Masana Petroleum Solutions internship 2024
Masana Petroleum Solutions (Pty) Ltd is seeking a Finance Intern to join their dynamic team in Johannesburg, South Africa. This role offers a competitive stipend and provides an excellent opportunity for recent graduates to gain practical experience in financial administration under the guidance of the Performance Manager.
Company Background
Masana Petroleum Solutions is a leading provider of petroleum solutions in South Africa. Committed to excellence and innovation, Masana Petroleum Solutions offers comprehensive services that ensure efficient and reliable fuel supply to various industries. The company’s dedication to quality and sustainability has positioned it as a trusted partner in the energy sector.
- Company: Masana Petroleum Solutions
- Job Title: Finance Intern
- Location: Johannesburg, South Africa
- Salary: Market-related
In case you don’t meet the requirements, applications closed or you not around Johannesburg, Gauteng kindly: click here to see more internship 2024 in various locations.
Job Description
The Finance Intern will assist in the financial administration of Masana Petroleum Solutions, supporting the Performance Manager and Finance Manager. The role requires a team player who ensures transactions are processed and reported accurately and timely, adhering to established guidelines, audit requirements, and the company’s financial policies and procedures.
Key Responsibilities
Financial Support:
- Provide operational support to the Finance department.
- Shadow relevant personnel within the department.
- Ensure compliance with company policies, procedures, and accounting standards.
- Assist in the preparation of Annual Financial Statements in compliance with IFRS for SMME’s.
- Prepare Income Tax and Deferred Tax calculations and ensure tax compliance.
- Prepare monthly VAT Reconciliation and VAT201 report for submission on the online SARS platform.
- Liaise with internal and external auditors for an efficient audit cycle.
- Perform general ledger reconciliations.
- Conduct ad hoc and project-related tasks as required.
Business Performance, Reporting, and Forecasting:
- Assist in month-end margin analysis and business forecasting and planning processes.
- Prepare performance management and variance analysis reports.
- Monitor business drivers such as volume, margins, and costs against the plan/forecast.
- Report major deviations in transfer pricing charges.
- Prepare regular and ad-hoc reports and presentations for stakeholders.
Management & Financial Accounting:
- Assist in fixed assets reporting and accounting.
- Prepare financial models and ensure integrity of work in progress reporting.
- Verify and process creditor invoices and assist in the monthly creditor payments process.
- Prepare Op-Cost Transactional information reports.
- Track operational costs and prepare the Rolling Forecast monthly.
- Prepare monthly bank reconciliations.
Corporate Culture:
- Act consistently with Masana Petroleum Solutions’ culture, values, and strategic vision.
Qualifications and Experience
Essential:
- An undergraduate degree in Finance or Accounting.
How to Apply for Masana Petroleum Solutions internship 2024
Interested candidates should submit their applications, including a detailed CV and a cover letter outlining their qualifications and interest in the position, to the HR department at Masana Petroleum Solutions via email at HR@masana.com.
Application Deadline
Applications must be submitted by July 31, 2024. Early applications are encouraged, as the position may be filled before the deadline.
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