Role Description

During this internship, the intern will gain observational experience in understanding  Accounts Payable, Account Receivable functions (Credit Controller) to general accounting.

Account payable tasks:

• Observe the end to end payable processing
• Learn how to create new vendors and entering variations to vendor records.
• Learn to process payment runs to pay creditor invoices due for payment ensuring adherence to vendor term calculations where applicable
• Understanding the validating data entry and payable reports
• Observe the aged payable reports and resolving PO and/or invoicing issues
• Learn the preparation of the vendor reconciliations, identifying anomalies and errors, and executing relevant steps to effectively resolve any issues
• Observing the processing of creditor journals and payments

Account receivable tasks:

• Understanding of managing debtors and how overdue debts are collected
• Observe reconciliation of weekly debtor statements
• Learn how to monitor customer accounts for non-payment, delayed payments and other irregularities
• Understanding investigating customer issues and the resolution process
• Learn how to undertake credit checks
• Observe the end of Month preparation

Learning Outcomes

• Gain an understanding of the daily functions of Account Payable, Account Receivable (Credit Controller), Assistant Accountant positions and how these positions collaborate in a finance team
• Gain an understanding of an ERP system, functionality and benefits in an organisation
• Gain soft skill competencies including, communication, problem-solving, collaboration and negotiation.

Skills

• Team player and high attention on details
• Keen to learn and can to attitude
• Good at Excel

Eligibility

• Must be over 18 years of age
• Must have completed a diploma or advanced diploma or AQF 5 or above in your chosen field of study within the last 2 years
• Have an IELTS score of 6.0 Overall (and no band less than 6.0) or PTE overall score of 50+*
• Must be able to commit to a minimum of 3 days per week & 12 weeks period. (duration may vary between 10-12 weeks and can be confirmed by the employer)
• You must have an Australian Citizenship/Permanent Residency OR a valid visa that allows you to work in Australia to be considered for this role

*If your bachelor’s or master’s degree has been completed in Australia, your IELTS/PTE score submission is optional.