Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by IFB Team. If you also belong to the team, you can get access from here

IFB Verified Tick

Compare button icon Compare button icon Compare

Filter interviews by

IFB Head/VP/GM-Finance/Audit Interview Questions, Process, and Tips for Experienced

Updated 16 Jul 2021

IFB Head/VP/GM-Finance/Audit Interview Experiences for Experienced

1 interview found

Interview Questionnaire 

5 Questions

  • Q1. What is the recent merger and acquisition in India
  • Ans. 

    The recent merger and acquisition in India is the acquisition of Future Group by Reliance Industries.

    • Reliance Industries acquired Future Group's retail, wholesale, logistics, and warehousing businesses for $3.4 billion.

    • This acquisition will strengthen Reliance's position in the retail market and expand its presence across India.

    • The deal faced legal challenges from Amazon, which had a stake in one of Future Group's comp...

  • Answered by AI
  • Q2. What is the libor rate and trend
  • Ans. 

    LIBOR is the London Interbank Offered Rate, a benchmark interest rate used globally.

    • LIBOR is used as a reference rate for various financial instruments such as loans, mortgages, and derivatives

    • It is calculated daily by the Intercontinental Exchange (ICE) based on submissions from a panel of banks

    • The trend of LIBOR has been decreasing since the financial crisis in 2008, and is set to be phased out by the end of 2021

    • The ...

  • Answered by AI
  • Q3. Recent changes in GST
  • Ans. 

    Recent changes in GST

    • The GST Council has made several changes to the GST rates and rules in recent times

    • The GST rate on several items has been reduced, such as on electric vehicles, hotel tariffs, and movie tickets

    • The GST return filing process has been simplified with the introduction of new forms

    • The GST Council has also introduced measures to curb tax evasion and improve compliance

    • The recent changes aim to make GST mo

  • Answered by AI
  • Q4. Lease accounting as per IND AS
  • Ans. 

    Lease accounting under IND AS involves recognizing lease assets and liabilities on the balance sheet.

    • Lease accounting under IND AS follows the principles of IFRS 16.

    • Lease assets and liabilities are recognized on the balance sheet.

    • Lease payments are split into principal and interest components.

    • Lease expenses are recognized on the income statement.

    • Disclosure requirements include lease term, discount rate, and lease payme...

  • Answered by AI
  • Q5. Difference between IFRS and IND-AS
  • Ans. 

    IFRS and IND-AS are both accounting standards, but IND-AS is based on IFRS with some modifications for Indian companies.

    • IFRS is used in over 100 countries, while IND-AS is used only in India.

    • IFRS is more principles-based, while IND-AS is more rules-based.

    • IFRS allows for more judgment and estimates, while IND-AS is more prescriptive.

    • IFRS has a single standard for revenue recognition, while IND-AS has separate standards ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I would suggest candidates should aware about recent information about Finance like which renowned company is issued IPO , merger and acquisition, Recent amendment of Company Law, GST , Income Tax etc.

Interview questions from similar companies

I appeared for an interview in Jan 2021.

Interview Questionnaire 

3 Questions

  • Q1. Past Experience
  • Q2. Handling market
  • Q3. Market durability

Interview Preparation Tips

Interview preparation tips for other job seekers - Just feel free to speak about your past job, automatically you'll be the one

I applied via Naukri.com and was interviewed in May 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Questions were asked on Lean, six sigma, process capability, QC, kaizens etc.

Interview Preparation Tips

Interview preparation tips for other job seekers - Listen carefully and than give answers. Answers should be crisp and to the point.

I applied via Naukri.com and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. How would you adjust with our culture?
  • Ans. Being Asian mnc, LG culture is quite different s, work from home is strictly not allowed. But I said culture won't affect as long as you enjoy work. But now I feel the gravity of question after six months. If you are ready to accept harsh working hours and almost no work life balance then you may join LG
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are fresher then it's a good opportunity for you, just say yes sir to most of their questions and you will get on board, don't question their policies.

Interview Questionnaire 

2 Questions

  • Q1. Basic HVAC knowledge like how Airconditioning works?
  • Q2. What exactly your profile in your current company?
  • Ans. 

    I am currently working as a Senior Sales Executive in my current company.

