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I applied via Recruitment Consulltant and was interviewed in Feb 2023. There were 3 interview rounds.
The type of working refers to the working hours and schedule of an employee. Leave reasons can vary depending on personal or professional circumstances.
The type of working can be full-time, part-time, or flexible hours.
Leave reasons can include personal reasons like illness, family emergencies, or vacations, as well as professional reasons like attending conferences or training.
Employees may also take leave for materni...
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posted on 13 Dec 2024
1. Role and Responsibilities
Overview of an Accounts Executive's duties: bookkeeping, maintaining financial records, handling accounts payable and receivable, and preparing financial statements.
Ensuring accuracy in financial documentation, managing payroll, and performing reconciliations.
2. Skills Required
Attention to Detail: Accuracy is crucial in financial records and reports.
Proficiency in Accounting Software: Knowledge of tools like Tally, QuickBooks, or ERP systems.
Analytical Skills: Ability to analyze financial data to assist with decision-making.
Communication: Ability to communicate complex financial data in a clear and concise manner.
3. Importance of the Role
Accounts Executives are the backbone of an organization's financial operations, ensuring that all transactions are documented and accurate.
They support senior accountants and finance managers in preparing reports for audits, tax returns, and other financial documentation.
4. Challenges Faced
Handling a large volume of transactions, ensuring compliance with ever-changing tax laws, and meeting deadlines during peak financial periods.
Managing and maintaining records in a fast-paced environment where accuracy is critical.
5. Knowledge of Taxation and Compliance
Understanding of GST, Income Tax, TDS, and other tax-related matters.
Ensuring that the company complies with local and international financial regulations.
6. Technology's Impact
The growing role of automation and AI in accounting, which reduces manual errors and increases efficiency.
The need for continuous learning to stay updated on the latest accounting software and financial regulations.
7. Career Growth
Discuss the opportunities for advancement: Accounts Executives can move into roles like Accounts Manager, Finance Manager, or even CFO, depending on their experience and qualifications.
8. Teamwork and Collaboration
Accounts Executives often work closely with other departments like HR (for payroll), sales (for invoicing), and operations (for budgeting).
Effective collaboration can lead to better financial planning and reporting.
9. Ethical Considerations
The need for ethical practices in handling sensitive financial data, avoiding fraudulent activities, and ensuring transparency in reporting.
10. Work Environment and Culture
Discuss whether the role typically requires long working hours, especially during the closing of accounts, tax season, or audits.
Consider the work-life balance challenges or benefits depending on the organization.
By discussing these points, you can have a comprehensive conversation about the responsibilities, challenges, and opportunities for an Accounts Executive.
I applied via Naukri.com and was interviewed in Feb 2021. There were 3 interview rounds.
I applied via Referral and was interviewed in Dec 2023. There were 3 interview rounds.
I was interviewed in Jan 2024.
I applied via Walk-in
I have 10 years of experience as a Senior Accountant.
I have 10 years of experience in accounting.
I have worked as a Senior Accountant for a decade.
I have extensive knowledge and expertise in financial reporting and analysis.
I have successfully managed complex financial projects and audits.
I have a strong understanding of accounting principles and regulations.
I have experience in budgeting, forecasting, and financial pl...
Yes, I have more than 30 years of experience as a Senior Accountant.
I have been working as a Senior Accountant for over three decades.
During my career, I have gained extensive knowledge and expertise in financial accounting, budgeting, and financial analysis.
I have successfully managed complex financial projects and provided strategic financial guidance to organizations.
I am well-versed in accounting software and have ...
I have worked in various fields including finance, manufacturing, and technology.
Finance: Managed financial statements, budgets, and audits for a multinational corporation.
Manufacturing: Oversaw cost accounting and inventory management for a large manufacturing plant.
Technology: Implemented accounting software and automated financial processes for a tech startup.
Yes, I will coordinate with my seniors.
I believe in effective communication and collaboration with my seniors.
I will seek guidance and support from my seniors when needed.
I will provide regular updates and reports to my seniors.
I will actively participate in team meetings and discussions with my seniors.
I will follow the instructions and directions given by my seniors.
I will share my ideas and suggestions with my senio...
Yes
Yes, I am willing to adjust and work with juniors
I have experience in providing guidance and support to junior accountants
I believe in fostering a collaborative and supportive work environment
I am patient and understanding when it comes to mentoring and training
I can provide examples of instances where I have successfully guided and mentored junior accountants
posted on 26 Jul 2022
Taxation refers to the process of levying taxes on individuals and businesses by the government.
Taxation is a means of generating revenue for the government.
It involves the imposition of taxes on income, goods and services, property, and other transactions.
The collected taxes are used to fund public services such as healthcare, education, and infrastructure.
Taxation policies vary from country to country and can have a ...
posted on 11 Aug 2021
I applied via Walk-in and was interviewed in Jul 2021. There were 3 interview rounds.
The process of vendor invoice booking in SAP involves several steps.
The vendor invoice is received and verified for accuracy.
The invoice is then entered into the SAP system.
The system checks for any discrepancies or errors.
The invoice is then posted and a document number is generated.
The vendor is notified of the payment due date.
The payment is made on the due date.
The payment is then recorded in the SAP system.
Debit note is a document issued by a buyer to a seller, indicating the amount owed due to overbilling or incorrect goods received.
Debit note is issued by the buyer to the seller.
It indicates the amount owed due to overbilling or incorrect goods received.
It is used to request a credit note from the seller.
Debit note includes details like date, invoice number, reason for issuing, and amount owed.
It is an important docume
Reconciliation of vendor invoice booking involves matching vendor invoices with corresponding purchase orders and receipts.
Verify vendor invoice details such as invoice number, date, amount, and items purchased
Match the vendor invoice with corresponding purchase order and receipt
Ensure that the amounts and quantities match between the invoice, purchase order, and receipt
Resolve any discrepancies or issues with the vend...
I applied via Naukri.com and was interviewed in Feb 2021. There were 3 interview rounds.
I applied via Approached by Company and was interviewed before Nov 2021. There were 3 interview rounds.
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