INTRODUCTION
On the Job Training or Practicum is a compulsory on most schools in the world. It is a way to apply and to utilize the knowledge learned from the past. It is believed that learning within the borders of the school could be excellent if applied in the real world of work. On the Job Training or Practicum is also a way to let students be ready on the real world of work, exposing them on the possibilities and letting them experience how it feels when working.
On the Job Training or Practicum is a form of training taking place in a normal working situation. On-the-job training, sometimes called direct instruction, is one of the earliest forms of training (observational learning is probably the earliest). OJT is still widely in use today. In fact, it is probably the most popular method of training because it requires only a person who knows how to do the task, and the tools the person uses to do the task. It is a one-on-one training located at the job site, where someone who knows how to do a task shows another how to perform it. It may not be the most effective or the most efficient method at times, but it is normally the easiest to arrange and manage. Because the training takes place on the job, it can be highly realistic. It is often inexpensive because no special equipment is needed other than what is normally used on the job.
Alternatively, On the Job Training is an advantage for the company; the trainees are the one who helped the employees to make significant works easy. It is also a give and take transaction; students are able to apply what they’ve learned on the task given and at the same time giving the employees time to work on other job in the office.
Most importantly, On the Job Training or Practicum is a big thing for the student. It is where they can really realize if they are really fit on their course, and if they really want that certain chosen field of career. It is also an outlet to build oneself. You can gain more self-confidence and self-esteem. More than the learning you can acquire the discipline and values you can get from the people you work with and the experiences that would teach you essential things. It is also a way to develop your social abilities in a way of gaining new friends and knowing new people in the work place. By such means as well you can learn to adjust with the different and diverse attitude of workmates. It would be easy for you to adjust in the future.
COMPANY BACKGROUND
Mindanao Energy Systems, Inc. [MINERGY] is an Independent Power Producer [IPP] established in 1992 to address the crippling power supply crisis in Mindanao. It was granted accreditation by the Philippine Government as a private sector generating facility with a capacity of 50MW. MINERGY is the first IPP in the region to sell directly to a private distribution utility.
The power plant, located at Barangay Tablon in Cagayan de Oro City, consists of three 6.3 Megawatt Bunker C-fired engine-generator sets built at a cost of 21 Million US Dollars. Its engines are the well-known and highly reliable Sulzer brand manufactured under license of New Sulzer Diesel Ltd. By Zgoda of Poland, while the alternators were supplied by the GEC Alsthom of France. As of now, another high standard engine generator which is the 27 MW Wartsila which was invested to further provide its market the best and satisfactory service.
Aside from the Diesel Business Unit in Tablon, Minergy is also the major stockholder of the Bubunawan Power Co., Inc. located at Baungon, Bukidnon which is a 7 MW hydroelectric power plant that started to operate in 1999.
Minergy is committed to the regional development and industrialization through the creation of new markets and the diversification of its operating facilities, which will include the use of indigenous energy resources.
As of today, Minergy is also in the process of operating a Solar Power plant in Indahag, Misamis Oriental. They also have the Minergy Coal Corporation in Balingasag, Misamis Oriental. Lastly is the Cabulig, Hydroelectric Power Plant in Plaridel Claveria, Misamis Oriental, however it was devastated last January 2014 because of the typhoon Agaton that causes the Landslide and falling of rocks that damages the equipment and machines in Claveria. As for today they are currently rehabilitating it to continue its operations in the future time.
Despite the challenges posed by the increasingly competitive industry, Minergy has maintained its competitive edge because of its high plant availability, quality of power and efficiency.
Minergy recognizes that the power industry will be considerably different in the next century, but with the resources and talents of a substantial family of energy companies behind it, Minergy has positioned itself for the more competitive power industry in the offing, and to respond to the opportunities’ that lie ahead.
DEPARTMENT/AREA OF ASSIGNMENT
I was assigned in the Finance and Admin Services Division (FASD) of Mindanao Energy Systems, Inc. it is headed by the Senior Vice President Ms. Rosa A. Escalante, CPA. Under her scope of labor is the Accounting Group, Admin Department and the purchasing department. They are assigned of all the transaction of the four sub-groups/ business unit of Minergy, first, the Minergy Holding at Tablon, Cagayan de Oro City. Second, the Bubunawan Power Co. in Baungon, Bukidnon. Third, the Minergy Coal Corporation in Balingasag, Misamis Oriental. Lastly, the Diesel Business Unit in Tablon, Cagayan de Oro City. With these business units, Minergy is their major stockholder. The FASD manages and controls all financial functions of Minergy, from the Check Voucher, Journal Vouchers, Financial Statements, Procurement and other activities under the control of Finance Department.
Aside from the aforementioned, controlling expenditures and obligations (including operating expenses, debt, payroll), receiving and depositing all revenues, managing the investment of all monies accounting for all assets and capital project expenditures, internal and external reporting, ensure that there are adequate funds available to acquire the resources needed to help the organization achieve its objectives, establish and control profitability levels and ensure costs are controlled and ensure adequate cash flow are part of their job.
The four business units also has its own accounting head, but the overall superintendent/senior accountant is Ms. Maria Theresa R. Macapayag, CPA, before all the papers went to Ma’am Rosa it will pass through her and will be signed by her then afterwards it will then be ma’am Rosa. The Minergy Holding is headed by Ms. Frances Marie P. Sildo and her Assistant is Ms. Sitti Eva Jamelia G. Mauna. The Bubunawan Power Co. id headed by Ms. Ethyl O. Linog and her Assistant is Ms. Jhonae T. Ociones. The Diesel Business Unit is headed by Ms. Rigel C. Manus and her assistant is Ms. Karla Jull S. Abecia. Lastly, the Minergy Coal Corporation is headed by Ms. Gretel M. Salley and her assistant is Ms. Cherry Love G. Pimentel.
I was assigned here to help and assist them in the office works such as filing, photocopying, posting, input records to the Minergy Integrated Accounting System and Other office related Works. I find it great to be here because I was able to utilize the skill and knowledge I had about office routines.
In line their mission of pursuing excellence they always makes sure and bears in mind the value of honesty and integrity in their job. They always keep their transactions confidential and they always pay their debt on time. They always want to assured the good reputation of the company, they never disappoint their supplier so that they will have a good relationship and they can have a god reputation.
“ON THE JOB TRAINING DAILY JOURNAL”
MINDANAO ENERGY SYSTEMS INCORPORATED (MINERGY)
APRIL 11, 2014
This day is our first day in MINERGY. We came in the office very early because we will have our orientation with our fellow trainees from MUST and Xavier University. This is also the time that we will meet the VP for Human Resource Ms. Dulce Corazon D. Esperon, because she will be the one to conduct the orientation. We’ve discuss about the rules and regulations in MINERGY, checking of requirements, and asking about what we know about MINERGY. I was nervous because Ma’am Dulce seems to be strict, but she’s friendly also in some way. After the orientation, we went up in the second floor, she introduce us to everyone and tour us around the admin building.
