Equitas Small Finance Bank Area Receivables Manager Interview Questions and Answers

Q1. Tell me something about your experience ?
Ans. 
Experienced Area Receivable Manager with a strong background in optimizing collections and improving cash flow.
• Managed a team of 10 in the receivables department, improving collection efficiency by 25%.

• Implemented a new invoicing system that reduced billing errors by 30%.

• Developed strong relationships with clients, leading to a 15% increase in on-time payments.

• Conducted regular training sessions for staff on best pract...read more
Answered by AI
View 2 more answers
Q2. Introduce yourself.
Ans. 
Experienced Accounts Receivable Manager with a strong background in financial management and team leadership.
• Over 8 years of experience in accounts receivable management, leading teams to improve cash flow and reduce DSO.

• Successfully implemented a new invoicing system that reduced billing errors by 30%, enhancing customer satisfaction.

• Skilled in analyzing financial data to identify trends and develop strategies for imp...read more
Answered by AI
View 1 more answer
Q3. What all the products you have handled throughout your career ?
Ans. 
I have handled a wide range of products throughout my career.
• Electronics: Managed the receivables for various electronic products such as smartphones, laptops, and televisions.

• Automotive: Oversaw the accounts receivable for automotive parts and accessories.

• Consumer Goods: Handled receivables for a variety of consumer goods including clothing, household appliances, and personal care products.

• Industrial Equipment: Manage...read more
Answered by AI
View 2 more answers
Q4. What your book size in current company and what are bucket you handling and how many branches you have handled and what is your team size ?
Ans. 
I currently manage a book size of $10 million in my current company. I handle buckets A, B, and C. I have handled 5 branches and my team size is 10 members.
• Book size: $10 million

• Buckets handled: A, B, C

• Branches handled: 5

• Team size: 10 members
Answered by AI
View 3 more answers
Q5. How you handle the pressure in BFSI ??
Ans. 
I handle pressure in BFSI by staying organized, prioritizing tasks, and maintaining open communication with team members.
• Prioritize tasks based on urgency and importance

• Break down complex tasks into smaller, manageable steps

• Delegate tasks when necessary to lighten the workload

• Practice stress-relief techniques such as deep breathing or taking short breaks

• Maintain open communication with team members to share concerns an...read more
Answered by AI
Add your answer
Q6. How will motivate your team member if he is not performing well ?? What are measures you will take to improve his performance?
Ans. 
To motivate a struggling team member, I would assess their challenges, provide support, and set clear goals for improvement.
• Conduct a one-on-one meeting to understand their challenges and concerns.

• Set clear, achievable performance goals with timelines to track progress.

• Provide regular feedback and recognition for small improvements to boost morale.

• Offer additional training or resources to help them develop necessary sk...read more
Answered by AI
Add your answer
Q7. Why you wana change your current job and how well you now about our organisation ?
Ans. 
I am looking for new challenges and growth opportunities. I have researched and familiarized myself with your organization.
• Seeking new challenges and growth opportunities

• Researched and familiarized myself with the organization

• Excited about the potential alignment of my skills and the company's goals
Answered by AI
View 1 more answer
Q8. Where you will see yourself in next 5 years ??
Add your answer
Q9. What is your long term goal and short term goals in your life ?
Add your answer
Q10. How you came to know about vacancy in our organisation ?
Add your answer

Q1. Introduce yourself
Add your answer
Q2. Tell me something about your experience
Add your answer
Q3. How well you know about our company and how you about this vacancy
Add your answer
Q4. What is your book size in your current company and which bucket your handling and what is your team size and how many branches your handling?
Ans. 
My current book size is $X million, handling buckets X, Y, and Z. I manage a team of X members across X branches.
• Book size is $X million

• Handling buckets X, Y, and Z

• Team size of X members

• Managing X branches
Answered by AI
Add your answer
Q5. How your plan your day to day activities according to your KRA?
Add your answer
Q6. How will you achieve your weekly and monthly targets by driving your team members?
Add your answer
Q7. How will you motivate your team members If he is not performing upto the mark. How will you motivate him and make sure he will achieve his Target consistently ?
Add your answer
Q8. How you handle pressure? And how you will maintain good portfolio through the years ??
Add your answer
Q9. How you manage and tackle with strategic kind of customers ?? Will you directly meet them or you will drive your team members to follow up with them ?
Ans. 
I believe in a combination of direct meetings and team follow-ups to effectively manage strategic customers.
• I would start by directly meeting with the strategic customers to build a strong relationship and understand their needs and expectations.

• I would then delegate follow-up tasks to my team members to ensure consistent communication and support for the customers.

• Regular team meetings and updates would be essential t...read more
Answered by AI
Add your answer
Q10. What is your expected CTC
Ans. 
My expected CTC is negotiable based on the responsibilities and benefits offered by the company.
• My expected CTC is based on my experience, skills, and the market rate for similar positions.

• I am open to discussing the compensation package, including salary, bonuses, and benefits.

• I am looking for a competitive salary that reflects my qualifications and contributions to the company.

• I am also interested in opportunities fo...read more
Answered by AI
Add your answer

If the X- Bucket customer not able to pay them how will you tackle the situation and make sure the payment are done ?? what all the measures and strategies you will implement to achieve this ?

Q1. Share Experience
Add your answer

Q1. About Process & Legal Knowledge
Add your answer
Q2. About Experience
Add your answer

Q1. Question was on my experience and present Job profile. Also more focus was on my Managerial Skills
Add your answer

Q1. This was more on my experience and relevant Certificates and Projects.
Add your answer