reconciliations, tracker amendments and supporting documentation.
The profile we are looking for
A completed BCom degree in FINANCE is essential.
Excellent written and verbal communication skills.
Proficient in Word and Excel
Resilience and ability to work in a high-pressured environment.
The ability to solve problems and apply appropriate judgement in decision making.
Customer service orientation.
Result-oriented with a sense of urgency.
Attention to detail with emphasis on emphasis on the quality of work.
Self-directed and can work independently.
Holds themselves accountable for delivery and can work to deadlines.
A team-player who collaborates to get things done.
Internship Contract
1-year fixed term internship
Mon- Fri: 8h00-17h00
Working arrangements: on-site in Woodmead
Monthly stipend of R7,400 per month.
Interested?
Interested applicants, who meet the criteria below are invited to apply on the PNet site and create a profile on the Mastercard Foundation as per the link below.
1. South African Citizenship
2. Currently not employed
3. From a previously disadvantages background (African, Indian, Coloured)
4. Hold a complted degree
Mastercard Foundation Associates Program -url.za.m.mimecastprotect.com/s/Cs6xCX6VRWHXGLq2s6fkfWRn-U?domain=connect.yes4youth.co.za