Without a strong foundation of leadership skill, one cannot lead the company to a high level; he cannot inspire the employees to do a better job, nor to lead the company out of harsh time.
Relating my studies to this internship, I was indeed qualified to participate in this internship because I am an open minded person. I do not get offended by people pointing out my weaknesses which I am always grateful for and willing to improve or change. I loved to hear either positive or negative feedbacks on my abilities and opinions on what I had done well on or what I need to focus more on to improve. I had held position that people looked to me as a leader.
The internship in PWC helped me to get involved in a job where I can use what I learnt there. The reason why I wanted to do that it's because I will be doing what I love to do and having a stable income at same time. This might sound simple but a lot of people dislike what they do at their job. Being able to practice what I love in a job will be very satisfying.
1.4 Experience Obtained During PWC Internship
My internship at PWC was motivated by my Aunt who worked as an accountant in the firm. She is actually the one who made it easy for me to get through to acquiring the internship as she helped in delivering my certificates and testimonials to the company's premises. Although she helped me this way, I must say however that my getting through was made easy by the fact that I had good credentials reflected in my transcripts as required by the PWC who have been very strict to get students for internship based on merit.
Since PWC firm has functions acting as a consulting company, its employees must deal with clients all the time. For my intern, one of PWC's client requested PWC to develop a shared services center that covers Finance, Human Resources, and Procurement processes to serve business units under the holding company. As for myself, I joined the finance team that dealt only with financial transactions. The team was headed by Sung Hoon Kim who was my trainer.
To begin the project, my project and I must design business process flow for all finance transactions. In this process, I did a lot of communication with the client. Also, I did not learn how to design or modify business process flow for financial activities from previous finance or accounting courses. So, this experience is definitely useful in making me familiar with business process flow for financial transactions.
If I am able to assimilate the theory I have learnt into practice, whilst observing and continually learning, would be one indicator of success for me in my internship. Gaining a number of industry contacts and working relationship would indicate success in a personal sense for me. I also enhanced my problem solving, communication, planning and dealing with conflict skills, by monitor the current problems of firms in finance and accounting and what their root causes could have been and measures that could be put in place to prevent that often to support fully the operations of any firm or organization.
Whilst in an informal meeting with Sung Hoon Kim, we discussed what he wanted from us as to be active in our time in PWC, that is to learn as much as possible what was relevant to our studies and to enjoy our time by seeing and doing as much as we can in our time. Over all the supervisor provided us with a safe and healthy learning environment that helped us in our current studies.
After we finished the business process flow for Finance, Human Resources, and Procurement department, my coworkers and I could start doing other processes in order to further develop the Shared Service Center. Developing a charging mechanism approach was definitely one of the important processes that should be done right after the business process flow. To develop charging mechanism, I must look closely at the income statement and statement of cash flow to determine the cost driver for each services provided by the shared service center. This process definitely required me to be able to read both income statement and statement of cash flow, which I learned from my course work. This was very advantageous to me because my major is accounting and finance.
Along with these two processes, I also dealt with the performance reporting tool. As what the name suggests, this tool was designed to allow the customers of...
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