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Genpact Interview Questions, Process, and Tips
Top Genpact Interview Questions and Answers
- Q1. What is RTR? What is depreciation?types of depreciation and also journal entries
- Q2. What are the three golden rules? What are fictitious assets? What are contingent liabilities? What is reserve and provision and why it's created? What are accrual account ...read more
- Q3. How to prepare invoices account
Genpact Interview Experiences
260 interviews found
Anonymous
Selected
I applied via Naukri.com and was interviewed before Oct 2022. There were 3 interview rounds.
(3 Questions)
- Q1. Tell me about your self
- Q2. Why are looking for change?
- Q3. What is accounting?
- Ans.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
Involves recording financial transactions
Summarizing financial data into financial statements
Analyzing financial information to make business decisions
Reporting financial results to stakeholders
Follows generally accepted accounting principles (GAAP)
Examples: preparing balance sheets, income statements, cas
(3 Questions)
- Q1. What is bookkeeping?
- Ans.
Bookkeeping is the process of recording financial transactions and maintaining financial records for a business.
Involves recording all financial transactions of a business
Includes organizing and categorizing transactions
Helps in tracking income, expenses, and overall financial health of the business
Ensures accurate financial reporting and compliance with regulations
Examples: recording sales, purchases, payroll, and exp
- Q2. What is depreciation?
- Ans.
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.
It is used to spread the cost of an asset over its useful life for accounting and tax purposes.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Example: A company purchases a del...
- Q3. What is amortization ?
- Ans.
Amortization is the process of spreading out the cost of an intangible asset over its useful life.
Amortization is similar to depreciation, but it is used for intangible assets such as patents, copyrights, and trademarks.
It helps in reflecting the gradual consumption or expiration of the asset's value over time.
The amortization expense is recorded on the income statement and reduces the asset's carrying value on the bal...
Interview Preparation Tips
(1 Question)
- Q1. Describe yourself? Where did you work? Why did you leave your current company? What's your salary expectation? Are you comfortable with any shift? Etc.
(1 Question)
- Q1. A lot of questions regarding to Accounts and even journal entries
(1 Question)
- Q1. A lot of questions regarding Excel and computer
Interview Preparation Tips
I was gone through 4 to 5 round of one
Selected
I applied via Walk-in and was interviewed in Nov 2022. There were 3 interview rounds.
(1 Question)
- Q1. Continent liabilities, 3 Way matching, Depreciation and some journal entries with Golden rule of accounting
English test of passive voice and para jumble, fill in the blanks
Interview Preparation Tips
What people are saying about Genpact
dinesh kumar
Selected
I applied via AmbitionBox and was interviewed in Jan 2023. There were 4 interview rounds.
(3 Questions)
- Q1. HR will check your communication skills as well as previous experience.
- Q2. Why you want to join us. Tell me about the company.
- Q3. Where you will see yourself after 2-3 years.
(1 Question)
- Q1. This round will happen with Operational Manager else any Team Leader.
(1 Question)
- Q1. Discussion of salary.
Genpact interview questions for designations
Anurag Singh
Selected
I applied via Naukri.com and was interviewed before Jun 2023. There were 2 interview rounds.
(3 Questions)
- Q1. Tell me about yourself?
- Q2. Why you want to join Genpact?
- Q3. What are the major roles & responsibilities in Accounts Payable process?
- Ans.
Major roles & responsibilities in Accounts Payable process include invoice processing, vendor management, payment processing, and reconciliation.
Invoice processing: Receiving, verifying, and recording invoices from vendors.
Vendor management: Communicating with vendors, resolving discrepancies, and maintaining vendor records.
Payment processing: Ensuring timely and accurate payments to vendors.
Reconciliation: Matching in...
(4 Questions)
- Q1. Brief your profile.
- Q2. What is Procure to pay Cycle?
- Ans.
Procure to pay cycle is the process of obtaining goods or services from a vendor and paying for them.
Includes requisition, purchase order, goods receipt, invoice verification, and payment
Involves multiple departments such as procurement, finance, and accounts payable
Ensures proper authorization, receipt of goods/services, and accurate payment processing
Example: Company A requests 100 units of a product, issues a purcha...
- Q3. What is vendor management? T-code for vendor creation in SAP.
- Ans.
Vendor management involves overseeing relationships with suppliers to ensure goods and services are delivered efficiently and cost-effectively.
Vendor management includes activities such as vendor selection, contract negotiation, performance evaluation, and relationship management.
In SAP, the T-code for vendor creation is XK01.
