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FinAdvantage Senior Associate Finance & Accounts Interview Questions and Answers

Updated 13 Jun 2024

FinAdvantage Senior Associate Finance & Accounts Interview Experiences

1 interview found

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

(3 Questions)

  • Q1. Basic questions
  • Q2. Golden rules of account
  • Ans. 

    Golden rules of accounting are basic principles to maintain financial records accurately.

    • Debit what comes in, credit what goes out

    • Debit the receiver, credit the giver

    • Debit all expenses and losses, credit all incomes and gains

  • Answered by AI
  • Q3. Vendor reconciliation
Round 2 - Technical 

(2 Questions)

  • Q1. Final account reconciliation
  • Q2. Bank reconciliation

Interview Preparation Tips

Interview preparation tips for other job seekers - Good work environment

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Previous company work experience
  • Ans. 

    I have over 10 years of experience in finance and accounts, including managing budgets, financial reporting, and overseeing audits.

    • Managed financial reporting processes for monthly, quarterly, and annual statements

    • Led budget planning and analysis to ensure financial goals were met

    • Oversaw internal and external audits to ensure compliance with regulations

    • Implemented cost-saving measures to improve overall financial perfo

  • Answered by AI
  • Q2. Process related questions
Round 2 - HR 

(2 Questions)

  • Q1. General interview questions
  • Q2. Process related questions
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Mysefl and work exp
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Nov 2023. There was 1 interview round.

Round 1 - HR 

(5 Questions)

  • Q1. Tell me about yourself
  • Q2. What is book keeping
  • Ans. 

    Bookkeeping is the process of recording and organizing financial transactions of a business.

    • Bookkeeping involves recording all financial transactions, such as sales, purchases, and expenses.

    • It helps in maintaining accurate financial records and tracking the financial health of a business.

    • Bookkeeping includes tasks like recording transactions in journals, posting entries to ledgers, and preparing financial statements.

    • It...

  • Answered by AI
  • Q3. Are you comforatble to travel to Wazirpur
  • Q4. Are you ok with 11am shift
  • Q5. What is accounting
  • Ans. 

    Accounting is the process of recording, summarizing, and analyzing financial transactions of a business.

    • Accounting involves the systematic recording of financial transactions.

    • It includes summarizing and organizing financial data into financial statements.

    • Accounting also involves analyzing financial information to provide insights and make informed decisions.

    • Examples of accounting activities include bookkeeping, prepari...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Do not join here as locality is bad and so is the HR and Management
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-

I was interviewed before Mar 2023.

Round 1 - Technical 

(2 Questions)

  • Q1. Basic Accounting Rules
  • Q2. Journal Entries
Round 2 - Technical 

(2 Questions)

  • Q1. GST Adjustment Journals
  • Q2. AP & AR reconciliation

I applied via Naukri.com and was interviewed in Aug 2021. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. GST terms and due dates.
  • Q2. Excel knowledge and vlookup formula.

Interview Preparation Tips

Interview preparation tips for other job seekers - Worst hospitality. No courtesy to greet the candidate. Interviewer showed attitude and discrimination.

I applied via Naukri.com

Interview Questionnaire 

1 Question

  • Q1. BASIC QUESTIONS

Interview Preparation Tips

Interview preparation tips for other job seekers - The interviewer was very cool and everything was smooth.

Interview Questionnaire 

1 Question

  • Q1. Trial Balance, Error and Omission.

Interview Questionnaire 

2 Questions

  • Q1. How do you know about the company
  • Q2. What do you know about Accounting & Its Rules.
  • Ans. 

    Accounting is the process of recording, summarizing, and analyzing financial transactions and activities.

    • Accounting involves the systematic recording of financial transactions.

    • It includes the preparation of financial statements such as balance sheets, income statements, and cash flow statements.

    • Accounting follows certain principles and rules, such as the Generally Accepted Accounting Principles (GAAP) or International ...

  • Answered by AI

FinAdvantage Interview FAQs

How many rounds are there in FinAdvantage Senior Associate Finance & Accounts interview?
FinAdvantage interview process usually has 2 rounds. The most common rounds in the FinAdvantage interview process are Technical.
What are the top questions asked in FinAdvantage Senior Associate Finance & Accounts interview?

Some of the top questions asked at the FinAdvantage Senior Associate Finance & Accounts interview -

  1. Golden rules of acco...read more
  2. Final account reconciliat...read more
  3. Vendor reconciliati...read more

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FinAdvantage Senior Associate Finance & Accounts Reviews and Ratings

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2.0/5

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