1. Assisting with Accounts Payable and Receivable

Task: The intern will assist with processing invoices, managing accounts payable (AP), and supporting the accounts receivable (AR) process. This includes verifying invoice details, recording transactions in the system, and following up with vendors or clients on overdue payments. 

Expected Result: The intern should help ensure that invoices are processed and recorded accurately, contributing to timely payments and collections. They will help maintain smooth financial operations by ensuring accurate tracking of both AP and AR.

2. Bank Reconciliation and Cash Flow Management

Task: The intern will assist in reconciling bank statements with the company’s financial records. This involves comparing transactions, identifying discrepancies, and ensuring all transactions are accurately recorded. 

Expected Result: The intern should contribute to the accurate reconciliation of the companys bank accounts, ensuring that all records align and discrepancies are identified and addressed. This will support the overall financial accuracy and cash flow management.

3. Supporting Financial Reporting

Task: The intern will assist in preparing financial reports, such as balance sheets, profit and loss statements, and cash flow statements. They may help compile data, input numbers, and ensure reports are accurate. 

Expected Result: The intern should contribute to the preparation of accurate financial reports, supporting decision-making by providing timely insights into the company's financial health.

4. General Ledger Maintenance

Task: The intern will help update and maintain the general ledger (GL) by recording daily financial transactions, reconciling accounts, and assisting with month-end and year-end closing processes. 

Expected Result: The intern should ensure that the GL is updated accurately and in a timely manner. This helps ensure the integrity of financial data, supporting audits and other accounting processes.

5. Assisting with Tax Preparation and Filing

Task: The intern will assist with preparing documents and reports related to taxes, including sales tax, VAT, or other relevant tax filings. They may also help in gathering necessary documentation for tax returns. 

Expected Result: The intern should ensure that the necessary tax documents and records are properly prepared and submitted on time, supporting the companys compliance with tax regulations.

6. Expense Tracking and Reporting

Task: The intern will help track company expenses, ensuring that receipts and invoices are accurately recorded and categorized. They may assist in preparing expense reports or tracking employee reimbursements. 

Expected Result: The intern should ensure that all expenses are properly documented and categorized, contributing to accurate expense tracking and budgeting. Their work will help maintain transparency in financial reporting.

7. Assisting with Financial Audits

Task: The intern may assist with preparing for financial audits by organizing documentation, reviewing transactions, and ensuring that all records are compliant with accounting standards. 

Expected Result: The intern should help ensure that all financial documentation is well-organized and audit-ready, contributing to a smooth and successful audit process.