Day in the Life: Camilla Banks, senior manager, Deloitte

Day in the Life: Camilla Banks, senior manager, Deloitte

In our new day-in-the-life series, we find out what accountants in practice and industry get up to on a typical day

In the Accountancy Age Day in the Life careers series, we discover what accountants get up to during their working day.

Accountancy is a varied and diverse career choice, which offers numerous different roles. No two days are the same whichever route you choose.

In this series we get an insight into how accountants in both practice and industry typically spend their days.

Camilla Banks is a senior manager at Big Four firm Deloitte.

8:30am

I’m on a train heading out of Reading to one of my clients. This morning we’re getting the teams together (ours and our client’s) to do an Audit planning session. Last year’s audit went well but we’re always looking ahead – this year they’ve made an acquisition and they’re adopting a new revenue Accounting Standard. This will have a number of impacts and I’d like to ensure that we are looking at this in detail at the earliest opportunity.

11:00am

The meeting finished. Now there is an action plan that needs to be created and I’ve set the team a number of activities to work on. I am heading into the office for a 1-2-1 with someone I mentor, a high-performing individual. She’s got some fantastic ideas and wants to run one of these past me. This idea would potentially result in standardising and automating part of a process, saving time but more importantly could leave a positive impact on quality.

1:00pm

I grab a coffee, preparing myself for an afternoon dedicated to reviewing an interactive Audit committee paper that I’m helping to present in a couple of weeks. Quality is of the utmost importance. It’s what we pride ourselves on at Deloitte, so mine is the first review before I discuss again with the partner. The audit committee of this client are highly respected people you may have seen featured in the FT, so I’m excited to share the observations we have in our report with them. What I’ve reviewed so far is hitting the mark.

2pm

I take a quick break to wish happy birthday to one of our team members over a slice of cake. Next, I start a data check using our internal cognitive software, which reads contracts by highlighting items for our attention.

2:30pm

I turn my attention back to the Audit Committee paper to review but Spotlight, our audit analytics tool, has flagged something for attention that requires an urgent response from the full team. We need to arrange a meeting with India, Bucharest, and the US. I check time zones and schedule it for tomorrow before I’m back to reviewing.

4:00pm

How did it get so late! I prepare for my 4.30pm student recruitment call. I review who has accepted an offer with us and allocate them a Buddy as part of our mentoring scheme for graduate joiners. Everyone joins the call to provide a quick update on all the latest activities, share some positive feedback from our new assessment process, and share our thoughts on a communication strategy for new joiners. I sign off with a reminder that the Sunday Times 25 big companies to work for was announced last week and that our ranking was 13th, a rise of five places from last year.

There’s time for a jog along the river, shower, and after a quick bite to eat before I set off to a Women in Business event to network and catch up with like-minded individuals.

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

1y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

1y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

1y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

1y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource