Thursday, December 12, 2019

Accounting as Profession Industry Partner Ecolab Pty Ltd

Question: Discuss about the Accounting as Profession Industry Partnerfor Ecolab Pty Ltd. Answer: Introduction This report will give clear idea about the concept of accounting as profession in context of Ecolab Pty Ltd who are engaged in environmental services with special emphasis on the fields of water, hygiene and energy technologies and services globally with the distinction of world leadership in the said domain with high level of human and material resources exploited for this purpose through different research and development program(Ecolab, 2017). Work Environment- Ecolab The company is practicing high level of professional attitude empowered by the objective of grooming the newcomers with the maintenance of such working environment within the company so that human resource can feel comfortable to deliver their best in all aspect of operations of the company. The company is also extending customized training program for the newcomers in the form of Nexgen training program which develops the skills of human resource in different professional aspects including communication and behavioral traits of successful employees(Ecolab, 2017). Role of Accountant- Ecolab The company is comfortable with the culture of work related to accounting and finance jobs with certain long and short term features. To prove a successful accountant within the organization, Ecolab is looking for such a person who should have the process consisting of different steps which includes raising questions, grabbing the opportunities, questing for knowledge, introducing diversity in the work process, add value through deliverance and proving proactive attitude through initiatives generated by an individual for the better completion of job. The short-term goals of this post are reconciliation through excel spreadsheets, proper initiative for problem solving with analytic approach. Long term objectives are adding value to self and Ecolab through glorifying self professional profile by seeking the opportunities towards network, take initiatives for self growth, with the help of a mentor to be found in the in-house system, and with the mindset of never ending quest of learning (Needu, 2016). Role of Interns in Ecolab The role of intern is short term measure to assess the ability of fresher to work in the organization. Mainly final year student are welcome for this purpose to get them acquainted with the work culture of professional world. The company extends the privilege to work in the organization as intern in different segments out of which accounting are one domain. Normally the interns are offered the job in accounting area with basic concept of practical financial accounting, supply chain finance management and FP A. the interns are paid for their service and their applications are invited through web portal of the company(Catchajob, 2015). Skills and Attributes Required to Work in Ecolab The skills and attributes identified for working in Ecolab are improvement of communication skills, introduction of process improvement, overview of Sarabanes Oxley Audit program, behavioral features of successful human resources, getting most result from personal performance and development, and mentoring program to own up the responsibility as leader. All these features are being ensured through the Nexgen Training Program taken up by the company in order to make the employees well equipped with the work culture and the ambience of the company(Gittins, 2014). Matching the Skills and Attributes as Per need of Ecolab My skills in finance and accounts are theoretical with the book knowledge only. Hence I am ready to opt for any specific line of job of accounting and finance of Ecolab which includes different areas like FP A, accounts receivable, accounts payable, supply chain finance, financial accounting, vendor management, customer service, enterprise excellence, and allied management of finance and accounts. Being a good student of finance and accounting, it is my first choice to work in the segment of financial accounting as this will give me overall idea of how the financial accounting is maintained up to the level of finalization(Harskuti, 2014). Strategy to highlight my Preferred Area of Work I would prefer to work with financial accounting and my strategy will be to analytically understand and execute the required steps needed for perfect treatment of financial information through proper management of them with special emphasis given on the domain of tax including GST and income tax-both corporate and employees. This area is my favorite and I will strategize the same with the objective of minimizing the complicacy through my knowledge of reconciliation followed by proper presentation of financial data in perfect way. References: Catchajob, 2015. Ecolab Finance Graduate Internship Internship in Sydney NSW. [Online] Available at: https://www.catchajob.com.au/job/ecolab-finance-graduate-internship-internship-in-sydney-nsw/ [Accessed 04 April 2017]. Ecolab, 2017. Our Business. [Online] Available at: https://www.ecolab.com/about/our-businesses [Accessed 04 April 2017]. Ecolab, 2017. Our Purpose and Values. [Online] Available at: https://www.ecolab.com/about/our-purpose-and-values [Accessed 04 April 2017]. Gittins, S., 2014. 6 Skills and characteristics you need to work in the hospitality industry. [Online] Available at: https://www.ramtrainingservices.com.au/6-skills-and-characteristics-you-need-to-work-in-the-hospitality-industry/ [Accessed 04 April 2017]. Harskuti, K., 2014. Want to Work With Children: 5 Skills and Qualities You Should Be Working On. [Online] Available at: https://www.socialworkhelper.com/2014/01/30/want-work-children-5-skills-qualities-working/ [Accessed 04 April 2017]. Needu, 2016. Tax/business services seniour accountant x4 new roles. [Online] Available at: https://www.needu.com/jobs/tax-business-services-senior-accountant-x4-new-roles [Accessed 04 April 2017].

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