Flipkart Financial Accountant Interview Questions and Answers

First round of the aptitude test

Second round is coding test

Third round is group discussion

All the best to your assignment

Careful to study the case study

Q1. Preparation of a HR interview
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Q2. Tell me about self introduction
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I am a financial accountant with expertise in managing financial records and ensuring compliance with regulations.
• I have a strong background in accounting principles and practices.

• I am skilled in financial analysis and reporting.

• I have experience in preparing financial statements and budgets.

• I am detail-oriented and have a strong attention to accuracy.

• I am familiar with accounting software and proficient in MS Excel.

• I ...read more
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Q3. Tell me about your study
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I studied accounting and finance at XYZ University.
• I completed a Bachelor's degree in accounting and finance at XYZ University.

• I took courses in financial accounting, managerial accounting, taxation, and auditing.

• I also participated in internships at a financial firm and gained practical experience in financial analysis and reporting.

• I consistently maintained a high GPA and received academic recognition for my performa
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Q4. Tell me your experience
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I have 5 years of experience as a Financial Accountant in a multinational company.
• Managed financial records and prepared financial statements

• Performed financial analysis and provided recommendations for cost reduction

• Ensured compliance with accounting principles and regulations

• Collaborated with cross-functional teams to streamline financial processes

• Implemented automated systems to improve efficiency

• Led the annual budg
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Q5. Salary expectation
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Q1. Tell me your technical skills
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I have strong technical skills in financial accounting.
• Proficient in using accounting software such as QuickBooks and SAP

• Extensive knowledge of financial reporting standards (GAAP, IFRS)

• Experience in preparing financial statements and conducting financial analysis

• Ability to perform complex financial calculations and reconciliations

• Familiarity with tax regulations and compliance

• Strong Excel skills for data analysis and
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Q2. What is Ms office
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MS Office is a suite of productivity software developed by Microsoft.
• MS Office includes applications like Word, Excel, PowerPoint, and Outlook.

• It is widely used for creating documents, spreadsheets, presentations, and managing emails.

• MS Office provides various features and tools to enhance productivity and collaboration.

• Examples of MS Office versions are Office 365, Office 2019, and Office 2016.
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Q3. What is Ms Excel
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Ms Excel is a spreadsheet software developed by Microsoft.
• It allows users to organize, analyze and manipulate data using formulas and functions.

• It has features like charts, graphs, and pivot tables for data visualization.

• It is widely used in finance, accounting, and other industries for data analysis and reporting.

• It supports various file formats like CSV, XLS, XLSX, etc.
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Q1. Face to face round
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Q1. Why do you want to work for our company
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Q2. Tell me about the gap in your resume
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I took a break from my career to pursue further education and enhance my skills.
• I decided to take a gap in my resume to pursue a master's degree in accounting.

• During this time, I also completed several certifications related to financial analysis and taxation.

• I actively participated in workshops and seminars to stay updated with the latest accounting practices.

• I utilized the gap to gain practical experience by voluntee...read more
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Q3. What is your biggest achievement so far
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My biggest achievement so far is successfully implementing a new accounting system that improved efficiency and accuracy.
• Implemented a new accounting system that streamlined processes and reduced errors

• Led a team of accountants to ensure smooth transition and training

• Achieved a 20% increase in productivity and a 15% reduction in financial discrepancies

• Received recognition from senior management for the successful imple
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Q4. Why should we hire you
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Q5. How to you deal with criticism
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Q6. What is your deal companyor workplace
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Q1. Introduce yourself ?
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Q2. What is the journal entries?
Ans. 
Journal entries are accounting records that show the financial transactions of a business.
• Journal entries are used to record debits and credits for each transaction.

• They include the date of the transaction, accounts affected, and amounts involved.

• Journal entries are typically recorded in a general ledger.

• Example: Debiting cash and crediting revenue for a sale transaction.
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Q3. Explain golden rules of account
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Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.

• These rules ensure that every transaction is recorded accurately and consistently.

• For example, when a company receives cash from a c...read more
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Q1. What is meant by cheque?
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A cheque is a written order from an account holder to a bank to pay a specified amount of money to a designated recipient.
• A cheque is a negotiable instrument used to make payments.

• It includes details such as the amount to be paid, the date, the payee's name, and the account holder's signature.

• Cheques are commonly used for business transactions and personal payments.

• They provide a secure and convenient way to transfer f
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Financial Modelling - three hour of financial model exercise

Q1. Impact of Sell down in Valuation
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A sell down in valuation refers to a decrease in the value of an asset due to selling a portion of it.
• Sell down can lead to a lower valuation of the remaining asset due to reduced ownership percentage.

• It can impact financial ratios and metrics such as price-to-earnings ratio and return on equity.

• Sell down may be necessary for liquidity reasons or to diversify investments.

• Example: If a company sells a portion of its sub...read more
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Q2. Impact different factors in renewable industry
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Various factors such as government policies, technological advancements, and market demand impact the renewable industry.
• Government policies play a crucial role in promoting renewable energy sources through incentives and regulations.

• Technological advancements drive down costs and improve efficiency of renewable energy technologies.

• Market demand for clean energy solutions influences investment and development in the re...read more
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Q1. Basically understanding where the candidate is coming from and what he/she is seeking for and are they eligible as per their criteria!
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Q1. This was the most Critical round direct with Hiring Manager sitting in Singapore related to the technicalities of the domain. Make sure to have indepth knowledge in whatsoever profile you are trying to get...read more
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Q1. About your self My name is bhavani
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My self bhavani degree b.com ca
In madhurari meenakshi in year of 2022 .coming to my intermediate gvt in the year 2019 70 persent

Q1. Why shoud i hire you
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Q1. Why should I hire you?
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Q2. What is your strength ?
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Q3. Where will you see yourself after 5 years?
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