South African Bureau of Standards (SABS) Finance Internship : South African Bureau of Standards (SABS)

Job Summary

To provide general financial administrative support to the Finance division so as to ensure that service delivery is optimised and aligned to international financial reporting standards (IFRS).

Duties and Responsibilities

To provide general financial administrative support to the Finance division so as to ensure that service delivery is optimised and aligned to international financial reporting standards (IFRS).

Detailed Description:

Provide financial administrative support to the Billing department within the Finance division

Capture invoices on the JDE financial system across all the SABS revenue streams
Process credit notes on customer accounts and draft memorandums with supporting documentation for credit note requests
Follow-up on open sales orders
Prepare sales journals
Provide required audit information to internal and external auditors on time
Peruse the Approval Board (AB) minutes and action accordingly
Monitor cancellations and legal collections to ensure that the requisite billing process is stopped promptly
Review and update the end-to-end billing process
Render ad hoc administrative support as required by Finance management

Prepare financial accounting transactions and reconciliations

Prepare monthly general and accruals journals.
Prepare balance sheet reconciliations
Implement capitalisation of fixed assets on the fixed asset register (FAR)
Perform monthly depreciation runs and submit for approval
Transfer fixed assets between business units and across group entities on FAR based on the approved asset transfer form
Review fixed asset ledger to ensure only valid transactions are capitalised in line with IAS 16

Prepare month-end and year-end processes and financial statements

Compile and maintain databases as is relevant for the Finance division
Prepare month-end and audit files within set dead-lines, ensuring all required schedules/reconciliations and related valid supporting documentation are available.
Provide and compile input to reports (e.g., monthly and quarterly reports, annual financial statements, etc.) as required according to IFRS
Review the annual report to ensure that data transfer was accurate and that no formatting issues are present
Schedule monthly/year-end meetings as well as compile minutes of the meetings for distribution
Complete the National Treasury template for review and manage the process to ensure deadlines are met for completion and delivery.
Provide required audit information to internal and external auditors on time Ensure that all documentation as it relates to meetings are updated and sent to the relevant stakeholders as and when it is required
Adhere to service standards and deliver excellent customer service

Ensure efficient communication of all client requested needs to the relevant line manager
Provide good customer service by meeting the client requirements
Handle queries and resolve problems (telephonically or via email) as they relate to departmental deliverables
Follow up on customer queries, complaints etc. where necessary
Provide timeous submission and compilation of all reports, time sheets, method files, etc.
Ensure stakeholders are updated with relevant feedback as required

Optimise own performance within the team

Participate as a productive team member by managing own performance in order to meet departmental objectives
Gather facts and information objectively with accuracy and attention to detail
Make logical decisions and use sound judgment in relation to tracking projects, tasks, assignments and reports
Plan, organize and coordinate relevant work duties as they relate to the department
Work independently with minimal supervision, set reasonable priorities and manage time and deadline driven workload
Contribute to diversity management initiatives and actively build business relationships
Seek guidance and mentorship from more experienced team members where necessary

Qualifications and Experience

-Relevant Qualifications

How to Apply

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