Finance Internship

ABOUT CAREPAY

CarePay Group is an international, fast-growing fintech company with offices in Kenya, and the Netherlands. Our vision is to make mobile health insurance accessible to everyone by using state-of-the-art technology against no marginal costs. We strongly believe in leveraging the mobile technology revolution to transform the health insurance sector. CarePay has developed a smart payment distribution platform on the foundations of the mobile money ecosystem, which connects patients, premium payers, insurers, and healthcare providers on our platform. CarePay’s platform has connected over 4.7+ million participants and 5,100+ healthcare facilities across Africa. Since its start, CarePay has received wide-spread international coverage and traction.

In 2017, CarePay won the FT/IFC Transformational Business Award and in 2018 CarePay was recognized as a Technology Pioneer 2018 by the World Economic Forum, following the footsteps of an extensive line of successful companies, such as Google (2001), Twitter (2009) and Airbnb (2013). In 2019, CarePay won the Swiss Re Entrepreneurs for Resilience Award.

MAIN PURPOSE OF THE INTERNSHIP

We are seeking a motivated and detail-oriented Finance Intern to join our Finance Department. This internship provides an excellent opportunity to gain hands-on experience in various financial processes, including accounts payable, accounts receivable, budgeting, and financial reporting. You will work closely with experienced professionals and contribute to the success of our team while developing your skills and knowledge in a dynamic business environment

KEY DUTIES AND RESPONSIBILITIES

• Assist with daily accounting tasks, such as invoice processing, data entry, and account reconciliation.
• Support in ensuring efficient, timely and accurate recording and payment processing in Sage 300®.
• Support the preparation of financial reports and presentations for internal and external stakeholders.
• Assist in reconciling bank statements, accounts receivable, accounts payable, and other financial accounts to ensure accuracy and completeness of financial data.
• Participate in audits and compliance reviews by providing documentation, conducting research, and assisting with audit preparations.
• Assist in preparation of tax schedules.
• Assist in supporting the annual audit by retrieving the sampled documents and preparing schedules.
• Assist in ensuring proper documentation and accounting for travel allowances & reimbursement vouchers and all other supporting documents.
• Assist in the thorough review and verification of purchase transactions, ensuring appropriate purchase order matching, credit terms and adherence to appropriate authorization and budget confirmation and clearance.
• Maintain confidentiality and integrity of financial information, adhering to company policies, procedures, and compliance standards.
• Support finance team members in ad-hoc projects, special assignments, and process improvements to enhance efficiency and effectiveness.

MINIMUM QUALIFICATIONS

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Proficiency in Microsoft Office, especially Excel (e.g., formulas, pivot tables, and charts).
• CPA (Certified Public Accountant) qualification at least intermediate level.
• Strong verbal and written communication skills.
• Analytical mindset with attention to detail.

KNOWLEDGE AND EXPERIENCE REQUIRED

• Basic understanding of accounting principles and financial concepts.
• Experience with accounting software (e.g., Sage, QuickBooks, SAP or Oracle) is a plus.
• Previous internship experience in finance, accounting, or related fields is preferred but not required.
• Strong organizational skills and the ability to manage multiple tasks effectively.
• Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment.
• A strong willingness to learn, gain practical experience, and adapt to new financial systems and tools.

BENEFITS

• Be part of our mission to give people the power to care.
• Hands-on working and learning experience in the Finance Department.
• Stipend + Free Lunch at the office.

AVAILABILITY

•  The intern should be available for the period of the internship.