Genpact Management Trainee Interview Questions, Process, and Tips for Experienced

Q1. What is your experience in the Record to Report (RTR) domain?
Ans. 
I have 3 years of experience in the Record to Report domain, including preparing financial statements and reconciling accounts.
• Prepared monthly financial statements in compliance with GAAP standards

• Performed account reconciliations to ensure accuracy of financial data

• Assisted in the implementation of new accounting software for improved efficiency

• Collaborated with cross-functional teams to streamline RTR processes
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Q2. Are you comfortable with shift work?
Ans. 
Yes, I am comfortable with shift work as I have previous experience working in shifts and understand the importance of flexibility in a dynamic work environment.
• I have previous experience working in shifts and understand the importance of flexibility

• I am willing to adapt my schedule to meet the needs of the job

• I understand the benefits of shift work in terms of work-life balance and career advancement opportunities
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Q3. Can you provide a brief introduction about yourself?
Ans. 
I am a recent graduate with a degree in Business Administration, eager to learn and grow in a management role.
• Recent graduate with a degree in Business Administration

• Eager to learn and grow in a management role

• Strong communication and leadership skills

• Experience in team projects and problem-solving
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Q4. What is your current cost to company (CTC)?
Ans. 
My current CTC is $60,000 per year.
• My current CTC is $60,000 per year

• It includes my base salary, bonuses, and benefits

• I also receive health insurance and retirement contributions
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Q1. Can you provide a brief self-introduction and describe your current work profile?
Ans. 
I am a recent graduate with a degree in Business Administration. Currently working as a Marketing Assistant at XYZ Company.
• Recent graduate with a degree in Business Administration

• Currently working as a Marketing Assistant at XYZ Company

• Experience in creating marketing campaigns and analyzing market trends
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Q2. What precautions should be taken when mentioning details in your CV to ensure you can answer questions related to them effectively during an interview?
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Q3. What is the difference between revenue expenditure and capital expenditure?
Ans. 
Revenue expenditure is for day-to-day expenses while capital expenditure is for long-term assets.
• Revenue expenditure is incurred for maintaining the business operations and generating revenue.

• Capital expenditure is for acquiring assets that will provide benefits over multiple years.

• Revenue expenditure is recorded in the income statement and is fully deductible in the year it is incurred.

• Capital expenditure is recorded ...read more
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Q4. What is the difference between amortisation and depreciation?
Ans. 
Amortisation is the allocation of the cost of intangible assets over their useful life, while depreciation is the allocation of the cost of tangible assets over their useful life.
• Amortisation is used for intangible assets like patents, copyrights, and trademarks.

• Depreciation is used for tangible assets like buildings, machinery, and vehicles.

• Amortisation is typically calculated using the straight-line method or the dec...read more
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Q5. How would you rate yourself in relation to your teammates?
Ans. 
I rate myself as a team player who actively contributes and collaborates with my teammates.
• I actively participate in team meetings and discussions

• I offer help and support to my teammates when needed

• I communicate effectively and listen to others' ideas

• I celebrate team successes and learn from failures together
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Q6. How would you calculate a rate in Excel?
Ans. 
To calculate a rate in Excel, use the formula: Rate = (Value 1 / Value 2) * 100
• Enter the values you want to calculate the rate for in separate cells

• In a new cell, use the formula: Rate = (Value 1 / Value 2) * 100

• Value 1 is the numerator and Value 2 is the denominator

• Multiply the result by 100 to get the rate percentage

• For example, if Value 1 is 50 and Value 2 is 100, the formula would be: (50 / 100) * 100 = 50%
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Q7. What is the process for passing journal entries related to prepaid expenses and accruals?
Ans. 
Journal entries for prepaid expenses and accruals involve recognizing expenses before they are paid or revenue before it is received.
• Prepaid expenses are initially recorded as assets and then expensed over time as they are used up.

• Accruals involve recognizing expenses or revenue before cash is exchanged.

• For prepaid expenses, a journal entry would involve debiting an expense account and crediting a prepaid expense accou...read more
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Q8. What is your understanding of accrual and deferred accounting?
Ans. 
Accrual accounting recognizes revenue and expenses when they are incurred, regardless of when cash is exchanged. Deferred accounting recognizes revenue and expenses when cash is is exchanged.
• Accrual accounting records revenue when it is earned and expenses when they are incurred, regardless of when cash is received or paid.

• Deferred accounting involves postponing the recognition of revenue or expenses until a later date...read more
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Q9. What is a contingent liability?
Ans. 
A contingent liability is a potential liability that may occur depending on the outcome of a future event.
• Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.

• Examples include pending lawsuits, warranties, and guarantees.

• The likelihood of the contingent liability and the amount involved must be assessed.
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Q10. What information do you have about Genpact?
Ans. 
Genpact is a global professional services firm specializing in digital transformation, analytics, and process optimization.
• Genpact was founded in 1997 as a business unit within General Electric.

• It became an independent company in 2005 and is headquartered in New York City.

• Genpact offers services in areas such as finance and accounting, procurement, supply chain, and customer service.

• The company has a presence in over 3...read more
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Q1. Normal process related questions
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Q2. Salary discussion
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Q1. Joining date and other formality
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Q1. Final salary discussion and offer letter
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Q1. I applied and was interviewed by company within 3 days of application and it was conducted online. HR round was good and was more of knowing your skills and and experience in brief.
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Q1. My technical round was with my hiring manager where he or she asked me only about my work experience and in depth reason of why I left my previous company and all . The interview was very good 😊.
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Q1. So the last round was with HR where only negotiation took place and I am greatful to HR for offering me a good deal and stood up for what she committed me earlier in the first round.
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Q1. Tell me about your self
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Q2. Can you provide technical points about yourself?
Ans. 
I have a strong background in computer programming and data analysis.
• Proficient in programming languages such as Python, Java, and SQL

• Experience with data visualization tools like Tableau and Power BI

• Skilled in statistical analysis and machine learning algorithms

• Completed projects involving predictive modeling and data mining
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Self-motivated and hardworking individuals, there is no meaning to a job, sir; we did not mention the day Anna Hazare changed life. Please find my sweet.