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Bazar India Accounts & Finance Executive Interview Questions, Process, and Tips

Updated 29 Dec 2022

Bazar India Accounts & Finance Executive Interview Experiences

1 interview found

I applied via Naukri.com and was interviewed in Dec 2021. 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.
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Round 2 - HR 

(3 Questions)

  • Q1. Comfortable with work location?
  • Ans. 

    Yes, I am comfortable with the work location.

    • I am familiar with the work location and have no issues commuting to it.

    • I have researched the work location and it seems convenient for me.

    • I have previously worked in a similar location and had no problems.

    • I am open to adapting to new work environments and locations.

  • Answered by AI
  • Q2. What is your expected CTC?
  • Ans. 

    I expect a competitive salary based on my qualifications, experience, and the responsibilities of the role.

    • I am looking for a salary that reflects my skills and expertise in the field of accounts and finance.

    • I would like to be compensated fairly for the responsibilities and tasks associated with the position.

    • Considering my experience and the market standards, I expect a salary in the range of X to Y.

    • I am open to negoti...

  • Answered by AI
  • Q3. Give me your introduction.
  • Ans. 

    I am an experienced Accounts & Finance Executive with a strong background in financial management and analysis.

    • I have a Bachelor's degree in Accounting and Finance from XYZ University.

    • I have worked for 5 years in the finance department of ABC Company, where I managed financial records, prepared financial statements, and conducted financial analysis.

    • I am proficient in using accounting software such as QuickBooks and Exc...

  • Answered by AI
Round 3 - Technical 

(5 Questions)

  • Q1. Describe Vlookup function in excel.
  • Ans. 

    Vlookup is a function in Excel used to search for a specific value in a table and return a corresponding value from another column.

    • Vlookup stands for 'Vertical Lookup'

    • It is used to search for a specific value in the first column of a table

    • It returns a corresponding value from another column in the same row

    • It is commonly used for data analysis and management

    • Syntax: =VLOOKUP(lookup_value, table_array, col_index_num, [ran...

  • Answered by AI
  • Q2. What is the use of Pivot Table in Excel?
  • Ans. 

    Pivot Table is used to summarize, analyze and present large amounts of data in a structured manner.

    • It helps in creating reports and charts from complex data sets.

    • It allows users to quickly and easily summarize and analyze large amounts of data.

    • It provides a flexible way to view data from different angles.

    • It can be used to group, filter, and sort data based on various criteria.

    • It is a powerful tool for data analysis and

  • Answered by AI
  • Q3. What are the methods of depriciation?
  • Ans. 

    Depreciation methods include straight-line, declining balance, sum-of-the-years' digits, and units of production.

    • Straight-line method charges an equal amount of depreciation each year.

    • Declining balance method charges a higher rate of depreciation in the early years of an asset's life.

    • Sum-of-the-years' digits method charges a higher amount of depreciation in the early years of an asset's life.

    • Units of production method ...

  • Answered by AI
  • Q4. Describe GST Compliances and due dates for GSTR 1, 3B and 2A.
  • Ans. 

    GST compliances include filing of GSTR 1, 3B and 2A with specific due dates.

    • GSTR 1 is filed monthly or quarterly depending on the turnover of the business.

    • Due date for GSTR 1 is 11th of the following month for monthly filers and 13th for quarterly filers.

    • GSTR 3B is filed monthly and due date is 20th of the following month.

    • GSTR 2A is an auto-populated form and due date is not applicable as it is for reference purposes o

  • Answered by AI
  • Q5. What is TDS? Describe section 192 C of TDS.
  • Ans. 

    TDS stands for Tax Deducted at Source. Section 192 C of TDS pertains to TDS on payment of arrears.

    • TDS is a tax collection mechanism where tax is deducted at the source of income.

    • Section 192 C of TDS deals with TDS on payment of arrears.

    • Arrears refer to the payment of salary or other dues that were not paid in the previous financial year.

    • The employer is required to deduct TDS on such arrears at the time of payment.

    • The r...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Bazar India Accounts & Finance Executive interview:
  • Excel
  • Journal entries
  • TDS
  • Gst compliance
  • Golden rules of Accounting
  • Depriciation
Interview preparation tips for other job seekers - Be confident and prepare in advance for technical round.

Skills evaluated in this interview

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
-
Result
Selected Selected

I appeared for an interview in Aug 2024.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good opportunity

Give me the chance of your company for job opportunity,

I applied via Referral and was interviewed before Feb 2021. There were 3 interview rounds.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be ready to be posted to a completely different place, against which you are promised at the interview. Apart from the relocation issue, every aspect of the business is exciting and growing.

