Honeywell Automation Senior Financial Analyst Interview Questions and Answers

Difficulty level was average

Q1. Acedamic background, they wanted someone with strong mathematics skills. So some finance releated tricy mathematical questions. Understanding of books of accounts and its interconnection.
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Q2. Also, Why do want to join this company ad job. what salary do you expect in 10 years.
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Q3. Its a desk job thats what even interveiwer explained, so communication skill is not that important but understanding of concepts and genral knowledge about surrounding politics is.
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Q1. Genral HR questions. Hobbies
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Q2. What are your Strengts. kim my process was through campus some of my frieds HR round was different HR asked more questions to them
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Aptitude test is very hard

Q1. Question related to your core subjects
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Q2. Question 1 related to coding
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Q3. Ques 2 related to java
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Q4. Question 3 raleyd to python
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Q5. No question asked
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Q1. What made you change the previous company
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Q2. Can you tell me process improvements you made
Ans. 
Implemented automated financial reporting system to streamline processes
• Developed a new financial reporting template that reduced manual data entry by 50%

• Utilized advanced Excel functions to automate data analysis and reporting

• Implemented a new budgeting software that improved accuracy and efficiency in forecasting
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Q3. Can you tell me what feedback you got from previous one to one from your manager and what you did to overcome it
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Q4. Tell me how prepaid expenses are recorded in financial statements
Ans. 
Prepaid expenses are recorded as assets on the balance sheet until they are used up or expire.
• Prepaid expenses are initially recorded as assets on the balance sheet

• As the prepaid expenses are used up or expire, they are then recognized as expenses on the income statement

• The adjusting entry to recognize the expense involves debiting an expense account and crediting the prepaid expense account

• Examples of prepaid expenses...read more
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Q5. How to you use sumif and how do you rate your self in Excel
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Q6. What team you were in and were you only doing same process since start of your company and how can you adapt to process change
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Q7. How do you do foreign currency revaluation and explain proceess in sap
Ans. 
Foreign currency revaluation in SAP involves adjusting the value of foreign currency balances to reflect current exchange rates.
• Foreign currency revaluation is typically done at month-end or year-end to ensure financial statements accurately reflect the current exchange rates.

• In SAP, the process involves running the foreign currency revaluation program (transaction code FAGL_FC_VAL) to revalue open items in foreign cur...read more
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Q8. Have you gone through the details of job position you have applied and the can you explain more regarding the same
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About jiyacgi and ABB divrstment

Q1. Mapping details of Cost sheet
Ans. 
Cost sheet is a detailed statement of the various costs incurred in the production process.
• Cost sheet includes direct costs (like raw materials, labor) and indirect costs (like overhead expenses).

• It helps in analyzing the cost structure of a company and making informed decisions.

• Examples of costs on a cost sheet include material costs, labor costs, manufacturing overhead, and total cost of production.
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Q2. IFRS - Project accounts
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Q1. Budgeting , forecasting, variance analysis and inventory management
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Q1. Mostly about personal
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Q1. Interview virtually in teams Introduce yourself Family background Accounts questions Prepaid Prepaid expense IRR Accrued meaning Items from balance sheet Warrenty (follow up with some questions related...read more
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Q2. Prepare well 1st question is always basic and follow-up with a hard question related to the basic question.
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Balance sheet cash studying with merger

Q1. Merger Cost control Standard costing Merginal costing Budgets and forecasting
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