Genpact Record to Report Team Lead Interview Questions and Answers

Q1. What is journal entries
Ans. 
Journal entries are accounting records that show the financial transactions of a business.
• Journal entries are used to record transactions in the general ledger.

• They consist of a debit entry and a credit entry, with an explanation of the transaction.

• Each journal entry must balance, with total debits equaling total credits.

• Examples of journal entries include recording sales revenue, expenses, and asset purchases.
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Q1. Describe about yourself
Ans. 
Experienced Reporting Analyst with a strong background in data analysis and visualization.
• Over 5 years of experience in analyzing and interpreting complex data sets

• Proficient in using tools like SQL, Excel, Tableau for data analysis and reporting

• Strong communication skills to present findings and recommendations to stakeholders

• Ability to identify trends and patterns in data to drive business decisions

• Certified in data
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Q2. What all you did in reporting all these years
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Q3. What all skill sets you used till now
Ans. 
I have used a variety of skill sets including data analysis, reporting, SQL, Excel, and communication.
• Data analysis

• Reporting

• SQL

• Excel

• Communication
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Q1. Accruals question
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Q2. Reconciliation questions
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Q1. Who are the major client of TCS?
Ans. 
Some major clients of TCS include IBM, Microsoft, Citibank, and Sony.
• IBM

• Microsoft

• Citibank

• Sony
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Q1. Interviewer was very good in accounting and asked many questions. But my answer satisfied him and got selected.
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Basic Aptitude questions

Q1. Personal and behavioral questions
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Q1. Questions about my project in college
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Q1. Situational and personality-related questions
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Q1. Concept of accounting
Ans. 
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Accounting involves recording financial transactions

• Summarizing and analyzing financial data to create financial statements

• Reporting financial information to stakeholders

• Helps in decision-making and financial planning

• Follows Generally Accepted Accounting Principles (GAAP)
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Q2. Golden rules of accounting
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• Debit what comes in, credit what goes out (Real accounts)

• Debit the receiver, credit the giver (Personal accounts)

• Debit all expenses and losses, credit all incomes and gains (Nominal accounts)
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Multiple choice questions

Q1. Accounts related questions
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Q2. Normal work related questions like process of accounting
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