Accenture Senior Finance Associate Interview Questions and Answers

I am an experienced finance professional with a strong background in financial analysis and reporting.

• Over 8 years of experience in finance roles

• Expertise in financial modeling and forecasting

• Proficient in analyzing financial statements and identifying trends

• Strong knowledge of accounting principles and regulations

• Proven track record of improving financial processes and efficiency

• Excellent communication and presentatio...read more

Accounts Payable is the amount of money a company owes to its vendors or suppliers for goods or services received.

• It is a liability account in the company's balance sheet.

• It includes invoices, bills, and other expenses that are yet to be paid.

• AP is managed by the accounting department and is an important part of cash flow management.

• Example: If a company purchases $10,000 worth of goods from a supplier and agrees to pa...read more

I am an experienced finance professional with a strong background in financial analysis and reporting.

• Over 8 years of experience in finance roles

• Expertise in financial planning and budgeting

• Proficient in financial analysis and reporting

• Strong knowledge of accounting principles and regulations

• Proven track record of improving financial processes and efficiency

• Excellent communication and presentation skills

• Ability to work

Accounts Payable is money owed by a company to its suppliers while Accounts Receivable is money owed to a company by its customers.

• Accounts Payable is a liability account that tracks the money a company owes to its suppliers for goods or services received but not yet paid for.

• Accounts Receivable is an asset account that tracks the money a company is owed by its customers for goods or services provided but not yet paid ...read more

PTP cycle refers to the Procure-to-Pay cycle, which is the process of purchasing goods or services and paying for them.

• PTP cycle involves several steps such as identifying the need for a product or service, selecting a vendor, negotiating terms, creating a purchase order, receiving the goods or services, and processing the invoice for payment.

• It is used to streamline the procurement process, ensure compliance with comp...read more

I have extensive knowledge and experience in using Excel for financial analysis, data manipulation, and reporting.

• Proficient in creating complex formulas and functions in Excel

• Skilled in using pivot tables and data analysis tools

• Experienced in financial modeling and forecasting using Excel

• Familiar with VBA programming for automation and customization

• Ability to create visually appealing charts and graphs for data visual...read more