Finance Intern

About Us

African Management Institute (AMI) is an impact-focused EdTech scale-up building Africa’s leading workplace learning company for ambitious companies and talent. As an African champion, building Africa's business champions, we've trained more than 100,000 people and 40k+ enterprises - from executives to entry-level workers in large and small companies across the continent.

With our hub in Nairobi, and teams in 8 African markets, we combine AI-powered diagnostics, live learning and practical tools to deliver the highest-outcome learning programmes for African business. Clients love our practical approach to learning for business, supported by an evidence-based methodology and tech platform, built for the African market. AMI was listed in the prestigious Norsken/100 as one of the leading social impact companies in the world, and recognized by the Financial Times on the 2024 Africa’s Fastest Growing Companies list.

We are expanding rapidly. AMI has offices in Uganda, Kenya, South Africa, Rwanda and Senegal and country representatives in Ethiopia and Nigeria. Our diverse and rapidly-expanding 150+ team reflects all corners of the continent and beyond. Our work environment is fun, flexible and inclusive, with opportunity for growth. AMI-GOs ask questions, get things done, and put the team before self to achieve our mission. If our vision for enabling ambitious businesses across Africa to thrive has sparked your imagination, and if your skills and experience match the description below, then we’d love to hear from you.

Job Description

AMI is looking for an ambitious and talented Finance Intern who will take on the roles and responsibilities provided below.

The role includes, but is not limited to, the following. The Finance Associate may also, from time to time be requested to work on projects outside this scope.

Account payables

• Updating the A/P based on approved POs and Expense reports
• Reconciling the A/P monthly to the supplier statement/invoice - For all major suppliers
• Reconcile the AP Listing to the TB monthly
• Updating payments on AP before the next payment run
• Preparing payment runs before 14th, 23rd and 30th.
• Prepare a cash plan every month - for the subsidiaries, so that others do the same.

Banking

• Weekly posting of direct debits and credits from bank statements
• Monthly reconciliation for all accounts – Bank accounts, Petty cash and Flutterwave.
• Reconciliations and bank statements are saved on Google Drive
• Ensure that cash is safeguarded and payments are properly accounted for
• Ensure that bank payments are properly authorized
• Ensure that bank deposits and receipts are properly accounted for and have sufficient supporting documentation.

Financial reporting

• Preparation of monthly Country reports by the 12th of every month
• Ensure that accounting records are accurate and up to date and that required monthly processing deadlines are met

Taxes and compliance

• Prepare a monthly reconciliation of Sales as per VAT to Sales as per Ledger.
• Liaise with company auditors as necessary to ensure a smooth annual audit process
• Comply with local VAT, income tax, WHT and statutory reporting requirements (liaising with tax and other advisers as necessary)

General

• Assist the Senior accountant as an when required
• Understand and follow group accounting procedures (per the finance manual) and ensure

Requirements

• Bachelor’s degree in finance, accounting, or a business-related course or its equivalent.
• CPA Part II, ACCA level II, or equivalent is the minimum requirement.
• Six months of experience in accounts payable, billing and treasury.
• Strong knowledge of accounting principles and financial reporting
• Proficiency in accounting software and MS Office (Excel, Word)
• Excellent organizational and analytical skills
• High level of integrity and attention to detail
• Ability to work independently and meet deadlines.

Skills Required:

• Accounting / Finance
• Sales / Marketing / Business / Management