The company
The Interfood Group is a leading global dairy supplier with 14 offices in all continents. The group has almost 300 employees and an annual turnover of over € 1.5 billion. Interfood's accounts are dairy producers and food processors, government institutions, importers and distributors all over the globe. The Interfood Group is facilitating the distribution of over 750,000 MT of dairy products per annum.
The people of Interfood live dairy. It’s at the heart of everything they do. It is one of the most important aspects of their business. Trust is important to them, and that means respecting the hard work and dedication of the people at the heart of their business, a business that still is the family business it once was.
Interfood continues to provide that same added value to this very day to over 7,500 repetitive accounts worldwide. They have earned the trust of numerous small and large businesses, have gained loyal partners and retained the family-like spirit throughout the company. They make sure that everyone in the company continues to aim for quality and to deliver the very best service. It is this attitude that has enabled Interfood to grow from a small local business to the global organization it is today.
Interfood strives to continue living up to the same values and is now looking to strengthen the Asia Pacific region with a Finance Intern. This new colleague has to assure that the Interfood Group continues to combine excellent personal service with guaranteed product quality and delivery. He/ she should support the Finance Team in Asia Pacific to increasingly higher levels of professionalism and that Interfood will continue to offer the same excellent service and quality in the years to come.
The Interfood Group is globally presented in more than 12 countries (Algeria, Australia, Brazil, China, Indonesia, Poland, Russian federation, Senegal, Singapore, The Netherlands, United Arab Emirates, United States and Uruguay.) The Interfood Holding Headquarters is in Eindhoven/ the Netherlands, the Asia Pacific Headquarters is located in Singapore.
Finance Intern
Department: Finance
Period: 2 or 3 days per week
Region: Asia Pacific
Office / HUB : Singapore
Reports to: Finance Manager Asia Pacific
Position purpose
Support Head of Finance and Finance Manager Asia Pacific in day-to-day management of Balance Sheet, Profit & Loss and Finance teams in Asia Pacific. The role is required specifically to support the Accounts Receivable function so to assist all departments particularly the Commercial team, to make timely decisions.
Key Criteria
Accountabilities and Responsibilities
Conduct day to day bank reconciliations, including posting of journal entries,
o Application of receipts & payments to ledgers
o Understanding Foreign Currency hedges & booking of impact
o Administration of bank account statements, including filing
Understanding trade accruals & internal allocation process
o Administration of bank costs relating to each trade via allocation process
o Adhering to internal approval process when reviewing invoiced bank costs
Periodic activities:
o Reconcile and maintain balance sheet and P&L accounts, particularly relating to banks & cash
o Assist auditors for year-end audit
o Assist in adhoc analyses to support decision-making
Reports directly to the Finance Manager on a daily basis and in absence to the Head of Finance Asia Pacific.
Education / Skills
Undergoing a bachelor’s degree or equivalent
Prior Finance internship experience will be advantageous
Excellent written and verbal communication skills for both English and Chinese.
Team player, outspoken with strong work ethic and commitment
Ensure compliance with the Company’s Occupational Health, Safety & Welfare Policy and Procedures. In particular:
o Take reasonable care to protect your own health and safety at work.
o Use equipment provided for health or safety purposes.
o Obey reasonable instruction that your supervisor may give in relation to health or safety at work.
o Ensure so far as is reasonably practicable, that all employees under your supervision are safe from injury and risks to health whilst at work.
o Avoid adversely affecting the health and safety of any other person through any act or omission at work.
o Ensure that you are not, by the consumption of alcohol or a drug, in such a state as to affect your performance or endanger your own safety at work or the safety of any other person at work.
o Demonstrate full understanding and ensure duties are carried out in accordance with the Company’s published Quality Management System.
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