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Ernst & Young Senior Financial Analyst Interview Questions and Answers

Updated 23 Jun 2022

Ernst & Young Senior Financial Analyst Interview Experiences

1 interview found

I applied via Naukri.com and was interviewed in Dec 2021. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. They will ask for your you have done.
  • Q2. What are the challenges you haved faced in your recent job and how dis yoy resolve it?
Round 2 - One-on-one 

(1 Question)

  • Q1. If you're runnimg short on time and believe you'll miss a deadline. How would you respond?
  • Ans. 

    I would immediately communicate with my supervisor and team to discuss options and prioritize tasks to meet the deadline.

    • Notify supervisor and team of potential delay

    • Discuss options and prioritize tasks

    • Work efficiently and effectively to meet the deadline

    • Consider delegating tasks or seeking additional resources if necessary

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be truthful and confident. You'll be asked a lot of questions about your work.

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in May 2024. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. Elaborate a real business scenario where you have acted promptly and used analytics to solve the problem
  • Ans. 

    Implemented predictive analytics to optimize inventory management in a retail company

    • Identified key performance indicators (KPIs) related to inventory turnover and stockouts

    • Utilized historical sales data and market trends to forecast demand accurately

    • Implemented a dynamic pricing strategy based on demand forecasts to reduce excess inventory and increase sales

  • Answered by AI
  • Q2. Tell us about yourself ?
  • Q3. Run us through thr P&L
  • Ans. 

    The Profit and Loss statement summarizes a company's revenues, costs, and expenses during a specific period of time.

    • The P&L starts with total revenue at the top, followed by cost of goods sold (COGS) to calculate gross profit.

    • Operating expenses such as salaries, rent, and utilities are then deducted to get operating income.

    • Other income and expenses, taxes, and net income are included at the bottom of the statement.

    • Exam...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. How do you handle error while coding
  • Ans. 

    I carefully review my code, identify the error, and troubleshoot until it is resolved.

    • Review the code to identify the error

    • Use debugging tools to pinpoint the issue

    • Consult with colleagues or seek help online if needed

    • Test the code after making corrections to ensure it is error-free

  • Answered by AI
  • Q2. How would reduce the data size.
  • Ans. 

    Reduce data size by removing unnecessary columns, aggregating data, using data compression techniques, and optimizing data storage.

    • Remove unnecessary columns that are not being used in analysis

    • Aggregate data by grouping similar data points together

    • Use data compression techniques like gzip or snappy to reduce file size

    • Optimize data storage by using efficient data structures and algorithms

    • Consider using data deduplicatio

  • Answered by AI
  • Q3. Questions about PowerBI such as live connection, how data is pulled?

Skills evaluated in this interview

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Technical questions
  • Q2. Financial latest terms

I applied via Company Website and was interviewed in Nov 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Very conversational style of questions unlike other firms. Prepare your resume well and build a good story to describe your overall professional journey

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest to the point and try giving examples from your work experience to justify points like stakeholder management; communication skills; change management etc.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Referral and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Provide SOP for Account Payables.
  • Ans. 

    SOP for Account Payables involves verifying invoices, obtaining approvals, processing payments, and reconciling accounts.

    • Verify invoices against purchase orders and receipts

    • Obtain necessary approvals for payment

    • Process payments accurately and timely

    • Reconcile accounts to ensure accuracy

    • Maintain proper documentation for audit purposes

  • Answered by AI
  • Q2. What is turnover discount?
  • Ans. 

    Turnover discount is a reduction in price offered to customers who purchase a large quantity of goods or services.

    • Turnover discount is commonly used in retail and wholesale industries to incentivize bulk purchases.

    • The discount amount typically increases with the quantity purchased.

    • For example, a supplier may offer a 10% turnover discount for customers who buy 100 units of a product.

    • Turnover discount helps businesses in...

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

I applied via Referral and was interviewed in Jun 2024. There was 1 interview round.

Round 1 - Aptitude Test 

It was very much related to the Accounting Principles and Core Accounting.

Interview Preparation Tips

Topics to prepare for Mott MacDonald Financial Analyst interview:
  • Journal entries
  • Theory
  • Accounting principles
  • Calculation of eps and diluted e
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Naukri.com and was interviewed before Aug 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. What is cloud finance?
  • Ans. 

    Cloud finance refers to the use of cloud computing technology in financial management and analysis.

    • Cloud finance allows for remote access to financial data and tools from any location with internet connection.

    • It enables real-time collaboration among financial analysts and stakeholders.

    • Cloud finance solutions often include features such as automated data syncing, advanced security measures, and scalability.

    • Examples of c...

  • Answered by AI
  • Q2. Explain the invoice cycle, billing period & Payment terms?
  • Ans. 

    The invoice cycle, billing period, and payment terms are key components of the financial transaction process.

    • Invoice cycle refers to the time period between issuing an invoice and receiving payment.

    • Billing period is the duration for which goods or services are provided before invoicing.

    • Payment terms specify when payment is due after the invoice is issued.

    • Common payment terms include Net 30 (payment due in 30 days), Net...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant

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 - Resume Shortlist 

(1 Question)

  • Q1. Everything in resume will be asked and technical questions too
Round 3 - Technical 

(1 Question)

  • Q1. Technical questions related to the role applied.
Round 4 - FIT 

(1 Question)

  • Q1. Behavioral questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident in delivering your answers. They give importance to our competence.
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. What is cash flow statement, budgeting, forecasting Examples of cash flow statements
  • Ans. 

    Cash flow statement shows the inflow and outflow of cash, budgeting is planning for future expenses, forecasting is predicting financial outcomes.

    • Cash flow statement shows the sources and uses of cash in a business

    • Budgeting involves setting financial goals and creating a plan to achieve them

    • Forecasting involves predicting future financial outcomes based on historical data

    • Examples of cash flow statements include operati...

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. Salary expectations

Ernst & Young Interview FAQs

How many rounds are there in Ernst & Young Senior Financial Analyst interview?
Ernst & Young interview process usually has 2 rounds. The most common rounds in the Ernst & Young interview process are One-on-one Round.
How to prepare for Ernst & Young Senior Financial Analyst 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 Cash Flow, Treasury, Treasury Operations, Accounting and Business Transformation.

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Ernst & Young Senior Financial Analyst Salary
based on 142 salaries
₹4.5 L/yr - ₹13.6 L/yr
8% more than the average Senior Financial Analyst Salary in India
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based on 15 reviews

3.4/5

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3.5

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3.0

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3.3

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3.2

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3.7

Company culture

3.0

Promotions

3.0

Work satisfaction

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