Financial Development Intern at MICRA (Jakarta)

Background: Founded in 2006, MICRA (Microfinance Innovation Centre for Resources and Alternatives), is an Indonesian foundation focused on development of the microfinance sector. MICRA’s mission is to build the institutional strength and outreach of the Indonesian microfinance sector. They do this by providing a full range of high-­quality, best‐practice technical inputs and support to all industry stakeholders, in a sustainable and demand-­‐driven manner. Their focus is in the following three areas:

  • Research and innovation
  • Technical Assistance
  • Ratings and Appraisals

Current projects at MICRA include, Agricultural Microfinance in East Indonesia, training on financial literacy for factory workers in Jakarta and profit sharing in West Java and Bandung. MICRA also run a Poverty Action Center. This program was initiated by MICRA foundation and serves to build Microfinance institution outreach to the poor. More…

Position 1: Financial Development Intern

Dates Available

Start any time from 15 August 2016

Duration

Minimum – 2 months

Maximum – 6 months

Project objective / key areas of engagement:

You will primarily be working on the development of MICRA’s three main objectives -­‐ Research and Innovation, Technical Assistance or Ratings and Appraisals. Your level of engagement will depend on your Indonesian language capabilities.

The key objective of the internship will be to help develop and maintain existing procedures to sustain MICRA’s outreach in the microfinance industry.

Likely tasks / description of role:

The title of the role is Financial Development intern.

As a Financial Development intern with limited to no Indonesian language skills, you can expect to be involved in:

  • Filing documents i.e. Disbursement vouchers, bank receipts and invoices.
  • Using MYOB (Accounting Software).
  • Research for current projects.
  • Writing reports and newsletters for donors.
  • Preparing PowerPoint presentations for meetings.
  • Data entry.
  • During this internship, there may be potential for you to visit MICRA’s current project sites. However, this will be dependent on the capacity of the organisation at the time of your internship.

Applicants with strong Indonesian language capabilities will have more complex involvement in their tasks at MICRA. This will include field assessments and technical assistance.

The tasks of this internship may also vary, depending on the current projects being undertaken by MICRA at the time of your placement.

Output required by intern The tangible output of the work undertaken during this internship will likely include field assessments, document filing, research, data entry and report writing. Intangible output will most likely include the attendance of meetings, field projects and any relevant events.
Expected work hours 9:00am – 5:00pm, Mon – Fri.
Dress code Smart­‐casual. Both men and women can wear T-­Shirts, but should have long pants and closed shoes or sandals with a strap around the heel (no thongs).
Requirements for intern

This internship will suit a Business and Arts double degree student.

English is required. For this position, Indonesian language skills are strongly preferred.

A Skype interview with host organisation will be required.

Please read as much as you can about MICRA Indonesia prior to arriving in Indonesia, so that you are familiar with what the organisation does and the types of projects they are involved in.

You are encouraged to bring your own laptop to this internship.

Costs

The fee charged by International Internships (Service Provider) is in addition to the tuition fees for the unit ATS3130. Accommodation and incountry support packages are optional but highly recommended.

Travel insurance is provided by Monash University. It will cover you for personal travel prior to and after your overseas program, and includes access to 24-hour a day medical and emergency assist services.

Details of the organisation, costs, payment process, cancellation and refund policy are detailed here.

Scholarships

  • New Colombo Plan Scholarship worth $3,000 each

To be eligible for scholarships you must be:

  • An Australian citizen
  • Enrolled as an undergraduate student

All students will be eligible for additional $900 Monash Abroad Travel bursary plus travel insurance.

Domestic students may be eligible for interest free government loan (like HECS) of upto $7,500 through OS-HELP.

Eligibility

1. You should meet the eligibility criteria to enrol in one of:

2. You should have checked with Arts Students Services to confirm that you have room in your degree for one of these units.

Application process:

Go to the Application form and submit your details and documentation. Applications are due by Sunday, 9th October 2016.

Shortlisted candidates shall be invited for an interview.