Financial Administrator Internship at CSIR

About the Job

The Council for Scientific and Industrial Research (CSIR) is offering a valuable internship opportunity within its Financial Services Support team, specifically in the Advance Production and Security Division. This internship is designed to provide recent graduates with essential practical work experience in accounting and administrative functions. The role involves supporting the financial operations of the division, ensuring compliance with CSIR's financial policies and procedures, and contributing to accurate financial reporting. This is an excellent chance for individuals with a background in accounting or finance to gain hands-on experience in a leading research and development organisation in South Africa. The position is based at the CSIR's Pretoria campus. This role is crucial for maintaining the financial integrity of the division and supporting its operational objectives. Interns will be exposed to various financial software and systems, gaining practical skills in financial management and administration. The CSIR is committed to fostering a learning environment where interns can develop their professional capabilities and contribute meaningfully to the organisation's success. This internship provides a solid foundation for a career in financial services within the public sector or research and development landscape.

Key Responsibilities

• Gain comprehensive exposure to CSIR's financial policies, internal controls, and governance frameworks.

• Accurately capture projects and contracts in PeopleSoft, ensuring all required supporting documentation is complete and compliant with CSIR policies.

• Generate customer invoices based on approved requests and assist with managing debtor accounts, including following up on outstanding payments and obtaining necessary approvals for credit notes.

• Support the preparation of crucial financial reports, such as timesheet and expenditure reports for projects, and assist with journal entries and bad debt provisions.

• Provide dedicated financial administrative support to line staff and management accountants, facilitating smooth financial operations.

• Process various financial transactions, including revenue recognition updates, contract status maintenance, and amendments, under supervision to ensure accuracy and compliance with policies, guidelines, and legislation.

• Perform financial account reconciliations to identify and resolve discrepancies, ensuring all transactions are recorded in the correct accounting period.

• Maintain organised records of financial documents, such as journals and invoices, for efficient retrieval during queries and audits.

• Follow up on the status of open orders to ensure accuracy for financial reporting and year-end accruals.

• Assist with critical month-end and year-end closing processes to help the finance department meet deadlines.

• Undertake ad-hoc finance-related tasks as assigned and actively identify opportunities for improving existing business processes within the finance function.

Why Join the Company

Joining the CSIR as a Financial Administrator Intern offers a unique opportunity to develop your career in a dynamic and innovative environment. You will gain invaluable practical experience in a reputable scientific research organisation, working alongside experienced finance professionals. The CSIR is committed to nurturing talent and provides a supportive learning environment. Interns will benefit from exposure to robust financial systems and processes, enhancing their understanding of corporate finance and accounting principles. This internship serves as a stepping stone for aspiring finance professionals, offering exposure to real-world financial challenges and solutions within a government-funded research council. You will be part of a team dedicated to scientific advancement and technological innovation, contributing to impactful projects. The CSIR offers a stimulating work environment that encourages continuous learning and professional growth, making it an ideal place to launch your career in finance.

How to Apply

Please apply using the 'Apply Now' button on this page. You will be redirected to the direct application portal.

• A three-year Bachelor's Degree in Accounting or Finance;

• Ability to implement basic accounting principles and knowledge of relevant statutory requirements.

• Basic knowledge of VAT principles, Microsoft Office Suite and email;

• Ability to function under pressure and manage stress;

• Good office administrative and record keeping skills;

• Good analytical and problem solving skills;

• Good time management and planning skills;

• Excellent communication skills (verbal and written);

• Attention to detail and excellent interpersonal skills;

• Sound work ethic and ability to work in large teams is essential.