Sarah Liddell, 21, is a third year student studying the BA (Hons) Accounting and Finance degree at the University of South Wales. Sarah’s host company is Atradius in Cardiff.
Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit.
I chose Network75 over full time study/employment as it provided me with the chance to gain a degree whilst getting work experience in my desired career, all debt free, and with the real opportunity to get employment at the end of the course. It also allows me to apply the theoretical knowledge learnt to real situations which is invaluable to aiding my learning. Network75 has not only allowed me to gain experience within my chosen career but it has also enabled me to see the various areas within finance. This has helped me gain an insight into which areas of finance I prefer and would like to pursue a career in after graduation.
My role within the finance department of Atradius involves allocating payment receipts, invoice processing, weekly payment run preparation, checking and processing of expense claims, and completing month end reconciliations, including reconciling the AR/AP ledgers. My role also involves being responsible for month end fixed asset processing, intercompany transactions, revaluations, and completing journal entries for month end reporting purposes.
Whilst working for Atradius I have been involved in helping to develop finance processes for the new purchasing system which was recently implemented. It has been interesting to see the new system and how it affects the way accounts payable process the invoices as well as creating ideas for new procedures within finance. I have also been involved within the customer service project team which has been looking at ways to improve customer service. This has allowed me to gain knowledge of other departments and increased my confidence.
My work placement puts the theory learnt at University into practice in a real environment. This helps me to develop an enhanced understanding of the subjects as I can see how the theory is applied rather than just learning it. For instance, in University I learnt about financial reporting including prepayments, but this knowledge was strengthened by completing monthly prepayments for my company.