Work Environment Presented by Deloitte Company - Management Paper Example

Paper Type:  Research paper
Pages:  3
Wordcount:  659 Words
Date:  2021-06-14

Deloitte provides a good work environment by enabling its employees to meet and work with many client companies. The benefits and compensation are also good. Hence, they help to keep the employees motivated. There are many chances to train and develop in the dynamic job market when working with Deloitte. Besides, the flight, travel, and hotel allowances make the work environment friendly. The employees experience new challenges due to the availability of different projects reducing the chances of boredom. However, the environment also faces some challenges like the inadequate expert agency in cases of low sales. Working here implies poor work-life balance as employees are required to work long hours to meet deadlines. It also faces the challenge of bureaucracy as the top management needs to be consulted on every issue.

Trust banner

Is your time best spent reading someone else’s essay? Get a 100% original essay FROM A CERTIFIED WRITER!

The role of accountants in Deloitte

Accountants in Deloitte are the leaders in any work involving a client. They outline the processes and procedures to be followed. They ensure that the general ledger, accounts receivable and payable, and cash management is well configured. Also, they are involved in the completion, modification, processing of data, and designing the financial reports. Customer assistance involving an explanation of their concerns and helping in financial reporting is also done by the accountants. Additionally, they are charged with the need to accomplish the annual and monthly utilization and billable goals (Baxter, 2013). Lastly, they compile and forward the required project reports and metrics. For example, updates on projects, and a list of issues to be handled.

The role of a new graduate accountant employed by Deloitte

A new graduate accountant in Deloitte processes and confirms invoices and payroll records. They are also involved in the posting and processing of the journal entries so that each transaction is documented. Additionally, they process the income statements, balance sheets, and all the financial statements depending on the company and legal financial and accounting rules. Moreover, they update the databases with financial data so that information becomes available and correct when required. The graduates also assist the senior accountants in formulating the annual and monthly closings (Baxter, 2013). Lastly, they assist with other accounting tasks carried out by the senior accountants.

The skills and attributes required to be an accountant in Deloitte

An accountant working at Deloitte should be able to use mathematics, accounting, and economics skills to come up with solutions for any pending problems. Furthermore, they need knowledge in law, computer, and human resources to deal with clients properly. One is also required to be an active listener to understand what people say and ask questions without making interruptions. They should be good at writing to effectively communicate what a client wants, read efficiently to comprehend every document given by a client. Additionally, they need critical thinking skills by using reasoning and logic to detect the weaknesses and strengths of any solutions, approaches, and conclusions (Baxter, 2013). Moreover, the accountants should manage time properly, monitor and manage performance, and in case of problems they should take corrective actions.

A critique of my skills and attributes in alignment to those required to work at Deloitte

The skills I have that can enable me to work at Deloitte include knowledge in mathematics, accounting, economics, law, computer, and human resources. Moreover, I am good at managing time efficiently, listening keenly for comprehension, and asking questions where misunderstandings exist (Baxter, 2013). However, the problems I have are inefficiency in critical thinking, poor at writing to document all the transactions, and reading through each document to gain a proper understanding.

Strategy to improve the weaknesses in my skills to meet the requirements of Deloitte

Since am poor at critical thinking, documenting, and reading through documents, I can attend some training sessions to learn their significance and how to apply them at work. Similarly, I can interact with other accountants who have been in the industry for long, and ask them on ways to improve on my inefficient skills.

Reference

Baxter, J. (2013). Accountancy. 6th ed. Hampton, Middlesex [England]: Key Note Ltd.

Cite this page

Work Environment Presented by Deloitte Company - Management Paper Example. (2021, Jun 14). Retrieved from https://midtermguru.com/essays/work-environment-presented-by-deloitte-company-management-paper-example

logo_disclaimer
Free essays can be submitted by anyone,

so we do not vouch for their quality

Want a quality guarantee?
Order from one of our vetted writers instead

If you are the original author of this essay and no longer wish to have it published on the midtermguru.com website, please click below to request its removal:

didn't find image

Liked this essay sample but need an original one?

Hire a professional with VAST experience!

24/7 online support

NO plagiarism