Internship Experience: Interview With an Accounting Intern

Interview With an Accounting Intern

We sat down with Resty, to have a chat about life as an accounting intern through Premium Graduate Placements. For Resty, an internship placement gives her the chance to practice her skills in accounting and provides insight into the professional workplace culture in Australia.

Women doing accounting internship in Australia

 

Q.1: So Resty, tell us a bit about yourself: where you are from, where did you study, and why did you want to pursue a career in accounting?

Answer: I am a Financial Accounting graduate from Western Sydney University with taxation experience in Uganda. I have joined Premium Graduate Placements to gain local experience and to understand the systems of the Australian environment.

 

Q. 2: Before you started your internship, what were you most worried about being able to work in a professional environment in Australia?  

Answer: I was most worried about finding meaningful employment that matches my skills and experience in an Australian work environment.

 

Q.3: How did Premium Graduate Placements prepare you for your accounting internship before you were placed with a company?

Answer: I was offered a number of companies to make a choice of where I wanted to do my internship. This gave me an opportunity to do my own research about the different companies, which enabled me to make a final decision. The PGP team take the time to personalize your experience.

 

Q.4: What is the most rewarding thing about being an intern?

Answer: I was offered an opportunity to practice taxation, and introduced to bookkeeping systems in the Australian business environment that are not used while at university.

 

Q.5: What skills are necessary for an accounting intern?

Answer: Communication skills, both online and face-to-face, are necessary. Knowledge of programs like XERO, MYOB, email, as well as data entry are practical sills you can improve on during your accounting internship.

 

Q.6: What was the most important lesson you learned about having to adapt to working in a professional company in Australia?

Answer: I learnt that companies appreciate the value one brings on board.

 

Q.7: Do you feel better equipped to take on a professional accounting role in Australia?

Answer: Sure!

 

Q.8: What specific skills and qualities have you acquired that will enable you to secure long-term employment?

Answer: During my internship, I have developed my communication skills further in accordance with Australian workplace etiquette standards. In addition, gaining proficiency with XERO, MYOB, email, data entry, and data analysis with MS Excel is important for day-to-day work as an accountant. I also now have the knowledge of cashflow analysis, financial statement review, and balancing.

 

Q. 9: What advice would you give to someone who is thinking about starting an accounting internship through Premium Graduate Placements?

Answer: They should feel free to discuss the type of internship they require with the PGP team, as well as giving timely feedback on their internship progress in order to receive support and guidance.

 

Q.10: What is your overall impression of the accounting internship program with Premium Graduate Placements?

Answer: I feel confident to make job applications. I have not secured a job yet, but I am confident I will very soon.

 

For graduates entering the accounting industry like Resty, getting experience in a real-life professional environment while developing skills can increase their sense of self-confidence. Internships for international students are available through the internship program at Premium Graduate Placements.

 

Internship testimonials the most rewarding during internship

So what’s included in the program?

Under the guidance of trained career mentors and consultants, the four-stage program aims to assist you prepare professionally for a career that fulfills your strengths, as well as giving you the space to improve upon your weaknesses.

During Stage 1:

In stage one f the Premium Internship Program, your consultants will facilitate holistic career profiling that is compatible with your needs, interests, skills, and personality.

Stage 2:

Will puts the goals you set into the practice with mentoring. You will undergo resume and job interview coaching until you’re comfortable to move on to the next step.

In Stage 3:

Now you’ll be connected via your consultant with your Host Company. During this time, you will get to know the culture of your Host Company even better and they’ll make you feel welcome.

Stage 4:

Now is your 12-week internship. You will get to work within a company environment anywhere within Australia, and the timing is flexible for your needs, whether that be a summer internship after graduating or during the rest of the year.

 

On completion of your internship, you will receive a Statement of Attainment for BSBOPS201 – Work Effectively in Business Environments. Internship experience on a resume tells future employers that you are hard-working and see personal and professional development as a crucial part of your career trajectory.

