Adapt IT

What You Will Do 

The purpose of the Finance intern is to provide support to the business by managing daily accounting and financial tasks. 
 
Account Management: 

Achieve timeous PO capturing on the system for AP to be able to accrue costs incurred in the correct month where an invoice is not yet received. 

Invoice Management: 

• Create quotes/proforma invoices and credit notes as per requirements. 
• Manage trackers for all monthly invoicing and revenue accruals to be raised. 
• Manage the month end Invoicing processes as requested. 
• Submit Invoices and statements to clients as a monthly task and upon request from customer. 
• Provide support to the Cashbook Accountant with posting of all payments received to the correct customer accounts, and allocating to the correct invoices, based on remittance advice received from customers. 
• Manage AR ageing, check for unmatched receipts/ misallocation of payments to invoices and liaise with Cashbook Accountant on corrections. 
• Follow up on outstanding and overdue invoices for payment and escalations to Account Manager, Finance Manager, Divisional Executive, Finance Executive and the COO.
• Provide weekly feedback to the group managers on the outstanding invoices and response from customers. 

Required Skills and Abilities 

• Bachelor’s degree in accounting or related (essential).
• Prior working experience an advantage 

Personal Attributes and Qualities: 

• Sound understanding of accounting and financial reporting principles and practices. 
• Analytical mind with strong conceptual and problem-solving skills. 
• Meticulous attention to detail with superb organizational skills. 
• Ability to work under pressure and meet tight deadlines. 
• Critical thinker with a high proficiency in math. 
• Ability to work independently and as part of a team. 
• Excellent report writing, communication and IT skills.
• Advanced competency in Microsoft Office and Accounting software packages. 

Applications Close – 12 May 2024. 
 
About Us: 
 
Adapt IT Holdings Proprietary Limited (Adapt IT) is a South African company and a member of Volaris Group Inc. – a subsidiary of Constellation Software Inc. (CSI) a listed company on the Toronto Stock Exchange.  
 
Adapt IT is a Level 1 Broad-Based Black Economic Empowerment (B-BBEE) contributor that provides leading specialized software and digitally led business solutions that assist clients across targeted industries to Achieve more by improving their customer experience, core business operations, business administration, enterprise resource planning and public service delivery.  
 
The organization has deep sector knowledge and experience predominantly in the education, manufacturing, financial services, energy, enterprise performance management (EPM), telecommunications, consumer security and services, and hospitality industries including public sector.  
Adapt IT serves over 10 000 global customers, with headquarters in Johannesburg, South Africa, and regional offices in Durban and Cape Town.  
 
To service international customers, Adapt IT focuses on the Pan African market, through a presence in Mauritius, Botswana, Kenya and Nigeria, as well as on the Asia Pacific market, where the group has a presence in Australia, New Zealand and Singapore. Through its presence in Ireland, Adapt IT is able to service customers in Europe.