I applied via Naukri.com and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Components of P&L?
  • Ans. 

    P&L stands for Profit and Loss. It consists of revenue, cost of goods sold, gross profit, operating expenses, and net profit.

    • Revenue: the income generated from sales

    • Cost of goods sold: the cost of producing or purchasing the products sold

    • Gross profit: revenue minus cost of goods sold

    • Operating expenses: expenses incurred in running the business

    • Net profit: gross profit minus operating expenses

    • Example: A store's revenue i...

  • Answered by AI
  • Q2. How to control the Dump & Shrink?
  • Ans. 

    Dump & Shrink can be controlled by implementing proper inventory management techniques.

    • Regularly monitor inventory levels and adjust ordering accordingly

    • Implement a first-in, first-out (FIFO) system to prevent expired products

    • Train employees on proper inventory handling and storage techniques

    • Conduct regular inventory audits to identify and address any issues

    • Analyze sales data to forecast demand and adjust inventory lev

  • Answered by AI
  • Q3. SAP knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and thorough with P&L statements.

Skills evaluated in this interview

I applied via AmbitionBox and was interviewed before Aug 2021. There was 1 interview round.

Interview Preparation Tips

Interview preparation tips for other job seekers - Continue practice and regularly searching as per sutaible job

I applied via Referral and was interviewed before Jan 2021. There were 2 interview rounds.

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep your cool while giving answers, they can ask anything related to the store including product range, margin or Store P&L.

I applied via Company Website and was interviewed in Feb 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Kpi,kra, key achievement

Interview Preparation Tips

Interview preparation tips for other job seekers - Before conformation you're CTC

I applied via Naukri.com and was interviewed before Sep 2019. There were 4 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. All question were related to situation handeling and P&L .
  • Q2. What was the best experience which you have seen in your retail life ?
  • Q3. How do you increase your store prifite ?
  • Ans. 

    To increase store profit, focus on increasing sales, reducing costs, and improving customer experience.

    • Increase sales by implementing effective marketing strategies and promotions

    • Reduce costs by optimizing inventory management and negotiating with suppliers

    • Improve customer experience by providing excellent customer service and creating a welcoming atmosphere

    • Analyze sales data to identify trends and adjust strategies ac...

  • Answered by AI
  • Q4. What you will do if we asign a mew store to you as a opening team ?
  • Ans. 

    I will create a detailed plan, hire and train a competent team, and ensure a successful grand opening.

    • Create a detailed plan for the store opening, including timelines and tasks

    • Hire and train a competent team, ensuring they understand the company's values and goals

    • Ensure all necessary equipment and supplies are ordered and set up before the opening

    • Promote the grand opening through various marketing channels

    • Monitor the ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm and cool during your experience .

I applied via Referral and was interviewed before Oct 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Retail KPI, How you will improve EBITDA, How you will improve business efficiency

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep cool and calm, and rest will come automatically.

I applied via Referral and was interviewed before Dec 2019. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. As per experience, No question are were asked in simple manners, because retail life is not at all simple.
  • Q2. For answering to any questions, You need to be very cool and calm. Because you will get, if and but. I hope you understand, exactly what I mean to say. But basic rules is being confidence. No matter what ...
  • Q3. If ebita is down, what is basic plans, stores conversion is down, IPCm, ATS, DOWN. ---MY ANSWER IS TO GET BASIC RIGHT, REST ALL THE KPI WILL BE FULL FILLED AUTOMATICALLY. Staff to staff marking is very mu...
  • Ans. 

    To address the issue of declining EBITA and store conversion, focus on improving basic operations and key performance indicators (KPIs).

    • Ensure basic operations are running smoothly

    • Identify and address any issues affecting store conversion

    • Improve IPCm (Items Per Customer) and ATS (Average Transaction Size)

    • Prioritize staff training and development

    • Motivate and engage the team to enhance performance

    • Implement strategies to ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - One word to say, just believe in ur self and don't get panic because the interview ur are faceing is not the last interview of this Planet. Being account able for ur words what ur saying and how is will impact on you job profiles role is the best way to face ur interview.
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Bazar India Interview FAQs

How many rounds are there in Bazar India Accounts & Finance Executive interview?
Bazar India interview process usually has 3 rounds. The most common rounds in the Bazar India interview process are Resume Shortlist, HR and Technical.
What are the top questions asked in Bazar India Accounts & Finance Executive interview?

Some of the top questions asked at the Bazar India Accounts & Finance Executive interview -

  1. What is TDS? Describe section 192 C of T...read more
  2. Describe GST Compliances and due dates for GSTR 1, 3B and ...read more
  3. What is the use of Pivot Table in Exc...read more

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