At a Glance
- Tasks: Support the Accounts Receivable process and ensure timely posting and reconciliation of receipts.
- Company: Join a dynamic team in a leading financial services environment.
- Benefits: Gain valuable experience, develop skills, and enjoy a supportive work culture.
- Other info: Perfect for organised and energetic individuals looking to grow in finance.
- Why this job: Make an impact by ensuring accurate financial processes and contributing to the team's success.
- Qualifications: Studying Accounting with proficiency in Microsoft Office; SAP experience is a plus.
The predicted salary is between 20000 - 25000 £ per year.
As a Accounts Receivable Intern, you will report into the Head of Financial Services and will support all functions associated with the Accounts Receivable process, with an emphasis on the accurate and timely posting and reconciliation of all cash and credit card receipts. You will ensure that all Accounts Receivable processing and posting is complete in advance of the month-end reporting deadlines.
Responsibilities include:
- Reviewing daily sales reconciliations for free standing stores, following up and resolving reconciling differences.
- Reconciliation of credit card receipts and cash receipts, including foreign cash receipts, through to the bank statements for free standing stores and following up and resolving reconciling differences.
- Preparation and analysis of monthly data required.
- Correspondence with credit card companies on chargeback requests and issues.
- Verification of wire transfer receipts through to the bank statement prior to release of the products to the customer.
- Reconciliation of Balance Sheet accounts ensuring that all discrepancies are identified and resolved in a timely manner.
- Reviewing Accounts Receivable ageing to ensure compliance.
- Supplying the stores with all necessary sales stationery supplies.
- Preparing the quarterly VAT returns.
- Updating weekly the exchange rates in the retail system.
- Assistance with other ad hoc projects as and when required.
Qualifications and Requirements:
- Studies in Accounting.
- Proficiency in Microsoft Office including Word and Excel is essential.
- Must be organized, dedicated, and energetic and be able to manage large volume of transactions.
- Strong attention to detail.
- Good verbal communication.
- Polite telephone manner.
- Experience with SAP is preferable.
- Dynamic and pro-active approach.
Accounts Receivable Intern– UK, Ireland, & South Africa employer: LOUIS VUITTON
As an Accounts Receivable Intern, you will thrive in a dynamic and supportive work environment that values accuracy and attention to detail. Our company fosters a culture of growth and collaboration, offering ample opportunities for professional development while working alongside experienced professionals in the financial services sector. Located in a vibrant area, we provide a unique chance to engage with diverse teams across the UK, Ireland, and South Africa, making your internship both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Intern– UK, Ireland, & South Africa
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like LOUIS VUITTON and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at LOUIS VUITTON!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at LOUIS VUITTON. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from LOUIS VUITTON and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace Accounts Receivable Intern– UK, Ireland, & South Africa
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at LOUIS VUITTON and what you hope to learn. Be personal and connect the dots between your education and the role of Accounts Receivable Intern– UK, Ireland, & South Africa.
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at LOUIS VUITTON
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
