Management Trainee - Finance
Management Trainee - Finance
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Job Description
Banyan Canopy Group is the Excellence Centre for Banyan Software providing world-class operational support to drive the success of enterprise software businesses worldwide. Based in Karachi Pakistan Banyan Canopy Group plays a critical role in Banyan Softwares long-term buy-and-hold strategy delivering exceptional back-office services that enable sustainable growth and operational excellence. At Banyan Canopy Group we are committed to fostering talent streamlining operations and upholding the highest standards of accuracy and integrity.
Job Profile:
This is an exciting and entrepreneurial opportunity to join a fast-paced software consolidator with a very significant growth trajectory. The Management Trainee will report to the Finance Manager or designate. This role will focus on partnering with operating and finance colleagues to support small high-quality software businesses owned by Banyan Software. The position is ideal for an individual that has the interest and aptitude to learn and be in involved all aspects of finance operations including revenue recognition accounts payables and expenses cash management financial reporting and analysis as well as systems.
Job Responsibilities:
- Acquire knowledge in ERP systems Accounting Processes Policies and Standard Operating Procedures (SOPs).
- Execute tasks assigned by Junior Financial Analyst and/or Financial Analyst with precision.
- Observe and learn from Junior Financial Analyst and/or Financial Analyst during monthly Accounts Receivable (AR) Invoicing ensuring alignment with billing schedules using ERP.
- Handle cash receipts and apply them accurately to corresponding invoices within the ERP system.
- Organize and maintain an Accounts Payable document repository storing invoices in designated folders and attaching approvals.
- Post Accounts Payable invoices in ERP with precision.
- Manage the Treasury document repository by extracting and storing monthly/yearly Bank/Credit Card Statements from the Bank Portal and Bank Reconciliation Statements from ERP.
- Update all banking transactions in the cash book twice a week (Mondays and Thursdays) and perform a weekly cash reconciliation on Fridays.
Job Requirements:
- Minimum of 1 year of experience in a finance/accounting role
- College degree in business accounting or finance will be preferred.
- Accounting designation or working towards a designation preferred.
- Basic working knowledge of accounting principles and practices.
- Excellent attention to detail and ability to manage multiple priorities.
- Highly motivated and energetic with interest in entrepreneurship software and finance.
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Required Experience:
Intern
Employment Type
Trainee
