From Invoices to Reconciliation: My Journey as a Finance Intern at Nikitha Build Tech Pvt Ltd
Satwik R, PES University
Finance Intern
Nikitha Build-Tech Pvt. Ltd.
Working in Nikitha Build Tech Pvt Ltd as a Finance
intern was an enriching experience that equipped me with valuable practical
skills in the world of finance. This blog shows my work and contribution to the
company. From tracking invoices to achieving reconciliation ensuring financial
accuracy.
My initial responsibility was to meticulously track
invoices. This involved understanding the company's billing procedures,
liaising with different departments to ensure timely receipt of invoices, and
maintaining a centralized record. I learned to identify discrepancies and
follow up for missing invoices, ensuring a smooth flow of financial
information.
Once the invoices were tracked, I began assisting the
finance team with accounting. This involved data entry into accounting
software, ensuring accuracy and adherence to accounting principles. I grasped
the importance of proper categorization of transactions and their impact on
financial statements. Witnessing the practical application of theoretical
accounting concepts was a valuable learning experience.
As I progressed, I was entrusted with filing invoices.
This included understanding the company's filing system, ensuring proper
documentation, and meeting filing deadlines. The importance of organization and
adherence to regulations became evident.
The most enriching aspect of my internship was
assisting with GST (Goods and Services Tax) and book reconciliation. This
involved meticulously comparing financial records with external sources like
bank statements and GST reports. Identifying and resolving discrepancies honed
my analytical and problem-solving skills. Reconciliation, I realized, is the
cornerstone of ensuring financial accuracy and maintaining a healthy cash flow.
Overall, my internship at Nikitha Build Tech Pvt Ltd
was an invaluable experience. It provided me with a hands-on understanding of
financial processes, from the ground level of tracking invoices to the crucial
task of reconciliation. The internship not only equipped me with technical
skills but also instilled a sense of professionalism and responsibility. I am
grateful for the opportunity to have learned from experienced professionals and
gained practical insights into the world of finance.
Comments
Post a Comment