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EXL Service Accountant Interview Questions, Process, and Tips

Updated 19 Dec 2024

Top EXL Service Accountant Interview Questions and Answers

View all 8 questions

EXL Service Accountant Interview Experiences

4 interviews found

Accountant Interview Questions & Answers

user image Anonymous

posted on 19 Dec 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(5 Questions)

  • Q1. What type account
  • Ans. 

    The type of account refers to the classification of accounts based on their nature and purpose.

    • There are five main types of accounts: assets, liabilities, equity, revenue, and expenses.

    • Assets are resources owned by the company, such as cash, inventory, and equipment.

    • Liabilities are obligations owed by the company, such as loans and accounts payable.

    • Equity represents the owner's stake in the business.

    • Revenue is the inco...

  • Answered by AI
  • Q2. What is bank reconciliation
  • Ans. 

    Bank reconciliation is the process of comparing and matching the balances in a company's accounting records with the balances on its bank statement.

    • Bank reconciliation helps ensure that all transactions are recorded accurately in the company's books.

    • It involves comparing the company's records of its bank account with the bank statement to identify any discrepancies.

    • Common reasons for discrepancies include outstanding c...

  • Answered by AI
  • Q3. Any five tangible Assets
  • Ans. 

    Tangible assets are physical assets that can be seen and touched.

    • Real estate

    • Machinery

    • Vehicles

    • Inventory

    • Furniture and fixtures

  • Answered by AI
  • Q4. What is current Assets
  • Ans. 

    Current assets are assets that are expected to be converted into cash or used up within one year.

    • Includes cash, accounts receivable, inventory, and prepaid expenses

    • Listed on the balance sheet under assets

    • Helps determine a company's liquidity and ability to pay off short-term obligations

  • Answered by AI
  • Q5. Gold rule of Accounting
  • Ans. 

    The gold rule of accounting states that debits must equal credits in every financial transaction.

    • Debits must always equal credits in accounting entries

    • It is the foundation of double-entry accounting

    • Helps ensure accuracy and balance in financial records

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Are you looking for advice on job searching, resume building, interview preparation, or something specific

Accountant Interview Questions & Answers

user image Ravi Kukreti

posted on 30 Jan 2024

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

I applied via Walk-in and was interviewed in Dec 2023. There were 2 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Just asked your resume
Round 2 - Technical 

(1 Question)

  • Q1. Bank statement , TDs , gst r1 and 3b

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confidence and must suggest improve your communication

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Q5. What is accountant and how many basic rules are there

Accountant Interview Questions & Answers

user image Anonymous

posted on 10 Dec 2023

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
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 - Technical 

(2 Questions)

  • Q1. What is the journal entry for accounts payable
  • Ans. 

    The journal entry for accounts payable is a credit to accounts payable and a debit to the corresponding expense or asset account.

    • Accounts payable is a liability account that represents the amount owed to suppliers or vendors for goods or services received.

    • When recording the journal entry for accounts payable, the accounts payable account is credited to increase the liability.

    • The corresponding expense or asset account i...

  • Answered by AI
  • Q2. What is the journal entries for acvounts recievable
  • Ans. 

    Journal entries for accounts receivable record the increase and decrease in the amount owed by customers.

    • When a sale is made on credit, the journal entry debits accounts receivable and credits sales revenue.

    • When a customer makes a payment, the journal entry debits cash and credits accounts receivable.

    • If a customer returns goods, the journal entry debits sales returns and allowances and credits accounts receivable.

    • If an...

  • Answered by AI

Accountant Interview Questions & Answers

user image Anonymous

posted on 9 Jan 2022

I applied via Recruitment Consultant and was interviewed in Dec 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. What is working capital. Why working capital negative
  • Ans. 

    Working capital is the measure of a company's liquidity and operational efficiency. It represents the difference between current assets and current liabilities.

    • Working capital is the amount of money available to a company for its day-to-day operations.

    • It is calculated by subtracting current liabilities from current assets.

