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1 Industrial Placement Portfolio Assignment

2 Table of Contents Introduction ...................................................................................................................................... 3 PART A: Preparation for placement ................................................................................................ 4 PART B: Reflective diary of placement experience ........................................................................ 6 Part C: Appraisal ............................................................................................................................ 13 Conclusion ..................................................................................................................................... 15

3 Introduction The main purpose behind presenting this assessment is to acknowledge and produce a portfolio of work comprising a detailed written reflective report based on the placement for the company, and the work that has undertaken throughout the placement. The entire assignments briefly explain the agenda of how to secure the placement, the selection process, and the management of the placement. The assignment has been divided and subdivided into parts as stated below:  Part A: Preparation for Placement  Part B: Reflective Diary of PlacementExperience  Part C: Appraisal by your Supervisor/LineManager

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4 PART A: Preparation for placement The reasoning behind applying to this organization is to accelerate the career in an industry that has immense opportunity to broaden the outlook and gain some professional experience. With this, gaining experience alongside the work of an employee helps in being more employable. The motive further is to look out to the progress achieved in this term and to determine in which skills one needs to work the most to improve ( Lo, 2010) . A draft of the Training Plan of what is expected to achieve on industrial Placement is as stated below:  Problem-solving abilities, working as a team and collaborating with individuals, interpersonal communicating skills, leadership, and pliability ( Asatiani, et al., 2020) . • Adaptability, curiosity for knowing more about the organization, and having general awareness about every stream, active listening skills, and critical observation issues and matters related to the organization. • Managing peoples and clients efficiently, quantitative skills, specialization in marketing, and proper management strategy in the supply chain . • Skepticism, Critical thinking, Initiative, and Empathy ( Shakella, justice, and bruyns, 2015) Yempalla Prashanth Reddy 370 PROPERTY MASTERZ, Contact No: 07721146262

5 ILLFORD LINE,BARKING, Email: ypr131@gmail.com IG1 2LZ CAREER OBJECTIVE: To be a part of an organization with commitment and dedication where I can pursue a challenging career and contribute to the growth of the organization and build up a successful career. EDUCATIONAL QUALIFICATIONS: COURSE PASSING YEAR PERCENTAG E BOARD SCHOOL / COLLEGE B.COM 2016 65.0 OU S V DEGREE COLLEGE RAMANTHAPUR Intermediate 2013 88.3 Intermediate NEW SCIENCE Jr. COLLEGE, KODAD. Secondary Schooling 2011 88 S.S.C Z P H S HIGH SCHOOL  EXPERIENCE :  In P.V.SATYANARAYANA Sales Tax Practitioner as Tax and Accounts Assistant From July 4 th -2016 to August 4th -2018 COMPUTER SKILLS:  Ms-Office

6  Tally  Internet Concepts JOB PROFILE :  Tax and Accounting STRENGTHS:  Hard-working nature with dedication  Easily adjustable nature in a group  Good communication and analytical skills.  Flexible to work PERSONAL PROFILE: Name: Y PRASHANTH REDDY Date of Birth: 04 th June 1996 Gender: Male Marital Status: Single Nationality : Indian Languages Known: Telugu, English, and Hindi DECLARATION: I hereby declare that the information furnished above is true and correct to the best of my knowledge and belief. Date: Place: London (Y PRASHANTH REDDY) PART B: Reflective diary of placement experience Learning about the company and method/ processes

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7 I, Yempalla Prashanth Reddy worked as an assistant manager (in accounting) in the organization named Party Quiz ltd. I have been placed in this organization as Party Quiz Ltd. The main objective of my duty is to manage daily operations, to make planning for assigned accounting functions, to review the whole work, and to coordinate with all employees. I had made efforts to solve any problem that occurred in the company. I had applied an appropriate procedure to find out the root cause of the problem than I had solved it as soon as possible was also aware of the decision procedure taken by me should not create any obstacle to the growth of the company. I had not only found the cause of the problem also made review the decision-making process taken by me ( Baird, 2015). I also developed my interpersonal skills and communication skills while working in an organization. While preparing business reports I obtained help from the media by following complex oral or written ideas published in different mass media. I was also able to learn to make a strategy to select an appropriate leadership style which applies to the different situation to monitor and motivate the performance of the staff. I got the knowledge to find out the problems emerged incorporate field and took the necessary steps to solve them by following ethical values. I also gave more importance to the creative process for self as well as for others. I collected the necessary information to share the knowledge regarding the creative work of others. I also learned how to create awareness about the quality of the products among the staff. Every employee has to change his working style, strategy with the change of time ( Chan, Wong, and Luo, 2020) . So, I also learned how to change my policies, strategies with the change of time to compete with other companies, and to get organizational growth. Methods

