Internship - Accounts Payable

Internship / Industrial Training - Accounts Payable Gurugram - ONSITE

Responsibilities :

Record Keeping : Maintain accurate and organized records of all accounts payable transactions for day to day transactions and accruals for month end close for various group entities across locations like UK, US, India, Jersey, Mauritius etc.

Invoice Processing : Review, verify, and process invoices for payment, ensuring accuracy and compliance with company policies.

Payment Management : Prepare and execute payment runs, including checks, ACH, and wire transfers.

Credit cards management : Reviewing the transactions on the corporate credit cards and ensuring compliances as per company policy and maintain accurate and organized records of all transactions

Automation and projects : Identify opportunities for automation and participation in active projects from accounts payable perspective.

Vendor Relations : Communicate with vendors to resolve discrepancies, answer inquiries, and maintain positive relationships.

Reconciliation : Perform Bank reconciliation, monthly reconciliations of accounts payable transactions and resolve any discrepancies.

Compliance : Ensure compliance with internal controls, company policies, and relevant regulations and prepare statutory filings as applicable for accounts payable

Reporting : Assist in the preparation of accounts payable reports and provide support during audits.

Stakeholder management : Dealing with internal stakeholders for periodic reporting and day to day matters

Required Experience :

Candidates should possess the following :

CA Intermediated cleared for Industrial Training from reputed firms OR MBA / B.Com (Honors) / BBA from Tier 1 institutes for Internship with specialization in Finance.

Proficiency in Microsoft Excel.

Interested in Accounts Payable role.

Strong communication and interpersonal skills.

Excellent organizational and time management skills.

About Us

We’re OakNorth, and we embolden entrepreneurs to realise their ambitions, understand their markets, and apply data intelligence to everyday decisions to scale successfully at pace.

Banking should be barrier-free. It’s a belief at our very core, inspired by our entrepreneurial spirit, driven by the unmet financial needs of millions, and delivered by our data-driven tools.

And for those who love helping businesses thrive? Our savings accounts help diversify the high street and create new jobs, all while earning savers some of the highest interest on the market.

But we go beyond finance, to empower our people, encourage professional growth and create an environment where everyone can thrive. We strive to create an inclusive and diverse workplace where people can be themselves and succeed.

Our story

OakNorth was built on the foundations of frustrations. In 2005, when our founders tried to get business finance for their data analytics company, the computer said ‘no’. Unfortunately, all major banks in the UK were using the same computer – and it was broken.

Why was it so difficult for a profitable business with healthy cash flow, retained clients and commercial success to get a loan? The industry was too focused on financials from the past, rather than potential in the future.

So, what if there was a bank, founded by entrepreneurs, for entrepreneurs? And what if that bank allowed savers to invest their money into businesses that create jobs in their communities?

Say hello to OakNorth.

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