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Boston Financial Advisory Group Senior Associate Interview Questions and Answers
Boston Financial Advisory Group Senior Associate Interview Experiences
1 interview found
Anonymous
I applied via Naukri.com and was interviewed in Apr 2020. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Basic accounting question, tds, gst, Cash flow statement, journal entries accrual prepaid
Interview Preparation Tips
Top trending discussions
Interview questions from similar companies
(1 Question)
- Q1. Salaries related enteries
Selected
I applied via Naukri.com and was interviewed in Aug 2023. There were 2 interview rounds.
(1 Question)
- Q1. What u know about accounts payable, bank
- Ans.
Accounts payable is a process of managing and recording a company's financial obligations to suppliers and vendors.
Accounts payable involves recording and tracking invoices and payments
It ensures timely payment to suppliers and vendors
Bank reconciliation is a process of comparing a company's records with bank statements
It helps identify discrepancies and ensure accurate financial reporting
(1 Question)
- Q1. Accounts payable
I applied via Naukri.com and was interviewed in Dec 2021. There were 3 interview rounds.
Test is on basic accounting concepts
(1 Question)
- Q1. We will have a second round with their senior employee, in this round they will check our knowledge and understanding of core accounting concepts
(1 Question)
- Q1. This is one of my toughest interview round i had in my career, I felt very happy, the way they they did interview, in this round they will check your core accounting knowledge at expert level and few behav...
Interview Preparation Tips
- General Accounting
It took 1 month for me for whole interview process, so be patient, it will depend upon their availability
Selected
I applied via LinkedIn and was interviewed in Nov 2024. There were 3 interview rounds.
(6 Questions)
- Q1. Walk me through a DCF
- Q2. What is FCFF and FCFE?
- Q3. Why do we use mid-period convention?
- Q4. How is terminal value calculated?
- Q5. Why do we use DLOM and DLOC? How do we determine them?
- Q6. When do we use DCF? How do you select comparable companies when using Market Approach?
(5 Questions)
- Q1. What sort of valuation engagements have you worked on?
- Q2. Why do we normalize and/or adjust EBITDA?
- Q3. What is CCF? When do we use CCF over DCF?
- Q4. Why do we use DLOM and DLOC? How do we determine them?
- Q5. What are the factors you would consider while valuing small businesses?
(4 Questions)
- Q1. Tell me about yourself?
- Q2. Why Withum and where did you hear about the firm?
- Q3. Why are you planning to switch?
- Q4. What are your expectations with the role?
Interview Questionnaire
2 Questions
- Q1. One essay and few logical reasoning questions
- Q2. Essay on how to deal with challenges of the world
- Ans.
Dealing with challenges of the world requires resilience, adaptability, and a positive mindset.
Stay informed and educated about current events and issues
Develop problem-solving skills and seek out resources and support
Maintain a positive attitude and focus on personal growth and development
Practice self-care and prioritize mental and physical health
Collaborate with others and build strong relationships for mutual suppo...
Selected
I applied via Naukri.com and was interviewed in Jul 2024. There were 3 interview rounds.
This test is an offline assessment covering math, logical reasoning, and English grammar. However, it holds less importance as HR will primarily focus on your process-related work experience, communication skills, knowledge about the company, and understanding of the process, especially if you are a fresher.
(6 Questions)
- Q1. Tell me about yourself.
- Q2. Tell me in brief about your work experience.
- Q3. When did you leave your previous organization and why?
- Q4. Are you an immediate joiner or what is your notice period?
- Q5. Do you know about cogneesol?
- Q6. I will shortlisted you for the next round wait for it, or take a break.
(3 Questions)
- Q1. He/she will look at your resume and ask about your salary expectations.
- Q2. Show me your last salary slip or appraisal letter.
- Q3. We will provide your "XX" amount per month where "X" will be fixed and "Y" will be your NSA and incentives. If you are ready we will provide you an offer letter immediately.
Interview Preparation Tips
When the manager arrived at 4 clocks, they conducted interviews in the same place reviewed resumes, and emphasized that, as an ISO-certified company, they don't entertain candidates who are only interested in getting an offer letter. They asked for salary slips and explained that the salary structure includes a fixed component (basic salary plus HRA), with the rest considered as allowances. They offered a minimal hike of 1,000 to 2000 INR on your fixed salary. If you agreed, they would connect you with HR for documentation. However, 99% of experienced candidates declined the offer because no one wanted to reduce their value in terms of CTC.
I had a terrible interview experience with this unprofessional and disrespectful company. I strongly advise against attending an interview there as it will likely be a negative experience. Only consider it as a last resort if you are facing extreme rejection and poor conditions. Moreover, they don't offer more than a 3% hike in future appraisals.
Selected
I applied via Naukri.com and was interviewed in Aug 2023. There were 2 interview rounds.
(1 Question)
- Q1. What u know about accounts payable, bank
- Ans.
Accounts payable is a process of managing and recording a company's financial obligations to suppliers and vendors.
Accounts payable involves recording and tracking invoices and payments
It ensures timely payment to suppliers and vendors
Bank reconciliation is a process of comparing a company's records with bank statements
It helps identify discrepancies and ensure accurate financial reporting
(1 Question)
- Q1. Accounts payable
I applied via LinkedIn and was interviewed in May 2024. There were 2 interview rounds.
Taxation and accountancy question
medium level not easy
(4 Questions)
- Q1. Deferred tax 3 question
- Q2. Bad debts and provisions casestudy based questions
- Q3. Ind AS fixed assets depreciation
- Q4. Finalization of BOA
- Ans.
Finalization of BOA involves reviewing and confirming all terms and conditions before signing the agreement.
Review all terms and conditions outlined in the BOA document
Ensure all parties involved agree to the terms before finalizing
Sign the agreement once all terms are confirmed and agreed upon
(1 Question)
- Q1. Salaries related enteries
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Boston Financial Advisory Group Senior Associate Reviews and Ratings
based on 1 review
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Operations Associate
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Senior Associate
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Assistant Manager
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7
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Project Coordinator
5
salaries
| ₹7.7 L/yr - ₹12.5 L/yr |
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