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Ernst & Young Principal Consultant Interview Questions and Answers

Updated 16 Dec 2024

Ernst & Young Principal Consultant Interview Experiences

2 interviews found

Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is your experience with IFRS 17?
  • Q2. Prior experience of financial reports
  • Ans. 

    I have over 10 years of experience analyzing and preparing financial reports for various clients and organizations.

    • Experience in analyzing income statements, balance sheets, and cash flow statements

    • Proficient in using financial software such as QuickBooks and SAP

    • Ability to identify trends, variances, and anomalies in financial data

    • Experience in presenting financial reports to stakeholders and management

    • Strong attention

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Mar 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Asked questions on BCM practice.
Round 3 - One-on-one 

(1 Question)

  • Q1. Asked about US based banking questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - Try to available before interview schedule time and be confident.

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Q5. What kind of Fast Formulas are used to meet the requirement?

Interview questions from similar companies

I applied via Company Website and was interviewed in Aug 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. My work experience
  • Q2. The kind of work I had done
  • Q3. Technical questions on Accounting standards and auditing and tax matters

Interview Preparation Tips

Interview preparation tips for other job seekers - I would say that you must be very confident about what everything you write in your CV. The interview revolves around yiur CV. One must not brag in the CV and write everything honestly and with proper justification

I applied via Campus Placement and was interviewed in Oct 2020. There were 5 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Why do you want to join Deloitte?
  • Q2. Why should we Hire you?
  • Q3. What are your strength and weakness?

Interview Preparation Tips

Interview preparation tips for other job seekers - During interview candidates must be confident and should be aware of technical knowledge of their field. Apart from technical knowledge candidate must also take parts in extra curricular activities. Do not give incorrect information at all.. Be genuine and bold in answering questions.

I applied via LinkedIn and was interviewed in Feb 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Core java and Selenium

Interview Preparation Tips

Interview preparation tips for other job seekers - Very easy to crack.
You should be confident on what you say
Core knowledge is enough

Interview Questionnaire 

3 Questions

  • Q1. Do you know solution manager
  • Ans. 

    Yes, Solution Manager is a software tool used for managing SAP systems.

    • Solution Manager provides functionalities such as system monitoring, issue tracking, and change management.

    • It helps in managing the entire lifecycle of SAP applications.

    • It also provides a central repository for documentation and knowledge management.

    • Examples of Solution Manager functionalities include SAP EarlyWatch Alert, Business Process Operation...

  • Answered by AI
  • Q2. Do you know tool ALM
  • Ans. 

    Yes, ALM stands for Application Lifecycle Management.

    • ALM is a set of processes and tools used to manage the entire lifecycle of an application.

    • It includes requirements management, design, development, testing, deployment, and maintenance.

    • Examples of ALM tools include Microsoft Visual Studio Team Services, IBM Rational Team Concert, and HP Application Lifecycle Management.

  • Answered by AI
  • Q3. Which development methodology is used water fall or agile
  • Ans. 

    It depends on the project requirements and team preferences.

    • Waterfall is a linear approach while Agile is iterative.

    • Waterfall is best suited for projects with well-defined requirements.

    • Agile is best suited for projects with changing requirements.

    • Waterfall requires extensive planning upfront while Agile focuses on adaptability.

    • Examples of companies using Agile include Spotify and Google.

    • Examples of companies using Water

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - All most all companies are asking whether you have experience in S4 HANA So if you did not done any S4 HANA implementation try to know about S4 HANA system and tell to interviewers that I have idea but did not done implementation

Skills evaluated in this interview

Interview Questionnaire 

1 Question

  • Q1. Questions on Audit approach, controls.

Interview Preparation Tips

Interview preparation tips for other job seekers - good experience.

I applied via Naukri.com and was interviewed in Nov 2020. There were 6 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Java basics, projects you worked on, advanced Java, spring architecture, db real time scenario.

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be confident and answer well. You can do it.

I applied via Referral and was interviewed in Dec 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. As SAP PP consultant - What type of industry you worked on?scenario based questions? Tell us one situation where you stuck and how did you solve it? Difference BTW process and discrete industry? questions ...

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare basic questions ex difference BTW sap r3 and s4 hana, basic questions of other module as well

I applied via Naukri.com and was interviewed in Jan 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Java fundamentals, basic problem solving, data structures and algorithms..geeks for geeks is more than enough

Interview Preparation Tips

Interview preparation tips for other job seekers - be bold and confidence, they are checking attitude.. if you're positive and ready to face any situation you will also get this opportunity.

Ernst & Young Interview FAQs

How many rounds are there in Ernst & Young Principal Consultant interview?
Ernst & Young interview process usually has 2 rounds. The most common rounds in the Ernst & Young interview process are One-on-one Round and Resume Shortlist.
How to prepare for Ernst & Young Principal Consultant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Ernst & Young. The most common topics and skills that interviewers at Ernst & Young expect are Fund Administration, Hyperion Essbase, Hyperion Planning, Maintenance Activities and PBCS.
What are the top questions asked in Ernst & Young Principal Consultant interview?

Some of the top questions asked at the Ernst & Young Principal Consultant interview -

  1. Prior experience of financial repo...read more
  2. Asked about US based banking questio...read more
  3. Asked questions on BCM practi...read more

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Ernst & Young Principal Consultant Interview Process

based on 2 interviews

Interview experience

4.5
  
Good
View more

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Ernst & Young Principal Consultant Salary
based on 128 salaries
₹18 L/yr - ₹34 L/yr
At par with the average Principal Consultant Salary in India
View more details

Ernst & Young Principal Consultant Reviews and Ratings

based on 14 reviews

3.5/5

Rating in categories

3.8

Skill development

3.1

Work-life balance

4.0

Salary

3.5

Job security

3.1

Company culture

2.8

Promotions

3.6

Work satisfaction

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