Finance Trainee (mfd)
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Monthly Salary:
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Job Summary
Company Description
About EIT RawMaterials
As the world moves towards a greener future the demand for raw materialsminerals and metalsis set to increase immensely over the next three decades. Europe faces a critical challenge in securing a stable supply of these essential resources and this is where EIT RawMaterials steps in.
EIT RawMaterials is at the forefront of driving innovation and sustainability in the raw materials sector. As an Innovation Community within the European Institute of Innovation and Technology (EIT) we collaborate with over 300 partners across industry academia and research institutes. Together we forge dynamic long-term partnerships to develop innovative solutions that meet Europes growing demand for raw materials.
The Role
We are looking for a proactive and detail-oriented Finance Trainee (m/f/d) to join our Finance team for a structured two-year development programme. This role is designed for individuals eager to gain hands-on experience across the full spectrum of finance operationsfrom bookkeeping to compliance budgeting audits and financial reporting.
Throughout the programme the trainee will rotate through key finance responsibilities receive on-the-job training and gradually take ownership of tasks under the guidance of experienced finance professionals.
Key Responsibilities & Learning Areas
1. Bookkeeping & Financial Records
Learn to maintain accurate and timely financial records.
Support in processing invoices payments and journal entries.
Assist with reconciliation of accounts ledgers and bank statements.
2. Preparation of Financial Statements
Participate in monthly quarterly and annual financial closing activities.
Support the creation of balance sheets profit and loss statements and other internal financial reports.
3. Cost Tracking & Allocation
Learn how to monitor expenditure across cost centers and projects.
Assist in allocating direct and indirect costs in line with internal and funder requirements.
4. Budgeting & Forecasting
Assist in annual budget planning processes.
Contribute to regular re-forecasting based on actuals and updated assumptions.
Develop understanding of financial modeling and scenario planning.
5. Cash Flow Forecasting
Support in preparing cash flow projections.
Learn to monitor liquidity needs and analyse variances between forecasted and actual cash flows.
6. Bank Relationships & Treasury Support
Assist in preparing documents and reports required by banks.
Learn to support treasury-related tasks such as payments scheduling and cash management.
7. Grant Reporting
Gain experience in preparing financial reports for grantors and funding bodies.
Learn to interpret funding rules cost eligibility and reporting timelines.
8. Procurement Support
Support procurement processes ensuring compliance with internal and external requirements.
Learn about vendor selection contract tracking and procurement documentation.
9. Billing & Cash Collection
Assist in issuing invoices and following up on outstanding payments.
Learn how to track receivables and support cash collection processes.
10. Audits (Statutory CFS ExPost)
Support preparations for statutory and project-specific audits.
Learn to gather evidence organise documentation and communicate with auditors.
Gain exposure to compliance checks and post-audit follow-up activities.
11. Compliance
Learn to apply internal controls and ensure adherence to financial policies.
Support compliance checks related to grants procurements and financial reporting.
What You Will Gain
A comprehensive understanding of core finance operations.
Hands-on experience with accounting tools
Exposure to grant-funded project financial management.
Insight into audit processes and compliance requirements.
Mentoring from experienced finance professionals.
A solid foundation for future roles such as Junior Accountant Financial Analyst or Grants Finance Officer.
Requirements
Degree (or final-semester student) in Finance Accounting Business Administration Economics or a related field.
Strong interest in building a career in Finance.
Good analytical and numerical skills.
Detail-oriented with a proactive and structured working style.
Willingness to learn ask questions and take initiative.
Strong communication skills and the ability to work in a team.
Proficiency in MS Excel; familiarity with accounting systems is a plus.
Language Requirements
Proficiency in both English and German (written and spoken) at a professional working level is essential.
Ability to communicate clearly accurately and confidently in both languages across internal and external stakeholders.
Why Join Us
This trainee program offers a unique opportunity to build a strong finance foundation through real responsibilities learning opportunities and mentoring. By the end of the 24-month programme you will have gained valuable competencies across financial operations reporting budgeting and compliancepreparing you for a long-term career in the field.
Our Recruitment Process
The position will stay open until a successful candidate is chosen.
Application Review: Our team thoroughly reviews each application. Please make sure to submit your CV in English.
Initial Interview (30 minutes): Meet with the hiring manager and recruitment team.
Second Interview (60 minutes): Second interview with a presentation on a relevant topic to the hiring manager and HR.
Offer: If successful receive an offer to join our team.
Ready to shape the future with us Apply now.
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