Sasria SOC Ltd, a leading South African state-owned entity, has opened its doors for aspiring professionals to join the organization in two graduate internship programs: Investment Intern and Procurement Intern. These positions offer recent graduates a unique opportunity to gain invaluable exposure and hands-on experience in key departments within the company.
The internships are designed to equip individuals with the necessary skills to kick-start their careers in finance, investment management, and procurement.
1. Investment Intern
The Investment Intern position offers a great learning experience for graduates in the fields of finance, investments, or economics. This internship provides an opportunity to work within Sasria’s Investment Management Department, where the intern will be involved in the management and reporting of Sasria’s investment portfolio. The role will involve working alongside the Senior Manager of Investments, assisting with various investment-related tasks, including reporting and analysis.
Key Responsibilities
As an Investment Intern, the individual will be responsible for:
- Monthly Investment Reconciliations: Ensuring that all financial records related to investments are accurate and up to date.
- Performance Reporting: Compiling detailed reports that showcase the performance of asset managers and the overall investment portfolio.
- Risk Management: Capturing and monitoring key risk indicators that could potentially affect the investment division, enabling better decision-making.
- Reporting: Assisting with daily, monthly, and quarterly investment reporting, consolidating key data, and producing relevant insights for the investment team.
- Ad hoc Tasks: Performing any other relevant tasks as requested by the Investment team.
Minimum Requirements
To apply for the Investment Intern position, applicants must meet the following qualifications and criteria:
- Educational Qualifications: A BCom, BBusSci (Finance, Investments, or Economics) degree is required. Candidates who are studying towards or have obtained the CFA (Chartered Financial Analyst) qualification will have an advantage.
- Experience: No prior experience is required for this position, making it ideal for recent graduates who are eager to learn and develop their careers in the investment sector.
Skills and Competencies
- Strong analytical and reporting skills.
- Ability to work with data and interpret financial statements.
- Attention to detail and a solid understanding of investment risks and opportunities.
- Good communication skills and the ability to collaborate with team members.
This internship is a perfect fit for graduates who are looking to build a strong foundation in investment management, finance, and reporting.
2. Procurement Intern
Sasria is also offering a Procurement Intern position within its Finance Division, specifically in the Procurement Department. This role will offer valuable insights into the procurement and supply chain processes of a large organization, allowing the intern to develop essential skills in sourcing, order management, and supplier relationship management. The intern will be involved in a range of tasks that support the company’s overall procurement strategy.
Key Responsibilities
The Procurement Intern will be involved in the following activities:
- Procurement Sourcing Process: Learning how to source suppliers and materials while ensuring compliance with company policies.
- Order Processing: Gaining experience in creating and managing purchase orders, ensuring that all orders are processed correctly and efficiently.
- CSD Report Compilation: Assisting in the preparation of Central Supplier Database (CSD) reports, which are crucial for procurement purposes.
- Order Reconciliation: Helping reconcile procurement orders to verify accuracy and compliance with company standards.
- Managing Outstanding Documents: Tracking and requesting outstanding documentation, such as CSD reports and expired BEE certifications.
- Tender Process Participation: Participating in the tender submission process, including working with ETenders and Sasria’s internal eProcurement portal.
- Matching Travel Invoices: Reconciliation of travel invoices to ensure proper payment management and budget control.
- Courier Services Management: Assisting in managing the logistics of courier services within the organization.
Minimum Requirements
To be eligible for the Procurement Intern position, candidates must have the following qualifications:
- Educational Qualifications: A Diploma or Degree in Business Management, Procurement, Supply Chain, or a related field.
- Experience: No prior experience is required, but applicants must demonstrate professionalism, a strong work ethic, and the ability to quickly grasp new concepts.
Skills and Competencies
- Understanding of procurement processes and supply chain management.
- Strong organizational and time-management skills.
- Good communication and interpersonal skills to liaise with suppliers and internal departments.
- Attention to detail and the ability to maintain accurate records.
This internship is an excellent opportunity for graduates who are interested in pursuing a career in procurement, supply chain management, and logistics.
Both the Investment Intern and Procurement Intern positions at Sasria provide promising career opportunities for recent graduates. These internships will allow individuals to gain valuable industry experience and develop essential skills in their respective fields.
Whether it’s understanding investment portfolios and financial reporting or learning the intricacies of procurement and supply chain management, these internships will give graduates the foundation they need to succeed in the professional world.
Check also: Retail Change Internship Opportunities at TFG
