Accounting Intern

Company Overview:

Pharo Ventures is the commercial, for-profit arm of The Pharo Foundation and has been set up to harness the power of a vibrant private sector by investing in enterprises across a variety of sectors within the East Africa region. The objective is to build and grow, commercially and environmentally sustainable businesses, with a focus on maximising creation of economic value and jobs and for the local communities. We have a vision of an economically vibrant and inclusive Africa. Matching that vision is our ambition to create a portfolio of sustainable business ventures that by the end of 2025, will deliver more than five thousand direct jobs across the region. We believe we can achieve our vision and ambitions by investing in the human and physical capital of Africa. For each target country in the region, Pharo Ventures will innovatively build a portfolio of businesses that will be financially sustainable, create value for the local communities and be environmentally responsible. Headquartered in the Nairobi (Kenya), Pharo Ventures has country offices in Ethiopia (Addis Ababa) Somaliland (Hargeisa).

Position Summary:

We are seeking a motivated and detail-oriented Accounting Intern to join our team. This position offers an excellent opportunity for individuals looking to gain hands-on experience in both accounting and administrative functions. The ideal candidate will be eager to learn, possess strong organizational skills, and be able to work effectively in a fast-paced environment.

Report to: Finance Manager

Key Duties and Responsibilities:

Accounting Duties:

• Assist in the preparation of financial statements and reports.


• Help with data entry and reconciliation of accounts.


• Support the accounts payable and receivable processes.


• Assist with monthly, quarterly, and annual closing procedures.


• Help maintain accurate and up-to-date financial records.


• Collaborate with the accounting team on special projects as needed.

Clerical Finance Tasks:

• Prepare and issue cheques for payments.


• Receive and process receipts, ensuring accurate record-keeping.


• Process invoices and payments accurately and in a timely manner.


• Maintain and update financial databases and filing systems.


• Assist with payroll processing and related tasks.


• Generate financial reports and summaries as required.


• Monitor and track budget expenditures.


• Initiative approval max approval processes


• Settle monthly tax and pension obligations


• Prepare procurement reports as per the requirement of tax authority


• Scan and archive all financial documents (both in e- and Hard copy)


• Prepare and issue withholding tax receipts

Administrative Duties:

• Perform general administrative tasks, including filing, scanning, and data entry.


• Assist in organizing and maintaining office supplies and equipment.


• Support scheduling and coordination of meetings and events.


• Assist with the preparation of documents and presentations.

Qualifications:

• Currently pursuing a degree in Accounting, Finance, Business Administration, or a related field.


• Basic understanding of accounting principles and practices.


• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).


• Strong organizational skills and attention to detail.


• Excellent communication and interpersonal skills.


• Ability to work independently and as part of a team.

Behavioral Competencies:

• Attention to detail


• Adaptability


• Problem-solving


• Teamwork


• Integrity

Interested applicants who meet the minimum requirements may send;

• Click here to apply with a detailed cover letter and CV (preferably as a single PDF file) within fifteen (15) consecutive days after the first day of this vacancy announcement.
  

Review of applications will be on a rolling basis. In the event that we identify an outstanding applicant early in the search process, we reserve the right to appoint before the deadline. For this reason, we encourage interested candidates to apply as soon as possible. Due to the high volume of applications expected, we regret that we will only be able to contact the short-listed candidates.