Consero Global Solutions Senior Financial Analyst Interview Questions and Answers

Topic on GDP,11:30 am

Sections would mainly involve:
1. Quantitative Ability
2. Verbal Ability
3. Logical Reasoning and Data Interpretation.

Q1. What do you know about the company?
Ans. 
The company is a leading financial services firm specializing in investment banking and asset management.
• The company was founded in 1985 and is headquartered in New York City.

• It offers a wide range of financial services including mergers and acquisitions, capital raising, and risk management.

• The company has a global presence with offices in major financial centers around the world.

• It has a strong track record of delive...read more
Answered by AI
View 1 more answer
Q2. Are you ready to relocate to Pune?
Ans. 
Yes, I am ready to relocate to Pune.
• I am open to new opportunities and experiences in different locations.

• I have researched and familiarized myself with Pune and its financial industry.

• I am willing to adapt to a new environment and build a life in Pune.

• I have discussed the relocation with my family and they are supportive.

• I am excited about the prospect of working in Pune and contributing to its financial sector.
Answered by AI
Add your answer

Q1. Tell me about yourself.
Ans. 
I am a financial analyst with expertise in financial planning, analysis, and reporting.
• I have a strong background in finance and accounting.

• I am skilled in financial modeling and forecasting.

• I have experience in analyzing financial statements and identifying trends.

• I am proficient in using financial software and tools such as Excel and Bloomberg.

• I have excellent analytical and problem-solving skills.

• I am detail-oriente...read more
Answered by AI
Add your answer
Q2. Strengths and weaknesses
Add your answer
Q3. General format of a cash flow statement
Ans. 
A cash flow statement shows the inflows and outflows of cash for a specific period of time.
• The statement is divided into three sections: operating activities, investing activities, and financing activities.

• Operating activities include cash received from customers and cash paid to suppliers.

• Investing activities include cash spent on purchasing assets and cash received from selling assets.

• Financing activities include cas...read more
Answered by AI
Add your answer

Q1. What is the format of a cash flow statement?
Ans. 
A cash flow statement typically has three sections: operating activities, investing activities, and financing activities.
• The first section shows cash flows from operating activities, such as sales revenue and expenses.

• The second section shows cash flows from investing activities, such as buying or selling assets.

• The third section shows cash flows from financing activities, such as issuing or repaying debt or equity.

• The...read more
Answered by AI
Add your answer
Q2. What is negative working capital?
Ans. 
Negative working capital is when a company's current liabilities exceed its current assets.
• It means the company may have trouble paying its short-term debts

• It can indicate efficient management of inventory and accounts receivable

• Examples include Amazon and Walmart

• It is common in industries with high inventory turnover and short payment cycles
Answered by AI
View 1 more answer
Q3. Why do we subtract increase in current assets in cash flow statement under operating activities?
Ans. 
We subtract increase in current assets in cash flow statement under operating activities to adjust for cash inflows/outflows.
• Increase in current assets means cash is tied up in inventory, accounts receivable, etc.

• This reduces the amount of cash available for operating activities.

• Subtracting this increase adjusts for the cash inflows/outflows.

• Examples include increase in accounts receivable, inventory, prepaid expenses,
Answered by AI
View 2 more answers
Q4. What is the formula for quick ratio?
Ans. 
Quick ratio formula is (Current Assets - Inventory) / Current Liabilities.
• Quick ratio is a measure of a company's ability to meet its short-term obligations.

• It is also known as the acid-test ratio.

• The formula excludes inventory from current assets as it may not be easily converted to cash.

• A quick ratio of 1:1 or higher is considered good.

• Quick ratio = (Current Assets - Inventory) / Current Liabilities.
Answered by AI
Add your answer
Q5. Suppose you have 10000 US dollars with you, out of which you took a loan of 5000 US Dollars. Now suppose you have purchased two assets of 5000 US Dollars each, one through cash and other through bank loan....read more
Ans. 
Answering how to show a transaction involving cash and loan in financial statements.
• The cash purchase of an asset will be shown as a decrease in cash on the cash flow statement and as an increase in assets on the balance sheet.

• The purchase made through bank loan will be shown as an increase in liabilities on the balance sheet and as an increase in cash on the cash flow statement.

• The loan taken will be shown as an incre...read more
Answered by AI
View 2 more answers
Q6. How are financial statements interrelated?
Ans. 
Financial statements are interrelated as they provide different perspectives of a company's financial performance.
• The income statement shows the company's revenue, expenses, and net income, which affects the balance sheet.

• The balance sheet shows the company's assets, liabilities, and equity, which affects the cash flow statement.

• The cash flow statement shows the company's cash inflows and outflows, which affects the in...read more
Answered by AI
Add your answer

Q1. Tell me about yourself and previous company details
Add your answer

Q1. Questions related to knowledge in US mortgage and communication skillls
Add your answer
Q2. What is Forward mortgage
Ans. 
A forward mortgage is a type of mortgage where the borrower receives the entire loan amount upfront and makes regular payments towards the loan over time.
• Borrower receives the full loan amount at the beginning of the loan term

• Regular payments are made towards the loan, typically including both principal and interest

• Interest rates for forward mortgages can be fixed or adjustable

• Common type of mortgage for purchasing a h
Answered by AI
Add your answer
Q3. WhatI reverse mortgage
Ans. 
A reverse mortgage is a type of loan for homeowners age 62 and older that allows them to convert part of the equity in their homes into cash.
• Reverse mortgage borrowers do not have to repay the loan until they sell the home, move out, or pass away.

• The loan amount is based on the value of the home, the borrower's age, and current interest rates.

• Interest on a reverse mortgage is not tax-deductible until the loan is paid o...read more
Answered by AI
Add your answer

Q1. It was an HR round. Basic questions
Add your answer

Q1. It was a Technical round with senior manager
Add your answer