    • Positive working capital indicates that a company has enough assets to cover its short-term liabil...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Dnt over smart. Listening properly. Be smart at that time.

EXL Service interview questions for designations

 Executive Accountant

 (5)

 Financial Accountant

 (1)

 Junior Accountant

 (1)

 Accounts Payable Accountant

 (1)

 Accounts Payable Associate

 (5)

 Accounts Payable Executive

 (5)

 Financial Analyst

 (3)

 Financial Associate

 (2)

Interview questions from similar companies

I appeared for an interview before Jun 2016.

Interview Questionnaire 

6 Questions

  • Q1. What is a bond? What are different types of bonds?
  • Ans. 

    A bond is a debt security that represents a loan made by an investor to a borrower.

    • Bonds are issued by governments, municipalities, and corporations.

    • They are used to raise capital and finance projects.

    • Different types of bonds include government bonds, corporate bonds, municipal bonds, and convertible bonds.

    • Government bonds are issued by national governments and are considered low-risk.

    • Corporate bonds are issued by comp...

  • Answered by AI
  • Q2. Tell us something about your specialisation subjects of BBA
  • Ans. 

    My specialisation subjects in BBA include marketing, finance, human resource management, and operations management.

    • Marketing involves understanding consumer behavior and creating strategies to promote products or services.

    • Finance focuses on managing funds, investments, and financial planning.

    • Human resource management deals with recruiting, training, and managing employees.

    • Operations management involves overseeing produ...

  • Answered by AI
  • Q3. Which is your favourite subject? Describe about it
  • Ans. 

    My favorite subject is history because I enjoy learning about past events and how they have shaped the world we live in today.

    • I find studying different time periods and cultures fascinating

    • I enjoy analyzing historical documents and artifacts

    • I like understanding how historical events have influenced current societies and politics

  • Answered by AI
  • Q4. Are you comfortable in night shifts
  • Ans. 

    Yes, I am comfortable with night shifts as I have prior experience working in night shifts.

    • I have previous experience working night shifts in my previous job.

    • I am able to adjust my sleep schedule to accommodate night shifts.

    • I understand the importance of being alert and focused during night shifts.

    • I am willing to work night shifts if required for the role.

  • Answered by AI
  • Q5. What are your hobbies
  • Ans. 

    My hobbies include hiking, painting, and playing the guitar.

    • Hiking: I enjoy exploring nature trails and challenging myself physically.

    • Painting: I find relaxation and creativity in expressing myself through art.

    • Playing the guitar: I love learning new songs and improving my musical skills.

  • Answered by AI
  • Q6. Where do your parents and siblings work
  • Ans. 

    My parents work in education and my siblings work in finance and healthcare.

    • Parents work in education

    • Siblings work in finance and healthcare

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: In this round there was an online test which had objective and subjective questions regarding the mentioned sections.
Duration: 1 hour
Total Questions: 30

Round: Technical Interview
Experience: The interviewer asked such questions about my graduation subjects and a little about how familiar I am of the work the company deals in.

Round: HR Interview
Experience: This round had the HR person ask general questions about my hobbies and about my family background and also told me about the company, its culture and the salary structure

College Name: Maharaja Surajmal Institute Of Technology

I appeared for an interview before May 2016.

Interview Questionnaire 

4 Questions

  • Q1. Tell us about yourself
  • Ans. 

    I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.

    • I have a Bachelor's degree in Statistics and experience working with large datasets

    • Proficient in statistical software such as R and Python

    • Skilled in identifying trends and patterns to provide actionable insights

    • Strong communication skills to present findings to stakeholders

  • Answered by AI
  • Q2. Why did your CGPA decrease consistently after you 1st year?
  • Ans. 

    My CGPA decreased consistently after my 1st year due to various factors.

    • I faced challenges in adjusting to the new academic environment in my first year.

    • I had to balance my studies with extracurricular activities and part-time jobs.

    • I struggled with certain subjects or courses that were more challenging for me.

