Professional Insight: Accounting Role Application and Interview Report

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This report provides a detailed overview of a student's application for a financial accountant position at MediPharm Labs Australia. It begins with an introduction discussing the role of Artificial Intelligence in recruitment, followed by an analysis of the financial accountant role and the student's rationale for choosing it and the organization. The report includes the student's application materials, such as a cover letter and resume, and details the preparation for an interview, including responses to anticipated questions. It also covers the challenges faced and the actions taken to overcome them, such as improving communication skills and preparing month-end accounting reports. The report concludes with reflections on the interview and the overall professional insight journey. References are provided to support the information presented.
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Professional Insight
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Table of Contents
Introduction.................................................................................................................................................2
Section 1 – Employment now and into the future........................................................................................2
a. Role of Artificial Intelligence..............................................................................................................2
Section 2 – My Role and Organisation........................................................................................................3
Section 2a: Why this Role?......................................................................................................................3
Section 2b: Why this organisation?.........................................................................................................4
Section 3 – My Application.........................................................................................................................5
Section 4 – My Interview Preparation.........................................................................................................8
Section 4a: My Interview Response........................................................................................................8
Section 4b: My Interview Questions........................................................................................................9
Section 5 – Reflection...............................................................................................................................10
Section 5a: My interview reflection.......................................................................................................10
Section 5b: My personal insight journey reflection...............................................................................10
Conclusion.................................................................................................................................................11
References.................................................................................................................................................12
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Introduction
The purpose of the paper is to discuss regarding the professional insight along with the use of the
advanced technology in the process of recruitment. To adequately discuss the paper, the career
selected is the accounting job. The paper effectively discusses the role as well as the organisation
for performing the accounting job within the market. Furthermore, the paper discusses the
response to the mock interview along with the reflection on the personal activity of the
individuals to deal as the accountant within the market.
Section 1 – Employment now and into the future
a. Role of Artificial Intelligence
The artificial intelligence is the technology that emphasizes the creation of the intelligent
machines which work as well as react like humans (Goretzki, and Strauss, 2017). Artificial
Intelligence for the recruitment process is considered to be the application where the computer
can perform the recruitment function within the workplace (Upadhyay, and Khandelwal, 2018).
This technology is effectively designed to streamline the workflow in the recruitment part. In the
case of an accounting job, the use of artificial intelligence for recruitment is highly effective as
this help the recruiter to auto-screen the resume (Vedapradha, Hariharan, and Shivakami, 2019).
This system effectively helps to save time for the recruiters and also its support for improving the
quality of hiring the candidates for the organisation. The use of AI within the recruitment process
effectively help the recruiter to provide better integration of the analytics to recruit the best
candidate (Munro, 2018). The usual recruitment process eventually implies a certain share of
conscious bias, but with the AI in the recruitment process, the decision is unbiased for the
candidates (Benson, 2016).
One of the simplest but the most valuable application of the artificial intelligence is the ability to
post all the improved targeted advertisements which will be effectively seen by the right
candidates that also at the right moment (Small, Smidt, and Joseph, 2017). This system works by
using the history of the online activity of the candidates. The AI-based software has the ability to
analyse the browsing history of the candidates as well as use them for making the effective
decision (Nawaz, 2019). The use of chatbots can effectively add more information within the
resume as well as perform conversation with the candidates. The advanced chatbots like the Mya
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are utilised to converse with the candidates and even to analyse the response of the candidates
that also by using the Natural Language Processing that help to provide the view regarding the
certain skills of the candidates (Ségaliny et al., 2015).
Section 2 – My Role and Organisation
Figure: Advertisement for an accounting job
Section 2a: Why this Role?
The key responsibilities of the financial accountant in an accounting job are as follows;
Processing the supplier payments
Data entry
Undertaking the CRM activities
Debt collection
Issuing the purchase order number
Electronic filing of the database
I can effectively be the financial accountant as I have the ability to perform all the
responsibilities that are required within the job advertisement of a financial accountant. The
accounting job needs to have a clear understanding regarding the data analysis and the
calculation of various payments and purchase of materials (Small, Smidt, and Joseph, 2016).
Working as the account officer within the organisation, it is also essential for the candidates to
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have knowledge regarding MS Office Suite and teamwork. One of my effective strength is that I
have knowledge regarding MS office suite and also the capability of maintaining the entire team
within the organisation. Being the account officer, acting like the whole of the officer is to
maintain the financial activity of the firm and even analyse the data to develop the value. The
account officer needs to develop the value and the working function within the field for dealing
with the situation and maintain the future growth of the business (Mardiana, 2015).
