FLSmidth Senior Accountant 2 Interview Questions and Answers

I have 8 years of experience in retail management, with my most recent job as a Store Manager at a large department store.

• Managed a team of 20+ employees and oversaw daily operations

• Responsible for inventory management, sales targets, and customer service

• Implemented new strategies to increase sales and improve customer satisfaction

• Collaborated with vendors and conducted regular performance reviews

• Trained new employees ...read more

Take-home salary is the amount an employee receives after deductions such as taxes and benefits.

• Take-home salary is the net amount received by an employee after deductions for taxes, insurance, retirement contributions, etc.

• It is the actual amount that an employee takes home and can use for personal expenses.

• Take-home salary can vary based on factors such as tax rates, benefits packages, and deductions.

• Employees should...read more

I have 5 years of experience managing purchasing processes and using SAP for inventory management.

• Managed purchasing processes for a retail company, including vendor selection, negotiation, and order placement

• Utilized SAP software for inventory management, tracking stock levels, and generating purchase orders

• Trained team members on how to use SAP for purchasing and inventory tasks

I handle inventory by conducting regular audits, implementing efficient tracking systems, and forecasting demand. For projects, I use project management tools, set clear goals, and communicate effectively with team members.

• Conduct regular audits to track inventory levels and identify any discrepancies

• Implement efficient tracking systems such as barcode scanning or RFID technology

• Forecast demand based on historical data...read more

I worked at XYZ Company as a Senior Associate and was responsible for managing a team of 10 employees. I am willing to join a new organization to further develop my skills and contribute to its success.

• Worked at XYZ Company as a Senior Associate

• Managed a team of 10 employees

• Responsibilities included overseeing daily operations, training new hires, and ensuring customer satisfaction

• Successfully implemented new strategie...read more

Estimating the size of different categories based on available data and trends.

• Analyze historical sales data to identify trends and patterns in category sizing

• Consider external factors such as market trends and competition

• Use market research and customer feedback to make informed guestimates

• Utilize forecasting techniques to predict future category sizing

• Example: Estimate the size of the electronics category based on pa

NPV (Net Present Value) is a financial metric that calculates the difference between the present value of cash inflows and outflows. IRR (Internal Rate of Return) is the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

• NPV helps in determining the profitability of an investment by comparing the present value of expected cash inflows with the present value of expec...read more