Ideabright Infotech AM - Finance & Accounts Interview Questions and Answers

Q1. Tell me about yourself
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Q1. Self introduction
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Q2. What is finance
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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
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Q1. What do you know about ICICI sales
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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 ...read more
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Q2. What do you know about your local area
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Q1. HR discussion was very good
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Q2. Client discussion was vey good
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Q1. Client interaction was very excellent
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Q1. F2F interview gone well
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Q1. Offer letter from HR
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Q1. Tell me about yourself
Ans. 
Experienced finance executive with a strong background in financial analysis and strategic planning.
• Over 10 years of experience in finance roles

• Expertise in financial modeling and forecasting

• Proven track record of driving profitability and growth

• Strong leadership and communication skills

• Previously worked as a Finance Manager at XYZ Company
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Q2. What is accounting
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Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Accounting involves recording financial transactions such as sales, purchases, and expenses.

• It includes summarizing the financial data into financial statements like balance sheets and income statements.

• Accounting also involves analyzing the financial information to provide insights for decision-making.

• Rep...read more
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It represents a person's level of competency to perform a certain type of task. Aptitude tests are often used to assess academic potential or career suitability and may be used to assess either mental or physical talent in a variety Domains

Q1. Asking many questions like introduction
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Q2. What is your Qualification
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Q3. Related to our qualification background
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Q4. Our skills and knowledge cheking
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Involve working through a business problem or scenario with the interviewer to reach a logical conclusion.

Q1. About yourself it was easy
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Q1. Finance interview was little tough
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Q1. Variable cost.............
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Q2. Overhead..........
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Excel test..............

Q1. Why to join .............
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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...read more
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Q2. Variable cost vs fixed cost ........
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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
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Q1. Current CTC.........
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Q2. How would you rate yourself in excel...............
Ans. 
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
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Q1. Introducing my self
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Q2. About financial and Accounts
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