Graduate Finance Intern at Mercy Corps

Program / Department Summary

• The Mercy Corps Finance Department is responsible for all financial functions in Nigeria including accounting, payments and banking, payroll, budgeting, financial reporting, and grant financial management and compliance.
• The Mercy Corps Finance Department ensures compliance with donor regulations as well as Mercy Corps’ internal policies and procedures. In its role as a support to the Program Department, the Finance Department provides timely reports and assistance to the Country Director and the country team to ensure that financial resources are used efficiently and effectively.

Learning Objectives
At the end of the internship period, the intern should have acquired the following skills and knowledge:

• Understand Mercy Corps policies, procedures, grant requirements and documentation requirements.
• Understand Mercy Corps FFM, procurement, assets management, HR policies and procedures.
• How to maintain the bank file, ensuring that all bank information is properly filed and updated
• Know how to prepare and Maintain filling records of all program activities and other related financial documents.
• Know how to prepare Bank Cheques upon receiving payment schedule and disburse it to staff.
• Understand how to manage the archiving of all financial documents and follow up with staff for any missing documents.
• Understand how to perform petty cash count on time.
• Understand the maintenance of all accounting records; know how to ensure that records are complete, accurate and safeguarded.
• Know how to identify and follow up on any outstanding obligations and Keeps record of all cash, bank and advance updated

Intern’s Responsibilities

• Maintain the petty cash box and carryout weekly and monthly cash counts as directed by the supervisors.
• Make sure all income taxes, withholding tax, VAT and other tax are withheld and remitted to relevant tax authorities on monthly basis.
• Print off all payment voucher and match with the document to be filled.
• Make sure that all supporting documentation is prepared and filed according to MC procedures.
• Make sure all required documentations are attached, calculations are correct, appropriate approvals and reviews are made according to AAM.
• Keeps record of all finance documents and reports are properly filled, labeled and store in a clear and easily accessible manner following the FFM.

Requirements
Ideal candidate should possess the following qualifications:

• 1 Years of bookkeeping, banking or cashiering experience.
• A degree in Accounting or a relevant experience in this area is desirable.
• Strong computer skills in MS Office programs, particularly Excel.
• Accuracy in the processing of cash transactions, mathematical aptitude and attention to detail.
• Excellent oral and written English skills.

Mercy Corps Responsibilities (Salary)

• For the duration of this internship assignment, the intern will receive NGN 60,000 as a monthly stipend.

Intern Responsibilities
Intern will remain responsible for all costs associated with:

• Accommodation
• Living expenses.

Working Conditions

• This position is based in BIU with 5-10% travels to other field locations.