Finance Internship Report

Internship / mold cognomen Revenue Operations Specialist Internship / Project Progress I worked in a Saas-based confederacy as a gross operation specialist. My main responsibilities were to work almost with the CFO with hebdomadal bullion run away analysis and to apply cash, book daybook entries and created A/R aging reports in Net Suite and GP. Also, I blameless monthly GL account reconciliations and gross waterfalls and brisk SOX filing, such(prenominal) as gross revenue tell apart and journal opening samples.Furthermore, I worked close with account executives in managing all all everywhere 350 nodes, generating invoices and process payments in Quickbooks and Xero. When my company transferred system, I migrated over 5 GB of system information using Pivot Table and Vlookup and created invention collection metrics and invoice bang charts on workaday basis. Besides, I helped AP team to verified over 100 weekly expense reports for employee expense reimbursements and assisted with news report logs and billing/ tax income close process.I in like manner supported in preparation of monetary statements and management reporting and man ancient billing schedules for revenue recognition This position helps me understand how a finance department runs in the daily work. Also, I built many skills relevant to accounting in the software package industry, such as revenue recognition, account receivables and VSOE. I summarized what I learnt and contributed for my company below.Revenue and Budgeting Assisted financial team to reached $29 million quarterly revenue target in in the lead of one month Managed P&L, aged receivables, income statement, bank reconciliation reports and journal entry for monthly revenue reconciliation Handled revenue waterfall month end closures in an accurate and timely manner, finishing a week before official out-of-pocket date and exceeding manager expectation. keep the budgeting model by the development and utility of bu dgeting process to decrease 10% hail on delivery rates and advertizing occupancy.Account Management Engaged professionally with sales personnel to manage over 350 customer master files in QuickBooks and 300 customers in Xeros and to implement leads generations in Salesforce. com CRM Built and substantial customer relationships to enhance performance in the bank and generated 10% in portfolio revenue. info Management Posted daily cash applications and journal entries in various accounts in Net Suite, kept track of over checking and money market accounts simultaneously and maintained onsistently 100% accuracy Reconstructed over 5 GB of system entropy using vlookup and combination formulas in Excel, handled software compatibility issues, input and output parsing, saved company over 30 hours in automating the manual(a) migration of data. Overall, what I learn from class in ITU is well applied to my job. For instance, in financial Accounting class, we learnt the knowledge about tr oika important financial statements, which I employ and reviewed in my job.