Accounting Intern

Job Description

ALTERNATE TITLES Accounting Intern DEPARTMENT Finance COMPANY Project X REPORT TO CEO Our organization is seeking an enthusiastic and detail-oriented Accounting Intern to join our finance team. The successful candidate will have the opportunity to gain practical experience in various aspects of accounting, such as accounts payable and receivable, tax compliance, financial analysis, and reporting. As an intern, you will work closely with our experienced accounting professionals and contribute to critical finance projects while developing your skills and knowledge. About Company Project X is a Jaipur-based innovation lab that creates and launches new ventures. Founded in 2020 by Tarang Sanghi, we create and launch new companies, products, and services that disrupt or complement existing ones, drawing from our cross-functional expertise. We brainstorm, execute, and refine ideas until we succeed. More details at www.tarangsanghi.com. Were building a team of innovators. Your application is awaited. Area Of Responsibilities Vendor Verification Ensure the accuracy of every bill, confirming that correct contract rates, special rates, group rates, etc., are charged to the respective parties. Correct overcharges by issuing credit notes Assist in conducting regular audits of financial operations, identifying any discrepancies or issues and proposing appropriate solutions. Aid in the reconciliation of bank statements and ensure all transactions are accurately recorded in the general ledger. Assist in the day-to-day bookkeeping activities, including recording financial transactions, handling invoices and payments, and maintaining general ledger entries. Preparing financial reports, ensuring the accuracy of financial documents in compliance with relevant laws and regulations. Creating profit and loss statements, balance sheets, cash flow statements, monitor business performance. You will need to customize reports that are in par with business requirements. Need to integrate Zoho Books with other software tools such as payment gateways, inventory management software, and customer relationship management tool. You will need to ensure that the data is accurately synced across all integrated software. Working on properly handling the hard and soft copies of the invoices. Recording, categorizing & data entry of all business transactions Creating invoices & bills. Verify the accuracy of invoices, bills, and other financial documents, ensuring they are properly recorded and categorized in Zoho Books. Categorizing the expenses & income. Working on bank reconciliation statements Working on accounts receivables management Working on accounts payables management Handling preparation of financial statements Handling month-end/close reporting Generating customized reports Working on petty cash management. Performing any other task related to accounts & bookkeeping using Zoho Books as per companys need. Prepare and maintain various financial reports, assisting with data analysis and identification of trends or discrepancies. JOINING CRITERIA Working hours - 9:30 am to 6:30 pm Working days in a week - Monday to Saturday Requirements QUALIFICATIONS Currently enrolled in a Bachelors or Masters degree program in Accounting or related field. Excellent analytical, problem-solving, and communication skills. Strong attention to detail and accuracy. Knowledge of accounting principles, practices, and procedures. Proficiency in Microsoft Excel, Tally and other accounting software. Ability to work independently and in a team environment. Join our dynamic and collaborative finance team and gain real-world experience in accounting and finance while contributing to meaningful projects that drive organizational success BenefitsBENEFITS & PERKS We offer competitive compensation and benefits. Develop experience working on a wide variety of projects and functions. Gain exposure to a fast-paced, collaborative startup environment. Opportunity for a permanent job offer after the completion of the internship. Certificate of Completion foundit