
Finance Intern
Femtosoft Technologies
About the Role
As a Finance Intern, you will gain significant experience in multiple facets of finance within a company. This internship aims to offer practical exposure to different aspects of finance, accounting, and financial analysis. You will support a range of financial activities and projects, acquiring practical experience in financial analysis, reporting, and operations.
Key Responsibilities
- Assist with financial analysis activities, including the examination of financial statements, evaluation of essential financial metrics, and preparation of financial reports.
- Assist with data entry tasks concerning financial transactions, expenditures, and income, focusing on maintaining the accuracy and completeness of financial documentation.
- Support budgeting and forecasting activities by collecting data, creating spreadsheets, and aiding in financial modeling under the supervision of senior finance personnel.
- Assist in the development of financial reports for both internal and external stakeholders, encompassing monthly, quarterly, and annual financial statements.
- Support internal and external audits by coordinating documentation, performing research, and aiding with audit inquiries as required.
- Acquire knowledge of financial software systems and tools utilized for accounting, reporting, and analysis, while also providing support for data entry and system maintenance.
- Support finance teams in various ad-hoc projects and initiatives, including enhancements to processes, cost-reduction strategies, and specialized financial analyses.
- Adhere to financial regulations, accounting standards, and internal policies and procedures.
Requirements & Tech Stack
- Taxation Laws: Comprehensive understanding of corporate tax, individual tax, indirect taxes (e.g., VAT, GST), international tax regulations, and transfer pricing guidelines.
- Tax Interpretation: Capacity to interpret intricate tax regulations and implement them in practical business situations.
- Communication: Ability to articulate tax-related matters effectively to individuals without tax expertise, and engage with tax authorities and external consultants.
- Risk Assessment: Proficiency in recognizing tax-related risks or opportunities and devising effective solutions.
- Software Proficiency:
- Tax preparation software
- Enterprise Resource Planning (ERP) systems
- Microsoft Office applications, including Excel and Word
- Deadline Management: Ability to handle multiple deadlines, especially during tax filing seasons.
Qualifications
- Currently engaged in obtaining a degree in the field of Finance and Accounting.
Skills Required
- Analytical Abilities: Strong abilities to assess financial information, recognize patterns, and extract significant insights.
- Precision: A strong focus on correctness in financial computations, data input, and reporting.
- Mathematics & Numerical Analysis: Expertise coupled with the capability to handle intricate financial data and computations.
- Microsoft Excel: Proficient in utilizing formulas, functions, and pivot tables for financial analysis and reporting.
- Communication Skills: Effective written and verbal skills for clearly and concisely conveying financial information.
- Teamwork: Capacity to work collaboratively with fellow finance team members and colleagues across various departments.
- Integrity & Ethics: Commitment to maintaining the highest standards of integrity, ethics, and professionalism in all finance-related activities.
- Organizational & Time Management: Effective abilities to prioritize tasks, adhere to deadlines, and handle various responsibilities concurrently.
Internship Benefits
- Utilize financial principles and theories to analyze and address practical situations.
- Gain practical experience using financial tools, systems, and software, including Excel and financial modeling platforms.
- Develop proficiency in data analysis, forecasting, budgeting, and financial reporting.
- Evaluate compatibility of strengths with requirements of different finance positions.
- Identify specific areas of finance that captivate you.
- Grasp the intricacies of functioning within a professional setting, including processes, organizational structures, and workplace culture.
- Stay informed about financial markets, sector developments, and new technological advancements.
Work Information
- Work Mode: Work from Office
- Working Days: Mon to Sat
- Duration: 3 Months
- A Certificate will be provided.