Consero Global Solutions Senior Financial Analyst Interview Questions and Answers

Aptitude, accounting, communication tests link were send and within one day we have to finish it. It was ok .

Q1. Diff between forecasting and budgeting, sale of assets and their effects in fs, provision for doubtful debt entry, unrealised/ realised gain and loss meaning, what are we check if there is any diff between...read more
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Answering questions related to financial analysis including forecasting, budgeting, sale of assets, provision for doubtful debt, and budget vs actuals.
• Forecasting involves predicting future financial performance while budgeting involves setting financial goals and targets.

• Sale of assets can impact financial statements through gains or losses.

• Provision for doubtful debt is an estimate of potential bad debts and is recor...read more
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Q2. Based on JD what you understand about the job and how will be your work
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Q1. Walk through all the financial statements Sale of FA with JE and its impact on 3 financial statements Cash sales and credit sales How would you allocate rent for 3 different divisions Diff between forecas...read more
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Answering questions related to financial statements and allocation of expenses
• The financial statements include the income statement, balance sheet, and cash flow statement

• Sale of FA impacts the income statement, balance sheet, and cash flow statement through depreciation and gain/loss on sale

• Cash sales and credit sales impact the income statement and cash flow statement differently

• Allocation of rent can be based on squ...read more
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Q1. Walk through the profile Reason for job change Why do you want to work for Consero
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It's related to accounts and general English as well as logical reasoning.

Q1. What is your highest qualification?
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Q2. What do you mean by variance analysis?
Ans. 
Variance analysis is the process of comparing actual financial results to planned or expected results to identify and explain differences.
• Variance analysis helps in understanding the reasons for deviations from the budget or forecast.

• It involves analyzing the differences between actual and expected revenues, expenses, or other financial metrics.

• Variance analysis can be used to identify areas of improvement, cost-saving...read more
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Q3. More questions will comes from capital budgeting and related stuffs.
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