Week (2)

For my second week, I was supposed to spend the entire week working with budgets, but that was not the case. I spend 2 days in revenue and the other 2 days in budgeting,. That’s because it’s the end of the year and all the budgeting is almost done, so there was not much to do in that matter. But Ms. Kawthar was super nice and toke me through the whole process again and showed me how she did the budgeting for 2013. Some of the things and terms she used were familiar to me, things I already learned in college, but there were some new financial terms like “master budget” and “budget amendment “ that weren’t so familiar.

Mainly in the 2 days I spent in revenue,  I did the same things I did last week , plus I learned how to do the banks settlement’s which is something I really enjoyed doing. I also learned how to do the sheet for combine cheques.  

One thing I didn’t like about my situation in Dubai land is that there is no space for us to work in, no computers and sometimes no calculators. In the first week, there was always someone absent from the actual employees so I used their desk and their PC. But now that everyone is back; it is hard to find a place work in. most of the work depends on the computers or the calculators, so we sometimes find ourselves with nothing to due to the equipment shortage.  

Also in this week, I noticed that everyone is starting to get used to the idea of me and my friend Noura working there. We were shy at first but once we got to know them they turned out to be really nice and extremely helpful. Mr.saad keeps on asking me when is my mentor coming and all the girls I work with keep on giving notes and information about the things I should put in my project. It is really nice environment to work in.

 

 

This is my plan for the worplacment period

My first week

This was the first week of my work placement, I work in the finance department of Dubai land Department . I was assigned to this place because the department I work in can offer me an experience that matches my major, which is financial services and banking .at first I was very scared and nervous about my new workplace, but once I arrived there, and got to know everyone things started looking up and all my worries wore gone!

For this week, my main task was to calculate the income of Dubai land for the previous day. My trainer , Ms. Maryam showed me that there is a daily report which  shows exactly how much each employee earned each day, my task is to make sure that all the cash, cheques  and credit card receipts shows the exact amount which is in the system (report), after that, take the cash and deposit it in the cashier. Then, I move to the cheques, I organize all the cheques according to their bank and but every 25 cheque in a excel sheet until I finish all the cheques (the EXCEL requires the following data)

1- Name of the bank

2- Cheque date

3- Cheque number

4- Cheque amount

Afterward, I insert each cheque amount in the (Oracle system) and ensure that the total amount matches the total of the excel sheets.

This was in summery all the things I did in my first week, am really looking forward to my next week so that I can learn more new things.

For now, everything is going very well, the people I work with are nice and the place is comfortable, and hopefully things won’t change until I finish the 5 more weeks I have left.