The first task I did was to file the check vouchers for the month of February, March, and April 2014 for reference purposes. It was tiring because there were lots of CV’s haven’t filed yet, and aside from that I have to arrange them according to the CV number. However, I was glad also that I was able to learn how to operate the photocopying machine, so if ever I will be ask to photocopy I wouldn’t have hard time in photocopying. All in all, it was a great day for then, even if it was tiring at least I already started and the employees are very approachable and friendly, they made us feel comfortable.
APRIL 14, 2014
This is our second day in MINERGY. I continued filing the remaining CV’s I wasn’t able to file last week. I was also tasked to do posting. I posted the accounts from the Journal Vouchers to the General ledger and to the subsidiary ledger according to the account titles and account numbers. I was glad that I was tasked to do this job because I was able to use my knowledge in accounting and I was able to relate on the work I was doing. However, it was a bit challenging when there are times I wasn’t able to balance it, but I find ways and reviewed it back and fortunately I find where is the problem and was able to balance it. After that work, I and my co trainee Elian was tasked to file the Check vouchers for 2013 for reference purposes.
APRIL 15, 2014
We started the day by continuing the work we haven’t done yet. We filed the remaining CV’s for 2013. Ma’am Ethyl Linog assigned me to photocopy files of Bobunawan Hydropower plant. It was also the first time for me to enter the purchasing Department, I was glad because I was able to know the employees there.
APRIL 16, 2014
Ma’am Jhonae T. Ociones assigned me to file the Journal Vouchers of January and February. I also segregated and filed the invoice of Pilipinas Shell Petroleum Incorporated, they were many because they are the supplier of the Diesel Business Unit of MINERGY, I was also amazed of the amount of diesel that the DBU consumes every week, its 1,000,000 liters per week. Since tomorrow is a holiday we went home early together with the employees, we went out at three pm. I was happy because we can take a rest and go home early. They usually do this during holy week so that those employees who are going home to their province can travel early.
APRIL 21, 2014
After the long weekend, I first did in the office was to post the accounts of Bobunawan Hydropower plant for February. This was also our first day to wear our business attire, it feels awkward because the employees in Minergy don’t wear formal attire, and they used to wear civilian attire only. It seems that we look more of a boss than them. However we get a lot of compliments from them saying that we look good on our business attire and we seem to be a real employee.
APRIL 22, 2014
This day was the most tiring day so far, because I was tasked to check the entire ledger to see where is the mistake is and why is it that the financial statement of February wasn’t balance. I consumed one whole day finding and computing the balances of every account. I check the Journal Vouchers and foot the balance again but I was not able to find it. Fortunately I was able to find an error but still there was a 0.50 remaining difference. I did all what I did before, but suddenly Ma’am Kerstine Canay asked me to photocopy a 5 set contract of the Cabulig Hydropower Plant contractor for the insurance claims of the Cabulig. It was very tiring because at first it was my mind who is tired trying to find where the error is, and now I’m physically tired because of the 5 set contract, and all in all I photocopied 491 papers and after that I arrange them according to the set and I filed them. After I have done the photocopying thing I went back to my first work which is finding the error, the 0.50 difference. Suddenly I first open the subsidiary ledger and the first account I computed was the Work in Progress account, I was very grateful that it was the one I’ve been looking for. The error was in that account. So I was very happy and ma’am ethyl was also happy because I solve her problem. So now, she can proceed to the Financial Statement of March.
I can consider this day as the most tiring but the happiest as well. I was sweaty and exhausted but still I’m happy to help our boss in their problem. It feels great!
APRIL 23, 2014
This day Ms. Geraldine Vallejos assigned us to arrange alphabetically the form 2307 and to find what the missing ones are. Ma’am Karla also assigned us to post the accounts to the subsidiary and general Ledger. This day was great because we know that on Friday is the MINERGY day, I’m so excited because there will be a mass, games and celebration.
APRIL 24, 2014
Ms. Karla assigned us to re-check the CV’s filed in 2014. Ms. Gretell Salley also assigned me to post the accounts of the Coal power plant to the Subsidiary ledger for the month of March 2014. I photocopied files of 2307 because ma’am Geraldine will send it to Manila. Ma’am Mia also assigned me to stamp the love offering envelope for tomorrow’s mass. And during our lunch break we practice singing because we will be the one to sing in the mass together with our fellow OJT’s. It feels weird that I am singing in the mass, because I’m not really a singer, but then it was a great opportunity to know closer those other OJT’s from other school and be friends with them.
APRIL 25, 2014
Today is MINERGY DAY!!
We didn’t have an office work and it was a time to enjoy and have fun. We came early as what Ma’am Lina told us. It started with a mass at 8:30am, after which there was an amazing race game but we weren’t able to join because they are already complete so we just watch and cheer for them. There was also a lunch party, so we really enjoyed a lot, plus we get to know other OJT’s also. We went home early together with the employees. We only spent half day in the office and then we go home.
APRIL 28, 2014
After ma’am Ethyl finish the March Financial Statement there was again a 3.00 difference. She then asks me to find the error. Fortunately it didn’t took me long to find the error. After that I photocopied again Basic Contract for the Cabulig Hydropower Plant for their insurance claims.
APRIL 29, 2014
Ma’am Jhonae ask me to balance the Subsidiary Ledger of March 2014. At first I wasn’t able to balance it but after looking all the record I find it in the account of accounts payable of March. After that she asks me to file some documents like CV’s and JV’s.
APRIL 30, 2014
I came in the office very disgusting because I was 17 minutes late. I was running out of breath walking towards the office because I was running. On the other hand, all the employees except Ma’am Sitti and Ma’am Geraldine in the accounting group went to Baungon, Bukidnon to visit Bobunawan hydropower Plant. They went back at 3pm. The time that they were away Ma’am Geraldine tasked me to print delivery address in the envelopes; it was my first time to do it so I was happy for this is another additional knowledge for me. We also went to the operations building of the Electrical Engineers and Mechanical Engineers to give their Income Tax Return. It was my first time to go to the operations building, so I was glad to see the place and what they are doing. It was noisy there because of the big machines and equipment. When they went back they bring foods for us, so we enjoyed it a lot because these foods were from the catering so it was really good.
MAY 2, 2014
As what we usually do, we filed the CV’s for April and May. I also printed the envelopes of the Admin Employees for their Income Tax Return. Ms. Mia Sildo also taught us how to do the Bank Reconciliation. I was glad that we can relate of what she’s teaching us because it’s part of the accounting lessons. It’s another additional knowledge for me.
MAY 5, 2014
I filed the remaining Check Vouchers of May 2014. I also filed the Journal Vouchers and photocopied the files of Cabulig.
MAY 6, 2014
I photocopied a 6 set of Basic Contract for the CAbulig. This is really tiring and energy consuming because they were very many and I need to arrange them after. After this, I posted the Check Vouchers of BPC for the month of April. However, Ms. Kerstine gives us snacks so at least was not that terribly hungry?
