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Columbia Asia Finance Executive Interview Questions, Process, and Tips

Updated 23 Oct 2021

Columbia Asia Finance Executive Interview Experiences

1 interview found

I applied via Naukri.com and was interviewed before Oct 2020. There were 4 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. How do you reconcile BRS
  • Q2. What are various TDS rates
  • Ans. 

    TDS rates vary depending on the type of payment and the recipient's status.

    • TDS rate for salary income is based on the individual's income tax slab rate.

    • TDS rate for rent payment is 10% if annual rent exceeds Rs. 2.4 lakhs.

    • TDS rate for professional fees is 10% if payment exceeds Rs. 30,000 in a financial year.

    • TDS rate for interest income is 10% if the interest exceeds Rs. 40,000 in a financial year.

    • TDS rate for lottery ...

  • Answered by AI
  • Q3. What is month end process
  • Ans. 

    Month end process refers to the activities that are performed at the end of each month to close the books and prepare financial statements.

    • Reconciling accounts

    • Posting adjusting entries

    • Preparing financial statements

    • Reviewing financial performance

    • Closing the books

    • Ensuring compliance with accounting standards

    • Preparing for audits

  • Answered by AI
  • Q4. What is a 3 way matching
  • Ans. 

    A process of matching three documents - purchase order, invoice, and receiving report - to ensure accuracy of payment.

    • Three documents - purchase order, invoice, and receiving report - are compared to ensure accuracy of payment.

    • The purchase order details what was ordered and at what price.

    • The receiving report confirms that the goods were received and in what quantity.

    • The invoice details what was shipped and at what pric...

  • Answered by AI
  • Q5. How do you handle a pressure from patients relatives pertaining to legal issues etc
  • Q6. How do you pass a provision entry and it's reversal
  • Ans. 

    To pass a provision entry, debit the expense account and credit the provision account. To reverse, do the opposite.

    • Debit the expense account and credit the provision account to pass a provision entry

    • To reverse, credit the expense account and debit the provision account

    • Provision entries are made for expected expenses that have not yet been incurred

    • Examples of provision entries include provision for bad debts, provision

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Being confident with decent attitude and behaviour helps

Interview questions from similar companies

Interview experience
1
Bad
Difficulty level
Hard
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Sep 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

Normal Finance Questions

Round 2 - Case Study 

Case study on finance

Round 3 - HR 

(2 Questions)

  • Q1. Family background
  • Q2. Family background married and with kids
  • Ans. 

    Married with two children, supportive family background.

    • Married with two children

    • Supportive family background

    • Family provides emotional and financial support

    • Balancing work and family responsibilities

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Dont apply for this company
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Not Selected

I applied via Campus Placement and was interviewed in Apr 2023. 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 - One-on-one 

(2 Questions)

  • Q1. What are the tax implementations on hospital sector?
  • Q2. Tell me about the new Tax regime ?
  • Ans. 

    The new tax regime was introduced in India in 2020, offering taxpayers the option to choose between the old and new tax slabs.

    • The new tax regime has lower tax rates but fewer deductions and exemptions.

    • Taxpayers can choose between the old and new tax regimes based on which one is more beneficial for them.

    • The new tax regime is aimed at simplifying the tax structure and reducing the tax burden on taxpayers.

    • The new tax reg...

  • Answered by AI

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

Round 1 - One-on-one 

(1 Question)

  • Q1. Walk me through your CV.

Interview Preparation Tips

Interview preparation tips for other job seekers - I had an online interview on MS Teams. Overall, there were basic questions about my background and experience. They asked me when I can start working, about my excel skills.

I applied via Naukri.com and was interviewed before Oct 2021. 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 

(1 Question)

  • Q1. Basic HR questions as in all interviews
Round 3 - Assignment 

Questions about basic accounting concepts (golden rules of accounts and entries) and financial accounting concepts.

Round 4 - One-on-one 

(1 Question)

  • Q1. Accounting entries and accounting concepts
Round 5 - Salary discussion 

(1 Question)

  • Q1. How much percentage you are expecting?

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare accounting concepts and conventions and journal entries alongwith with your rols and responsibilities in present job.

I was interviewed before Jul 2016.

Interview Questionnaire 

2 Questions

  • Q1. Personal information and subject knowledge
  • Q2. Subject knowledge test

Columbia Asia Interview FAQs

How to prepare for Columbia Asia Finance Executive 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 Columbia Asia. The most common topics and skills that interviewers at Columbia Asia expect are Accounting, Finance, Accounts Receivable, Auditing and Credit Appraisal.
What are the top questions asked in Columbia Asia Finance Executive interview?

Some of the top questions asked at the Columbia Asia Finance Executive interview -

  1. How do you pass a provision entry and it's rever...read more
  2. What is a 3 way match...read more
  3. What is month end proc...read more

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Columbia Asia Finance Executive Salary
based on 6 salaries
₹2.1 L/yr - ₹3.9 L/yr
15% less than the average Finance Executive Salary in India
View more details

Columbia Asia Finance Executive Reviews and Ratings

based on 5 reviews

4.9/5

Rating in categories

5.0

Skill development

4.8

Work-life balance

4.8

Salary

4.7

Job security

4.7

Company culture

4.6

Promotions

4.8

Work satisfaction

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