Encore Capital Group Senior Process Associate Interview Questions and Answers

Q1. Can you provide a brief self-introduction?
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Basic aptitude and technical

Q1. Advanced basic and technical
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Q1. Very basics. 1st they ask for our favourite subjects then they'll ask questions from those subjects. Don't go for depth just basics is enough also focus on your internship or project.
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Q1. Feel free to talk and give genuine answers.
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Q1. About candidate introduction
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Q2. Educational background
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Q3. Pervious job description
Ans. 
I was responsible for optimizing manufacturing processes and improving efficiency.
• Analyzed production data to identify bottlenecks and areas for improvement

• Implemented process improvements to increase productivity and reduce waste

• Collaborated with cross-functional teams to develop and implement new manufacturing processes

• Conducted time studies and utilized statistical analysis to optimize cycle times

• Utilized Lean Six S...read more
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Q1. Technical quotation regarding Candidate experience or education
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Q2. Product knowledge regarding your knowledge
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Q1. Requirement gathering
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Q2. Your role in requirement gathering processes
Ans. 
I actively participate in requirement gathering processes by collaborating with stakeholders to understand needs and constraints.
• Collaborate with stakeholders to identify project requirements

• Analyze and document requirements accurately

• Ensure requirements are feasible and align with project goals

• Communicate effectively with team members and stakeholders
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Q1. Introduction your self
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Q2. Basic accounting
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Q1. Advance Excel, pivot vlookup
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Q2. Advance account, US GAAP, IFRS
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Q3. Basic accounting
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Q1. Typing skill with a paragraph
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Q1. What is Accruals
Ans. 
Accruals are expenses incurred but not yet paid or recorded.
• Accruals are expenses that have been incurred but not yet paid for.

• They are recorded in the financial statements to reflect the true financial position of a company.

• Accruals help match expenses with revenues in the same accounting period.

• Examples include accrued salaries, interest, and taxes.

• Accruals are necessary for accurate financial reporting.
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Q2. What prepaid recalss
Ans. 
Prepaid recalls are prepaid expenses that are reversed in the subsequent accounting period.
• Prepaid recalls are expenses that have been paid in advance but are recognized as expenses in the following accounting period.

• They are typically recorded as assets on the balance sheet until they are recognized as expenses.

• Common examples of prepaid recalls include prepaid rent, insurance premiums, and subscription fees.
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Q1. Tell me about yourself
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Q2. What designation you are in previous company ?
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