MAY 7, 2014
I AGAIN PHOCOPY FILES FOR Cabulig and continue posting in the cashbook of BPC and foot them. While we were doing the filing thing Ma’am Cielo came to do a favor of photocopying, suddenly she shared her experiences in working in COC, and what to do after graduation and lot of things about working. I was glad that she shared her experiences with us because at least I got some good points and tips from her.
MAY 8, 2014
Ma’am Ethyl tasked me and Jelian to balance the Accounts Payable of the Suppliers. Ms. Kerstine ask help in filing the papers for insurance to be sent in Manila, and photocopy papers haven’t photocopied yet that are part of the requirements.
MAY 9, 2014
I DID THE CLOSING ENTRIES FOR THE Bobunawan Power Plant. I Photocopied Contracts for the Cabulig Insurance and filed the Check Vouchers for May and April that wasn’t filed yet.
MAY 12, 2014
I continue doing the closing entries given to me by Ms. Jhonae. I photocopied the SGV audited FS of 2013. I also edit notes of the FS. We also went down in the stock room to look for the PO folder and the folder for CV of February.
MAY 13, 2014
I went down in the stockroom to look for the SSS files from 1992-present. I pulled out the SSS files and I photocopy the SSS quarterly reports on contribution of the employees. I also listed the Vat from Different Suppliers of Minergy.
MAY 14, 2014
I file the CV’s of 2013 and continue listing the Vat of different Suppliers. Arrange the SSS files and return them to the Stockroom. We arrange the files in the stockroom according to time so that they can be easily found.
MAY 15, 2014
I photocopied the files for insurance and help ma’am Kerstin in arranging those files, while we were arranging Ma’am CAlo and Sir CAdz went to Minergy to follow up us. I was so shock because I wasn’t expecting them, we talk and they follow up us and how are we doing in the office. But then, I was glad that they came and they can see that we were in good hands in MINERGY.
MAY 19, 2014
I filed some CV’s of 2014. I photocopy different files and posted the accounts of BPC to the Ledgers. I foot the balances and I had to look if they were balance or not. At first they were not balance so I check all the journal voucher, then I found out where the error is. So I solve the problem in the unbalance accounts.
MAY 20, 2014
We help the people in the Renewable Department because they are in hurry sending the files for insurance for the Cabulig Hydro Power Plant in Manila. We help in making sure that it’s complete and all the necessary requirements are there. I photocopied the audited FS made by the SGV for the year 012 and 2013. I also help Jelian cut out the sticker for the asset inventory purpose.
MAY 21, 2014
This day was the beginning of our task which is to photocopy the expenses and cash flows of Cabulig Hydropower plant. These are important files because they will be sent to Manila, to the main office the Mindanao Energy Systems, Inc. we photocopied the check vouchers of Cabulig Cagayan and Manila for the year ended 2011 and 2012. The whole day what we did was to photocopy the Check Vouchers from 2010-2012 of the Bubunawan Power Plant. They will be using it and they will pass it to Manila. So we need to hurry because these are important files. It was very tiring because that all what we did the whole day. In fact were not yet done, we are still in the 2010. We will be doing it again tomorrow.
May 22, 2014
We did the same task as before. Our day begins by photocopying the important files of Cabulig. I answered phone calls and do other task given by the employees.
May 23, 2014
As usual, the photocopying thing never ends because it was too many. I think it would take us more than a week to photocopy those files because I need to segregate the chosen files and find other files on the other folder.
May 26, 2014
I was glad that this day aside from the usual routine of photocopying I did something new. Ms. Sitti tasked me to input the records for the Manila Check Vouchers to the MINERGY Integrated Accounting System, the system that MINERGY uses in their transaction within the company and to connect with the main office in Manila. Afterwards I filed the files of the Diesel Business Unit particularly the files of their supplier which is Pilipinas Shell Petroleum Inc. we also went to stockroom to get the additional check vouchers to be photocopied. In all, this is very tiring and exhausting day, yet I enjoyed because we got to talk with our other boss whom we haven’t talked so much before.
May 27, 2014
I continue the photocopying of CVs, JVs and other important files for Cabulig. I also filed the CVs of May, April and March that weren’t filed yet. I also input records in the MINERGY Integrated Accounting System for the Check Vouchers Manila.
May 28, 2014
I continued the filing of CVs which I haven’t finished the day before. I do the daily routines in the office. The most tiring thing I did was pulling out the selected files to be photocopied. It will take a lot of time and effort at the same time.
May 29, 2014
I photocopied the JVs of 2012, Manila CVs 2012, PO 2012 and other files. We also went to stockroom to get the other folders needed to be photocopied. The employees of MINERGY had a discussion regarding the upcoming MINERGY Family Day, and everyone’s excited, so we are too.
June 2, 2014
I photocopied the check vouchers of Cabulig and filed the files of Minergy Holdings. I also input the records to Minergy Integrated Accounting Systems for the CV manila classification.
June 3, 2014
This day was very tiring because we had to photocopy a lot, but then I’m very happy because we are about to finish 2012. I was also happy because it’s our first time to have an overtime to cover up our time so we could finish early.
June 4, 2014
Im happy that we can go on to another work because we stop photocopying , but then we arranged the files per month of the CV, JV, PO, manila CV and CV CDO.
June 6, 2014
I filed the Check Vouchers of the minergy holdings. We arranged all the photocopied files of the Cabulig and the 2307 forms. We also had a despidida party for Ms. Dara, we will miss her.
June 9, 2014
We still look for the purchase order folder. I also filed the remaining Check Vouchers for May, April and March 2014. I also filed the 2307 form of 2013 and 2014. I arranged them alphabetically. I also input records for the CV to the MIAS. We also had overtime to finish early our OJT. It was tiring but what makes me happy is the overtime, because we really need it to finish early our practicum.
June 10, 2014
We went down to the stockroom to look for the Cepalco Power bill from 2002-2012 and the fuel and oil consumption folder since 2002-2012, because Ma’am Karla will use it for the Diesel Business Unit. I also labeled the Check Vouchers for the month of April 2014. I also photocopied the Check Vouchers for the Minergy Coal Corporation and also the Official Receipts and Acknowledgement Receipts. Ms. Mia taught us about the Account Analysis; afterwards she let us do it because it will be used by the Minergy holdings. It was the accounts of December 2013. I also filed the journal vouchers of May and I had to make sure it’s complete.
June 11, 2014
I was assigned to input the Minergy Check Vouchers to be filed to Manila files. Ms. Sitti also told me to encode the records that aren’t in the Book of the Company and also the outstanding checks. We are happy because tomorrow is a holiday, so we can take a rest also.
June 13, 2014
I and Jelian were assigned to arrange the remaining files of the Cabulig. I also photocopied the CV that Maam Cielo told me to do so. I was glad that during that day we weren’t that busy and tired, it was just enough and they were not that busy.
June 16, 2014
This is my last day of OJT. I am sad that I was left alone because Jelian was already able to finish her duty, I was also happy because I can finish mine today. Anyway, I was asked by Ma’am Jem to look for the 10 centavo deficit in the Financial Statement of the month May. I was glad to be able to find it before I leave. It feels like they were really happy that we spend a little time with them.
