Finance Intern Job Responsibilities

Finance Intern Job Responsibilities

Finance Intern job responsibilities include preparing financial statements, reviewing the financial transactions made by the company, accounting ledgers and handling various other financial tasks under the supervision of senior finance personnel. Internship is a part of most financial programs at bachelor’s or master’s level and it is essential for a finance student undergoing such programs to attend internship program in order to complete and acquire the degree.

While many companies offer some stipend to the finance interns some of them do not pay anything. However the main aim of working at this position is to learn about the various practical aspects of the finance field.

Finance Intern Job Responsibilities

  • Finance Intern is required to work under the supervision of senior finance personnel.
  • Finance Intern is required to read and understand the financial processes and procedures of the company and work accordingly.
  • Finance Intern needs to prepare financial reports after studying the details about various financial transactions being made by the company. This is done under the guidance of a senior finance executive or finance supervisor.
  • Finance Intern is required to assist the accountants in reviewing the financial statements and cross checking it to ensure accuracy.
  • Finance Intern is required to point out any issue in the financial statement and provide information about the same to the accountants so that it may be rectified.
  • Finance Intern is required to review the accounting ledgers prepared by the accountants and ensure that these are correct.
  • Finance Intern needs to review the journal entries to check their accuracy.
  • Finance Intern needs to ensure that the tasks assigned to him are completed within the timeframe set for the same.
  • Financial Intern is required to work on the software installed for maintaining a record of the financial transactions.
  • Finance Intern needs to key in financial data in the system as per the instruction given to him by his mentor.

Category: Finance Job Responsibilities