Vendor management helps organizations optimize their supply chain, reduce costs, and improve q...
- Q4. What is the Vendor Reconciliation? Please tell me the steps for Vendor Reconciliation?
- Ans.
Vendor reconciliation is the process of comparing the vendor's account balance with the company's records to ensure accuracy.
Gather all invoices, receipts, and payment records related to the vendor
Compare the vendor's statement with the company's records to identify discrepancies
Investigate and resolve any discrepancies by contacting the vendor or reviewing transaction details
Adjust the accounts accordingly to reflect ...
Interview Preparation Tips
- Accounts Payable
- Accounts Receivable
- record to report
- Bank Reconciliation
- Vendor Reconciliation
- Fixed Assets
Skills evaluated in this interview
Get interview-ready with Top Genpact Interview Questions
Selected
I applied via Approached by Company and was interviewed before Feb 2023. There was 1 interview round.
(1 Question)
- Q1. What are basic checks while processing an invoice? How do you process a non po invoice? What is the difference between 2way match and 3 way match
- Ans.
Basic checks include vendor details, invoice date, invoice number, line items, total amount. Non-PO invoices are processed without a purchase order. 2-way match compares invoice to purchase order, 3-way match adds receipt of goods.
Basic checks include verifying vendor details, invoice date, invoice number, line items, and total amount
Non-PO invoices are processed without a purchase order, typically requiring additional...
Interview Preparation Tips
All the best.
Process Developer Jobs at Genpact
Selected
I applied via Naukri.com and was interviewed in Jul 2022. There were 3 interview rounds.
(3 Questions)
- Q1. Tell me about your self
- Q2. Why you left last company
- Q3. Why should haire you
(2 Questions)
- Q1. What me your work experience
- Q2. Tell me about insurance
- Ans.
Insurance is a contract between an individual and an insurance company to protect against financial loss.
Insurance provides financial protection against unexpected events such as accidents, illnesses, and natural disasters.
There are different types of insurance such as health insurance, life insurance, auto insurance, and home insurance.
Insurance premiums are paid regularly to the insurance company in exchange for cove...
Interview Preparation Tips
I applied via Company Website and was interviewed in Oct 2022. There were 3 interview rounds.
(1 Question)
- Q1. Introduction and expectations
(1 Question)
- Q1. Introduction and some questions about finance related like what is reconciliation and record to report process
(1 Question)
- Q1. Salary discussion and availability of joining
Interview Preparation Tips
- record to report
- Bank Reconciliation
- Reporting
No need to exaggerate keep it simple and easy
(1 Question)
- Q1. Last salary, salary negotiation, gave info about incentives
(1 Question)
- Q1. Basic accounting knowledge, journal entries, PO/No-PO invoices
(1 Question)
- Q1. Personal questions, family, marriage, future goals
Interview Preparation Tips
Selected
I applied via Recruitment Consulltant and was interviewed in Sep 2022. There were 3 interview rounds.
(1 Question)
- Q1. Abt your self, r you comfortable with location, Will it okay with night shift
(1 Question)
- Q1. What donyou understand by accrual accounting. What is rent entry for rent.
- Ans.
Accrual accounting recognizes revenue and expenses when they are earned or incurred, regardless of when payment is received or made. Rent entry is a journal entry to record rent expense.
Accrual accounting is a method of accounting that recognizes revenue and expenses when they are earned or incurred, regardless of when payment is received or made.
Rent entry is a journal entry to record rent expense.
Rent expense is debi...
Interview Preparation Tips
Genpact Interview FAQs
Some of the top questions asked at the Genpact Process Developer interview for experienced candidates -
The duration of Genpact Process Developer interview process can vary, but typically it takes about less than 2 weeks to complete.
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Genpact Interview Process
based on 115 interviews
5 Interview rounds
- Resume Shortlist Round
- HR Round - 1
- One-on-one Round
- Personal Interview1 Round
- HR Round - 2
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Genpact Process Developer Reviews and Ratings
based on 6.1k reviews
Rating in categories
|
Process Developer
36.6k
salaries
|  ₹1.2 L/yr - ₹6.8 L/yr |
|
Process Associate
28.1k
salaries
| ₹0.9 L/yr - ₹7 L/yr |
|
Assistant Manager
20.4k
salaries
| ₹4 L/yr - ₹14.6 L/yr |
|
Management Trainee
19.8k
salaries
| ₹1.6 L/yr - ₹8.5 L/yr |
|
Manager
7.5k
salaries
| ₹7 L/yr - ₹24 L/yr |
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