SUMMARY OF JOB ACCOMPLISHMENTS
On the Job Training or Practicum is an integral part of every college student. It is when we can be able to apply our knowledge and skills to different works and task assigned to us. It is the preparation to the real world of work.
In the company that we had our OJT, we learned a lot. It may not be merely about marketing which is our major, but it’s really about office works. I really observed that in the real world of work you should be flexible and knowledgeable in all ways.
I experience filing, photocopying and answering phone calls. I think these things are the basic and primary things you should know because these things are most likely the daily routines in the office and these are very essential. I was very glad because personally I get some sort of values in the midst of our OJT. I value the essence of organizing things for easy and convenient purposes. These things may sound very easy and simple to do but I consider it valuable because of the trust that the company gave us through holding those important files and entrusting them to us. I was able to be time management wise person because of the works in the office. I also answer phone calls, this may sound funny but I did experienced talking to some executives over the phone, and imagine how someone’s reactions are while talking to the head of the company. But gladly, I did it successfully and it was overwhelming at the same time. I was able to use my knowledge while I’m still in college assigned as a student assistant; it feels light to do office works because I already had a background about it.
Most of the times I file check vouchers; these are files of the outflows transactions of Minergy. I should file them according to the CV number. These CVs are used for their reference purposes for the Bubunawan Power Co., Inc. (BPC), Cabulig hydroelectric Power Plant (CHEPP) , Minergy Holdings and the Diesel Business Unit (DBU). I really always take extra precautions while filing because I might get errors, then it would be a big problem and a waste of time for the employees as well.
Aside from the Check Vouchers (CVs), I filed CVs for DBU itself. These are files of the CVs of the Pilipinas Shell Petroleum Inc. which is the main supplier of Diesel for the DBU which is used by the Sulzer 18.9 MW and the Wartsila 27 MW. I also filed the Purchase order for Minergy, BPC, Cabulig, and Minergy Coal Corporation (MCC). Other files are the insurance papers of the Cabulig for the rehabilitation of the Power Plant because it was devastated during the typhoon Agaton last January 2014. Lastly, are the Journal Vouchers that are filed every year for reference and copy purposes that should be used if there are classifications they want to see?
Aside from filing I photocopy files from different areas. It is tiring honestly because I had to attend a lot of papers especially for the Cabulig which is very important for claiming of their insurance for the rehabilitation of the plant in Claveria, Misamis Oriental.
Aside from the files for insurance, the Cabulig need also to send their summary of disbursements and expenses for the past 3 years to Manila, for that we have to photocopy the CV manila, CV CDO, CV minergy, JV, and PO. Another files are the Absolute deed of sale for the Minergy Coal Corporation, this is used for the preparation of the upcoming operation of the MCC in Balingasag, Misamis Oriental. I also photocopies the 2307 forms that ma’am Geraldine gave me which will be used for her files. These are the forms from the different suppliers of Minergy and the different stakeholders as well.
Another job I did was to post the accounts from the journal Vouchers to the books of different power plants. I posted the accounts of BPC to the ledgers and I also foot them and make sure its balance in the end. I also did the same for the DBU. I was very happy because it is accounting related and I can relate in to it. In posting I really take extra care and effort not to make mistakes because it would be an eyesore. That is why it needs patience and extra care.
I also did Bank Reconciliation, I make sure that he book of the company is the same as the book of the bank. If there are any discrepancies I should just highlight them and report them to our ma’am because she will be the one to correct it. I also tried to input records in the Minergy Integrated Accounting System, it is the Accounting System of Minergy in which all the records are there and they transact through the system. They created that system not just to meet with the demand of the technology generation, but to make their work convenient, easy and well organize. I tried to input record in making the Check Vouchers for Minergy Manila, not just that I also tried for the Official Receipts and Acknowledgement Reports.
Above anything else all the works and task given to me are all meaningful part of my experience as a trainee in the company. They may be simple and easy but they are essential in molding me to be a better person in my future workplace.
COMMENTS AND RECOMMENDATIONS
MINERGY wasn’t really my first choice of company to work my practicum with. A lot of circumstances came and I guess God’s will really make me realize that I shouldn’t just be contented on where I was before, that is why I transferred and look for another company to work with. Then I found MINERGY. I guess we were really meant to be, I was in hurry to find a company in order to cover up the wasted time I had, and at the same time MINERGY wants an OJT for their company because they are very busy and they are all bombarded with different works, especially that it was the time when the time when the filling of Income Tax Return is approaching, thus they are really very busy to the extent that they forget that its lunch break already.
From the first day that I step in MINERGY, I knew that I could really learn a lot from this company and the fact it’s really a big company, I feel that I should be careful on my actions, I witnessed how passionate the employers there, and how focus they are on their work. They want to make sure that all the office works are done well and proper. That makes MINERGY one of the best companies in Cagayan de Oro.
Being in MINERGY was really one of a kind experience. I get to know our boss and all the employees, and be friends with them like we are really part of their company. They are very accommodating and approachable; they would always to make us feel comfortable and easy. When there are gatherings and celebration, they would always invite us. Another thing is, the rank A file employees like Ma’am Sitti , ma’am Den2x, and ma’am Karla doesn’t want us to call them “MA’AM” but they want us to call them “ ATE”, but we just smile and we refused because we weren’t used to call them “ATE”, and by calling “MA’AM”. I believe it exemplifies professionalism. Aside from being friendly , what I love the most was when they give us advice about working and how to apply, like ma’am Cielo, she used to share us her experiences and even her disappointments in her work, she share how to handle stress and how to deal when being scolded by your boss. I really learn a lot from her, it’s a lesson never thought in principles and theories, but by experience.
I can consider all the experiences I learned are really very meaningful, from filing, photocopying, answering calls, accounting related to works and other office work. But more than anything else I really realized that the best thing I acquire from this OJT experience is discipline. Waking up at 05:00 am just to be early in our 07:00 am office hours was hard for me at first, because, I wasn’t used to it. But time passes by; I developed my punctuality and self-discipline so that I won’t disappoint our bosses in MINERGY. I was able to be time bounded; more organized in my works, and was able to adjust with the new environment and with the different people in the office
I could really only give good views about MINERGY, they open their arms by accepting OJT and give opportunity to students to developed and enhance their skills through hands-on experiences on real working environment.
As a whole I’m thankful to Minergy for all the accommodation and the time they gave us, they made our On the Job Training a good source of experience. I may not be able to merely apply the marketing and communication skills I learned from the past, but I learned more than what I expected to learn, it’s not the task that defines what I’ve learned, but the essential things behind the day to day activity in the company. I learned to be flexible, patient and I became hardworking because of the task and work given to me. Some may be easy and some may be not but one thing is for sure, I listen and I learn. I may have encountered mistakes in some ways but those mistakes taught me and inspired me to be more focus and attentive. Now I really value the learning beyond the four corners of the classroom. Learning from different people and working with diverse personalities.
