First bank of Nigeria Business Finance Manager Interview Questions and Answers

I have over five years of experience in management roles, focusing on team leadership and operational efficiency.

• Led a team of 10 in a retail environment, improving sales by 20% over six months.

• Implemented a new inventory management system that reduced stock discrepancies by 30%.

• Conducted training sessions for new hires, enhancing onboarding efficiency and team cohesion.

• Managed budgets and forecasts, ensuring projects

I would remain calm, listen actively, and address the situation professionally to resolve any issues.

• Stay calm and composed to avoid escalating the situation.

• Listen actively to understand the concerns being raised.

• Acknowledge the senior's feelings and express willingness to improve.

• Seek clarification on specific issues to address them effectively.

• Follow up after the incident to ensure the relationship remains positive.

Purchase activities involve sourcing and acquiring goods and services, costing involves determining the expenses associated with these activities, and supply chain management focuses on the flow of goods from suppliers to customers.

• Purchase activities include identifying suppliers, negotiating contracts, and placing orders.

• Costing involves calculating the total expenses incurred in the purchase process, including direc...read more

VE Commercial is a reputable company known for its innovative products and strong commitment to customer satisfaction.

• VE Commercial has a strong reputation in the industry for quality products

• The company is known for its innovative solutions and cutting-edge technology

• VE Commercial has a strong focus on customer satisfaction and building long-term relationships

• The company offers opportunities for growth and development

BS IV and BS VI are emission norms set by the government to regulate the amount of pollutants released by vehicles.

• BS IV (Bharat Stage IV) is the emission standard set by the government in 2010, while BS VI (Bharat Stage VI) is the latest and more stringent emission standard introduced in 2020.

• BS IV vehicles are allowed to emit higher levels of pollutants compared to BS VI vehicles.

• BS VI compliant vehicles use advanced...read more

I am a dedicated and experienced professional with a strong background in management and leadership.

• Over 5 years of experience in management roles

• Proven track record of successfully leading teams to achieve goals

• Strong communication and problem-solving skills

• Bachelor's degree in Business Administration from XYZ University