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Fincent Accountant Interview Questions and Answers

Updated 7 Aug 2024

Fincent Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Anonymous

posted on 7 Aug 2024

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed before Aug 2023. There were 3 interview rounds.

Round 1 - Technical 

(3 Questions)

  • Q1. What are prepaid and accruals
  • Ans. 

    Prepaid expenses are costs paid in advance while accruals are expenses incurred but not yet paid.

    • Prepaid expenses are recorded as assets on the balance sheet until they are used or expire.

    • Accruals are expenses that have been incurred but not yet paid, and are recorded as liabilities on the balance sheet.

    • Examples of prepaid expenses include insurance premiums and rent paid in advance.

    • Examples of accruals include salarie...

  • Answered by AI
  • Q2. Depreciation definition and journal entries
  • Q3. Deferred revenue and accrual definition and journal entries
Round 2 - One-on-one 

(3 Questions)

  • Q1. What do you know about About Fincent
  • Ans. 

    Fincent is a financial technology company that provides accounting software solutions for businesses.

    • Fincent offers cloud-based accounting software for small and medium-sized businesses.

    • Their software helps with invoicing, expense tracking, financial reporting, and more.

    • Fincent's platform integrates with other business tools like CRM systems and payment processors.

    • The company focuses on providing user-friendly and cust

  • Answered by AI
  • Q2. Previous experience discussion
  • Q3. Same questions as in round 1
Round 3 - HR 

(2 Questions)

  • Q1. Expected salary
  • Ans. 

    My expected salary is based on my experience, qualifications, and the industry standard.

    • Consider my years of experience in the field

    • Take into account my qualifications and certifications

    • Research the industry standard for similar positions

    • Negotiate based on the job responsibilities and benefits offered

  • Answered by AI
  • Q2. Salary breakdown discussion

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Jan 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

In aptitude test alltype of Questions are asked

Round 2 - One-on-one 

(2 Questions)

  • Q1. Relavant Question are asked
  • Q2. Relavent questions are asked
Round 3 - HR 

(1 Question)

  • Q1. Basic and relavent Question asked.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company for freshers..
All seniors employees are very supportive at the time of interview sessions
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Jul 2023. There were 2 interview rounds.

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 

(5 Questions)

  • Q1. What's your key skills
  • Q2. Where you know about the job
  • Q3. How years of experience you have
  • Q4. How you handle your work
  • Q5. How much salary you expect

Interview Preparation Tips

Interview preparation tips for other job seekers - This is best company for job
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Jan 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

In aptitude test alltype of Questions are asked

Round 2 - One-on-one 

(2 Questions)

  • Q1. Relavant Question are asked
  • Q2. Relavent questions are asked
Round 3 - HR 

(1 Question)

  • Q1. Basic and relavent Question asked.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company for freshers..
All seniors employees are very supportive at the time of interview sessions
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Jul 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(5 Questions)

  • Q1. What's your key skills
  • Q2. Where you know about the job
  • Q3. How years of experience you have
  • Q4. How you handle your work
  • Q5. How much salary you expect

Interview Preparation Tips

Interview preparation tips for other job seekers - This is best company for job
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Jul 2023. There were 3 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. About Previous experience and Self details
Round 2 - Technical 

(1 Question)

  • Q1. About Previous job and challanges
Round 3 - One-on-one 

(1 Question)

  • Q1. Salary discussion and date of commitment
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 - Aptitude Test 

Accounting test related to journal entries, profit and loss statement, balance sheet, BRS, rectification of errors

Round 3 - Technical 

(3 Questions)

  • Q1. Journal entries like sales, purchase, accrual, prepaid
  • Q2. Tds, gst, advance tax, pf, pt, esi, income tax related questions
  • Q3. Finalisation of accounts related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare well before the interview, try to negotiate for a decent salary, if not offered your interest of salary leave it.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Mar 2023. There were 2 interview rounds.