On the Job Training or Practicum is a compulsory on most schools in the world. It is a way to apply and to utilize the knowledge learned from the past. It is believed that learning within the borders of the school could be excellent if applied in the real world of work. On the Job Training or Practicum is also a way to let students be ready on the real world of work, exposing them on the possibilities and letting them experience how it feels when working.
On the Job Training or Practicum is a form of training taking place in a normal working situation. On-the-job training, sometimes called direct instruction, is one of the earliest forms of training (observational learning is probably the earliest). OJT is still widely in use today. In fact, it is probably the most popular method of training because it requires only a person who knows how to do the task, and the tools the person uses to do the task. It is a one-on-one training located at the job site, where someone who knows how to do a task shows another how to perform it. It may not be the most effective or the most efficient method at times, but it is normally the easiest to arrange and manage. Because the training takes place on the job, it can be highly realistic. It is often inexpensive because no special equipment is needed other than what is normally used on the job.
Alternatively, On the Job Training is an advantage for the company; the trainees are the one who helped the employees to make significant works easy. It is also a give and take transaction; students are able to apply what they’ve learned on the task given and at the same time giving the employees time to work on other job in the office.
Most importantly, On the Job Training or Practicum is a big thing for the student. It is where they can really realize if they are really fit on their course, and if they really want that certain chosen field of career. It is also an outlet to build oneself. You can gain more self-confidence and self-esteem. More than the learning you can acquire the discipline and values you can get from the people you work with and the experiences that would teach you essential things. It is also a way to develop your social abilities in a way of gaining new friends and knowing new people in the work place. By such means as well you can learn to adjust with the different and diverse attitude of workmates. It would be easy for you to adjust in the future.
COMPANY BACKGROUND
Mindanao Energy Systems, Inc. [MINERGY] is an Independent Power Producer [IPP] established in 1992 to address the crippling power supply crisis in Mindanao. It was granted accreditation by the Philippine Government as a private sector generating facility with a capacity of 50MW. MINERGY is the first IPP in the region to sell directly to a private distribution utility.
The power plant, located at Barangay Tablon in Cagayan de Oro City, consists of three 6.3 Megawatt Bunker C-fired engine-generator sets built at a cost of 21 Million US Dollars. Its engines are the well-known and highly reliable Sulzer brand manufactured under license of New Sulzer Diesel Ltd. By Zgoda of Poland, while the alternators were supplied by the GEC Alsthom of France. As of now, another high standard engine generator which is the 27 MW Wartsila which was invested to further provide its market the best and satisfactory service.
Aside from the Diesel Business Unit in Tablon, Minergy is also the major stockholder of the Bubunawan Power Co., Inc. located at Baungon, Bukidnon which is a 7 MW hydroelectric power plant that started to operate in 1999.
Minergy is committed to the regional development and industrialization through the creation of new markets and the diversification of its operating facilities, which will include the use of indigenous energy resources.
As of today, Minergy is also in the process of operating a Solar Power plant in Indahag, Misamis Oriental. They also have the Minergy Coal Corporation in Balingasag, Misamis Oriental. Lastly is the Cabulig, Hydroelectric Power Plant in Plaridel Claveria, Misamis Oriental, however it was devastated last January 2014 because of the typhoon Agaton that causes the Landslide and falling of rocks that damages the equipment and machines in Claveria. As for today they are currently rehabilitating it to continue its operations in the future time.
Despite the challenges posed by the increasingly competitive industry, Minergy has maintained its competitive edge because of its high plant availability, quality of power and efficiency.
Minergy recognizes that the power industry will be considerably different in the next century, but with the resources and talents of a substantial family of energy companies behind it, Minergy has positioned itself for the more competitive power industry in the offing, and to respond to the opportunities’ that lie ahead.
DEPARTMENT/AREA OF ASSIGNMENT
I was assigned in the Finance and Admin Services Division (FASD) of Mindanao Energy Systems, Inc. it is headed by the Senior Vice President Ms. Rosa A. Escalante, CPA. Under her scope of labor is the Accounting Group, Admin Department and the purchasing department. They are assigned of all the transaction of the four sub-groups/ business unit of Minergy, first, the Minergy Holding at Tablon, Cagayan de Oro City. Second, the Bubunawan Power Co. in Baungon, Bukidnon. Third, the Minergy Coal Corporation in Balingasag, Misamis Oriental. Lastly, the Diesel Business Unit in Tablon, Cagayan de Oro City. With these business units, Minergy is their major stockholder. The FASD manages and controls all financial functions of Minergy, from the Check Voucher, Journal Vouchers, Financial Statements, Procurement and other activities under the control of Finance Department.
Aside from the aforementioned, controlling expenditures and obligations (including operating expenses, debt, payroll), receiving and depositing all revenues, managing the investment of all monies accounting for all assets and capital project expenditures, internal and external reporting, ensure that there are adequate funds available to acquire the resources needed to help the organization achieve its objectives, establish and control profitability levels and ensure costs are controlled and ensure adequate cash flow are part of their job.
The four business units also has its own accounting head, but the overall superintendent/senior accountant is Ms. Maria Theresa R. Macapayag, CPA, before all the papers went to Ma’am Rosa it will pass through her and will be signed by her then afterwards it will then be ma’am Rosa. The Minergy Holding is headed by Ms. Frances Marie P. Sildo and her Assistant is Ms. Sitti Eva Jamelia G. Mauna. The Bubunawan Power Co. id headed by Ms. Ethyl O. Linog and her Assistant is Ms. Jhonae T. Ociones. The Diesel Business Unit is headed by Ms. Rigel C. Manus and her assistant is Ms. Karla Jull S. Abecia. Lastly, the Minergy Coal Corporation is headed by Ms. Gretel M. Salley and her assistant is Ms. Cherry Love G. Pimentel.
I was assigned here to help and assist them in the office works such as filing, photocopying, posting, input records to the Minergy Integrated Accounting System and Other office related Works. I find it great to be here because I was able to utilize the skill and knowledge I had about office routines.
In line their mission of pursuing excellence they always makes sure and bears in mind the value of honesty and integrity in their job. They always keep their transactions confidential and they always pay their debt on time. They always want to assured the good reputation of the company, they never disappoint their supplier so that they will have a good relationship and they can have a god reputation.
“ON THE JOB TRAINING DAILY JOURNAL”
MINDANAO ENERGY SYSTEMS INCORPORATED (MINERGY)
APRIL 11, 2014
This day is our first day in MINERGY. We came in the office very early because we will have our orientation with our fellow trainees from MUST and Xavier University. This is also the time that we will meet the VP for Human Resource Ms. Dulce Corazon D. Esperon, because she will be the one to conduct the orientation. We’ve discuss about the rules and regulations in MINERGY, checking of requirements, and asking about what we know about MINERGY. I was nervous because Ma’am Dulce seems to be strict, but she’s friendly also in some way. After the orientation, we went up in the second floor, she introduce us to everyone and tour us around the admin building.
