Finance Internship at Momentum Group
Job Description
The Finance Internship at Momentum Group offers a dynamic opportunity for aspiring finance professionals to gain invaluable practical experience within a leading financial services institution. Based in Centurion, Gauteng, this temporary position is designed to immerse interns in the day-to-day operations of a robust finance department, specifically within the Momentum Health cluster. Interns will play a crucial role in providing administrative and financial support, assisting with essential accounting activities, reconciliations, meticulous financial record-keeping, and contributing to reporting and compliance processes. This internship is a foundational step for individuals eager to develop a comprehensive understanding of financial management, accounting principles, statutory compliance, and financial reporting, all while honing critical professional skills necessary for a successful career in finance.
Role Purpose
The primary purpose of this role is to equip the Finance Intern with practical exposure and hands-on experience in a corporate finance environment. The intern will be instrumental in supporting the Finance team, ensuring the smooth execution of daily financial operations. This includes assisting with the accurate and timely capturing of financial transactions, maintaining and reconciling general ledger accounts under supervision, and supporting the preparation and processing of journals. The role is designed to bridge academic knowledge with real-world application, fostering a deep understanding of financial workflows and controls within a large organisation.Key Responsibilities
- Assist with capturing financial transactions into the accounting system accurately and timeously.
- Assist in maintaining and reconciling general ledger accounts under supervision.
- Support the preparation and processing of journals.
- Assist with bank and balance sheet reconciliations.
- Assist with accounts payable and accounts receivable administration.
- Verify supporting documentation before processing payments.
- Assist with capturing supplier invoices and ensuring supporting documentation is complete.
- Assist with maintaining the fixed asset register and supporting asset verification exercises.
- Perform reconciliations and investigate outstanding or unreconciled items.
- Prepare and maintain accurate financial records and filing systems.
- Scan, file and archive finance documentation in accordance with record management requirements.
- Assist with month-end and year-end financial close activities.
- Support the preparation of monthly management reports.
- Assist in compiling information required for statutory submissions.
- Provide support during internal and external audits.
Why Join Momentum Group
Joining Momentum Group means becoming part of a leading financial services provider dedicated to helping individuals and businesses achieve their financial goals and life aspirations. Through client-facing brands like Momentum Group and Multiply, along with specialist brands such as Guardrisk and Eris Property Group, the organisation offers a diverse and impactful environment. Interns at Momentum Group benefit from a culture that values growth, learning, and professional development. You will gain exposure to industry best practices, work alongside experienced finance professionals, and contribute to meaningful financial operations that underpin the group's success. This internship provides a unique opportunity to build a strong professional network, develop transferable skills, and lay the groundwork for a rewarding career in the financial sector. Momentum Group is committed to fostering an inclusive environment where talent is nurtured and contributions are valued, offering a supportive platform for emerging professionals to thrive.How to Apply
Please apply using the Quick Apply button on this page.* Salary is estimated based on market research and may not be accurate.
Requirements
- Grade 12 (Matric) with Mathematics (Mathematical Literacy may be considered where applicable).
- A completed National Diploma, Bachelor's Degree, or Advanced Diploma in one of the following: Accounting, Financial Management, Finance, Cost and Management Accounting, BCom Accounting, BCom Finance, or an equivalent Finance-related qualification.
- South African citizen or legally authorised to work in South Africa.
- Must not be participating in another internship or graduate programme at the time of appointment.
- Willingness to work from the office as required.
- Ability to maintain confidentiality when handling sensitive financial information.
- Basic understanding of accounting principles and financial reporting.
- Basic knowledge of bookkeeping practices.
- Understanding of debit and credit principles.
- Basic knowledge of Microsoft Office, particularly Excel.
- Understanding of financial administration processes.
- Awareness of financial controls and governance principles.
- Basic understanding of South African tax principles (VAT) and statutory compliance will be advantageous.
- Knowledge of accounting systems.
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