Honeywell Automation Senior Financial Analyst Interview Questions and Answers

Q1. Tell me something about yourself why you are interested for this profile
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Q2. What do you understand by product life cycle , product hirerachy , etc
Ans. 
Product life cycle refers to the stages a product goes through from introduction to decline. Product hierarchy is the arrangement of products into categories based on their attributes.
• Product life cycle includes introduction, growth, maturity, and decline stages

• Product hierarchy involves categorizing products based on their attributes such as size, color, and features

• Product hierarchy can also involve grouping products...read more
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Q3. MDM process , OTC CYCLE
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Q1. SMT production planning
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Q2. SMT prosser manpower handling
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Q1. Experience of previous jobs
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Tough but pretty conceptual questions

Q1. About steam turbines and compressor
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Q2. About induction motor
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Q1. Simple question they 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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Q1. Tell me about yourself
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Q1. Tell me about your qualifications
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Q1. Roles and responsibilities
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