Finance Intern (EE)

In fast changing markets, customers worldwide rely on Thales. Thales is a business where brilliant people from all over the world come together to share ideas and inspire each other. In aerospace, transportation, defence, security and space, our architects design innovative solutions that make our tomorrow's possible.

Purpose

Develop accounting technical knowledge in areas assigned during the internship programme.

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

Skills

• Analytical
• Work in pressurized environment
• Attention to detail
• Plan and prioritize time
• Excellent written and verbal communication
• Team player
• Drive
• Integrity

At Thales we provide CAREERS and not only jobs. With Thales employing 80, 000 employees in 68 countries our mobility policy enables thousands of employees each year to develop their careers at home and abroad, in their existing areas of expertise or by branching out into new fields. Together we believe that embracing flexibility is a smarter way of working. Great journeys start here, apply now!