8 The organization, where I have worked there were several methods and strategies that were adopted so that it can establish positive relations with its existing and potential customers. In context to this, I got to know that trust is one of the key methods that are used by the organization concerning its customers and suppliers. Trust is playing an important role to get the satisfaction of the customer. Trust is regarded as an intention that reflects confidence in something including uncertainty and vulnerability factors (Hidayat, et.al, 2016). In this, the customer should get proper information regarding the quality, brand of the product. I also used the following methods in developing the company and achieving the satisfaction of customers. Shopping convenience I also found that shopping convenience was also adopted by the Party Quiz Ltd to hold the long – term relations with its customers. It can be described as the customer’s perception of his feeling and choice to shop. I felt that it is very easy to shop through the website. The use of the website for shopping is very easy and it takes a short time for ordering a cake on the demand of customers. The procedures are also not rigid and the 1 st time Buyers can also buy any product without the help of others (Chungs, Shin, 2010). Informativeness This system was reliable; I got family in which the customer is informed about every activity with which he engages. It refers to consumer’s perception towards the payment, delivery, return of the products. It also provides information regarding the quality of the product. So, I would say it was also valuable for the company to gain long–term success in this highly competitive era. Communication While working, I also got familiar with the communication method that is used by the limited company for each stakeholder. It refers to the consumer evaluation regarding the complaints

9 against the product (Chung, and Shin, 2010). The website should possess a good FAQ system. I also identified that the company has many alternatives to get communicate with the company and its team for resolving the query or asking about any help for service offered. Security I also found that the security policy was also adopted by the company in which the ethical considerations were also followed in which the company is responsible for the loss of its employees. It refers to the security of the customer which should be protected by the website ( Davies, Dugdale, and Hayhow, 2020) . The transactions made by customers should be safe. The website will not misuse any personal information of customers. On the other hand, I also found that any kind of information about internal employees and customers is not shared with any third party from the external market. Describe the project with including issues/problems/solutions that were present either in its design, planning, or construction I was working as an Assistant Accounting Manager in the party quiz ltd selling bakery products all over the world. Before joining this organization, I had 2 years of experience in accounts due to which I was familiar with the things I went through during my working period. I was assigned to monitor the daily operation, check every single financial as well as the basic accounting activities going inside the organization, and report the regular follow up to the Accounting Manager ( Edden, 2020). With that, I had to manage the company’s website, add new products to the site, maintain the stock, and monitor the staff working under it. I had to prepare a Monthly Management Report and Variance Analysis. At first, I faced difficulties in knowing the internal environment of the organization and faced difficulties during my working period like the communication barrier between the staff and me.

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10 As limited number of staff was working due to the pandemic, I had to check out everything and monitor the daily operations of people, and being a new member of the organization not everyone was comfortable with me to work. I had to check every single financial activity and report it to my head and I even had to update the company site and maintain the stock, which at first made me restless to manage everything under a single head ( Habibi, et al., 2020). I had to maintain company policies as well as to represent a positive image of my University, which put a little stress while working. Despite the difficulties, I have completed my placement and learned many things that will help me to work in the future. All of the troubles I faced addressed by the organization and my University addressed few, during my placement. The training helped me to learn a lot more about the internal environment of the organization. My head helped me to address to the staff and make them comfortable to work under me. I got regular feedback on the report I submitted that helped me to rectify my mistakes. The company provided me an equal opportunity to learn things practically and developed my skills under The Equality Act 2010. (Baird,2015) Party Quiz ltd prioritized health and safety of mine as similar to the permanent employees and provided me small breaks and leave whenever I felt stressed out. The organization ensured all safety measures such as proper sanitization and maintaining of social distance while working due to the COVID-19 outbreak (Habibi et al, 2020) I had a very good experience while working with Party Quiz ltd. Evaluation of the work I am working in the company for 8 months and I have tried my best to prove myself as the best by doing all the physical output that will help the company to rise high. Before I never had an experience with a real business, so it was obvious that I was nervous when I started my placement in Party quiz Ltd. I was very punctual and have fulfilled all the work that I was given

