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Afcons Infrastructure
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
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I appeared for an interview before Feb 2024.
I appeared for an interview before Jan 2024.
Steps involved in preparing a project budget
Identify all project expenses including labor, materials, equipment, etc.
Estimate the cost of each expense item based on historical data or quotes from vendors
Allocate funds for unexpected costs or contingencies
Determine the timeline for the project and spread out costs accordingly
Review and finalize the budget with key stakeholders
Factors considered in project costing include materials, labor, overhead, equipment, and indirect costs.
Materials: Cost of raw materials needed for the project.
Labor: Cost of labor required to complete the project.
Overhead: Indirect costs such as utilities, rent, and administrative expenses.
Equipment: Cost of equipment needed for the project.
Indirect costs: Miscellaneous costs like permits, insurance, and taxes.
Example...
I monitor the budget by regularly reviewing expenses, comparing them to projections, and making adjustments as needed.
Regularly review expenses to ensure they are in line with the budget
Compare actual expenses to budget projections to identify any discrepancies
Make adjustments to the budget as needed based on the review and analysis
Track spending patterns and identify areas where cost savings can be made
Indirect costs are expenses that are not directly tied to a specific project or department, but still contribute to overall operational costs.
Indirect costs are overhead expenses that cannot be easily traced to a specific cost object.
Examples include rent, utilities, administrative salaries, and office supplies.
These costs are necessary for the business to function, but are not directly attributable to a specific produ...
Cash flow can be effectively monitored by tracking income and expenses, creating cash flow statements, setting up cash flow projections, and using accounting software.
Track income and expenses regularly to understand the flow of cash in and out of the business.
Create cash flow statements to analyze the sources and uses of cash over a specific period.
Set up cash flow projections to forecast future cash flow based on exp...
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I applied via Naukri.com and was interviewed in Dec 2020. There were 3 interview rounds.
I applied via Campus Placement and was interviewed before Jan 2020. There were 5 interview rounds.
posted on 29 Jul 2022
I applied via Naukri.com and was interviewed before Jul 2021. There were 2 interview rounds.
I applied via Approached by Company and was interviewed before Jun 2021. There were 2 interview rounds.
I applied via Approached by Company and was interviewed before May 2022. There were 2 interview rounds.
I have worked on INDAS 115 and INDAS 116 in my previous role as a financial analyst.
Implemented INDAS 115 to recognize revenue from contracts with customers
Applied INDAS 116 to account for leases in financial statements
Ensured compliance with INDAS standards in financial reporting
Prepared financial statements following the guidelines of INDAS
I applied via Recruitment Consulltant and was interviewed in Nov 2022. There were 3 interview rounds.
Some of the top questions asked at the Afcons Infrastructure Assistant Manager interview -
based on 4 interviews
Interview experience
based on 28 reviews
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