Preview

Your Most Significant Professional Achievement

Satisfactory Essays
Open Document
Open Document
395 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Your Most Significant Professional Achievement
During the past 10 months I have been designing and managing a new financial transformation project for one of our major global automotive client. The main aim of the project is to calculate and manage the accruals for sales allowance of $2 B per month. This project was started to replace client's existing business process which required more than two hundred linked excel spreadsheets and a manual effort of five full time analysts. The old process was extremely manual and had a lot of dependency on two particular analysts. Clients audit services had identified the old process as the riskiest area within the organization.

I quickly realized that I need a crash course in accounting to be able to better understand the business requirements and to be able effectively communicate with the business community. I initially reached out to one of my peers in our assurance practice. I also found out through my external network that another automotive client had implemented a similar project about 2 years back. I was able to arrange a meeting with their chief architect to learn from his experience.

After doing my homework, I scheduled various open and continual communications with the business community to resolve conflicting and contradictory requirements. Client's business team was extremely happy to learn that I was able to speak their accounting language and also to bring up various potential issues which they had not thought before. After gathering the initial requirements, I was able to assemble a strong team of technical and functional resources to implement the project. Throughout the project we kept all stakeholders completely engaged with regular communication and weekly reviews.

Currently we are implementing phase two of the project after successfully completing the initial phase of the project which has eliminated the biggest risk in the client's accounting process and led to extreme client satisfaction. This project initially started as my toughest

You May Also Find These Documents Helpful

  • Good Essays

    Each of the department’s data are collected from different sources, some data is stored on hard copies that need to be reentered into the other system so that it is digitally available, which other branches are currently using. As a result of all the time it takes to transfer all existing data currently on hard copy, a lot of manpower hours are being wasted during this process. With the use of multiple codes on the many business systems that are currently in place, data needs to be converted to the proper code before each system can recognize the data. The above mentioned two issues, data that is hard copied and multiple code issues, is translated to losing a portion of the company’s profit margin because of the excess man-hours that are spent on the two issues. A good example of both issues that the income and balance sheets are labor intensive and will be completed 15-20 days after the month has ended. Since there is a lot of manpower required to complete the income and balance sheets, there needed to be a solution to try and resolve the large amounts of man-hours wasted completing these…

    • 884 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Research share-based payment reporting and SPE reporting individually. Then, as a team, write a 700- to 1,000-word executive memo that includes a description of what you will look for to see if the client is consistent with the generally accepted accounting principles (GAAP). Pay particular attention to accounting treatment of share-based payment and accounting consolidation theory as it relates to special purpose entities. Keep the memo as brief as possible, while fully exploring the issues.…

    • 498 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Let's start with a review of the three requirements of Part A of the Course Project. Explain why it is important to analyze each financial transaction of a business and to report it in the Accounting Information System. Sugges...…

    • 576 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Roller chair - To make it easier to roll round, move round a desk. It also can be adjusted for my comfort.Unit 221 Use office equipment…

    • 1835 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    • Describe how you would apply the systems development life cycle to your proposed system. Include an explanation of how the participants in the accounting function at your organization will contribute to the development of the system requirements.…

    • 135 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    detail by detail and simple procedures your future clients will understand. This can bring about the…

    • 1396 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Systems analysis and design plays a role in how users need to create and track transactions within the system, customization of standard forms, which are specific to each accounting department, and setting up and updating records. “…A systems analysis will usually uncover important aspects of a proposed information system that are not typically considered in an investment analysis, such as usability of the end user interface” (Bajaj, Bradley, & Cravens, 2008, p. 100). Each use case presented is designed specifically to the department through this process of determining what organizational stakeholders require from the software program.…

    • 757 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    To obtain sufficient appropriate audit evidence that sleeping room revenues exist, are complete, and are…

    • 322 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    BIS261 Final Exam Paper

    • 1552 Words
    • 7 Pages

    ensure that the needs and wants of the client are represented correctly so that a solution can be developed and implemented by capturing and documenting the requirements needed to (design and) implement a solution…

    • 1552 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Assignment 4-Bus 517

    • 2043 Words
    • 9 Pages

    In a project, project managers do more than just putting out fires and keeping the project on track. They also innovate and adapt to ever-changing circumstances (Larson & Gray, 2012). With that said, project team members (or resources) are often assigned work outside of the project in question, and may even be involved in other projects in an organization. It is typical in the popular matrix project organization that project team members do not report directly to the project manager, but rather a functional manager. This makes it even more important that the project manager have the skills to get work accomplished through others.In the project life cycle, there will mostly be unexpected issues or concerns that can arise. When these issues or concerns surface, a Project manager must be geared up to deal with them. If project issues are ignored, they can potentially affect the upshot of the project and its completion. In the case of communication strategies in the description of this assignment (based on the textbook), the nature of the project team upon approaching the implementation is a staid, unforeseen, and a crucial one. The following predicaments have been observed, and strategies (as well as resolutions) will be conversed in this assignment:…

    • 2043 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    This project has been prepared to fulfill the criteria of Unit 10, managing systems and people in the accounting environment of Level 4 AAT.…

    • 4123 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    The service did extensive research about clients and potential clients to analyze their needs. After analyzing and evaluating the project was successful because management is satisfied with the new system which meets all the requirements and was within the budget.…

    • 1482 Words
    • 6 Pages
    Better Essays
  • Better Essays

    References: Till now I’ve been developing the software component using the Agile methodology. Agile methodology is adaptive approach. Our client was Credit Suisse and the project was “Know Your Customer”. It is to be used by the Relationship Manager of the bank. Initially we didn’t know the actual requirement and were given prototypes. Then after several iterations, after developing many prototypes and integrating all those we came to the actual solution.…

    • 947 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    jlgkksdg

    • 324 Words
    • 2 Pages

    fbghslgslgDiscuss the work you completed for your client this week. Your discussion should include the principles and strategies that apply to your business and those that can apply to each member’s business.…

    • 324 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Story of Us

    • 929 Words
    • 4 Pages

    Using the Gibb categories give three examples of defensive and or supportive behaviors that Ben and Katie used in the film.…

    • 929 Words
    • 4 Pages
    Good Essays