Genpact Senior Process Associate Interview Questions, Process, and Tips

Q1. What is Invoice?
Ans. 
An invoice is a document that lists the products or services provided by a seller to a buyer, along with the cost and payment terms.
• An invoice serves as a request for payment from the buyer to the seller.

• It typically includes details such as the quantity, description, price, and total amount due for the products or services.

• Invoices are used in business transactions to keep track of sales and payments.

• They may also inc...read more
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Q2. What is Purchase Order?
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A Purchase Order is a document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
• A Purchase Order is a legally binding document

• It specifies the details of the products or services being purchased

• It includes quantities, prices, delivery dates, and terms of payment

• It serves as a record of the transaction between the buyer and seller

• Examples: PO#1234 for 100 units of P...read more
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Q3. Why are you leaving your current organisation?
Ans. I've been looking for an opportunity to grow and develop my skills, and I'm excited to explore new opportunities.
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Q1. What is accounts payable?
Ans. 
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable represents a company's short-term debt obligations to its suppliers or vendors.

• It is recorded as a liability on the company's balance sheet.

• Accounts payable is typically paid within a specified period, often 30, 60, or 90 days.

• Examples of accounts payable include invoices from su...read more
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Q2. It's an account on your company's general ledger that represents on obligation to pay off a debt to creditor or supplier.
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Q3. How many types account and Golden rule of accounts:
Ans. 
There are two types of accounts - Personal and Impersonal. The Golden Rule of Accounts states that Debit what comes in, Credit what goes out.
• Types of accounts: Personal (e.g. Capital, Drawings) and Impersonal (e.g. Cash, Furniture)

• Golden Rule of Accounts: Debit the receiver, Credit the giver (e.g. Debiting Cash when it comes into the business, Crediting Sales when goods are sold)
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Q4. How was your experience in the last job?
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Q5. It was a great experience in my last job where I have learnt lot of about account payable process like: Invoice processing - Where I post all PO and Non- Po based invoices. Apart from that, I have worked ...read more
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Q1. What are my job responsibilities in last company?
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Q2. How much experience do you have?
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Q3. Would you ready to do work on this profile?
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Q1. What are your areas of expertise and how would you describe your skills?
Ans. 
Areas of expertise include process improvement, data analysis, and project management. Skilled in problem-solving, communication, and leadership.
• Process improvement

• Data analysis

• Project management

• Problem-solving

• Communication

• Leadership
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Q1. How will you manage pressure in the workplace?
Ans. 
I manage pressure in the workplace by prioritizing tasks, taking breaks, and seeking support from colleagues.
• Prioritize tasks based on deadlines and importance

• Take short breaks to recharge and refocus

• Seek support from colleagues or supervisors when feeling overwhelmed
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Q1. Can you describe your experience at your last company?
Ans. 
I worked at a large financial services company where I managed process improvement projects and led a team of analysts.
• Managed process improvement projects

• Led a team of analysts

• Implemented new strategies to increase efficiency

• Collaborated with cross-functional teams to streamline processes
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Q1. What was the process followed in your last organization?
Ans. 
In my last organization, the process followed involved receiving client requests, analyzing requirements, creating process flows, implementing solutions, and conducting quality checks.
• Received client requests for process improvement

• Analyzed requirements and identified areas for optimization

• Created process flows and documented procedures

• Implemented solutions and monitored their effectiveness

• Conducted quality checks to e
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Q1. Generally starts with "Tell me about yourself, skills you have and your past experience"
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Some Normal Maths and Reasoning Questions.

Q1. An assessment to check your grammar.
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Q1. This round comes up with salary discussion and joining process.
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Q1. Tell me about yourself
Ans. 
Experienced process associate with strong analytical skills and a proven track record of improving efficiency and accuracy.
• Over 5 years of experience in process improvement and data analysis

• Proficient in using various software tools to streamline processes

• Implemented new strategies that resulted in a 20% increase in productivity

• Strong attention to detail and ability to multitask effectively
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Q2. Accounts Related Questions
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