Finance Placement Student Review

by Cummins

Rating

4.5/5
  • Skills
    4.5
  • Responsibilities
    5.0
  • Support & Guidance
    5.0
  • Culture
    4.5
  • Your Impressions
    4.0

    Overview

  • 1. Please give an overview of your role and what this involves on a day-to-day basis.
  • Finance placement student. Work is centered around aiding the team in month end activities, for site both in the UK and Europe. This involves preparing month end journals for both transportation and warehousing, evaluating profit/loss statements and balance sheet reconciliations. Another element is the reporting of the financial results for sites across the UK which then get distributed to different team leaders/managers to be used for forecasting. Also do as-hoc accounting admin work including supplier set ups and quick-pay requests.


    Skills

  • 2. Have you learnt any new skills, or developed your existing skills?
  • Due to the nature of the role, my IT skills have increased since starting placement as you start using different software more regularly and learn how to best approach a new task. I have learned how to communicate effectively towards not only my own team but to different groups of people and adapt to the etiquette of writing based on who I'm communicating with.


  • How would you rate the training provided during your experience?
  • 5/5

  • How would you rate your development of industry-specific skills during the experience?
  • 4/5

  • How would you rate your development of personal / soft skills during the experience?
  • 5/5

  • Please rate how these skills have helped you in your career development
  • 4/5

    Responsibilities

  • 3. Were you given much responsibility during your placement / internship?
  • Yes, in the finance team you will be given a list of monthly tasks that are solely for yourself to complete every month. You are treated as a regular employee as opposed to just a placement student.


  • Please rate how meaningful the work you were doing was
  • 5/5

    Support & Guidance

  • 4. How much support and guidance did you receive during your placement / internship?
  • There was a 1 month handover period with the previous student who is there to guide you to learning what is required for the role and to go through the work so you get a good understanding. Managers are always there to answer any questions/queries you have at any point throughout the placement.


  • How would you rate the support and guidance from your line manager?
  • 5/5

  • How would you rate the support and guidance from the wider team?
  • 5/5

    Culture

  • 5. What was the company culture and general atmosphere like?
  • The company culture is great, everyone is friendly and adheres to the values of the company. Working at the logistics centre, it is always busy so it is on the most part a positive atmosphere.


  • How would you rate the inclusiveness of the culture?
  • 4/5

  • How would you rate the social opportunities?
  • 4/5

  • How would you rate the diversity initiatives?
  • 5/5

  • How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
  • 5/5

    Your Impressions

  • 6. To what extent did you enjoy your placement / internship?
  • The finance placement was a great introduction to what working in an industry is like and offered a fantastic experience to put the knowledge learned at university into practice. As the company is a large global organisation, there are so many different elements to the job that you can also get a good understanding of different sectors such as logistics, operations and how they link together.


  • Please rate your level of enjoyment on your placement / internship
  • 4/5

  • Please rate how your experience met your expectations
  • 4/5

  • Please rate the future employment prospects at Cummins
  • 4/5

  • 7. Would you recommend Cummins to a friend?
  • Yes


  • 8. What advice would you give to others applying to Cummins
  • Do research into the business and then focus on the site/sector you are looking to join. This will help you understand the logistics of what Cummins do day to day.


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Details

Placement (10 Months+)

Accounting, Financial Management

West Midlands

April 2024


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