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    Your Perfect Internship Match' ..: by Pardeep Kaur Student Id: 201811322

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    pardeep
    Pardeep Kaur is seeking an internship in accounting to gain experience in roles like accounts payable, accounts receivable, and financial reporting. She prefers a large company like PwC or KPMG that can offer professional opportunities and a stable structure. While open to different industries, she has hospitality experience and is interested in a role as a hospitality accountant, focusing on payroll and ensuring compliance with Australian legislation. Her goals are to gain experience in tasks like budget planning, financial reporting, and bookkeeping. She is available 20 hours per week between July to September.

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    Your Perfect Internship Match' ..: by Pardeep Kaur Student Id: 201811322

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    pardeep
    24 views6 pages
    Pardeep Kaur is seeking an internship in accounting to gain experience in roles like accounts payable, accounts receivable, and financial reporting. She prefers a large company like PwC or KPMG that can offer professional opportunities and a stable structure. While open to different industries, she has hospitality experience and is interested in a role as a hospitality accountant, focusing on payroll and ensuring compliance with Australian legislation. Her goals are to gain experience in tasks like budget planning, financial reporting, and bookkeeping. She is available 20 hours per week between July to September.

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    BIA ASIGNMENT 3

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    Pardeep Kaur is seeking an internship in accounting to gain experience in roles like accounts payable, accounts receivable, and financial reporting. She prefers a large company like PwC or KPMG that can offer professional opportunities and a stable structure. While open to different industries, she has hospitality experience and is interested in a role as a hospitality accountant, focusing on payroll and ensuring compliance with Australian legislation. Her goals are to gain experience in tasks like budget planning, financial reporting, and bookkeeping. She is available 20 hours per week between July to September.

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    Download as pdf or txt
    24 views6 pages

    Your Perfect Internship Match' ..: by Pardeep Kaur Student Id: 201811322

    Uploaded by

    pardeep
    Pardeep Kaur is seeking an internship in accounting to gain experience in roles like accounts payable, accounts receivable, and financial reporting. She prefers a large company like PwC or KPMG that can offer professional opportunities and a stable structure. While open to different industries, she has hospitality experience and is interested in a role as a hospitality accountant, focusing on payroll and ensuring compliance with Australian legislation. Her goals are to gain experience in tasks like budget planning, financial reporting, and bookkeeping. She is available 20 hours per week between July to September.

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    of 6

    Assessment 3

    Your ‘Perfect Internship Match’…..

    By Pardeep Kaur
    Student Id : 201811322
    For what internship I am looking for:
    I am Pardeep Kaur and I am currently studying in Macleay college. I am
    currently enrolled in Bachelor of Business specialised in Accounting. I am
    looking for an internship to benefit my career aspirations. In my internship, the
    roles that I am looking :
    • Payroll system,
    • Accounts Payable,
    • Accounts Receivable,
    • Inventory Management,
    • Bank Reconciliation,
    • Financial Reports,
    • BAS/GST calculation & Reports as well as
    • Bookkeeping.
    Type of Business:
    Internship are a great way to learn and develop practical skills that are often
    not possible at university or college. I want to join the big brands or companies
    in the Australia that offers Audit, Assurance, Taxation, Management
    consulting, corporation finance to clients. Because large companies can offer
    their employees ‘more’, because they have more resources. Moreover,
    working at a large company gives many professional opportunities. Although,
    the position of large companies tend to be stable, they have a proper
    structure. However, in Small company or brand, Advancement isn’t easy, there
    are fewer resources and benefits as well as less security, policy and procedure.
    For e.g. PWC company. PWC is the one of the biggest accounting firm in
    Australia. Moreover, PWC Australia has its office in the cities of greater
    Western Sydney, Brisbane, Melbourne, Adelaide, Canberra, Gold Coast, Perth
    and New Castle. Although, KPMG is another top firm in Australia which mainly
    puts its focus on the processes and integrity behind the formal audit report.
    This firm mainly emphasis on the quality of audit. That’s why I want to intern in
    a big company.
    Category of Business
    I am not sure in what industry I want to work but since living in Australia, I
    have been working in the hospitality industry in both a small independent
    restaurant and more recently in SUBWAY Sandwiches. That’s why I am showing
    my interest in a hospitality industry. The hospitality industry refers to a variety
    of business and services linked to leisure and customer satisfaction. There are
    different sectors in hospitality like Accounting, Marketing as well as Revenue
    Management. It requires businesses to make effective use of performance
    data and analytics to predict demand. Also it establishes a dynamic pricing
    model and maximise the amount of revenue that company brings in. The
    hospitality industry is much broader and had opportunities to gain.
    Role Within the Host business
    I want to apply for a role of hospitality accountant with the support of
    experience and experts management because it seems that staff are mostly
    casually employed and payed low rates as well as having no financial security. I
    have also been reading about the many examples of wage theft by large
    restaurant and hospitality groups . In the hospitality business, good accounting
    practice makes able to track cash flow and record transaction. It will give an
    accurate understanding of spent, received and pay. Proper accounting give
    access to useful information which can assist in planning and forecasting for
    the further needs. Providing service to the clients in the professional way and
    enhance returns. Without seeking professional help, anybody inviting trouble
    in their profession.
    Roles and Responsibilities:
    In the hospitality business management, there are different roles and
    responsibilities like salaries of the employees, reporting total sales, recording
    transaction, analysing the profits and so on. It feels like there is a significant
    opportunity for me to focus my skills and learnings in the area of payroll and
    Australian payroll legislation. As this is my internship so there are particular
    task in which I need to gain experience. That are
    • Budget planning
    • Payroll
    • Financial Reports,
    • BAS/GST calculation & Reports as well as
    • Bookkeeping.
    Payroll refers to the employees we pay, along with employee information.
    Payroll can refer to the process of actually calculating and distributing wages
    and taxes. It includes some responsibilities in Payroll system that are as follow:
    • To establish employer identification number,
    • Collecting relevant employee tax information,
    • Choose a payroll schedule( monthly, semi-monthly),
    • Determining each employee deduction (federal tax, local tax, medical
    tax),
    • Calculation of net pay and pay of employees,
    • Keep payroll records and adjusting mistakes,
    • Calculation of Earnings and deductions,
    • Payroll Audit,
    • Other considerations as well.

    Hours Per week:


    I am interested to work 20 hours per week, need to complete requirement
    internship hours. My availability is flexible with day and time and between July
    to September.

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