    • Responsible for managing a team of sales representatives

    • Developing and implementing sales strategies to achieve targets

    • Building and maintaining relationships with key clients

    • Analyzing market trends and competitor activities

    • Preparing sales reports and presenting them to senior management

  • Answered by AI
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Coding Test 

Some coding test related to coding languages

Round 3 - Case Study 

Some case study like giving percentage of user and then find out how much people will like it

Interview Preparation Tips

Interview preparation tips for other job seekers - Be humble and say truth dont worry alot! Prepare for interview
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Technical 

(6 Questions)

  • Q1. Too much technical about RAC
  • Ans. Latent heat, sensible heat, heat load calculation
  • Answered Anonymously
  • Q2. How to convert a plus chiller to minus chiller package
  • Ans. 

    To convert a plus chiller to a minus chiller package, the refrigeration system needs to be modified to accommodate the change in temperature requirements.

    • Modify the refrigeration system to allow for lower temperatures

    • Adjust the settings and controls to operate at negative temperatures

    • Install additional insulation to maintain lower temperatures

    • Replace any components that are not rated for sub-zero temperatures

  • Answered by AI
  • Q3. Few technicalities which can help you answer on HVAC segment
  • Ans. How to design & built a project using Autocad2D
  • Answered Anonymously
  • Q4. Difference between inverter and fixed speed
  • Ans. 

    Inverter changes speed based on load, while fixed speed operates at a constant speed.

    • Inverter adjusts motor speed to match the required load, saving energy and reducing wear and tear.

    • Fixed speed motors operate at a constant speed regardless of the load, leading to higher energy consumption.

    • Inverter technology is commonly used in air conditioners and refrigerators for energy efficiency.

    • Fixed speed motors are often found...

  • Answered by AI
  • Q5. How is pumps HP calculated
  • Ans. 

    Pump HP is calculated using the formula: HP = (Q x H) / (3960 x Efficiency)

    • HP = Horsepower of the pump

    • Q = Flow rate of the pump in gallons per minute (GPM)

    • H = Total head in feet

    • Efficiency = Efficiency of the pump as a decimal

  • Answered by AI
  • Q6. What is suction head
  • Ans. 

    Suction head is the vertical distance between the pump impeller and the surface of the liquid being pumped.

    • Suction head is important in determining the efficiency of a pump.

    • It is crucial for ensuring that the pump does not cavitate, which can damage the pump.

    • Examples of suction head include static suction head and dynamic suction head.

  • Answered by AI
Round 3 - Technical 

(8 Questions)

  • Q1. Chiller selection based on which parameters
  • Ans. 

    Chiller selection is based on various parameters such as cooling capacity, efficiency, size, noise level, and cost.

    • Cooling capacity: Determine the required cooling capacity based on the size of the space and heat load.

    • Efficiency: Look for energy-efficient models to reduce operating costs.

    • Size: Consider the physical dimensions of the chiller to ensure it fits in the designated space.

    • Noise level: Choose a chiller with lo...

  • Answered by AI
  • Q2. Inlet & outlet temp for both evap & Cond If aircooled ambient prescription in ISHRAE
  • Ans. 

    The inlet and outlet temperatures for both the evaporator and condenser depend on the ambient conditions prescribed by ISHRAE.

    • Inlet and outlet temperatures for the evaporator and condenser will vary based on the ambient conditions specified by ISHRAE standards.

    • For air-cooled systems, the inlet temperature for the evaporator is typically higher than the outlet temperature, while the opposite is true for the condenser.

    • IS...

  • Answered by AI
  • Q3. VRF : what is diversity, how it helps to gain more bookings
  • Q4. How to design ODU VRF with AHU
  • Ans. 

    Designing ODU VRF with AHU involves selecting compatible units, determining capacity requirements, and ensuring proper installation.

    • Select compatible ODU VRF and AHU units based on capacity and efficiency requirements

    • Calculate the total cooling and heating load of the space to determine the capacity needed

    • Design the refrigerant piping and electrical connections between the ODU VRF and AHU

    • Ensure proper ventilation and a...

  • Answered by AI
  • Q5. How refnets are calculated
  • Ans. 

    Refnets are calculated based on the number of referrals made by an individual.

    • Refnets are typically calculated by counting the number of referrals made by an individual.

    • The formula for calculating refnets may vary depending on the specific program or system being used.

    • Refnets can be used to track the effectiveness of referral programs and the performance of individuals in generating referrals.

  • Answered by AI
  • Q6. In chilled water syatem where is PIBCV valves are installed
  • Ans. 

    PIBCV valves are typically installed on the supply side of the chilled water system.

    • PIBCV valves are installed on the supply side to control the flow of chilled water into the system.

    • They are often located near the chillers or air handling units.

    • PIBCV valves help regulate the temperature of the chilled water circulating in the system.

