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Genpact Financial Planner Interview Questions and Answers

Updated 21 May 2017

Genpact Financial Planner Interview Experiences

1 interview found

I was interviewed before May 2016.

Interview Preparation Tips

Round: Problem Statement
Experience: Budget vs actual planning challenges and how to implacably plann
Tips: Stick to basics

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(5 Questions)

  • Q1. Explain budgeting
  • Ans. 

    Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.

    • Involves estimating income and expenses

    • Setting financial goals

    • Monitoring actual performance against the budget

    • Adjusting the budget as needed

    • Common types include operating budgets, capital budgets, and cash budgets

  • Answered by AI
  • Q2. Explain forecasting
  • Ans. 

    Forecasting is the process of making predictions about future trends based on past and present data.

    • Forecasting involves analyzing historical data to identify patterns and trends

    • Different methods such as qualitative and quantitative analysis can be used for forecasting

    • Common techniques include time series analysis, regression analysis, and econometric modeling

    • Forecasting helps businesses make informed decisions and pla...

  • Answered by AI
  • Q3. Explain revenue recognition
  • Ans. 

    Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.

    • Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.

    • It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.

    • Different industries may have specific guidelines for revenue recog...

  • Answered by AI
  • Q4. Rent accured ledger entry
  • Q5. Why is asset recognised or depreciated in balance sheet
  • Ans. 

    Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.

    • Assets are recognized in the balance sheet to show the company's resources and their value.

    • Depreciation is recorded to allocate the cost of assets over their useful life.

    • Recognizing assets and depreciating them helps in accurately reflecting ...

  • Answered by AI
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Account payable?
  • Q2. Difference between Profit & Revenue
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Aug 2024. There were 5 interview rounds.

Round 1 - Assignment 

About work of that company

Round 2 - Group Discussion 

About work of that company

Round 3 - HR 

(2 Questions)

  • Q1. Self introduction
  • Q2. My strength and weakness
Round 4 - HR 

(2 Questions)

  • Q1. About family background
  • Q2. Long term short term goal
  • Ans. 

    My long-term goal is to become a Certified Public Accountant and eventually work my way up to a senior financial management position within a reputable company.

    • Obtain CPA certification within the next 3-5 years

    • Gain experience in financial analysis and reporting

    • Attend leadership development programs to enhance management skills

    • Work towards a promotion to a senior financial management role

  • Answered by AI
Round 5 - One-on-one 

(2 Questions)

  • Q1. Introduction about my self
  • Q2. Intrest about my self

Interview Preparation Tips

Topics to prepare for IBM Financial Accountant interview:
  • CPS
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Its related to accounting concepts

Round 2 - HR 

(1 Question)

  • Q1. Anything can related to accounts
Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - Technical 

(2 Questions)

  • Q1. Self introduction, family background
  • Q2. Why should hire you, salary expectation
Round 2 - HR 

(4 Questions)

  • Q1. Self intlo, Tell about Hyderabad
  • Ans. 

    Hyderabad is a vibrant city in southern India known for its rich history, culture, and delicious cuisine.

    • Hyderabad is home to iconic landmarks such as the Charminar, Golconda Fort, and Hussain Sagar Lake

    • The city is famous for its biryani, a flavorful rice dish cooked with meat and aromatic spices

    • Hyderabad is a major hub for technology companies, with a booming IT industry in areas like HITEC City

  • Answered by AI
  • Q2. What is hobbies, weeknes
  • Q3. Short goals , long term goals
  • Q4. What is weeks , What is your roll model

Interview Preparation Tips

Interview preparation tips for other job seekers - I don't know
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in May 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. About revenue recognition
  • Q2. Forecasting, Budgeting
Interview experience
4
Good
Difficulty level
-
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Feb 2024. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Tell me about yourself
Round 2 - One-on-one 

(2 Questions)

  • Q1. What are types of derivatives
  • Ans. 

    Types of derivatives include options, futures, forwards, and swaps.

    • Options: Contracts that give the holder the right, but not the obligation, to buy or sell an asset at a specified price before or on a specified date.

    • Futures: Contracts that obligate the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.

    • Forwards: Similar to futures, but customized contracts traded over-th...

  • Answered by AI
  • Q2. What are types of insurance
  • Ans. 

    Types of insurance include health, life, auto, home, and disability insurance.

    • Health insurance covers medical expenses

    • Life insurance provides financial protection to beneficiaries in case of death

    • Auto insurance covers damages and liabilities related to vehicles

    • Home insurance protects against damages to the home and belongings

    • Disability insurance provides income replacement in case of disability

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Why should we hire you
  • Ans. 

    I have a strong background in financial analysis, excellent analytical skills, and a proven track record of delivering results.

    • I have a Bachelor's degree in Finance and have completed internships at top financial firms.

    • I am proficient in financial modeling, forecasting, and data analysis.

    • I have a history of identifying cost-saving opportunities and improving financial performance.

    • I am a quick learner and have a strong ...

  • Answered by AI
  • Q2. How to handle financial issue
  • Ans. 

    Handling financial issues involves analyzing the problem, creating a plan, and implementing solutions.

    • Analyze the financial issue to understand the root cause

    • Create a detailed plan to address the issue, including budget adjustments or cost-cutting measures

    • Implement the plan effectively, monitoring progress and making adjustments as needed

    • Seek advice from financial experts or consultants if necessary

    • Communicate with sta...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep going the world is waiting for your entry
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Technical and process knowledge and scenario questions
Round 2 - One-on-one 

(1 Question)

  • Q1. What you know about Trade Life Cycle
  • Ans. 

    Trade life cycle refers to the stages involved in a trade from initiation to settlement.

    • Trade initiation: Trade is proposed and agreed upon by parties involved.

    • Trade execution: Trade is executed on the exchange or over-the-counter market.

    • Trade confirmation: Parties confirm the details of the trade.

    • Trade settlement: Payment and transfer of securities occur to complete the trade.

    • Trade reconciliation: Any discrepancies ar

  • Answered by AI

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