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CHAPTER TWO: MANAGEMENT OF THE PRACTICUM EXERCISE2.0 Introduction
This chapter details the scope of operations of the Finance Department by bringing out role of
theDepartment and specifically will focus on the role of the Finance department, details
theorganization of the internship exercise right from the induction exercise to the farewell
meetingafter the practicum and specifies the roles of both the site supervisor and the session
supervisor.
2.1 The Role of theFinance Department
The Finance department shall-
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Manage all Finance activities of the company except adjudication and award of contracts ;
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Support the functioning of the Finance committee
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Implement the decisions of the Finance committee
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Check and payment Vouchers of company clients
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Prepare Payment documents
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Prepare purchase vouchers and any other contract document
2.2 Reporting and Induction by the Organization.
I reported on 05
th
-June- 2019 to the reception where the Internee Manager Mr.OBBO addressedme and other
interns. His address was directed towards enlightening all the interns on the selectioncriteria
that was employed for selecting successful interns, the acceptable dressing code, code
ofconduct where at all times all members of the SCOUL are expected to be presentable even
whennot at work and at all times hold a high impeccable standard character-wise.I was also
enlightened about the possibility of being retained once I performed profoundly bestsince
Sugar Corporation Uganda limited company seeks to achieve the best out of me.The other
issue of focus was the procedure followed in the stores to manage and controltransactions
which is mainly done through the ERP10 software that enhances the coordination ofAccounts
activities in all the companies under SCUOL both in the headquarters and the outside bureau