94.3 MY FM Interview Questions and Answers

20 aptitude questions

Q1. String related coding questions
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Q1. Coding and puzzles
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Q1. About education and some technical questions
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Please provide an overview of what you do and share details about your past experience.

Presented a case study aimed at enhancing the features of the Patrika app.

Q1. Spoke about roles and responsibilities I have to perform in the organization and further did salary negotiation
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Q1. Target based job
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Q2. No target achieved no salary
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Q3. Basic knowledgeof sales
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Very good and friendly Nature

Q1. Tell about your self
Ans. 
Experienced Chief Accountant with 10+ years in financial management and reporting.
• 10+ years of experience in financial management and reporting

• Strong knowledge of accounting principles and regulations

• Proven track record of improving financial processes and efficiency

• Excellent communication and leadership skills

• Proficient in financial software and tools such as SAP and QuickBooks
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Q2. What is your experience
Ans. 
I have over 10 years of experience in accounting, including managing financial statements, budgeting, and audits.
• 10+ years of accounting experience

• Proficient in managing financial statements

• Skilled in budgeting and forecasting

• Experience with audits and compliance
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Q1. How much you are expecting the .ctc
Ans. 
I am expecting a competitive salary package based on my qualifications, experience, and the responsibilities of the role.
• I am looking for a salary package that is in line with industry standards for Chief Accountants.

• I expect the CTC to reflect my expertise in financial management, reporting, and analysis.

• I am open to negotiation based on the specific requirements and benefits offered by the company.
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Q2. Are you sure you want to work for work from home
Ans. 
Yes, I am sure I want to work from home as it offers flexibility and work-life balance.
• I have a dedicated home office setup for maximum productivity.

• I am comfortable using remote communication tools like Zoom and Slack.

• I have experience successfully managing remote teams in the past.

• Working from home allows me to avoid commuting and focus on tasks efficiently.
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Q1. OEE monitoring as per line shedule
Ans. 
OEE monitoring involves tracking the overall equipment effectiveness of production lines according to the schedule.
• Implement OEE monitoring software to track equipment performance in real-time

• Set up key performance indicators (KPIs) to measure OEE on each production line

• Analyze OEE data to identify areas for improvement and optimize production efficiency

• Schedule regular maintenance and downtime for equipment to prevent...read more
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Q2. SOP prepare as per line required
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Q1. Why we do revaluation of assets
Ans. 
Revaluation of assets is done to reflect their current market value and ensure accurate financial reporting.
• To reflect the true value of assets on the balance sheet

• To comply with accounting standards and regulations

• To provide stakeholders with accurate financial information

• To make informed decisions regarding asset management and investment

• To prevent overvaluation or undervaluation of assets

• Example: Revaluing real esta
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Q1. Whatvis revaluation of assets
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Revaluation of assets is the process of adjusting the value of assets on a company's balance sheet to reflect their current market value.
• Revaluation is typically done for assets such as property, plant, and equipment.

• The purpose is to ensure that the assets are carried at a more accurate value on the balance sheet.

• Revaluation can result in an increase or decrease in the value of assets, which impacts the company's fina...read more
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Q1. What is deferred tax with example
Ans. 
Deferred tax is a balance sheet item that represents the tax consequences of temporary differences between accounting income and taxable income.
• Deferred tax is a liability or asset that arises from temporary differences between accounting income and taxable income.

• It is recorded on the balance sheet and represents taxes that will be paid or saved in the future.

• Example: If a company uses accelerated depreciation for tax...read more
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Q2. IFRS related question
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Q1. Technical grounds knowledge
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Q2. Planning and vendor management
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