The Council for Scientific and Industrial Research is offering two CSIR Finance internships, providing valuable practical experience and skill development opportunities within a prestigious research institution. Interns will collaborate with seasoned professionals, contributing to real-world projects and receiving mentorship. The internship aims to offer hands-on learning experiences in financial management, including budgeting, accounting, and financial analysis.

CSIR Finance Internship Overview

  • Job ID: ID313725
  • Job title: CSIR Finance Internship
  • Location: Scientia, Pretoria (Hybrid)
  • Full/Part Time: Full-Time
  • Regular/Temporary: Temporary
  • Deadline: 11 June 2024

About Council for Scientific and Industrial Research (CSIR)

The Council for Scientific and Industrial Research (CSIR) stands as a premier scientific and technology research institution dedicated to researching, developing, localizing, and disseminating technologies aimed at fostering socio-economic prosperity within South Africa. Their endeavors are instrumental in advancing industrial development and fortifying the capabilities of the state. Through pioneering research initiatives, the organization contributes significantly to enhancing the industrial landscape and promoting sustainable economic growth. By leveraging scientific expertise and technological innovation, the CSIR plays a vital role in driving societal progress and addressing key challenges facing the nation.

Duties & Responsibilities

  • Perform financial transaction processing within the bursary administration and payroll domain under supervision to ensure accurate recording and compliance with policies, processes, guidelines, and legislation.
  • Aid in the processing of monthly allowances for bursars and study fees upon receipt of invoices from academic institutions to ensure timely payments aligned with award letters.
  • Support the processing of bursary payments upon approval of Workflow requests and preparation of bursary agreements between the CSIR and employees before fund transfers to academic institutions.
  • Prepare and execute monthly transactions, adhering to legislation, CSIR policies, and procedures.
  • Ensure accurate accounting of transactions based on valid supporting documents for supervisor review.
  • Assist in preparing monthly reconciliations of relevant study/bursary/payroll control and suspense accounts to identify long outstanding transactions for corrective action.
  • Address outstanding stakeholder queries (internal and external) or escalate to the Management Accountant for resolution.
  • Maintain records of all pertinent documents in accordance with the CSIR document retention policy and legislative requirements for accessibility.
  • Adhere to month-end and year-end processes as per the established plan to ensure timely completion of transactions, processes, and reports.

Minimum Requirements

  • Possession of a three-year Diploma or Bachelor’s Degree in Accounting or Finance.
  • Strong comprehension and implementation capability regarding fundamental accounting principles.
  • Fundamental proficiency in Microsoft Office Suite, particularly Excel, Word, and PowerPoint.
  • Adequate understanding of pertinent legislation, including the Income Tax Act and the VAT Act.
  • Capacity to maintain focus on details, handle pressure, and manage stress effectively.
  • Competent in office administration and record-keeping competencies.
  • Proficient in analytical and problem-solving abilities.
  • Effective time management and planning proficiencies.
  • Proficient in communication and active listening skills.
  • Competent in professional writing skills.
  • Keen attention to detail and exceptional interpersonal abilities.
  • Demonstrated commitment to work ethic and adeptness in large team environments.
  • Capability to uphold strict confidentiality while executing tasks.
  • Flexibility to work beyond regular working hours as required.

CSIR Finance Internship Application process

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Note: For additional information, individuals may contact the CSIR Recruitment Centre at 012 841 4774 or via email at Recruitmentinfo@csir.co.za. Please refrain from sending applications to this mailbox, as it is designated solely for inquiries.

In conclusion, the CSIR is extending two internship opportunities within its Financial Services portfolio, specifically targeting the Payroll and Bursary Administration department. These internships are designed to offer graduates practical work experience in accounting and administrative capacities. Situated in Pretoria, this internship serves as an excellent platform for individuals to apply their academic knowledge in a practical setting, thereby contributing to the operational effectiveness of the CSIR while honing their professional skills.

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