Treasury and Investment Intern

Company

Alcotech Pte Ltd

Designation

Treasury and Investment Intern

Date Listed

13 Sep 2024

Job Type

Entry Level / Junior Executive
- Intern/TS

Job Period

Immediate Start, For At Least 3 Months

Profession

Accounting / Auditing / Taxation

Industry

Manufacturing General / Biomedical / Pharmaceutical

Location Name

25 Bukit Batok Crescent, Singapore

Address

25 Bukit Batok Cres, Singapore 658066

Map

Allowance / Remuneration

$800 - 1,300 monthly

Company Profile

**About us**
Alcotech is a company that specialises in Drug testing, Alcohol testing, Infectious Disease Kits, and Medical Device Regulatory Affairs.

Interns will have the opportunity to:

- Work directly with private banks and financial institutions to manage the latest investment tools and stay updated on market news, gaining insights into advanced financial practices and technologies.
- Gain practical experience in treasury management and investment analysis.
- Exposure to various aspects of financial operations and investment strategies.

**Job Description**:
**Role Overview**
We are looking for a Treasury and Investment Intern to support and manage our company's financial operations and investment strategies. You will work closely with our finance team to support cash management, liquidity planning, and investment analysis. This is an excellent opportunity to learn about financial management and investment processes in a dynamic and supportive environment. For you to learn more about the business, you will also be involved in the operations of the business. We will show you the ropes.

**The day-to-day activities**
Accountancy and Treasury Responsibilities
- Engage in effective communication with private banks, funds, and other financial institutions to facilitate seamless transactions.
- Attend meetings with private banks and funds to discuss financial strategies and investment opportunities.
- Gather data on capital market products to support informed investment decisions and optimize portfolio performance.
- Collaborate in the monthly closing of Accounts Payable (AP) and Accounts Receivable (AR), meticulously recording transactions to ensure accurate financial reporting.
- Perform bank reconciliation to validate financial data and maintain precise records of cash flows.
- Actively participate in budgeting exercises to support strategic financial planning initiatives.
- Contribute to monthly stock-taking exercises to monitor inventory levels and facilitate informed decision-making.
- Prepare monthly payroll for approximately 10 employees, ensuring timely and accurate processing.

**Operational Responsibilities**
- Learn about various aspects of the business operations, including Drug testing, Alcohol testing, Infectious Disease Kits, and Medical Device Regulatory Affairs.
- Collaborate with logistics partners to guarantee the safe handling and transfer of products.
- Assist in the processing of government tenders, ensuring compliance with regulatory requirements.
- Provide support in coordination and facilitation of drug testing sessions.
- Tackle diverse operational tasks as they arise, playing a vital role in optimising the efficiency and effectiveness of our business.

**Learning Outcome**

1. Acquire Practical Experience in Financial Management
Gain hands-on experience in treasury management and investment analysis. Learn to handle cash management, liquidity planning, and investment strategies, while interacting with private banks and financial institutions to optimize financial operations.

2. Develop Skills in Financial Reporting and Analysis
Build expertise in financial reporting by participating in monthly account closings, bank reconciliations, and budgeting. Enhance your ability to analyze capital market products and contribute to informed investment decisions.

3. Gain Insight into Business Operations and Financial Practices

**Requirements**:

- Strong numerical aptitude and analytical skills
- Highly organized with the ability to thrive in a fast-paced, dynamic environment
- Proactive, eager to learn, and confident in expressing ideas

**Work Environment**

Office working environment
Working hours are Monday - Friday 9am - 6pm

Our office address is

25 Bukit Batok crescent
09-13 The Elitist
Singapore 658066

**Salary**: $800 - $1,300 monthly

Application Instructions

If you are interested in this opportunity, please send us your CV to