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Bacancy Technology Financial Analyst Interview Questions and Answers

Updated 19 Dec 2024

Interview questions from similar companies

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

I applied via Naukri.com and was interviewed in Jun 2023. There were 5 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 - HR 

(2 Questions)

  • Q1. Working Background experience
  • Q2. Basic Informative questions
Round 3 - Technical 

(1 Question)

  • Q1. Task on excel and case study
Round 4 - One-on-one 

(1 Question)

  • Q1. Questions on financial planning, Analysis, budgeting, forecasting,
Round 5 - One-on-one 

(3 Questions)

  • Q1. Questions on Financial Reporting
  • Q2. Questions on Book Closure
  • Q3. Questions on Accounting concepts

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare questions on Financial Reporting, Financial Planning, Hands on experience on excel.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Portal and was interviewed in May 2024. There were 4 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is Accounts payable
  • Ans. 

    Accounts payable is the amount of money a company owes to its suppliers for goods or services purchased on credit.

    • Accounts payable is a liability on the company's balance sheet.

    • It represents the amount of money the company owes to its vendors or suppliers.

    • Accounts payable is typically recorded when an invoice is received from the supplier.

    • Examples include payments for inventory, utilities, rent, and other expenses.

    • Mana...

  • Answered by AI
  • Q2. What is p2p cycle and what do you know about P.O
  • Ans. 

    P2P cycle refers to the procure-to-pay process in which goods or services are ordered, received, and paid for. A P.O. (purchase order) is a document issued by a buyer to a seller outlining the details of a purchase transaction.

    • P2P cycle involves requisitioning, purchasing, receiving, and paying for goods or services

    • Purchase Order (P.O.) is a document issued by a buyer to a seller specifying the details of the purchase,...

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is depreciation
  • Ans. 

    Depreciation is the allocation of the cost of a tangible asset over its useful life.

    • Depreciation is a non-cash expense that reduces the value of an asset over time.

    • It reflects the wear and tear, age, and obsolescence of the asset.

    • Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

    • Examples of depreciable assets include buildings, vehicles, machinery, and e

  • Answered by AI
  • Q2. Basic Journal entries
Round 3 - One-on-one 

(2 Questions)

  • Q1. Explain any situation where you used your strengths
  • Q2. What is the benefit of charging depreciation in P&L
  • Ans. 

    Charging depreciation in P&L helps in spreading the cost of an asset over its useful life, matching expenses with revenues.

    • Depreciation helps in accurately reflecting the wear and tear of assets over time.

    • It allows for the allocation of the cost of an asset over its useful life, rather than expensing it all at once.

    • By charging depreciation, the profit and loss statement reflects the true cost of using the asset to gene...

  • Answered by AI
Round 4 - HR 

(2 Questions)

  • Q1. Are you planning for further studies
  • Q2. What is something that you are not good at

Interview Preparation Tips

Topics to prepare for Blenheim Chalcot Financial Associate interview:
  • A.p
  • Brs
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in May 2024. There were 3 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. What is account payable?
  • Ans. 

    Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.

    • Accounts payable is a liability on the company's balance sheet.

    • It represents the short-term debt that must be paid off within a specific period.

    • Examples include invoices from suppliers for raw materials, utilities, or services.

    • Managing accounts payable effectively is crucial for maintaining good ...

  • Answered by AI
Round 2 - Technical 

(1 Question)

  • Q1. What is the GRNI?
  • Ans. 

    GRNI stands for Goods Received Not Invoiced, a financial term used to track goods that have been received by a company but not yet invoiced by the supplier.

    • GRNI helps in tracking the liability of a company for goods received but not yet paid for.

    • It is important for accurate financial reporting and inventory management.

    • GRNI can indicate potential issues with the accounts payable process or discrepancies in inventory rec...

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. How will you manage travel?
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Jun 2023. There were 5 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 - HR 

(2 Questions)

  • Q1. Working Background experience
  • Q2. Basic Informative questions
Round 3 - Technical 

(1 Question)

  • Q1. Task on excel and case study
Round 4 - One-on-one 

(1 Question)

  • Q1. Questions on financial planning, Analysis, budgeting, forecasting,
Round 5 - One-on-one 

(3 Questions)

  • Q1. Questions on Financial Reporting
  • Q2. Questions on Book Closure
  • Q3. Questions on Accounting concepts

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare questions on Financial Reporting, Financial Planning, Hands on experience on excel.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Introduce yourself
  • Ans. 

    I am a detail-oriented financial accountant with 5 years of experience in preparing financial statements and analyzing data.

    • 5 years of experience in financial accounting

    • Proficient in preparing financial statements

    • Strong analytical skills

    • Detail-oriented

    • Experience in data analysis

  • Answered by AI

Bacancy Technology Interview FAQs

How many rounds are there in Bacancy Technology Financial Analyst interview?
Bacancy Technology interview process usually has 1 rounds. The most common rounds in the Bacancy Technology interview process are HR.

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