The first task I did was to file the check vouchers for the month of February, March, and April 2014 for reference purposes. It was tiring because there were lots of CV’s haven’t filed yet, and aside from that I have to arrange them according to the CV number. However, I was glad also that I was able to learn how to operate the photocopying machine, so if ever I will be ask to photocopy I wouldn’t have hard time in photocopying. All in all, it was a great day for then, even if it was tiring at least I already started and the employees are very approachable and friendly, they made us feel comfortable.
APRIL 14, 2014
This is our second day in MINERGY. I continued filing the remaining CV’s I wasn’t able to file last week. I was also tasked to do posting. I posted the accounts from the Journal Vouchers to the General ledger and to the subsidiary ledger according to the account titles and account numbers. I was glad that I was tasked to do this job because I was able to use my knowledge in accounting and I was able to relate on the work I was doing. However, it was a bit challenging when there are times I wasn’t able to balance it, but I find ways and reviewed it back and fortunately I find where is the problem and was able to balance it. After that work, I and my co trainee Elian was tasked to file the Check vouchers for 2013 for reference purposes.
APRIL 15, 2014
We started the day by continuing the work we haven’t done yet. We filed the remaining CV’s for 2013. Ma’am Ethyl Linog assigned me to photocopy files of Bobunawan Hydropower plant. It was also the first time for me to enter the purchasing Department, I was glad because I was able to know the employees there.
APRIL 16, 2014
Ma’am Jhonae T. Ociones assigned me to file the Journal Vouchers of January and February. I also segregated and filed the invoice of Pilipinas Shell Petroleum Incorporated, they were many because they are the supplier of the Diesel Business Unit of MINERGY, I was also amazed of the amount of diesel that the DBU consumes every week, its 1,000,000 liters per week. Since tomorrow is a holiday we went home early together with the employees, we went out at three pm. I was happy because we can take a rest and go home early. They usually do this during holy week so that those employees who are going home to their province can travel early.
APRIL 21, 2014
After the long weekend, I first did in the office was to post the accounts of Bobunawan Hydropower plant for February. This was also our first day to wear our business attire, it feels awkward because the employees in Minergy don’t wear formal attire, and they used to wear civilian attire only. It seems that we look more of a boss than them. However we get a lot of compliments from them saying that we look good on our business attire and we seem to be a real employee.
APRIL 22, 2014
This day was the most tiring day so far, because I was tasked to check the entire ledger to see where is the mistake is and why is it that the financial statement of February wasn’t balance. I consumed one whole day finding and computing the balances of every account. I check the Journal Vouchers and foot the balance again but I was not able to find it. Fortunately I was able to find an error but still there was a 0.50 remaining difference. I did all what I did before, but suddenly Ma’am Kerstine Canay asked me to photocopy a 5 set contract of the Cabulig Hydropower Plant contractor for the insurance claims of the Cabulig. It was very tiring because at first it was my mind who is tired trying to find where the error is, and now I’m physically tired because of the 5 set contract, and all in all I photocopied 491 papers and after that I arrange them according to the set and I filed them. After I have done the photocopying thing I went back to my first work which is finding the error, the 0.50 difference. Suddenly I first open the subsidiary ledger and the first account I computed was the Work in Progress account, I was very grateful that it was the one I’ve been looking for. The error was in that account. So I was very happy and ma’am ethyl was also happy because I solve her problem. So now, she can proceed to the Financial Statement of March.
I can consider this day as the most tiring but the happiest as well. I was sweaty and exhausted but still I’m happy to help our boss in their problem. It feels great!
APRIL 23, 2014
This day Ms. Geraldine Vallejos assigned us to arrange alphabetically the form 2307 and to find what the missing ones are. Ma’am Karla also assigned us to post the accounts to the subsidiary and general Ledger. This day was great because we know that on Friday is the MINERGY day, I’m so excited because there will be a mass, games and celebration.
APRIL 24, 2014
Ms. Karla assigned us to re-check the CV’s filed in 2014. Ms. Gretell Salley also assigned me to post the accounts of the Coal power plant to the Subsidiary ledger for the month of March 2014. I photocopied files of 2307 because ma’am Geraldine will send it to Manila. Ma’am Mia also assigned me to stamp the love offering envelope for tomorrow’s mass. And during our lunch break we practice singing because we will be the one to sing in the mass together with our fellow OJT’s. It feels weird that I am singing in the mass, because I’m not really a singer, but then it was a great opportunity to know closer those other OJT’s from other school and be friends with them.
APRIL 25, 2014
Today is MINERGY DAY!!
We didn’t have an office work and it was a time to enjoy and have fun. We came early as what Ma’am Lina told us. It started with a mass at 8:30am, after which there was an amazing race game but we weren’t able to join because they are already complete so we just watch and cheer for them. There was also a lunch party, so we really enjoyed a lot, plus we get to know other OJT’s also. We went home early together with the employees. We only spent half day in the office and then we go home.
APRIL 28, 2014
After ma’am Ethyl finish the March Financial Statement there was again a 3.00 difference. She then asks me to find the error. Fortunately it didn’t took me long to find the error. After that I photocopied again Basic Contract for the Cabulig Hydropower Plant for their insurance claims.
APRIL 29, 2014
Ma’am Jhonae ask me to balance the Subsidiary Ledger of March 2014. At first I wasn’t able to balance it but after looking all the record I find it in the account of accounts payable of March. After that she asks me to file some documents like CV’s and JV’s.
APRIL 30, 2014
I came in the office very disgusting because I was 17 minutes late. I was running out of breath walking towards the office because I was running. On the other hand, all the employees except Ma’am Sitti and Ma’am Geraldine in the accounting group went to Baungon, Bukidnon to visit Bobunawan hydropower Plant. They went back at 3pm. The time that they were away Ma’am Geraldine tasked me to print delivery address in the envelopes; it was my first time to do it so I was happy for this is another additional knowledge for me. We also went to the operations building of the Electrical Engineers and Mechanical Engineers to give their Income Tax Return. It was my first time to go to the operations building, so I was glad to see the place and what they are doing. It was noisy there because of the big machines and equipment. When they went back they bring foods for us, so we enjoyed it a lot because these foods were from the catering so it was really good.
MAY 2, 2014
As what we usually do, we filed the CV’s for April and May. I also printed the envelopes of the Admin Employees for their Income Tax Return. Ms. Mia Sildo also taught us how to do the Bank Reconciliation. I was glad that we can relate of what she’s teaching us because it’s part of the accounting lessons. It’s another additional knowledge for me.
MAY 5, 2014
I filed the remaining Check Vouchers of May 2014. I also filed the Journal Vouchers and photocopied the files of Cabulig.
MAY 6, 2014
I photocopied a 6 set of Basic Contract for the CAbulig. This is really tiring and energy consuming because they were very many and I need to arrange them after. After this, I posted the Check Vouchers of BPC for the month of April. However, Ms. Kerstine gives us snacks so at least was not that terribly hungry?