    • These valves are crucial for maintaining the efficiency and performance of the chilled

  • Answered by AI
  • Q7. What is IK/TR & What is NPLV
  • Ans. 

    IK/TR stands for Installment Key/Total Receivables and NPLV stands for Net Present Loan Value.

    • IK/TR is a financial metric used to calculate the ratio of total installment payments to total receivables.

    • NPLV is a financial metric used to determine the net present value of a loan.

    • IK/TR is important for assessing the repayment capacity of borrowers, while NPLV helps in evaluating the profitability of loans.

    • Example: If a bo...

  • Answered by AI
  • Q8. What is MaX COP of VRF vs Chillers
  • Ans. 

    The MaX COP of VRF systems is typically higher than that of chillers.

    • VRF systems generally have a higher COP (Coefficient of Performance) compared to chillers.

    • VRF systems can achieve COP values of 4 or higher, while chillers typically have COP values around 2 to 3.

    • The higher COP of VRF systems makes them more energy efficient and cost-effective in the long run.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Too much technicalities leads to zero increments, be aggressive on piches you give

I applied via LinkedIn and was interviewed in Jan 2022. There were 2 interview rounds.

Round 1 - Technical 

(6 Questions)

  • Q1. Grouting theary , pracally explanation
  • Ans. 

    Grouting is the process of filling gaps or spaces between tiles or masonry with a cement-based material.

    • Grouting helps to create a uniform and stable surface.

    • It prevents water from seeping through gaps and causing damage.

    • Grouting can be done with different types of materials such as cement, epoxy, or urethane.

    • The process involves mixing the grout material with water to form a paste, applying it to the gaps, and then wi...

  • Answered by AI
  • Q2. Previous work experience
  • Q3. Responsibilitys and dutys
  • Q4. Conical wall shuttering
  • Q5. Minimum reinforcement
  • Q6. Design mix and concrete planning
Round 2 - HR 

(2 Questions)

  • Q1. Salary discussion and notice period
  • Q2. Site location & accommodation

Interview Preparation Tips

Topics to prepare for Voltas Assistant Manager interview:
  • Wtp, intakes, pump house & Esr
Interview preparation tips for other job seekers - Speak your old experience and Responsibilities
Round 1 - Technical 

(1 Question)

  • Q1. Technical all questions and family background

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare technical for quality department

Assistant Manager Interview Questions & Answers

Voltas user image Rahul Pawar/EM&RBG/WAGHODIA

posted on 10 Oct 2022

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Depends on profile R & D or design
Round 3 - One-on-one 

(1 Question)

  • Q1. Depends on profile r & D or design

Interview Preparation Tips

Interview preparation tips for other job seekers - Depends on profile for role in the company, question related to your job and previoues company only

IFB Interview FAQs

What are the top questions asked in IFB Head/VP/GM-Finance/Audit interview for experienced candidates?

Some of the top questions asked at the IFB Head/VP/GM-Finance/Audit interview for experienced candidates -

  1. What is the recent merger and acquisition in In...read more
  2. What is the libor rate and tr...read more
  3. Difference between IFRS and IND...read more

Tell us how to improve this page.

Interview Questions from Similar Companies

Samsung Interview Questions
3.9
 • 555 Interviews
HARMAN Interview Questions
3.7
 • 266 Interviews
OPPO Interview Questions
4.0
 • 217 Interviews
LG Electronics Interview Questions
4.0
 • 205 Interviews
Blue Star Interview Questions
4.1
 • 169 Interviews
Apple Interview Questions
4.3
 • 140 Interviews
Voltas Interview Questions
4.0
 • 132 Interviews
Bajaj Electricals Interview Questions
4.0
 • 127 Interviews
Whirlpool Interview Questions
3.9
 • 95 Interviews
View all
Senior Executive
190 salaries
unlock blur

₹3.7 L/yr - ₹15 L/yr

Assistant Manager
176 salaries
unlock blur

₹5.7 L/yr - ₹16.8 L/yr

Sales Executive
161 salaries
unlock blur

₹1.2 L/yr - ₹4.5 L/yr

Business Manager
123 salaries
unlock blur

₹8 L/yr - ₹24 L/yr

Customer Service Associate
101 salaries
unlock blur

₹1.4 L/yr - ₹3.2 L/yr

Explore more salaries
Compare IFB with

Samsung

3.9
Compare

OPPO

4.0
Compare

LG Electronics

4.0
Compare

HARMAN

3.7
Compare
Did you find this page helpful?
Yes No
write
Share an Interview