On behalf of Premium Graduate Placements, we wish Resty the best of luck in her future endeavors. We are proud of our interns who are working hard to build upon their self-confidence and professional skills in the accounting industry. If you are interested in finding out more about accounting internships and are a recent university graduate, click here to read more about our program.

What Do Companies Look for in an Accounting Intern?

Do you love numbers, accuracy, and keeping everything in balance? Then you’re someone headed into a career in accounting. Starting out in the accounting industry and standing out from the crowd can be difficult if you have no demonstrated work experience, and are unsure of what companies are looking for in their ideal intern candidate. Accounting internships can assist you in developing the necessary skills you need to be successful. We’ve compiled a list of the top skills companies and employers look for when selecting an accounting intern or graduate:

1. Attention to detail

Are you someone who takes pride in doing your work to the best of your ability? Accounting is a detail-oriented profession where conscientiousness does not go unnoticed. In your role as an accounting intern, your daily tasks and projects will be structured in a very procedural manner. This requires double-checking your work and others’ work, as well as planning your day out in detail and prioritising accordingly. Accounting is a profession where being impulsive is not conducive to being an ideal candidate. Oftentimes, accountants calculate company money matters to the very decimal, so a lack of precision and consideration could be costly!

Working on accounting assignment

2. Timeliness and Reliability

The old saying that time is money rings true to the life of accountants and interns who value this principle. Much like being attentive to detail and having conscientious companies with accounting interns are required to be efficient with their time on tasks. In the accounting industry, deadlines, such as the End of Financial Year and Tax season are essential for every business. In a company setting, accountants need to work smarter, and internship candidates need to demonstrate their reliability through valuing others’ time. Following up and being engaged with the team is a positive attribute that companies look for in people commencing accounting internships.

3. Logical thinking and Problem-Solving Ability

Do you like thinking through abstract problems with careful consideration, or are you a boss at finishing puzzles and strategy games with great speed and precision? Find satisfaction in coming up with entrepreneurial-minded solutions to financial problems, big or small? Qualified accountants working in a company team or those working with private clients often need to plan out client financial matters months in advance, so developing putting those logical thinking skills needed for a fulfilling and impactful career into practice during an accounting internship will be attributes that companies look for.

4. Communication

The stereotype of accountants working alone may be true at times, but collaboration is a huge part of the profession. Companies look for accounting interns who are people-oriented and can develop client communication skills to hone in on big-picture and short-term thinking. Use your listening skills to help finding solutions that suit the needs of clients to reach their financial goals.

5. Numbers-Driven

In an accounting internship, you will need to complete daily tasks or projects that require a high level of mathematical competency. Got an interest in analysing statistics, solving money matters, or having a technical know-how with Excel spreadsheets and know what MYOB is? These attributes will give you an advantage during your accounting internship. Your efficacy will increase as your familiarity with the company environment does.

open vacancy accounting internship

6. Being Ethical

Having a sense of justice and fairness is crucial for those entering the accounting industry. Professional accountants deal with sensitive material, including personal information such as TFN’s and bank details, and have to have an understanding of financial, property, and tax law. Essentially, accountants must operate within the bounds of what is ethical for everyone involved. Companies do not want employees and people in graduate internships who wish to cut corners or rip clients off. If you genuinely want to help others and live by your values, then demonstrating the passion to serve and empower others will be advantageous.

7. Enthusiasm and Self-Efficacy

Perhaps the most important soft skill, it goes without saying that having a genuine passion and interest in developing your skills and knowledge in the accounting industry will get you far in your career. Companies appreciate accounting interns and – in future – employed accountants who can integrate into the company culture and embody its values in practice every day. Your work ethic says a lot about you, and demonstrating your ability to grow professionally during an accounting internship will give you more experience. Additionally, interns who have a sense of self-efficacy – the belief that you can complete a task to the best of your ability – present themselves as potential candidates for employment.

Accountants are crucial, skilled, and in-demand roles across all sectors and professional settings. The difference you can bring to an internship placement is within these positive attributes that companies seek in selecting their interns. Embodying these traits and having the values of an ethical, attentive, and capable worker will make your internship a productive experience that you can get the most out of.