MAY 7, 2014
I AGAIN PHOCOPY FILES FOR Cabulig and continue posting in the cashbook of BPC and foot them. While we were doing the filing thing Ma’am Cielo came to do a favor of photocopying, suddenly she shared her experiences in working in COC, and what to do after graduation and lot of things about working. I was glad that she shared her experiences with us because at least I got some good points and tips from her.
MAY 8, 2014
Ma’am Ethyl tasked me and Jelian to balance the Accounts Payable of the Suppliers. Ms. Kerstine ask help in filing the papers for insurance to be sent in Manila, and photocopy papers haven’t photocopied yet that are part of the requirements.
MAY 9, 2014
I DID THE CLOSING ENTRIES FOR THE Bobunawan Power Plant. I Photocopied Contracts for the Cabulig Insurance and filed the Check Vouchers for May and April that wasn’t filed yet.
MAY 12, 2014
I continue doing the closing entries given to me by Ms. Jhonae. I photocopied the SGV audited FS of 2013. I also edit notes of the FS. We also went down in the stock room to look for the PO folder and the folder for CV of February.
MAY 13, 2014
I went down in the stockroom to look for the SSS files from 1992-present. I pulled out the SSS files and I photocopy the SSS quarterly reports on contribution of the employees. I also listed the Vat from Different Suppliers of Minergy.
MAY 14, 2014
I file the CV’s of 2013 and continue listing the Vat of different Suppliers. Arrange the SSS files and return them to the Stockroom. We arrange the files in the stockroom according to time so that they can be easily found.
MAY 15, 2014
I photocopied the files for insurance and help ma’am Kerstin in arranging those files, while we were arranging Ma’am CAlo and Sir CAdz went to Minergy to follow up us. I was so shock because I wasn’t expecting them, we talk and they follow up us and how are we doing in the office. But then, I was glad that they came and they can see that we were in good hands in MINERGY.
MAY 19, 2014
I filed some CV’s of 2014. I photocopy different files and posted the accounts of BPC to the Ledgers. I foot the balances and I had to look if they were balance or not. At first they were not balance so I check all the journal voucher, then I found out where the error is. So I solve the problem in the unbalance accounts.
MAY 20, 2014
We help the people in the Renewable Department because they are in hurry sending the files for insurance for the Cabulig Hydro Power Plant in Manila. We help in making sure that it’s complete and all the necessary requirements are there. I photocopied the audited FS made by the SGV for the year 012 and 2013. I also help Jelian cut out the sticker for the asset inventory purpose.
MAY 21, 2014
This day was the beginning of our task which is to photocopy the expenses and cash flows of Cabulig Hydropower plant. These are important files because they will be sent to Manila, to the main office the Mindanao Energy Systems, Inc. we photocopied the check vouchers of Cabulig Cagayan and Manila for the year ended 2011 and 2012. The whole day what we did was to photocopy the Check Vouchers from 2010-2012 of the Bubunawan Power Plant. They will be using it and they will pass it to Manila. So we need to hurry because these are important files. It was very tiring because that all what we did the whole day. In fact were not yet done, we are still in the 2010. We will be doing it again tomorrow.
May 22, 2014
We did the same task as before. Our day begins by photocopying the important files of Cabulig. I answered phone calls and do other task given by the employees.
May 23, 2014
As usual, the photocopying thing never ends because it was too many. I think it would take us more than a week to photocopy those files because I need to segregate the chosen files and find other files on the other folder.
May 26, 2014
I was glad that this day aside from the usual routine of photocopying I did something new. Ms. Sitti tasked me to input the records for the Manila Check Vouchers to the MINERGY Integrated Accounting System, the system that MINERGY uses in their transaction within the company and to connect with the main office in Manila. Afterwards I filed the files of the Diesel Business Unit particularly the files of their supplier which is Pilipinas Shell Petroleum Inc. we also went to stockroom to get the additional check vouchers to be photocopied. In all, this is very tiring and exhausting day, yet I enjoyed because we got to talk with our other boss whom we haven’t talked so much before.
May 27, 2014
I continue the photocopying of CVs, JVs and other important files for Cabulig. I also filed the CVs of May, April and March that weren’t filed yet. I also input records in the MINERGY Integrated Accounting System for the Check Vouchers Manila.
May 28, 2014
I continued the filing of CVs which I haven’t finished the day before. I do the daily routines in the office. The most tiring thing I did was pulling out the selected files to be photocopied. It will take a lot of time and effort at the same time.
May 29, 2014
I photocopied the JVs of 2012, Manila CVs 2012, PO 2012 and other files. We also went to stockroom to get the other folders needed to be photocopied. The employees of MINERGY had a discussion regarding the upcoming MINERGY Family Day, and everyone’s excited, so we are too.
June 2, 2014
I photocopied the check vouchers of Cabulig and filed the files of Minergy Holdings. I also input the records to Minergy Integrated Accounting Systems for the CV manila classification.
June 3, 2014
This day was very tiring because we had to photocopy a lot, but then I’m very happy because we are about to finish 2012. I was also happy because it’s our first time to have an overtime to cover up our time so we could finish early.
June 4, 2014
Im happy that we can go on to another work because we stop photocopying , but then we arranged the files per month of the CV, JV, PO, manila CV and CV CDO.
June 6, 2014
I filed the Check Vouchers of the minergy holdings. We arranged all the photocopied files of the Cabulig and the 2307 forms. We also had a despidida party for Ms. Dara, we will miss her.
June 9, 2014
We still look for the purchase order folder. I also filed the remaining Check Vouchers for May, April and March 2014. I also filed the 2307 form of 2013 and 2014. I arranged them alphabetically. I also input records for the CV to the MIAS. We also had overtime to finish early our OJT. It was tiring but what makes me happy is the overtime, because we really need it to finish early our practicum.
June 10, 2014
We went down to the stockroom to look for the Cepalco Power bill from 2002-2012 and the fuel and oil consumption folder since 2002-2012, because Ma’am Karla will use it for the Diesel Business Unit. I also labeled the Check Vouchers for the month of April 2014. I also photocopied the Check Vouchers for the Minergy Coal Corporation and also the Official Receipts and Acknowledgement Receipts. Ms. Mia taught us about the Account Analysis; afterwards she let us do it because it will be used by the Minergy holdings. It was the accounts of December 2013. I also filed the journal vouchers of May and I had to make sure it’s complete.
June 11, 2014
I was assigned to input the Minergy Check Vouchers to be filed to Manila files. Ms. Sitti also told me to encode the records that aren’t in the Book of the Company and also the outstanding checks. We are happy because tomorrow is a holiday, so we can take a rest also.
June 13, 2014
I and Jelian were assigned to arrange the remaining files of the Cabulig. I also photocopied the CV that Maam Cielo told me to do so. I was glad that during that day we weren’t that busy and tired, it was just enough and they were not that busy.
June 16, 2014
This is my last day of OJT. I am sad that I was left alone because Jelian was already able to finish her duty, I was also happy because I can finish mine today. Anyway, I was asked by Ma’am Jem to look for the 10 centavo deficit in the Financial Statement of the month May. I was glad to be able to find it before I leave. It feels like they were really happy that we spend a little time with them.
