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Cogneesol Senior Process Associate Interview Questions and Answers

Updated 4 Jun 2024

Cogneesol Senior Process Associate Interview Experiences

2 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Jun 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

English , Logical reasoning and Quantitative aptitude

Round 2 - One-on-one 

(2 Questions)

  • Q1. Tell me About yourself
  • Q2. What do you know about Insurance
  • Ans. 

    Insurance is a financial product that provides protection against specific risks in exchange for payment of a premium.

    • Insurance is a contract between the insurer (insurance company) and the insured (policyholder).

    • Types of insurance include life insurance, health insurance, auto insurance, and property insurance.

    • Insurance policies typically cover specific risks such as accidents, illnesses, natural disasters, and theft.

    • ...

  • Answered by AI

I applied via Recruitment Consulltant and was interviewed before Sep 2021. There were 3 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 - Aptitude Test 

A written test which included questions from English and aptitude.

Round 3 - One-on-one 

(3 Questions)

  • Q1. 1.asked about the previous experience. 2.asked to tell about myself.
  • Q2. Tell me something about yourself
  • Q3. Tell me about your previous experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Tell about your experience in detail. you will have to answer in detail about your total experience.

Senior Process Associate Interview Questions Asked at Other Companies

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Q4. How many types account and Golden rule of accounts:
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Q5. What is Invoice?

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Newspaper Ad and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Maths accountancy excel test

Round 2 - Technical 

(5 Questions)

  • Q1. Basic accounting questions
  • Q2. Formula of cogs
  • Ans. 

    COGS stands for Cost of Goods Sold, and the formula to calculate it is Opening Inventory + Purchases - Closing Inventory.

    • COGS = Opening Inventory + Purchases - Closing Inventory

    • Opening Inventory: The value of inventory at the beginning of the accounting period

    • Purchases: The cost of inventory purchased during the accounting period

    • Closing Inventory: The value of inventory at the end of the accounting period

    • Example: Openi...

  • Answered by AI
  • Q3. Bank reconciliation
  • Q4. Trial balance related
  • Q5. Accounting entries
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Apr 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

Normal aptitude test

Round 2 - Technical 

(2 Questions)

  • Q1. Please go through the resume?
  • Q2. What is your current role?
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion and other benifits
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Jan 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Basic Regaining, And Accounting questions

Round 2 - One-on-one 

(1 Question)

  • Q1. Its fully technical round
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before May 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

Written test of accounts Questions regarding journal entry,final accounts balance sheet loggical reasoning

Round 2 - One-on-one 

(4 Questions)

  • Q1. Tell me about your self , Questions regarding education history accounts related questions
  • Q2. What you have learned during your mba
  • Q3. Questions regarding hedge fund
  • Q4. Balance sheet questions
Round 3 - HR 

(1 Question)

  • Q1. Salary Discussion

Interview Preparation Tips

Interview preparation tips for other job seekers - Pls prepare basic accounts Questions
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Oct 2022. There were 2 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. What do u mean by structured finance?
  • Ans. 

    Structured finance refers to complex financial instruments created by pooling together various assets and then selling them to investors.

    • Structured finance involves the creation of securities that are backed by a pool of assets such as mortgages, loans, or bonds.

    • These securities are then sold to investors who receive payments based on the cash flows generated by the underlying assets.

    • Structured finance can be used to m...

  • Answered by AI
  • Q2. What do you mean by budgeting?
  • Ans. 

    Budgeting refers to the process of creating a financial plan for a specific period of time.

    • It involves estimating income and expenses

    • It helps in managing finances effectively

    • It can be done for personal or business purposes

    • Examples include creating a monthly budget for household expenses or an annual budget for a company

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest regarding questions regarding studies or anything,bbe straight forward
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before May 2023. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. What is Hedge funds
  • Ans. 

    Hedge funds are investment funds that pool capital from accredited individuals or institutional investors and invest in a variety of assets.

    • Hedge funds are typically only available to accredited investors due to their complex and risky nature.

    • They often use leverage and derivatives to maximize returns.

    • Hedge funds charge both a management fee and a performance fee based on the fund's profits.

    • Examples of hedge funds incl...

  • Answered by AI
Round 2 - HR 

(1 Question)

  • Q1. Salary negotiation

I was interviewed in Aug 2022.

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 

(1 Question)

  • Q1. Tell me about yourself
Round 3 - Technical 

(1 Question)

  • Q1. Golden rules of account
  • Ans. 

    Golden rules of account

    • Maintain accurate and up-to-date records

    • Separate personal and business finances

    • Reconcile accounts regularly

    • Follow the principle of double-entry bookkeeping

    • Ensure proper documentation and authorization for all transactions

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I was selected but did not provide offer letter

I applied via Naukri.com

Interview Questionnaire 

3 Questions

  • Q1. Just normal introduction and experience related questions.
  • Q2. Excel test. 15 marks
  • Q3. Technical questions about account and ms office

Interview Preparation Tips

Interview preparation tips for other job seekers - Be in formal, prepare for excel test, learn normal financial accounting skills.
English communication skill is also important.

Cogneesol Interview FAQs

How many rounds are there in Cogneesol Senior Process Associate interview?
Cogneesol interview process usually has 2-3 rounds. The most common rounds in the Cogneesol interview process are Aptitude Test, One-on-one Round and Resume Shortlist.
How to prepare for Cogneesol Senior Process Associate interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Cogneesol. The most common topics and skills that interviewers at Cogneesol expect are Communication Skills, Customer Focus, Customer Service, Flexible and Insurance Claims.

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based on 2 Cogneesol interviews
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50%
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Cogneesol Senior Process Associate Salary
based on 51 salaries
₹2 L/yr - ₹4.5 L/yr
19% less than the average Senior Process Associate Salary in India
View more details

Cogneesol Senior Process Associate Reviews and Ratings

based on 10 reviews

4.0/5

Rating in categories

3.7

Skill development

4.1

Work-Life balance

3.1

Salary & Benefits

4.1

Job Security

4.1

Company culture

3.5

Promotions/Appraisal

3.9

Work Satisfaction

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