Genpact
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
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I am a detail-oriented accounting professional with 5 years of experience in financial analysis and reporting.
5 years of experience in accounting
Strong attention to detail
Skilled in financial analysis and reporting
Bank reconciliation is the process of comparing the balances in a company's accounting records to the balances shown on the bank statement.
Bank reconciliation helps ensure that all transactions are recorded accurately in the company's books.
It involves comparing the company's records of cash transactions with the bank's records.
Differences between the two balances are identified and adjusted accordingly.
Common reasons ...
I use social media primarily for staying connected with friends and family, sharing updates, and following news and trends.
I use social media platforms like Facebook, Instagram, and Twitter.
I post photos, status updates, and share interesting articles or videos.
I follow pages related to my interests such as cooking, travel, and technology.
I use social media to stay updated on current events and trends in my industry.
I ...
I have a strong background in accounting with experience in financial analysis and reporting.
Bachelor's degree in Accounting
2+ years of experience in financial analysis
Proficient in financial reporting software such as QuickBooks
Strong attention to detail and analytical skills
Ability to work well under pressure and meet deadlines
An invoice in accounting is a document sent by a seller to a buyer, detailing the products or services provided and the amount due.
An invoice serves as a request for payment from the buyer to the seller.
It includes information such as the date of the transaction, itemized list of products or services, quantities, prices, and total amount due.
Invoices are used for record-keeping, tracking sales, and managing accounts re...
I applied via Walk-in and was interviewed in Apr 2023. There was 1 interview round.
I applied via Referral and was interviewed in Mar 2021. There was 1 interview round.
The Golden rules of accounting are basic principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.
The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.
The third golden rule is the Nominal Account rule, which states that debit all expenses and losse
Depreciation is the reduction in value of an asset over time due to wear and tear, obsolescence, or other factors.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.
There are several methods of calculating depreciation, including straight-line, declining balance, and sum-of-the-years'-digits.
Straight-line depreciation is the simplest method, where the asset's value is reduced by ...
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I applied via Naukri.com and was interviewed in Jul 2024. There was 1 interview round.
I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.
Veracity refers to the accuracy and truthfulness of data or information.
Veracity is essential in accounting to ensure financial statements are reliable and trustworthy.
Example: Ensuring that all transactions are accurately recorded in the books.
Verifying the accuracy of financial reports before presenting them to stakeholders.
Checkpoints of invoice processing ensure accuracy and compliance.
Verify invoice details match purchase order
Check for correct pricing and quantities
Ensure proper approval and authorization
Confirm invoice is coded correctly in accounting system
Review for any discrepancies or errors
The location is not relevant for an accounting staff position.
Location is not a determining factor for accounting staff as their work can be done remotely or in any office location.
Accounting staff can work in various industries and sectors, such as finance, healthcare, retail, etc.
The focus should be on the candidate's qualifications, skills, and experience rather than their location.
posted on 8 May 2024
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: 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...
Accrual is an accounting method that recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged.
Accrual accounting matches revenues to the time period in which they are earned and expenses to the time period in which they are incurred.
It provides a more accurate picture of a company's financial position compared to cash accounting.
Accruals are recorded as adjusting journal entries at ...
Fixed assets are long-term tangible assets that are used in the production of income and are not expected to be consumed or converted into cash within a year.
Fixed assets include property, plant, and equipment (PP&E) such as buildings, machinery, vehicles, and furniture.
They are recorded on the balance sheet at their original cost minus accumulated depreciation.
Fixed assets are not intended for sale in the normal cours...
Inventory refers to the goods and materials a business holds for the purpose of resale or production.
Inventory includes raw materials, work-in-progress, and finished goods.
It is an important asset on a company's balance sheet.
Inventory management involves tracking, ordering, and storing inventory efficiently.
Examples of inventory include merchandise in a retail store, components in a manufacturing plant, and supplies i
Asset life cycle refers to the stages an asset goes through from acquisition to disposal.
Includes acquisition, maintenance, depreciation, and disposal of assets
Helps in tracking the value and condition of assets over time
Optimizing asset life cycle can lead to cost savings and improved efficiency
posted on 31 Aug 2023
It was good and tough
I applied via Naukri.com and was interviewed in Feb 2023. There were 4 interview rounds.
Maths and accounting questions
Interview experience
based on 1 review
Rating in categories
Process Developer
36.2k
salaries
| ₹1 L/yr - ₹6.8 L/yr |
Process Associate
28k
salaries
| ₹0.9 L/yr - ₹6.5 L/yr |
Assistant Manager
19.8k
salaries
| ₹5 L/yr - ₹14 L/yr |
Management Trainee
19.2k
salaries
| ₹1.6 L/yr - ₹8.5 L/yr |
Manager
7.4k
salaries
| ₹5.7 L/yr - ₹24 L/yr |
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