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Genpact Management Trainee Finance Interview Questions and Answers
Genpact Management Trainee Finance Interview Experiences
5 interviews found
Anonymous
I applied via Naukri.com and was interviewed in Dec 2021. There were 3 interview rounds.
(4 Questions)
- Q1. What is OTC Process in Accountancy?
- Ans.
OTC process in accountancy refers to the process of recording and managing transactions that occur outside of an exchange.
OTC stands for Over-The-Counter
It involves transactions that are not traded on a formal exchange
OTC transactions are negotiated directly between two parties
Examples include currency swaps, forward contracts, and options
OTC process requires proper documentation and risk management
- Q2. What is the OTC Cycle?
- Ans.
OTC Cycle refers to the process of buying and selling securities outside of formal exchanges.
OTC stands for Over-The-Counter
OTC Cycle involves direct negotiations between buyers and sellers
OTC securities are not listed on formal exchanges like NYSE or NASDAQ
OTC securities include stocks, bonds, and derivatives
OTC trading is less regulated and more risky than exchange trading
- Q3. What are your responsibilities in current Company?
- Q4. Why do you want to change your company?
(2 Questions)
- Q1. Current Salary & Expected Salary
- Q2. Negotiation for salary till finalization of Salary.
Interview Preparation Tips
You have to give a summarised answer which can explain your responsibilities & the answer should be matched with your profile which you shows to the employer.
I applied via Approached by Company and was interviewed in May 2022. There were 3 interview rounds.
(1 Question)
- Q1. Some technical journal entries, excel formulas (vlookup,macros) previous experience
(2 Questions)
- Q1. Hobbies & why this hobby
- Q2. Family and views on family
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Dec 2020. There were 6 interview rounds.
Interview Questionnaire
1 Question
- Q1. Journal entries and process related questions
Interview Preparation Tips
What people are saying about Genpact
I applied via Naukri.com and was interviewed before Mar 2021. There were 2 interview rounds.
(1 Question)
- Q1. Defination realting to accounts
Interview Preparation Tips
- Accounting
- Taxation
- SAP
Genpact interview questions for designations
Interview Questionnaire
5 Questions
- Q1. About self intro
- Q2. Net working capital
- Ans.
Net working capital is the difference between current assets and current liabilities.
Net working capital is a measure of a company's liquidity and ability to meet short-term obligations.
It is calculated by subtracting current liabilities from current assets.
A positive net working capital indicates that a company has enough current assets to cover its current liabilities.
A negative net working capital indicates that a c...
- Q3. Accruals n actuals along with journal entry
- Ans.
Accruals and actuals are accounting concepts used to record expenses and revenues in the correct period.
Accruals are expenses or revenues that have been incurred but not yet recorded in the accounting system.
Actuals are expenses or revenues that have been recorded in the accounting system.
Journal entries are used to record accruals and actuals in the accounting system.
Accruals are recorded with a debit to an expense ac...
- Q4. Depriciation journal entry
- Q5. Budjeting and forecasting
- Ans.
Budgeting and forecasting are crucial for financial planning and decision-making.
Budgeting involves creating a financial plan for a specific period of time, usually a year, and allocating resources accordingly.
Forecasting involves predicting future financial outcomes based on past data and current trends.
Both budgeting and forecasting help in identifying potential financial risks and opportunities.
Examples of budgeting...
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I applied via Company Website and was interviewed before May 2021. There were 2 interview rounds.
(1 Question)
- Q1. Accounting basics and situational questions
Interview Preparation Tips
(5 Questions)
- Q1. Explain budgeting
- Ans.
Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.
Involves estimating income and expenses
Setting financial goals
Monitoring actual performance against the budget
Adjusting the budget as needed
Common types include operating budgets, capital budgets, and cash budgets
- Q2. Explain forecasting
- Ans.
Forecasting is the process of making predictions about future trends based on past and present data.
Forecasting involves analyzing historical data to identify patterns and trends
Different methods such as qualitative and quantitative analysis can be used for forecasting
Common techniques include time series analysis, regression analysis, and econometric modeling
Forecasting helps businesses make informed decisions and pla...
- Q3. Explain revenue recognition
- Ans.
Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.
Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.
It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.
Different industries may have specific guidelines for revenue recog...
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
- Ans.
Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.
Assets are recognized in the balance sheet to show the company's resources and their value.
Depreciation is recorded to allocate the cost of assets over their useful life.
Recognizing assets and depreciating them helps in accurately reflecting ...
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(1 Question)
- Q1. What is the capital market?
I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.
Its related to accounting concepts
(1 Question)
- Q1. Anything can related to accounts
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Genpact Management Trainee Finance Reviews and Ratings
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Rating in categories
|
Process Developer
36.1k
salaries
|  ₹1 L/yr - ₹6.8 L/yr |
|
Process Associate
28k
salaries
| ₹0.9 L/yr - ₹6.5 L/yr |
|
Assistant Manager
19.8k
salaries
| ₹5 L/yr - ₹14 L/yr |
|
Management Trainee
19.2k
salaries
| ₹1.6 L/yr - ₹8.5 L/yr |
|
Manager
7.4k
salaries
| ₹5.7 L/yr - ₹24 L/yr |
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