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Deloitte Engagement Financial Advisor Interview Questions, Process, and Tips
Top Deloitte Engagement Financial Advisor Interview Questions and Answers
- Q1. What steps would you take to procure headsets for Deloitte employees?
- Q2. How do you follow up on accounts receivables?
- Q3. Difference between budget and forecast
Deloitte Engagement Financial Advisor Interview Experiences
12 interviews found
Anonymous
I applied via Recruitment Consultant and was interviewed before Sep 2020. There were 4 interview rounds.
Interview Questionnaire
3 Questions
- Q1. How do you follow up on accounts receivables?
- Ans.
Regular follow-ups, clear communication, and timely reminders are key to managing accounts receivables.
Set clear payment terms and communicate them to clients
Send invoices promptly and follow up with reminders
Establish a regular follow-up schedule for overdue payments
Maintain accurate records of all transactions
Consider offering incentives for early payment or penalties for late payment
- Q2. Difference between budget and forecast
- Ans.
Budget is a plan for future income and expenses, while forecast is a prediction of future financial performance.
Budget is a financial plan that outlines expected income and expenses for a specific period of time, usually a year.
Forecast is a prediction of future financial performance based on past performance and current trends.
Budget is more rigid and inflexible, while forecast is more flexible and adaptable to change...
- Q3. MBA project based questions
Interview Preparation Tips
I applied via Approached by Company and was interviewed before Feb 2021. There were 4 interview rounds.
(2 Questions)
- Q1. Questions on Financial statements
- Q2. Questions on management
Versant round which tests speaking and listening skills
Excel test on basic excel skills and Email drafting
(2 Questions)
- Q1. Questions on day to day tasks in the role
- Q2. Questions on budgeting and forecasting
Selected
I applied via Approached by Company and was interviewed in Dec 2023. There were 3 interview rounds.
(1 Question)
- Q1. Concepts on budgeting and forecasting
Excel spreadsheet problems
Just few hypothetical scenarios
Interview Preparation Tips
- Budgeting
- Forecasting
- fpna
What people are saying about Deloitte
(2 Questions)
- Q1. Accounting related
- Q2. Project management
Deloitte interview questions for designations
Selected
I applied via campus placement at Christ University, Bangalore and was interviewed before Dec 2023. There were 2 interview rounds.
It is mostly the basic arithmetic which you would be asked to solve.
(3 Questions)
- Q1. What steps would you take to procure headsets for Deloitte employees?
- Ans.
I would research different headset options, obtain quotes from vendors, consider employee preferences, and negotiate bulk pricing.
Research different headset options available in the market
Obtain quotes from multiple vendors to compare pricing
Consider employee preferences such as comfort, noise cancellation, and connectivity options
Negotiate bulk pricing with selected vendor to save costs
- Q2. Could you explain the internship program and your findings from the internship?
- Q3. What was your proudest moment in life?
Apoorva Vinjamoori
Selected
I applied via Approached by Company and was interviewed before Sep 2023. There were 2 interview rounds.
The interview initially started with tell abt yourself and then it went on testing basic finance concepts and then it was a project management question, where they had give a. Case study , here they had asked how to effectively reduce cost in a project.
(1 Question)
- Q1. Here the discussion was why Deloitte, how you see urself in 5 years and salary expectations.
Interview Preparation Tips
Selected
I applied via Company Website and was interviewed before Jun 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about yourself
- Q2. Why do you want to join deloitte
(2 Questions)
- Q1. Explain one project which you’ve led and how does your current organization generate revenue
- Q2. Questions about sumif, countif, types of contract, what is EL
I applied via Company Website and was interviewed in Jun 2022. There were 2 interview rounds.
(1 Question)
- Q1. Excel skills budgeting and forecasting
(1 Question)
- Q1. Excel skills, Service based company revenue expenses, communication with teammates and offshore
Interview Preparation Tips
- Budgeting
- Forecasting
Selected
I applied via Referral and was interviewed before Apr 2023. There were 2 interview rounds.
(1 Question)
- Q1. How do you deal with work pressure
(1 Question)
- Q1. Difference between budget and forecast
- Ans.
Budget is a plan for future expenses, while forecast is a prediction of future financial outcomes.
Budget is a detailed financial plan for a specific period, outlining expected income and expenses.
Forecast is an estimate of future financial outcomes based on past data and trends.
Budget is usually set at the beginning of a period, while forecasts can be updated regularly based on new information.
Budgets are more rigid an...
Interview Preparation Tips
Selected
I applied via Approached by Company and was interviewed before Mar 2023. There was 1 interview round.
(2 Questions)
- Q1. Basic financial terms and their meaning
- Q2. Advance Excel formula
- Ans.
Advance Excel formula refers to complex functions and operations in Excel for data analysis and manipulation.
Use functions like VLOOKUP, INDEX-MATCH, SUMIF, COUNTIF for advanced data analysis.
Learn how to use array formulas for performing calculations on multiple cells at once.
Understand how to use conditional formatting to highlight important data points.
Explore pivot tables for summarizing and analyzing large dataset...
Interview Preparation Tips
Skills evaluated in this interview
Selected
I was interviewed before Feb 2023.
(2 Questions)
- Q1. Forecasting budgeting
- Q2. Excel, cost, project management
Deloitte Interview FAQs
The duration of Deloitte Engagement Financial Advisor interview process can vary, but typically it takes about less than 2 weeks to complete.
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Deloitte Engagement Financial Advisor Interview Process
based on 11 interviews
2 Interview rounds
- Technical Round - 1
- Technical Round - 2
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Deloitte Engagement Financial Advisor Reviews and Ratings
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