Genpact R2R Analyst Interview Questions, Process, and Tips

R2R stands for Record to Report, which is a finance and accounting process that involves collecting, processing, and reporting financial information.

• R2R is a key finance and accounting process that involves recording financial transactions, reconciling accounts, and preparing financial statements.

• It helps organizations to ensure accuracy and compliance in their financial reporting.

• Examples of R2R activities include jou...read more

I am a detail-oriented R2R Analyst with strong analytical skills and a passion for problem-solving.

• I have a Bachelor's degree in Accounting and 3 years of experience in R2R processes.

• I am proficient in using ERP systems such as SAP and Oracle.

• I have a strong understanding of financial statements and GAAP principles.

• I have experience in reconciling accounts, analyzing variances, and preparing financial reports.

• I am skil...read more

Reconciliation is the process of comparing two sets of records to ensure they are in agreement.

• Reconciliation involves comparing financial or transactional records to identify discrepancies.

• It is a crucial process in accounting and finance to ensure accuracy and prevent fraud.

• Examples include bank statement reconciliation, inventory reconciliation, and intercompany reconciliation.

• Reconciliation can be done manually or ...read more

Month end activities are the tasks performed at the end of each month to close the books and prepare financial statements.

• Reconciling accounts

• Posting adjusting entries

• Preparing financial statements

• Reviewing financial data for accuracy

• Closing the books

Bank reconciliation is the process of comparing a company's bank statement with its own financial records.

• It helps to identify any discrepancies between the two records.

• It ensures that all transactions are accurately recorded.

• It involves matching transactions on the bank statement with transactions in the company's accounting system.

• Any differences are investigated and resolved.

• Bank reconciliation is typically done on

Fixed Assets Reconciliation is the process of comparing the general ledger balance of fixed assets with the physical assets owned by the company.

• It involves verifying the existence, location, and condition of fixed assets

• It ensures that all fixed assets are accounted for and properly valued

• It helps in identifying any discrepancies between the general ledger and physical assets

• It is usually done on a periodic basis, suc...read more