Finance Intern (EE) at Thales

Primary Responsibilities

• Assist the Chief Accountant in overseeing the P2P input for transactional processing by the finance team to the outsourced service provider.
• Assist the Chief Accountant with the P2P operational requirement of the Service Level Agreement for transactional processing, including the improvement of efficiencies.
• Ensure that suppliers added on the database are evaluated and accredited where possible.
• Liaise with suppliers to inform them of any unacceptable situations immediately if detected and agree on alternatives to minimize any adverse impact on Thales South Africa Systems.
• Assist purchasers with queries and advice on processes and the ERP System
• Liaise with suppliers to get statements and invoices.
• Reconciliation of accounts at month end and mid-month;
• Sending suppliers proof of payment / remittances as required;
• To maintain freight tax and duty and cell phones reports.

Secondary Responsibilities

• Assist the Chief Accountant compile Standard Operational Procedures as guidelines for the monitoring of internal controls.
• Assist the Chief Accountant in identification and addressing of internal control deficiencies.
• Inventory (Finished Goods, Stock in Transit, WIP, Semi-Finished Goods, Obsolescence Reserve, Accruals, Production, Write-offs, Scrap, Item code creation & management),
• Inter-Company PPV Management
• Capex (CER Requests, Depreciation & Fixed Asset Register maintenance),
• Expenses & Cost Centres,
• COGS & Revenue file,
• Assist Manufacturing Management Accountant to manage Product Costing: maintenance of standard costing system, revaluations, purchase price variance(Inter-Co & External),
• Monthly / regular stock takes with variance analysis,
• Assist Manufacturing Management Accountant to perform variance analysis (Manex, Absorption, Production & Overheads - all against budget) with comments

Ad-hoc

• Finance projects as assigned in line with the internship developmental plan to be discuss with the incumbent.

Qualification

• Bachelor degree in Accounting Science

Experience

• up to six months admin experience.
• Good command of excel.

Knowledge

• MS Office
• Accounting Principles & IFRS
• Project Finance and Accounting
• Understanding of ERP Systems
• Value Added Tax Law & Principles
• Foreign Exchange Law & Principles
• Commercial Law & Principles
• Standard costing
• Fixed Assets
• Stock Management