Section 2b: Why this organisation?
The organisation that has been selected to work for is the MediPharm Labs Australia. It is
located in Melbourne, Australia and a firm that offers the professional as well as collaborative
workplace culture within the leading-edge facility regarding the pharmaceutical as well as
international GMP standard. This company is known as the recognized leader within the
Cannabis Industry. It has the growing team of the scientist then the technicians as well as the
engineers' along with the business professionals for delivering the superior quality along with
innovation by forwarding thinking (Richardson, 2017). The organisation maintains the trusted
cannabis extraction operations which are effectively developing the medical service in Australia.
This is one of the best organisations for working as an accountant because, in this organisation,
the accountant needs to look after the medical purchase as well as the payment outlet for the
firm. This organisation has been selected for working because this organisation provides the
most valuable activity for dealing with the situation. The organisation effectively provides the
most operational finance matter for developing its value to access some of the most effective
value within the field (Hoitash, Hoitash, and Kurt, 2016). The organisation provides vast scope
for the accountant to perform their activity and deal with the situation in the most effective way.
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Section 3 – My Application
Cover Letter
September 30, 2019
John Smith
Director, Human Resource Management
MediPharm Labs Australia
Dear Mr Smith,
Myself Jonathan Wanner, with due respect writing you the application for the position of
financial accountant in your organisation. I have the experience of three years as the financial
accountant and two years of experience in the field of account officer. I believe that I am already
ready to move within your organisation and work in the position of financial accountant for
gaining better opportunity in my career.
In the job post of your company, it is mentioned that you want to hire a financial accountant for
maintaining the month-end report along with the financial controller and I can assure you that I
have the capability and ability to perform as the financial accountant within your firm. During
my work within the pharmaceutical company, I was given the task to maintain the billing as well
as the accounting process along with the balance sheet maintenance for providing the best
working function within the market.
In the previous organisation within six months, I was able to develop the value of the company
by 20percent growth within the market. I can assure you that with my knowledge, skill and
experience, I can help to enhance the future growth of the company. When I saw the job opening
in your company, I was very much excited to work in your company as I have heard numerous
positive feedback regarding your business within the market.
So I will be highly obliged if you kindly look in the matter and consider my resume for the
position of Financial accounting at your organisation.
Thanking you
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Resume
Jonathan Wanner
12 Arthur St, Trunkey Creek, NSW 2795, Australia
Contact number: 263688770
Email Address: w.jonathan@yahoo.co.in
Objective: Seeking the position as the financial accountant where the extensive experience will
be effectively further developed as well as utilized.
Career profile:
Detail-oriented along with the efficient as well as organized professional that having the
extensive experience within the accounting systems
Have the strong analytical as well as problem-solving skills along with the capability of
making a suitable decision within the organisation
Have the excellent writing as well as the verbal communication skills for dealing with the
consumers and the clients
Highly trustworthy as well as discreet along with the effective, ethical value
Very much resourceful for the completion of the project and also very much effective in
performing the multi-tasking activity
Experience:
Australian Pharmaceutical Industries (API), NSW
2016 – Present
Financial Accountant
Have performed the account payable function for the pharmaceutical company
Have managed the vendor accounts and also have generated cheques on weekly demand
Managed the financial departments like the budgets than the forecasting than the payroll
and account systems
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Create the budget as well as the forecast for the management group of the firm
Ensured the compliances that also with the accounting deadlines
Prepared the account for the company as well as the tax return for the audit purpose
Liaised with the bankers along with the insurers as well as the solicitors that also
regarding the financial transaction
Chemeq, Western Australia
2014 – 2016
Account Officer
Managed the account receivable then the account payable along with the payroll
departments
Generated the budget along with the forecast that also on the basis of the quarterly
activity of the management team
Reported on the variances of the costing report every quarter
Administered the function of online banking system within the organisation for
developing the worth
Monitored as well as recorded the expense of the company
Education:
BS in Computer Science
University of New South Wales, 2001-2004
BS in Accounting
University of New South Wales, 2005-2007
Bachelor of Science Accounting
University of New South Wales, 2009-2011
Section 4 – My Interview Preparation
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Section 4a: My Interview Response
Knowledge in computer
Situation The challenge that was faced is to use Enterprise Resource Planning for the
accounting process.