    • I may have experienced personal or health issues that affected my academic performance.

    • I learned from my mistak...

  • Answered by AI
  • Q3. What do you know about us?
  • Ans. 

    The company is a leading financial services firm specializing in investment analysis and research.

    • Specializes in investment analysis and research

    • Considered a leader in the financial services industry

    • Known for providing high-quality financial advice and recommendations

  • Answered by AI
  • Q4. You mentioned that you have interest in cricket. Can you name at least 3 cricketers from the 70s?
  • Ans. 

    Some cricketers from the 70s include Sunil Gavaskar, Dennis Lillee, and Clive Lloyd.

    • Sunil Gavaskar was a legendary Indian batsman known for his technique and consistency.

    • Dennis Lillee was a fearsome Australian fast bowler who dominated the cricketing world in the 70s.

    • Clive Lloyd was a West Indian cricketer who captained the team to two consecutive World Cup victories in 1975 and 1979.

  • Answered by AI

Interview Preparation Tips

Round: Test
Duration: 1 hour 30 minutes

Round: Group Discussion
Experience: Fortunately I had a general idea about this topic and had some ideas and examples in mind to support my case. Though, that wasn't the case with everyone else.
Tips: Read Quora answers and be aware of current affairs
Duration: 15 minutes

College Name: Manipal Institute Of Technology, Manipal

Analyst Interview Questions & Answers

Mu Sigma user image Nimish Bajaj

posted on 7 May 2017

I appeared for an interview in Sep 2016.

Interview Questionnaire 

1 Question

  • Q1. About internships About projects Use cases Puzzels About your personality

Interview Preparation Tips

Round: Test
Experience: Only 70 filtered through this round out of 500
Tips: Prepare using any CAT book
Duration: 1 hour
Total Questions: 60

Round: Group Activity
Experience: 10 people were called together for this round, 2 or 3 people were selected
Tips: It is a GA
Don't keep a firm stand
Agree with others, have respect
Try to conclude well
Show team work skills

Round: Technical + HR Interview
Experience: Very long and detailed Interview
Tips: Just be honest, the guy taking your interview is leaps and bounds smarter than you

Skills: Analytical, Communication, Team Player
College Name: MSIT GGSIPU

Interview Questionnaire 

8 Questions

  • Q1. Questions on Summer Internship
  • Q2. What are your 2 Weaknesses ? Explain them to me ?
  • Ans. 

    I tend to overthink and can be too self-critical at times.

    • I often spend too much time analyzing details and can lose sight of the bigger picture.

    • I sometimes struggle with making decisions quickly due to overthinking.

    • I can be too hard on myself and take criticism too personally.

    • For example, in my previous job, I spent too much time perfecting a project and missed the deadline.

    • Another example is when I received construct...

  • Answered by AI
  • Q3. What is the process of launching a new product to market ? Explain each step ?
  • Ans. 

    Launching a new product involves several steps, from ideation to market launch.

    • Conduct market research to identify customer needs and preferences

    • Develop a product concept and create a prototype

    • Test the product with focus groups and make necessary adjustments

    • Create a marketing plan and determine pricing strategy

    • Launch the product and monitor sales and customer feedback

    • Make any necessary improvements or adjustments based...

  • Answered by AI
  • Q4. Difference between Primary and Secondary Research ?
  • Ans. 

    Primary research is original research conducted by the researcher, while secondary research is based on existing research.

    • Primary research involves collecting new data through surveys, interviews, experiments, etc.

    • Secondary research involves analyzing existing data from sources like books, journals, websites, etc.

    • Primary research is more time-consuming and expensive than secondary research.

    • Secondary research is useful ...

  • Answered by AI
  • Q5. Guesstimate : No of traffic signals between Aurangabad and Pune.
  • Ans. 

    There are approximately 50-60 traffic signals between Aurangabad and Pune.

    • Consider the distance between Aurangabad and Pune is around 235 km.

    • Assuming an average distance of 4 km between two signals, there would be around 58-59 signals.

