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Finastra Accountant Interview Questions and Answers
Finastra Accountant Interview Experiences
1 interview found
Anonymous
I applied via LinkedIn and was interviewed before Mar 2023. There were 3 interview rounds.
The test was good with few complex questions
The topic was easy and can be spoken of
(2 Questions)
- Q1. Explain the difference between stock and share.
- Ans.
Stock represents ownership in a company, while share is a single unit of ownership in a company.
Stock is the overall ownership of a company, while share is a single unit of that ownership.
Stock can refer to all shares of a company, while share refers to a specific unit of ownership.
Stock can include different classes of shares, such as common and preferred shares.
Shares are bought and sold on stock exchanges, while sto...
- Q2. What are three financial statements?
- Ans.
The three financial statements are the income statement, balance sheet, and cash flow statement.
Income statement: Shows a company's revenues and expenses over a specific period of time.
Balance sheet: Provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.
Cash flow statement: Details the cash inflows and outflows of a company during a specific period, s...
Interview questions from similar companies
(3 Questions)
- Q1. Deferred revenue basis
- Q2. Monthly balance sheet checking
- Q3. Prepaid insurance entries
Selected
I applied via Company Website and was interviewed in May 2023. There were 7 interview rounds.
Knowledge & thinking base
(1 Question)
- Q1. Individual fear is comfortable
- Ans.
Individual fear can be comfortable due to familiarity and predictability.
Familiarity with fear can make it comfortable as it becomes a known entity
Predictability of fear can provide a sense of control and security
Some individuals may find comfort in their fears as it gives them a sense of identity or purpose
Transmitted messages
(1 Question)
- Q1. Human resource responsible
Punctuation is most important
(1 Question)
- Q1. Planning, process, services all so technical
Interview Preparation Tips
I applied via Company Website and was interviewed in Feb 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Briefly explain about the present job role
- Q2. Are you comfortable office work?
- Ans. No because I'm not interested travel so I'm comfortable work from home
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Sep 2021. There was 1 interview round.
Interview Questionnaire
7 Questions
- Q1. What is company status
- Ans.
Company status refers to the legal and financial standing of a company.
It indicates whether a company is active or inactive.
It also reflects the financial health of the company.
Company status can be checked through government databases or credit reporting agencies.
Examples of company status include 'active', 'dissolved', 'suspended', and 'bankrupt'.
- Q2. On which software company work
- Q3. How many employees are working in company
- Ans.
The number of employees in the company is not available.
The exact number of employees is unknown.
The company does not disclose the employee count.
Employee count may vary over time.
Employee count can be obtained from the company's HR department.
- Q4. What is financial status of company
- Ans.
The financial status of a company refers to its overall financial health and performance.
Financial status can be determined by analyzing financial statements such as balance sheets, income statements, and cash flow statements.
Key indicators of financial status include profitability, liquidity, solvency, and efficiency.
Profitability measures the company's ability to generate profits, while liquidity measures its ability...
- Q5. Finally knowing flexible of company
- Q6. What kind of employee u need
- Ans.
We need an employee who is detail-oriented, analytical, and has strong communication skills.
Detail-oriented: The employee should have a keen eye for accuracy and be able to spot errors or discrepancies in financial records.
Analytical: They should possess strong problem-solving skills and be able to analyze financial data to identify trends or patterns.
Strong communication skills: The employee should be able to effectiv...
- Q7. Company is in profit moto
Interview Preparation Tips
Interview Questionnaire
2 Questions
- Q1. What is P&L account
- Ans.
P&L account stands for Profit and Loss account. It is a financial statement that shows a company's revenues, expenses, and net income or loss over a specific period.
P&L account is also known as an income statement.
It shows the company's financial performance over a specific period.
Revenues and gains are listed on the credit side, while expenses and losses are listed on the debit side.
The difference between the two side...
- Q2. How it will benefit the company
- Ans.
My expertise in accounting will benefit the company by ensuring accurate financial records and identifying areas for cost savings.
I will maintain accurate financial records to help the company make informed decisions
I will identify areas for cost savings and help the company reduce expenses
I will ensure compliance with financial regulations and minimize the risk of penalties
I will provide financial analysis and insight...
(3 Questions)
- Q1. Deferred revenue basis
- Q2. Monthly balance sheet checking
- Q3. Prepaid insurance entries
Selected
I applied via Company Website and was interviewed in May 2023. There were 7 interview rounds.
Knowledge & thinking base
(1 Question)
- Q1. Individual fear is comfortable
- Ans.
Individual fear can be comfortable due to familiarity and predictability.
Familiarity with fear can make it comfortable as it becomes a known entity
Predictability of fear can provide a sense of control and security
Some individuals may find comfort in their fears as it gives them a sense of identity or purpose
Transmitted messages
(1 Question)
- Q1. Human resource responsible
Punctuation is most important
(1 Question)
- Q1. Planning, process, services all so technical
Interview Preparation Tips
(3 Questions)
- Q1. Tell me about yourself.
- Q2. Right person right job
- Q3. Interview Group interview Stress interview
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Sep 2021. There was 1 interview round.
Interview Questionnaire
7 Questions
- Q1. What is company status
- Ans.
Company status refers to the legal and financial standing of a company.
It indicates whether a company is active or inactive.
It also reflects the financial health of the company.
Company status can be checked through government databases or credit reporting agencies.
Examples of company status include 'active', 'dissolved', 'suspended', and 'bankrupt'.
- Q2. On which software company work
- Q3. How many employees are working in company
- Ans.
The number of employees in the company is not available.
The exact number of employees is unknown.
The company does not disclose the employee count.
Employee count may vary over time.
Employee count can be obtained from the company's HR department.
- Q4. What is financial status of company
- Ans.
The financial status of a company refers to its overall financial health and performance.
Financial status can be determined by analyzing financial statements such as balance sheets, income statements, and cash flow statements.
Key indicators of financial status include profitability, liquidity, solvency, and efficiency.
Profitability measures the company's ability to generate profits, while liquidity measures its ability...
- Q5. Finally knowing flexible of company
- Q6. What kind of employee u need
- Ans.
We need an employee who is detail-oriented, analytical, and has strong communication skills.
Detail-oriented: The employee should have a keen eye for accuracy and be able to spot errors or discrepancies in financial records.
Analytical: They should possess strong problem-solving skills and be able to analyze financial data to identify trends or patterns.
Strong communication skills: The employee should be able to effectiv...
- Q7. Company is in profit moto
Interview Preparation Tips
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