SUMMARY OF JOB ACCOMPLISHMENTS
On the Job Training or Practicum is an integral part of every college student. It is when we can be able to apply our knowledge and skills to different works and task assigned to us. It is the preparation to the real world of work.
In the company that we had our OJT, we learned a lot. It may not be merely about marketing which is our major, but it’s really about office works. I really observed that in the real world of work you should be flexible and knowledgeable in all ways.
I experience filing, photocopying and answering phone calls. I think these things are the basic and primary things you should know because these things are most likely the daily routines in the office and these are very essential. I was very glad because personally I get some sort of values in the midst of our OJT. I value the essence of organizing things for easy and convenient purposes. These things may sound very easy and simple to do but I consider it valuable because of the trust that the company gave us through holding those important files and entrusting them to us. I was able to be time management wise person because of the works in the office. I also answer phone calls, this may sound funny but I did experienced talking to some executives over the phone, and imagine how someone’s reactions are while talking to the head of the company. But gladly, I did it successfully and it was overwhelming at the same time. I was able to use my knowledge while I’m still in college assigned as a student assistant; it feels light to do office works because I already had a background about it.
Most of the times I file check vouchers; these are files of the outflows transactions of Minergy. I should file them according to the CV number. These CVs are used for their reference purposes for the Bubunawan Power Co., Inc. (BPC), Cabulig hydroelectric Power Plant (CHEPP) , Minergy Holdings and the Diesel Business Unit (DBU). I really always take extra precautions while filing because I might get errors, then it would be a big problem and a waste of time for the employees as well.
Aside from the Check Vouchers (CVs), I filed CVs for DBU itself. These are files of the CVs of the Pilipinas Shell Petroleum Inc. which is the main supplier of Diesel for the DBU which is used by the Sulzer 18.9 MW and the Wartsila 27 MW. I also filed the Purchase order for Minergy, BPC, Cabulig, and Minergy Coal Corporation (MCC). Other files are the insurance papers of the Cabulig for the rehabilitation of the Power Plant because it was devastated during the typhoon Agaton last January 2014. Lastly, are the Journal Vouchers that are filed every year for reference and copy purposes that should be used if there are classifications they want to see?
Aside from filing I photocopy files from different areas. It is tiring honestly because I had to attend a lot of papers especially for the Cabulig which is very important for claiming of their insurance for the rehabilitation of the plant in Claveria, Misamis Oriental.
Aside from the files for insurance, the Cabulig need also to send their summary of disbursements and expenses for the past 3 years to Manila, for that we have to photocopy the CV manila, CV CDO, CV minergy, JV, and PO. Another files are the Absolute deed of sale for the Minergy Coal Corporation, this is used for the preparation of the upcoming operation of the MCC in Balingasag, Misamis Oriental. I also photocopies the 2307 forms that ma’am Geraldine gave me which will be used for her files. These are the forms from the different suppliers of Minergy and the different stakeholders as well.
Another job I did was to post the accounts from the journal Vouchers to the books of different power plants. I posted the accounts of BPC to the ledgers and I also foot them and make sure its balance in the end. I also did the same for the DBU. I was very happy because it is accounting related and I can relate in to it. In posting I really take extra care and effort not to make mistakes because it would be an eyesore. That is why it needs patience and extra care.
I also did Bank Reconciliation, I make sure that he book of the company is the same as the book of the bank. If there are any discrepancies I should just highlight them and report them to our ma’am because she will be the one to correct it. I also tried to input records in the Minergy Integrated Accounting System, it is the Accounting System of Minergy in which all the records are there and they transact through the system. They created that system not just to meet with the demand of the technology generation, but to make their work convenient, easy and well organize. I tried to input record in making the Check Vouchers for Minergy Manila, not just that I also tried for the Official Receipts and Acknowledgement Reports.
Above anything else all the works and task given to me are all meaningful part of my experience as a trainee in the company. They may be simple and easy but they are essential in molding me to be a better person in my future workplace.
COMMENTS AND RECOMMENDATIONS
MINERGY wasn’t really my first choice of company to work my practicum with. A lot of circumstances came and I guess God’s will really make me realize that I shouldn’t just be contented on where I was before, that is why I transferred and look for another company to work with. Then I found MINERGY. I guess we were really meant to be, I was in hurry to find a company in order to cover up the wasted time I had, and at the same time MINERGY wants an OJT for their company because they are very busy and they are all bombarded with different works, especially that it was the time when the time when the filling of Income Tax Return is approaching, thus they are really very busy to the extent that they forget that its lunch break already.
From the first day that I step in MINERGY, I knew that I could really learn a lot from this company and the fact it’s really a big company, I feel that I should be careful on my actions, I witnessed how passionate the employers there, and how focus they are on their work. They want to make sure that all the office works are done well and proper. That makes MINERGY one of the best companies in Cagayan de Oro.
Being in MINERGY was really one of a kind experience. I get to know our boss and all the employees, and be friends with them like we are really part of their company. They are very accommodating and approachable; they would always to make us feel comfortable and easy. When there are gatherings and celebration, they would always invite us. Another thing is, the rank A file employees like Ma’am Sitti , ma’am Den2x, and ma’am Karla doesn’t want us to call them “MA’AM” but they want us to call them “ ATE”, but we just smile and we refused because we weren’t used to call them “ATE”, and by calling “MA’AM”. I believe it exemplifies professionalism. Aside from being friendly , what I love the most was when they give us advice about working and how to apply, like ma’am Cielo, she used to share us her experiences and even her disappointments in her work, she share how to handle stress and how to deal when being scolded by your boss. I really learn a lot from her, it’s a lesson never thought in principles and theories, but by experience.
I can consider all the experiences I learned are really very meaningful, from filing, photocopying, answering calls, accounting related to works and other office work. But more than anything else I really realized that the best thing I acquire from this OJT experience is discipline. Waking up at 05:00 am just to be early in our 07:00 am office hours was hard for me at first, because, I wasn’t used to it. But time passes by; I developed my punctuality and self-discipline so that I won’t disappoint our bosses in MINERGY. I was able to be time bounded; more organized in my works, and was able to adjust with the new environment and with the different people in the office
I could really only give good views about MINERGY, they open their arms by accepting OJT and give opportunity to students to developed and enhance their skills through hands-on experiences on real working environment.
As a whole I’m thankful to Minergy for all the accommodation and the time they gave us, they made our On the Job Training a good source of experience. I may not be able to merely apply the marketing and communication skills I learned from the past, but I learned more than what I expected to learn, it’s not the task that defines what I’ve learned, but the essential things behind the day to day activity in the company. I learned to be flexible, patient and I became hardworking because of the task and work given to me. Some may be easy and some may be not but one thing is for sure, I listen and I learn. I may have encountered mistakes in some ways but those mistakes taught me and inspired me to be more focus and attentive. Now I really value the learning beyond the four corners of the classroom. Learning from different people and working with diverse personalities.