    • However, the number may vary based on the route taken and the traffic density.

    • Also, the number of signals may have increased or decreased over time due to road development projects.

    • Hence,...

  • Answered by AI
  • Q6. Tell me something about yourself ?
  • Ans. 

    I am a highly motivated individual with a passion for problem-solving and continuous learning.

    • I have a degree in computer science and have worked as a software engineer for 3 years.

    • I enjoy taking on new challenges and have experience working in both team and individual settings.

    • In my free time, I enjoy reading books on technology and attending tech conferences to stay up-to-date with the latest trends.

    • I am also an avid...

  • Answered by AI
  • Q7. What is the process of Market Research ?
  • Ans. 

    Market research involves gathering and analyzing information about a target market to make informed business decisions.

    • Identify research objectives and target audience

    • Choose research methods (surveys, focus groups, etc.)

    • Collect and analyze data

    • Draw conclusions and make recommendations

    • Continuously monitor and update research

    • Example: Conducting a survey to determine customer satisfaction with a product

    • Example: Analyzing ...

  • Answered by AI
  • Q8. How did you know about Consumer Neuroscience ? ( I had spoken about it during induction )

Interview Preparation Tips

Round: Test
Experience: Quantitative Aptitude -10 Q ....Questions on P&L AND Percentage ....Cutoff 7
Verbal Ability - 18 Q .....Sentence Correction Cutoff -12 Q
Case Studies - 2

Time - 1.5 Hrs
Tips: Questions were quite easy ....Time Management Is Important
Duration: 90 minutes

Round: Behavioural Interview
Experience: Checking the confidence of the candidate. I think the fact that I had carried out a Social Research (Ganpati Procession Analysis in Pune ) helped. I could share that experience.
Tips: During your course try and associate yourself with some kind of research work ( whether it is complete or incomplete does not matter ).
Study the company ( website) as much as you can before the interview.


Round: Technical Interview
Tips: Questions on Summer Internship - Prepare well and do speak about

Skills: Ability To Analyse, Communication, Basics of Market Research
College Name: Department of Management Sciences (PUMBA)

I applied via Naukri.com and was interviewed before Aug 2021. There were 2 interview rounds.

Round 1 - Group Discussion 

Description of the assessment.

Round 2 - HR 

(1 Question)

  • Q1. Tell me something about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - Never apply in this company. Worst work culture.

I applied via Naukri.com and was interviewed in Dec 2018. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. About previous company ....then a extempore for 2 minutes
  • Q2. Self introduction

Interview Preparation Tips

Round: Test
Experience: Skill test

General Tips: Keep calm ....listen and try to understand what is asked them only revert your answer.
Skills: Decision Making Skills
Duration: 1-3 Months

EXL Service Interview FAQs

How many rounds are there in EXL Service Accountant interview?
EXL Service interview process usually has 1-2 rounds. The most common rounds in the EXL Service interview process are Technical and Resume Shortlist.
How to prepare for EXL Service Accountant 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 EXL Service. The most common topics and skills that interviewers at EXL Service expect are Accounts Payable, Accounting, Invoice Processing, General Accounting and Accounts Receivable.
What are the top questions asked in EXL Service Accountant interview?

Some of the top questions asked at the EXL Service Accountant interview -

  1. What is working capital. Why working capital negati...read more
  2. What is the journal entries for acvounts recieva...read more
  3. What is the journal entry for accounts paya...read more

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EXL Service Accountant Interview Process

based on 5 interviews

Interview experience

4
  
Good
View more

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EXL Service Accountant Salary
based on 47 salaries
₹1.8 L/yr - ₹8.5 L/yr
30% more than the average Accountant Salary in India
View more details

EXL Service Accountant Reviews and Ratings

based on 7 reviews

4.3/5

Rating in categories

4.0

Skill development

4.0

Work-life balance

3.9

Salary

4.1

Job security

4.7

Company culture

4.0

Promotions

4.0

Work satisfaction

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