Location: Parow East, Western Cape, South Africa
Employment Type: Full-time Internship
Job Reference: 10539
About the Opportunity
Are you a finance graduate looking to launch your career in budget management and financial administration? We’re seeking a motivated and detail-oriented individual to join our dynamic finance team as an Administrator Intern specializing in Budgeting. This role offers an exceptional opportunity to gain hands-on experience in financial management, budget tracking, and strategic reporting within a fast-paced commercial environment.
As a Budget Administrator Intern, you’ll work closely with our senior budget management team, gaining exposure to end-to-end budget processes, financial analysis, and cross-functional collaboration. You’ll play a vital role in managing product portfolios, tracking financial performance, and providing critical insights that drive business decisions.
What You’ll Do
Financial Management & Reporting
You’ll be responsible for inputting monthly billing information, including credit base movements and profit and loss data for assigned magazine products following the 12th of each month billing cycle. You’ll provide regular performance updates to the senior budget manager, focusing on profit margins, expense tracking, and income analysis for each product in your portfolio.
Budget Tracking & Analysis
Your role will involve maintaining and updating comprehensive portfolio reports, including cost per acquisition metrics across various channels and profit per member calculations. You’ll track and manage all expense accruals while ensuring budget formulas are correctly and consistently applied across all portfolio budgets.
Invoice & Expense Management
You’ll oversee invoice management processes, including Coupa uploads and receipting procedures, ensuring all financial documentation is accurately processed and recorded.
Stakeholder Collaboration
Working closely with brand managers, you’ll analyze product sales targets versus actual performance, identifying variances and highlighting areas of concern such as cancellation rates, product expense ratios, and promotional spending against return on investment. You’ll develop strong working relationships with internal stakeholders including the VAS finance team, telemarketing management, and stores channel managers.
Strategic Reporting
You’ll prepare weekly reports for the senior budget manager on all product budget-related matters and conduct variance reporting on income and expenses at regular intervals, including weekly profit and loss views. Additionally, you’ll collaborate with brand managers to create comprehensive summaries on product performance covering billings, profit, and expenses.
What We’re Looking For
Qualifications
- Degree or Diploma in Finance, Accounting, Budgeting, Business, or a related qualification
Technical Skills
- Strong Excel proficiency with advanced formula knowledge
- Deep understanding of budget management principles
- Ability to apply financial knowledge strategically to support portfolio growth
Core Competencies
- Exceptional accuracy in budgeting and financial calculations
- Strong analytical and problem-solving abilities
- Effective team collaboration and independent work capabilities
- Confident presentation skills
- Deadline-driven mindset with excellent time management
- Ability to perform under pressure while maintaining quality
Behavioral Attributes
We’re looking for someone who demonstrates adherence to quality standards and compliance, applies commercial thinking to leverage market insights, makes effective decisions when analyzing complex situations, and shows drive and perseverance. You should be committed to meeting customer expectations, planning and organizing tasks with structure, presenting and communicating ideas clearly to diverse audiences, and responding proactively to changing circumstances.
Our Commitment to Diversity
We are committed to employment equity and building a diverse, inclusive workplace. Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act.
Ready to Start Your Finance Career?
If you’re passionate about finance, eager to learn, and ready to contribute to a dynamic team environment, we want to hear from you. This internship offers the perfect platform to develop your skills, build professional relationships, and gain valuable experience that will set you apart in your finance career.
Apply now and take the first step toward a rewarding career in financial management.
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