Finance Internship at RTI International

Found in: beBee S KE - 1 month ago

Nairobi, Kenya RTI International Full time

RTI International is a nonprofit organization headquartered in the Research Triangle Park in North Carolina that provides research and technical services.

Overview
RTI International seeks a prospect for the Finance Internship within the International Development Group.

The USAID-funded Western Kenya Sanitation Project (USAID WKSP) aims to establish a financially sustainable, transformative, and locally owned sanitation marketplace in the eight counties of western Kenya, with a focus on improved sanitation, fecal sludge management (FSM), and menstrual hygiene management (MHM) products and services.

The intern will work under the guidance of the Finance Specialist, gaining hands-on experience in day-to-day finance operations.
Learning Objectives:

Learn and contribute to the review and submission of monthly bank reconciliations.
Gain exposure to project cash management functions, budgeting and reporting of USAID funded projects, and learning about compliance with both USAID and RTI procedures
Learn how to reconcile monthly expenses, track VAT refunds with external vendors, contribute ideas for process improvement, and collaborate with the local office in Kisumu and the office in DC and North Carolina.

Responsibilities

Assist the finance team in establishing and maintaining systems for timely disbursement, accounting, budgeting, and reporting of project funds in compliance with local and USAID regulations.
Contribute to the preparation and submission of monthly expense reports to the RTI home office.
Learn and contribute to maintaining the inventory tracking system, ensuring compliance
Participate in reviewing expenses and financial transactions to ensure compliance with RTI procedures and terms of the agreement. with USAID and RTI procedures.
Participate in reconciling and following up on VAT refunds.

RTI's Internship Program emphasizes experiential and mentored learning experiences, providing students and recent degree recipients an opportunity to apply their academic knowledge and skills in a meaningful and practical way. We are committed to developing the future workforce by encouraging interns to explore various career paths in a nonprofit research institute setting that values diversity and inclusion. Through this program, interns will be exposed to RTI's open and educational culture; support RTI's mission to improve the human condition; and build upon their career goals.

Additional Information

This in-person academic credit with stipend internship will take place from March 2024 through May 2024. The internship requires a minimum commitment of 20 hours per week. Hours are flexible during business hours, Monday through Friday.
Qualifications
Required Qualifications

Must be a local resident of Kisumu, Kenya
Currently pursuing an undergraduate or graduate degree in Finance, Accounting, or a related field.
Must be eligible to receive academic course credit or fulfill an academic program requirement. Please provide document in with application confirming eligibility.
A personal mobile phone is required
Strong analytical and problem-solving skills.
Basic understanding of financial management principles.
Excellent attention to detail and accuracy.
Effective communication and teamwork skills.

Preferred Qualifications

Preference for the candidate to have their own laptop
Be able to travel occasionally across the project target counties
It is expected that the team members must be able to work in a fast-paced, results-driven environment – with one team – one project concept.
The ideal candidate should be highly motivated, entrepreneurial, resourceful, flexible, independent, and energetic with excellent communications skills, cultural sensitivity and has demonstrated experience supporting technical assistance projects.

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