Hindu Endowments Board – Intern (Finance)

The Hindu Endowments Board (HEB) is a statutory body set up under the Hindu Endowments Act in 1968. Its role, as set out in the Act, is to administer those endowments placed under its administration.

The word “endowment” is defined in the Act to mean any endowment in land, building or money given for the support of any Hindu temple or other Hindu purpose. The endowments administered by the Board are:

Under the Act, the Hindu Endowments Board also has supervisory powers over the accounts of all Hindu endowments in Singapore- even those not administered by the Board. Any person managing an endowment is obliged, at the request of the Hindu Endowments Board, to attend before the Board and answer questions in relation to the endowment.

The Hindu Endowments Board comprises a Chairman, a Vice-Chairman, a Finance Member and 12 members who are appointed by the Minister for Culture, Community and Youth. To be appointed, a member must be both a Singapore citizen and a Hindu. Appointments are for a period of three years each. The Secretary of the Board is a public officer appointed by the Minister.

In addition to managing 4 temples, the Board administers a half way house (HEB-Ashram). Major Hindu festivals like Thaipusam and Firewalking are organised by the Board.

Finance Intern – Job Responsibilities

1. Financial Accounting and Reporting

• Assist with Accounts Receivable (AR) and Accounts Payable (AP) activities for HEB and its temples.

• Support monthly reconciliation of balance sheet accounts.

• Assist in maintaining accurate financial records and documentation.

2. Accounting System (A2000)

• Assist with uploading financial transactions from the Point-of-Sale (POS) system to A2000.

• Verify transaction accuracy and support proper revenue recognition for temples.

• Assist in identifying and resolving discrepancies in financial records.

3. Accounts Payable and Expense Management

• Support the end-to-end Accounts Payable process, ensuring timely processing of vendor payments in accordance with HEB's finance and procurement policies.

• Assist in handling payment enquiries and coordinating with suppliers.

• Support the coordination and processing of bursary disbursements.

• Assist in preparing and maintaining purchase orders and supporting documents.

• Provide general administrative and operational support to the Finance Team.

Learning Opportunities

The intern will gain practical exposure to financial accounting, accounts payable, financial reconciliation, accounting systems and finance operations within a non-profit organisation.