Premium Employer

i

This company page is being actively managed by ABB Team. If you also belong to the team, you can get access from here

ABB Verified Tick

Compare button icon Compare button icon Compare

Filter interviews by

ABB Financial Planning and Analysis Analyst Interview Questions, Process, and Tips

Updated 20 Jul 2023

Top ABB Financial Planning and Analysis Analyst Interview Questions and Answers

View all 7 questions

ABB Financial Planning and Analysis Analyst Interview Experiences

2 interviews found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Jan 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Costing related topics like Cost Center, Profit center.
  • Q2. Explain EBITA, COGS, Allocation and Future goals
  • Ans. 

    EBITA is a financial metric representing earnings before interest, taxes, depreciation, and amortization. COGS stands for cost of goods sold. Allocation refers to the distribution of resources. Future goals are targets set for the future.

    • EBITA is a measure of a company's operating performance without factoring in financing and tax implications.

    • COGS represents the direct costs of producing goods sold by a company.

    • Alloca...

  • Answered by AI
Round 3 - HR 

(2 Questions)

  • Q1. Why are you willing to join ABB
  • Q2. Are you willing to relocate

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared in terms of Costing and Accounts for this Job Role

I applied via Naukri.com and was interviewed in Oct 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(3 Questions)

  • Q1. What are the Steps in INDAS115
  • Ans. 

    INDAS115 is a standard that outlines the steps for recognizing revenue from contracts with customers.

    • Identify the contract with the customer

    • Identify the performance obligations in the contract

    • Determine the transaction price

    • Allocate the transaction price to the performance obligations

    • Recognize revenue when the performance obligations are satisfied

  • Answered by AI
  • Q2. Difference between budgeting and forecasting
  • Ans. 

    Budgeting is a plan for future expenses while forecasting is an estimate of future financial outcomes.

    • Budgeting involves setting financial goals and creating a plan to achieve them.

    • Forecasting involves predicting future financial outcomes based on past performance and current trends.

    • Budgeting is typically done on an annual basis while forecasting can be done on a regular basis.

    • Budgeting is more rigid and inflexible whi...

  • Answered by AI
  • Q3. Explain about break even sales
  • Ans. 

    Break even sales is the point where total revenue equals total costs resulting in zero profit or loss.

    • Break even sales is the minimum amount of sales required to cover all the costs incurred in producing and selling a product or service.

    • It is calculated by dividing the total fixed costs by the contribution margin per unit.

    • The contribution margin is the difference between the selling price per unit and the variable cost...

  • Answered by AI
Round 3 - Technical 

(3 Questions)

  • Q1. How do you look at the audit(based on my experience)
  • Ans. 

    I view audits as an opportunity to ensure accuracy and compliance while identifying areas for improvement.

    • I approach audits with a thorough and detail-oriented mindset

    • I prioritize accuracy and compliance in all aspects of the audit process

    • I use audits as a chance to identify areas for improvement and make recommendations for changes

    • I work closely with auditors to ensure a smooth and efficient process

    • For example, in my ...

  • Answered by AI
  • Q2. Explain more about forecasting
  • Ans. 

    Forecasting is the process of predicting future outcomes based on historical data and trends.

    • Forecasting involves analyzing past data and trends to make predictions about future outcomes.

    • It helps businesses make informed decisions about resource allocation, budgeting, and goal setting.

    • There are various methods of forecasting, including time series analysis, regression analysis, and scenario planning.

    • Examples of forecas...

  • Answered by AI
  • Q3. What do you know about financial planning and analysis
  • Ans. 

    Financial planning and analysis involves forecasting, budgeting, and analyzing financial data to help organizations make informed decisions.

    • It helps organizations plan and allocate resources effectively

    • It involves analyzing financial statements and performance metrics

    • It helps identify trends and potential risks

    • It assists in creating financial models and forecasts

    • It helps in making informed decisions about investments a

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Concentrate on costing, financial reporting and your work experience

Financial Planning and Analysis Analyst Interview Questions Asked at Other Companies

asked in ABB
Q1. What do you know about financial planning and analysis
asked in ABB
Q2. How do you look at the audit(based on my experience)
asked in Accenture
Q3. What is budget and forecats difference between it and its various ... read more
Q4. What is the difference between budgeting and forecasting?
Q5. What is the general accounting entry for prepaid taxes?

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. What's your name
  • Q2. Your qualification
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Sql test like joins and etc

Round 2 - HR 

(1 Question)

  • Q1. Why do you want to join the company

Interview Preparation Tips

Topics to prepare for Thermax Limited Business Analyst interview:
  • Python
Interview preparation tips for other job seekers - prepare well before going to interview
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in May 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Ask for work experience
Round 3 - One-on-one 

(1 Question)

  • Q1. Ask for work experience

I applied via Company Website and was interviewed before Jan 2021. There were 7 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Questions regarding supply chain fundamental

Interview Preparation Tips

Interview preparation tips for other job seekers - Questions were simple enough

ABB Interview FAQs

How many rounds are there in ABB Financial Planning and Analysis Analyst interview?
ABB interview process usually has 3 rounds. The most common rounds in the ABB interview process are Technical, Resume Shortlist and HR.
What are the top questions asked in ABB Financial Planning and Analysis Analyst interview?

Some of the top questions asked at the ABB Financial Planning and Analysis Analyst interview -

  1. What do you know about financial planning and analy...read more
  2. How do you look at the audit(based on my experien...read more
  3. What are the Steps in INDAS...read more

Tell us how to improve this page.

ABB Financial Planning and Analysis Analyst Interview Process

based on 2 interviews

Interview experience

5
  
Excellent
View more
Join ABB Helping industries outrun with our leading technologies

Interview Questions from Similar Companies

Siemens Interview Questions
4.1
 • 432 Interviews
Johnson Controls Interview Questions
3.5
 • 261 Interviews
Tata Power Interview Questions
3.9
 • 162 Interviews
BHEL Interview Questions
4.1
 • 109 Interviews
GE Interview Questions
4.2
 • 106 Interviews
View all
ABB Financial Planning and Analysis Analyst Salary
based on 33 salaries
₹7.5 L/yr - ₹13.2 L/yr
7% less than the average Financial Planning and Analysis Analyst Salary in India
View more details

ABB Financial Planning and Analysis Analyst Reviews and Ratings

based on 5 reviews

4.4/5

Rating in categories

3.9

Skill development

4.2

Work-life balance

3.1

Salary

4.7

Job security

4.1

Company culture

2.9

Promotions

3.2

Work satisfaction

Explore 5 Reviews and Ratings
Project Engineer
594 salaries
unlock blur

₹4.8 L/yr - ₹18.3 L/yr

R&D Engineer
322 salaries
unlock blur

₹6.5 L/yr - ₹22.2 L/yr

Financial Analyst
256 salaries
unlock blur

₹2 L/yr - ₹10 L/yr

Design Engineer
241 salaries
unlock blur

₹2 L/yr - ₹10.5 L/yr

Finance Specialist
196 salaries
unlock blur

₹2.8 L/yr - ₹7.5 L/yr

Explore more salaries
Compare ABB with

Siemens

4.1
Compare

Schneider Electric

4.1
Compare

Emerson Electric Co.

4.1
Compare

Honeywell International India

3.9
Compare
Did you find this page helpful?
Yes No
write
Share an Interview