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Finoability Management Trainee Interview Questions and Answers
Finoability Management Trainee Interview Experiences
2 interviews found
Anonymous
Selected
I applied via Campus Placement and was interviewed before Dec 2023. There was 1 interview round.
(5 Questions)
- Q1. Can you tell me about yourself?
- Ans.
I am a recent graduate with a degree in Business Administration and a passion for leadership and problem-solving.
Graduated with a degree in Business Administration
Passionate about leadership and problem-solving
Completed internships in marketing and finance
Participated in student government and led a team project
- Q2. What led you to choose Finance as your career specialization?
- Ans.
Passion for numbers and interest in analyzing financial data led me to choose Finance as my career specialization.
Strong interest in working with numbers and analyzing data
Passion for understanding financial markets and trends
Enjoyment of problem-solving and critical thinking in financial scenarios
- Q3. What is the income statement in simple terms?
- Ans.
The income statement is a financial report that shows a company's revenues, expenses, and profits over a specific period of time.
Shows company's financial performance over a period
Includes revenues, expenses, and profits
Helps in evaluating profitability and financial health
Key components: revenue, cost of goods sold, gross profit, operating expenses, net income
Example: Company A's income statement for the year ended De...
- Q4. What is the difference between Portfolio Management and Wealth Management?
- Ans.
Portfolio Management focuses on managing investments in a portfolio, while Wealth Management involves comprehensive financial planning and management for high-net-worth individuals.
Portfolio Management involves managing investments in a portfolio to achieve specific financial goals.
Wealth Management includes comprehensive financial planning, investment management, tax planning, estate planning, and other financial serv...
- Q5. Could you describe the Internship job description and specify which part of it intrigued you the most?
- Ans.
The internship job description involved assisting with project management, data analysis, and client communication.
Assisting with project management tasks such as creating timelines and tracking progress
Conducting data analysis to identify trends and make recommendations
Communicating with clients to gather feedback and provide updates
The part that intrigued me the most was the opportunity to work on real projects and g...
Interview Preparation Tips
(1 Question)
- Q1. Tell me about urself ? Nd basic finance question ratios and all
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I applied via Naukri.com and was interviewed in Oct 2020. There was 1 interview round.
Interview Questionnaire
7 Questions
- Q1. Golden rules of accounting
- Ans.
Golden rules of accounting are basic principles to be followed while recording financial transactions.
Debit the receiver, credit the giver
Debit what comes in, credit what goes out
Debit expenses and losses, credit income and gains
- Q2. OTC cycle
- Q3. Difference between payment mode and payment terms
- Q4. What's Cash application
- Q5. How to tackle situation in case you are not able to find the consultant for a payment
- Ans.
Contact other consultants or escalate the issue to higher authorities
Check if there are any other consultants available who can assist with the payment
If not, escalate the issue to the higher authorities in the company
Ensure that the payment is made on time to avoid any delays or penalties
Maintain a record of the steps taken to resolve the issue
- Q6. Which ERP you used in previous organization
- Q7. And cross questions related fro CV
Interview Preparation Tips
I applied via Referral and was interviewed in Mar 2021. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Tell me something about yourself
- Ans. One should be confident and crisp like mention your name , latest qualification and your current job if working.
- Q2. What's your current job responsibilities
- Ans. One should be really confident while answering this question so that it shows that you very well know what you do in your job
Interview Preparation Tips
Interview Questionnaire
2 Questions
- Q1. Share your experience.
- Ans.
I have diverse experiences in project management, team leadership, and process optimization across various industries.
Led a team of 10 in a project that improved operational efficiency by 20%, resulting in significant cost savings.
Implemented a new software tool that streamlined communication, reducing project turnaround time by 15%.
Conducted training sessions for new employees, enhancing their onboarding experience an...
- Q2. Share your current role
- Ans.
I currently manage a team focused on project execution, ensuring timely delivery and quality standards are met.
Oversee daily operations and coordinate tasks among team members to enhance productivity.
Implement project management tools like Trello to track progress and deadlines.
Conduct regular team meetings to discuss challenges and brainstorm solutions, fostering a collaborative environment.
Analyze project outcomes an...
I applied via Walk-in and was interviewed before Aug 2020. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Majorly general accounting questions
- Q2. Finance & accounting related questions
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Mar 2021. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. What is aging bucket
- Ans.
Aging bucket is a method of categorizing accounts receivable based on the length of time they have been outstanding.
It helps in identifying the overdue accounts and managing them effectively
Accounts are usually categorized into buckets based on the number of days past due
The buckets can be customized based on the company's policies and requirements
For example, a company may have buckets like 0-30 days, 31-60 days, 61-9...
Interview Preparation Tips
Skills evaluated in this interview
Aarush Jha
I applied via Naukri.com and was interviewed in Nov 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Question ask for R2R relted like bank reconciliation, what is accrual basis ?, they ask the role i performed in my previous organization.
Interview Preparation Tips
2.Prepare about the role you have performed in the previous organization
3. Be confident throughout the interview.
I applied via Naukri.com and was interviewed in May 2021. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Fundamental and some technical questions of accounting
Interview Preparation Tips
Interview Questionnaire
2 Questions
- Q1. Tell me about yourself, what exactly do in your job profile, explain it, your strength and weakness, why do you want to change your job, do you think you are fit in this profile, why do you hire you, etc
- Q2. Just be yourself, don't be over smart ,
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