Waqar is our CIA exam blogger from Pakistan. He is going for Part 3 as his first attempt of the CIA exam.
Hey Guys hope you all are doing great. In this post we are going to talk about my job and what I am expected to do daily on my job.
I started to work in this medium-sized company around 2 month ago, starting as a senior management accountant. I report directly to the owner, because we are still a growing company with 16 to 20 employees (some colleagues outside of the location I work).
We work for different companies. These companies are in both service and manufacturing sector. Therefore, it is a great experience when we deal with them. We provide services (I wish it was manufacturing) but I do interact with other accountants in their respective fields through meetings.
At the start of my job, I was told to oversee daily and monthly statements with cash management, including banks. I made payment schedule with receivable schedule. I was also assigned to watch over the collection of the accounts and set deadlines to remind the customers that their limits are overdue. It’s just like what we studied in the CMA exam.
After that, I was given the responsibility of overseeing the operations and delegating duties of different tickets (reference to work) with my old tasks.
I love this job as it trains me for the practical knowledge which is not given in the text books. It’s not like theory — theories can only help to some degree, but practical experience is on a whole new level.
I remember that, during a session with my mentor sir Asif, I was able to connect the concept with the practical experience. I had that session a couple of days ago and it was awesome. I thought experience really kicks the theory and boasts it to the level where it can help you move forward in your career.
Lastly I would love to share this beautiful quote:
I do not know the word QUIT either I never did or I have abolished it”
Note from Stephanie
It’s great to have a glimpse of your daily work Waqar! I started out as an investment banker and later switched to work for my client, because, as you said, it’s fun to see how people run real business.
Getting into the finance and accounting side of the company is one of the best way to try understand the operation of the company (and the industry in general).
It is also a reason why all accounting professionals, be it CPA, CMA or CIA, ask candidates to fulfill working experience before granting us the certifications. It is an important part of the learning process.
Thanks for the interesting post. Keep enjoying your work!
Here are some of my posts related to jobs, salary and trend:
Howdy guys, I am Waqar Akmal from Pakistan. I am currently enrolled in MBA program (Third Semester) and have completed the CMA exam. I am now working towards the CIA exam.
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