11 daily from my senior manager. If I evaluate the works that I have done during this placement that would be as follows: - ● Working as an assistant accounting manager I managed all accounts, daily operations, and every day I reviewed the word plan for assigned accounting functions. I have also done additional works rather than my assigned work. Every day I checked the quality of the product after the workers finished their work so that no damage items should be imported (Hidayat, Saifullah, and Ishak, 2016). After working here I feel there is a lot to improve my proficiency. In the beginning, the supervisor at my workplace gave me some time to go through the process of how I should focus on major functions and tax returns. ● I got a chance to enhance my communication skills and also party quiz has helped me to learn a lot of knowledge and skills by communicating with other workers. Every month there are a lot of transactions that I had to manage as our company has so many branches and individuals. I gained more professional knowledge which will help me to work further as a better candidate in a company. At first, I was horrible speaking with my other team members but after 1 month it was like an awesome experience working with those brilliant people and I have made new friends here. ● One thing I must say that the problem-solving capacity in me has increased a lot as now I can see myself solving complex problems and can make decisions wisely. The decision-making techniques that I have learned from my supervisor and my other experienced teammate is quite recommendable and it will always help me throughout life. During the 3 rd month of my placement, my supervisor had assigned me to work in the payroll department for 2 weeks ( Shakella, justice, and bruyns, 2015) . I provide clients with online pay slips as per their demand and that was a great experience of my career. Last month was the best time for me to work in this

12 placement as I experienced how an accountancy firm works and what the services possible are, we can provide to our clients. I was assigned for a task by my supervisor to interpret the information and then carefully enter data and numbers into income statements. Descriptive reflection about the application of placement for future career plans Being in the profession of Tax and Accounting the post of Assistant Manager (in Accounting) and I both complement each other with the belief that I so far have justified the post and job with my workability and the knowledge I have gained from my previous jobs. By dealing with various accounting functions and numerous assigned areas and responsibilities to prepare monthly management reports, I have boosted up immense knowledge to make myself better at my professional career so for my future goals. By assisting my senior Mr. Kaushik Sheth I have strengthened my knowledge and ability in tax and accounting even more as a professional. As I have set my eyes on to become a CFO, these experiences have built a strong confidence in me that I would not fail to acquire my dream job one day. As an assistant manager, my primary job on a day-to-day basis is to support the finance department, accountant, and management team by completing routine clerical and accounting tasks ( Silver, et al., 2019) . Also, I look after the department of preparing budgets; maintain reports, and completing basic bookkeeping and accounting duties for the company. So, it visible I have been looking after for a significant portion of my job in the company and which evidently would help me out in achieving my goal. As a Tax and Accounts Assistant in my previous job, I have faced no problems but challenges that have helped me out to perform efficiently in my current placement. So, if we talk about one of those challenges that though work pressure was high and I had to finish some clerical tasks so that one important administrative job could have done, but due to some technical issues the final

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13 copy of the management report was mistyped which already was being submitted to the higher officials ( Tweedie, Yerrell, and Crozier, 2019) . But somehow, I convinced the officials with evidence that it solely was a technical problem (also the technical team agreed to the point I pointed out) and I rectified the same in no time despite the immense workloads. Again in the current placement, the work culture here has been the best thing I have come across yet, but this place has taught me a lot about the outlook, life, and placements in the industrial terms of view ( Wen, and Wang, 2020) . Though I fail again and again in achieving my dream, giving up should never be my thing. This institution has taught me not to be the best at your work but Perfect. Part C: Appraisal Employers’ Appraisal Form Candidate details Candidate Name Yempalla Prashanth Reddy Dates of placement (mm/yyyy) From : 20/01/2020 To : 18/09/2020 Skills Please tick as appropriate Excellent Very Good Good Satisfactory Unsatisfact ory Organizational skills  Interpersonal skills and communication 

14 Commercial awareness  Professional commitment  General Conduct Excellent Very Good Good Satisfactor y Unsatisfacto ry Punctuality  Professional conduct  Reliability  Attendance record 

