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I applied via LinkedIn and was interviewed in Apr 2024. There was 1 interview round.
Bank reconciliation is the process of comparing a company's records with those of its bank to ensure they match.
Gather bank statements and company records
Compare deposits, withdrawals, and fees
Identify and resolve discrepancies
Adjust company records as needed
Ensure ending balances match
I would provide financial reports such as balance sheets, income statements, and cash flow statements.
Balance sheets
Income statements
Cash flow statements
Encountered a discrepancy in financial records and resolved it through thorough investigation and communication.
Identified the source of the discrepancy by comparing different financial documents
Communicated with relevant parties to gather more information and clarify any misunderstandings
Implemented corrective measures to rectify the discrepancy and prevent future occurrences
Top trending discussions
I applied via campus placement at VSM College, East Godavari
Bits of current affairs
Finance assignment
Finance is the management of money and other assets, including investments, budgeting, and financial planning.
Finance involves managing money and assets to achieve financial goals.
It includes activities such as budgeting, investing, and financial planning.
Finance helps individuals and organizations make informed financial decisions.
Examples of finance include managing a company's cash flow, investing in stocks and bond
ICICI sales refers to the sales activities and strategies of ICICI Bank, one of the largest private sector banks in India.
ICICI Bank offers a wide range of financial products and services to individual and corporate customers.
The bank utilizes various channels such as branches, online platforms, and mobile apps to drive sales.
ICICI Bank often runs promotional campaigns and offers discounts to attract new customers and ...
I was interviewed in Jan 2024.
I applied via Referral and was interviewed in Feb 2024. There was 1 interview round.
Management fee is typically calculated as a percentage of assets under management.
Management fee is usually calculated as a percentage of the total assets under management.
The percentage can vary depending on the investment firm and the type of assets being managed.
For example, a management fee of 1% means that the investor pays 1% of their total assets as a fee each year.
Management fees are typically charged annually ...
posted on 12 Aug 2024
I applied via LinkedIn and was interviewed before Aug 2023. There were 4 interview rounds.
Excel test..............
I am excited about the opportunity to contribute my financial expertise and leadership skills to a dynamic and growing organization like yours.
I am impressed by the company's reputation and success in the industry.
I believe my experience and qualifications align well with the requirements of the Assistant Manager Finance role.
I am eager to work with a talented team and contribute to the company's financial growth and s...
Variable costs change with production levels while fixed costs remain constant.
Variable costs fluctuate based on production volume (e.g. raw materials, labor)
Fixed costs remain the same regardless of production levels (e.g. rent, salaries)
Variable costs are directly related to the level of output, while fixed costs are independent of output
Understanding the distinction between variable and fixed costs is crucial for bu
I would rate myself as highly proficient in Excel.
I have extensive experience using advanced functions and formulas in Excel.
I am skilled in creating complex financial models and analyzing large datasets.
I have successfully automated various reporting processes using VBA macros.
I am proficient in data visualization techniques using pivot tables and charts.
I have completed advanced Excel courses and certifications to en
I applied via Company Website and was interviewed in Aug 2023. There were 3 interview rounds.
I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.
By giving a options to the relevant questions and give a much time to answer
posted on 28 Aug 2023
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
The golden rule of accounting is that for every debit entry, there must be an equal credit entry.
There are three types of accounts: personal, real, and nominal.
Personal accounts deal with individuals or organizations, real accounts deal with assets and liabilities, and nominal accounts deal with income and exp...
TDS stands for Tax Deducted at Source, a system where tax is deducted by the payer at the time of making payment.
TDS is deducted by the payer at the time of making certain payments like salary, rent, commission, etc.
The deducted amount is then deposited with the government on behalf of the payee.
TDS rates vary based on the type of payment and the payee's status.
TDS ensures a regular inflow of taxes to the government an...
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