Round 1 - HR 

(4 Questions)

  • Q1. Tell me about yourself and Process flow.
  • Q2. Current CTC, Expectations.
  • Q3. Are you able to work in 3.30 shift.
  • Q4. What is your notice period.
Round 2 - Technical 

(3 Questions)

  • Q1. What is management fees and Performance fees.
  • Ans. 

    Management fees are fees paid by investors to the fund manager for managing the fund's investments. Performance fees are fees paid based on the fund's performance.

    • Management fees are typically calculated as a percentage of the fund's assets under management.

    • Performance fees are usually calculated as a percentage of the fund's profits above a certain benchmark.

    • Management fees are paid regardless of the fund's performanc...

  • Answered by AI
  • Q2. Tell me about Derivatives in full details.
  • Ans. 

    Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.

    • Derivatives can be used for hedging, speculation, or arbitrage.

    • Common types of derivatives include options, futures, forwards, and swaps.

    • Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price before a certain date.

    • Futures are contracts to buy or sell an asset at a fut...

  • Answered by AI
  • Q3. What is Option.
  • Ans. 

    An option is a financial derivative that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a specific time period.

    • Options can be used for hedging, speculation, or generating income.

    • There are two types of options: call options (the right to buy) and put options (the right to sell).

    • The price at which the underlying asset can be bought or sold is called the ...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Link Group Fund Accountant interview:
  • Fund Accounting
  • Bank Reconciliation
  • Financial Statement Analysis
  • Nav performance
  • Distribution
  • Journal entries
Interview preparation tips for other job seekers - Nice to work with Link Group. Service is absolutely awesome for employees and managers are very friendly.

Interview Questionnaire 

4 Questions

  • Q1. They are conducts three rounds , Written test,technical round to assess your real time work experience and finally HR round
  • Q2. Writen test consist of 6 questions out of which 5 questions need to be answered with in a given period of one hour
  • Q3. Written test is conducted to assess the Domain experience consist of questions from Journal entries, rectification of error s, final account s problem s,differentiating cap.exp and rev.exp etc...
  • Q4. Finally HR round questions will be asked

Interview Preparation Tips

Interview preparation tips for other job seekers - Attend interview with great preparation especially regarding domain knowledge and with confidence.

Interview Questionnaire 

4 Questions

  • Q1. They are conducts three rounds , Written test,technical round to assess your real time work experience and finally HR round
  • Q2. Writen test consist of 6 questions out of which 5 questions need to be answered with in a given period of one hour
  • Q3. Written test is conducted to assess the Domain experience consist of questions from Journal entries, rectification of error s, final account s problem s,differentiating cap.exp and rev.exp etc...
  • Q4. Finally HR round questions will be asked

Interview Preparation Tips

Interview preparation tips for other job seekers - Attend interview with great preparation especially regarding domain knowledge and with confidence.

Fincent Interview FAQs

How many rounds are there in Fincent Accountant interview?
Fincent interview process usually has 3 rounds. The most common rounds in the Fincent interview process are Technical, One-on-one Round and HR.
How to prepare for Fincent 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 Fincent. The most common topics and skills that interviewers at Fincent expect are Balance Sheet, Budgeting, Financial Reporting, Financial Statements and Forecasting.
What are the top questions asked in Fincent Accountant interview?

Some of the top questions asked at the Fincent Accountant interview -

  1. What are prepaid and accru...read more
  2. Deferred revenue and accrual definition and journal entr...read more
  3. Depreciation definition and journal entr...read more

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Fincent Accountant Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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Fincent Accountant Salary
based on 4 salaries
₹5.8 L/yr - ₹8 L/yr
104% more than the average Accountant Salary in India
View more details

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3.8/5

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2.6

Skill development

4.4

Work-life balance

3.8

Salary

2.0

Job security

3.3

Company culture

3.0

Promotions

3.4

Work satisfaction

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