Estire Research & Analytics - An OSTC Group Company Operations Manager Interview Questions and Answers

I proposed implementing a budget tracking system to monitor and control unallocated funds.

• Suggested implementing a budget tracking system to monitor expenses

• Proposed regular reviews of budget to identify areas of overspending

• Suggested reallocating funds from low-priority projects to high-priority ones

• Proposed implementing a system to track and analyze spending patterns

• Suggested involving department heads in budget plan

To reduce errors and maintain SLA, proper training, clear communication, and regular quality checks are necessary.

• Provide comprehensive training to employees on processes and procedures

• Ensure clear communication between team members and with clients

• Implement regular quality checks to identify and address errors

• Use technology and automation to streamline processes and reduce human error

• Establish contingency plans to add...read more

I would rate myself at 8 on a scale of 1 to 10.

• I have relevant experience and skills for the position

• I am confident in my ability to lead and manage a team

• I am always willing to learn and improve

• I believe there is always room for growth and development

• I am committed to achieving success for the company and myself

The difference between reserve and provision, reasons for intercompany differences, deferred tax meaning, creating deferred tax assets and liabilities, and writing off deferred tax assets.

• Reserve is an appropriation of profits for a specific purpose, while provision is a charge against profits for an anticipated expense.

• Intercompany differences can arise due to different accounting policies, timing differences, or erro...read more