15 Conclusion From the above-developed placement log, it can be concluded that industrial placement was a learning step for me to get excel in my career with rapid growth. I have worked as an Assistant Accounting Manager at Party Quiz ltd for 8 months without any failure; it was a value-adding placement for me. During my tenure, I have faced many difficulties at the beginning but with the organization support and with the guidance of my Senior I have overcome them and achieved my target. I have gained many new skills such as interpersonal skills, communication skills, creative skills, strategies to work effectively and essentially with that gained many practical experiences by working in a real business. I have enhanced my problem-solving capacities and improved my decision-making techniques. On the other hand, it can also be summarized that I have served all the purpose and completed my task with full dedication and punctuality. The Party Quiz ltd has provided me the best work culture and taught me a lot about the outlook, life, and placements in the industrial term of view. Therefore, I would suggest this organization to the interns as it provides a platform to learn, improve, and utilize the learned skills which would help them in their future.

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16 References Asatiani, A., Penttinen, E., Ruissalo, J. and Salovaara, A., (2020) Knowledge workers’ reactions to a planned introduction of robotic process automation—Empirical evidence from an accounting firm. In Information Systems Outsourcing pp. 413-452. Baird, B.N., (2015) ‘Internship , practicum, and field placement handbook: A guide for the helping professions”. Routledge. Available at-https://books.google.co.in/books? hl=en&lr=&id=ifgoCgAAQBAJ&oi=fnd&pg=PP1&dq=Financial+placement+policy+student+h andbook+&ots=iozTYwNRTQ&sig=1WTf_bM8dlOVSq1cN8YdOat- 2X8&redir_esc=y#v=onepage&q=Financial%20placement%20policy%20student %20handbook&f=false (Accessed: 30 September 2020) Chan, C.K., Wong, H.Y. and Luo, J., (2020) An exploratory study on assessing reflective writing from teachers’ perspectives. Higher Education Research & Development. Chung, K.-H., and Shin, J.I. (2010) The antecedents and consequents of relationship quality in internet shopping . Asia Pacific Journal of Marketing, 22(4): pp. 473-491 . Davies, S.J., Dugdale, D. and Hayhow, R., (2020) Split placement development under the professional capabilities’ framework in the United Kingdom . Practice , 32(2). Edden, R., (2020) Workplace practice in undergraduate accounting education: a small-scale exploration of year-long work experience at a post-1992 UK university (Doctoral dissertation, Nottingham Trent University). Habibi, R., Burci, G.L., de Campos, T.C., Chirwa, D., Cinà, M., Dagron, S., Eccleston-Turner, M., Forman, L., Gostin, L.O., Meier, B.M. and Negri, S. (2020) Do not violate the International Health Regulations during the COVID-19 outbreak. The Lancet , 395(10225), pp.664-666., Available at-https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)30373-1/

17 fulltext?fbclid=IwAR1JJOiPGzFmtFoaGO-T-OVU-t8r6ttyYocb5fYqAECGxGRTYzxNL- RKMpc(Accessed: 30 September 2020) Hidayat, A., Saifullah, M., and Ishak, A. (2016) Determinants of satisfaction, trust, and loyalty of Indonesian E-Commerce customer. International Journal of Economics and Management 10 : pp. 151-166 . Lo, Y.F., (2010) Implementing reflective portfolios for promoting autonomous learning among EFL college students in Taiwan. Language Teaching Research , 14(1), pp.77-95. Shakella, j.s., justice, b.o.c. And bruyns, d., (2015) A skills audit: case management officers (cmos) at windhoek correctional facility. UK: Routledge. Silver, J.M., Arkema, K.K., Griffin, R.M., Lashley, B., Lemay, M., Maldonado, S., Moultrie, S.H., Ruckelshaus, M., Schill, S., Thomas, A. and Wyatt, K., (2019) Advancing Coastal Risk Reduction Science and Implementation by Accounting for Climate, Ecosystems, and People. Frontiers in Marine Science , 6, p.556. Tweedie, K., Yerrell, J. and Crozier, K. (2019) ‘Collaborative coaching and British Journal of Midwifery’ , 27(5), pp.324-329. Available at-https://www.magonlinelibrary.com/doi/abs/10.12968/bjom.2019.27.5.324 (Accessed: 30 September 2020) Wen, W. and Wang, Q., (2020) Re-examining the realization of provincial carbon dioxide emission intensity reduction targets in China from a consumption-based accounting. Journal of Cleaner Production , 244, p.118488.

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