Task To effectively overcome this challenge, it was highly essential to gather effective
knowledge on the process and for that learning from the various online videos and
even getting the training is highly essential.
Action I have seen numerous videos on the ERP system and also perform practice from it
to improve my skill and knowledge. I have also taken admission to ERP training
centre so that it helped me to get effective knowledge on the technical part of the
system. I have also taken education from university teachers to develop the skill.
Result The training and education system has effectively helped me to gather the
information, and for that, I was able to develop my knowledge regarding ERP
system.
Communication skills
Situation Got stammer while facing the interview and could not communicate effectively
with the interviewers.
Task To effectively overcome the issue, the primary task is to communicate with the
teachers and the staff members and even with their peers. To watch numerous
online videos on the process of increasing communication skills.
Action I discussed the problem with my peers and teachers so that they are able to help
me out and communicate with me effectively. I took classes for speaking smartly
in the interview and also grooming school to have the focus of the recruiters.
Result The task that I performed effectively helped me to develop my skill and
knowledge regarding communication skills effectively for dealing with the
situations. By communicating with the staff members, I have also developed my
value and my skill for maintaining effective speaking skill within the interview.
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Preparation of month-end accounting report
Situation Unable to prepare the month-end accounting report for the case that was provided
by the recruiters.
Task To overcome the issue, the primary task is to learn the process for making the
accounting report and also practice the process effectively. It is also essential to
study numerous journal articles and textbooks for gathering knowledge regarding
the preparation of month-end report within the market.
Action I took classes from the university teachers regarding the process of making an
accounting report. I have also learned from the online videos, and other journal
articles to have a clear view regarding the situation.
Result It helped me to develop my knowledge and skill regarding the process of making
an accounting report for the organisation at the month-end.
Section 4b: My Interview Questions
Behavioural question for 1st team member;
Tell us how you have worked under pressure?
How do you manage or overcome the challenges?
Did you ever make any mistake? How did you overcome the mistakes?
Behavioural questions for 2nd team member;
Describe the decision that you have made for the organisation?
How did you have worked with the team members in the organisation?
What did you usually do if you get to disagree with someone at the organisation?
Behavioural questions for 3rd team member;
How did you motivate the people within the workplace?
How you usually handle the difficult situation within the organisation?
Give us the information regarding the technical knowledge you had?
Section 5 – Reflection
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Section 5a: My interview reflection
The situation that was created within the mock interview helped me to develop my knowledge
and skill for working as the financial accountant within the remounted organisation. In the mock
interview, my attitude was very positive, which help me to maintain my confidence level and
provide the answer with suitable and effective value within the field. But it can be seen from the
mock test that in the area of speaking I could have done better so that I have a direct impact over
the recruiter during the interview process. It is the fact that the candidates need to maintain their
level of self-confidence as well as effective speaking skill for dealing with the situation and
providing a valuable response to the recruiters. The speaking skill of mine is not bad, but at the
mock interview, I got stammer at some points which I think happen due to the nervousness. This
occurs due to the fact that the mock interview reminds me of the real situation, which increases
my toxin level, and for that, I got nervous, that affect my speaking skill. In future with the real
interview, I would prepare myself and also stay calms during the interview so that I did not get
nervous and start stammering as I did in the mock interview.
Section 5b: My personal insight journey reflection
The course has effectively helped me to develop my skill and my knowledge regarding the
process of accounting job within the field. From this course and activity, I have learned
numerous things like dealing with the nervous issue and also speaking skill during the interview
process. This course has a vital impact on the career selection of being the financial accountant
and work for the renowned organisation within the market. Since the start of the trimester,
numerous things have changed as I can feel that my speaking skill has developed and also my
knowledge regarding the financial accounting process has developed. The method of maintaining
the balance sheet along with the cash-flow has also developed within me since the start of the
trimester. To become the job as well as the career-ready I have already started to gather
knowledge regarding the accounting career and even started to watch numerous videos of a
chartered accountant to understand the concept and their working pattern within the organisation.
This course is highly effective for me as it helps me to overcome all the issues that I had
regarding the accounting process and account management within the market.
Conclusion
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The paper eventually concludes the fact that professional activity requires effective knowledge as
well as skills for performing within the organisation. The paper also concludes the fact that mock
interview and other processes for the development of business process and self-improvement are
highly useful for the accountant to perform their activity within the organisation.
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