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IFCI Financial Services Assistant Chartered Accountant Interview Questions, Process, and Tips

Updated 27 Sep 2024

IFCI Financial Services Assistant Chartered Accountant Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - Technical 

(5 Questions)

  • Q1. Last date to claim itc in gst
  • Ans. 

    The last date to claim Input Tax Credit (ITC) in GST is the due date for filing the monthly return for September of the following financial year or the annual return, whichever is earlier.

    • Last date to claim ITC in GST is the due date for filing the monthly return for September of the following financial year or the annual return, whichever is earlier.

    • ITC for invoices pertaining to FY 2020-21 can be claimed till the due...

  • Answered by AI
  • Q2. Explain irr and npv in laymen language
  • Ans. 

    IRR and NPV are financial metrics used to evaluate the profitability of an investment. IRR is the rate of return that makes the net present value of all cash flows equal to zero, while NPV is the difference between the present value of cash inflows and outflows.

    • IRR is the rate at which the net present value of cash flows is zero.

    • NPV is the difference between the present value of cash inflows and outflows.

    • IRR helps in d...

  • Answered by AI
  • Q3. What is deferred tax assets
  • Ans. 

    Deferred tax assets are future tax benefits that arise from overpayment or overprovision of taxes in current or previous periods.

    • Deferred tax assets are recorded on the balance sheet when a company has paid more taxes than it owes, or has made provisions for taxes that are higher than the actual tax liability.

    • They represent potential tax savings that can be realized in the future when the company's taxable income is hi...

  • Answered by AI
  • Q4. Concept of LGD (loss given default)
  • Ans. 

    LGD (Loss Given Default) is the amount of money a lender loses when a borrower defaults on a loan.

    • LGD is expressed as a percentage of the total exposure at default (EAD).

    • It represents the portion of the loan that is not recovered after a borrower defaults.

    • LGD can vary depending on the type of loan, collateral, and economic conditions.

    • For example, if a borrower defaults on a $100,000 loan and the LGD is 50%, the lender ...

  • Answered by AI
  • Q5. And basic questions, tell me about yourself, will you be able to commute to office on daily basis, ready to travel sometimes of not, etc.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and answer in simple language

Interview questions from similar companies

Executive Accountant Interview Questions & Answers

Procter & Gamble user image saumya chandrakant bhekare

posted on 18 May 2023

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before May 2022. There was 1 interview round.

Round 1 - HR 

(6 Questions)

  • Q1. Accountant related work
  • Q2. What about your experience
  • Ans. 

    I have over 10 years of experience in accounting, including managing financial statements and budgets.

    • Managed financial statements for a multi-million dollar company

    • Developed and monitored budgets to ensure financial stability

    • Led a team of accountants to streamline processes and improve efficiency

  • Answered by AI
  • Q3. What is your self experience
  • Ans. 

    I have over 10 years of experience in accounting, including managing financial statements and budgets.

    • Managed financial statements for a large corporation

    • Developed and monitored budgets for various departments

    • Implemented cost-saving measures to improve profitability

    • Led a team of accountants to ensure accurate and timely reporting

  • Answered by AI
  • Q4. What is your family backround
  • Ans. 

    My family background is diverse and multicultural, with members from various professions and backgrounds.

    • My parents are both educators, with my mother being a high school teacher and my father a college professor.

    • I have a sibling who works in the technology industry as a software engineer.

    • My extended family includes doctors, lawyers, and entrepreneurs, providing a wide range of perspectives and experiences.

    • We celebrate...

  • Answered by AI
  • Q5. WHAT IS SALARY EXPTECTED ?
  • Ans. 

    The expected salary for an Executive Accountant varies depending on factors such as experience, location, and company size.

    • Expected salary can range from $60,000 to $100,000+ per year.

    • Factors influencing salary include years of experience, level of education, industry, and geographic location.

    • Research industry standards and salary surveys to determine a reasonable salary expectation.

    • Consider negotiating benefits and bo

  • Answered by AI
  • Q6. WHAT IS OFFICE TIMING ?
  • Ans. 

    Office timing refers to the designated hours during which employees are expected to be present at work.

    • Office timing typically includes a start time, end time, and any designated break periods.

    • It may vary depending on the company's policies and industry standards.

    • For example, a typical office timing could be from 9:00 AM to 5:00 PM with a one-hour lunch break from 12:00 PM to 1:00 PM.

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
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 - One-on-one 

(3 Questions)

  • Q1. 1.Current job responsibilities
  • Q2. 2.Sap T codes and functions
  • Q3. 3.Journal entries and gst related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Dont worry easy process, Just they will ask basics
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Jan 2024.

Round 1 - Group Discussion 

Company development Group discussion

Round 2 - One-on-one 

(1 Question)

  • Q1. Every issue and keeps doing right works
Round 3 - Technical 

(1 Question)

  • Q1. Technical works is real like
Round 4 - HR 

(1 Question)

  • Q1. Working sincerely and truly works and friendly duty works
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Sep 2022. There were 3 interview rounds.

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 - HR 

(2 Questions)

  • Q1. Tell me about your self, And previous work experience.
  • Q2. Are you willing to work with us?
Round 3 - Behavioral 

(2 Questions)

  • Q1. Do you know about Vlookup?
  • Q2. Do you know about Pivot Table and basic excel?
  • Ans. 

    Yes, I am familiar with Pivot Tables and basic Excel functions.

    • I have experience creating Pivot Tables to summarize and analyze data in Excel.

    • I am proficient in using functions like VLOOKUP, SUMIF, and COUNTIF in Excel.

    • I can manipulate data using filters, sorting, and conditional formatting in Excel.

    • I have used Excel for financial analysis, budgeting, and forecasting.

    • I am comfortable working with large datasets and cre

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - You may feel panic or lower confident but you should control all these things, and show the courage and confident while speaking. Listen carefully before reply.

Skills evaluated in this interview

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Group Discussion 

GIVE QUESTIONS ABOUT ACCOUNTING TO BE DISCUSSED AND ANSWERED IMMEDIATELY.

Round 2 - One-on-one 

(1 Question)

  • Q1. 1. PERSONAL QUESTIONS SHOULD BE ASKED 2. WHAT DO YOU KNOW ABOUT WIPRO 3. WHAT DO YOU KNOW ABOUT THE JOB PROFILE YOU ARE HERE FOR? 4. YOUR SALARY EXPECTATIONS 5. WHERE WILL YOU SEE YOURSELF AFTER 5 YEARS

Interview Questionnaire 

3 Questions

  • Q1. You are account Executive apply?
  • Ans. Aek account Executive ko tally and GST ka knowledge hona chahiye
  • Answered Anonymously
  • Q2. You are marketing apply?
  • Q3. What's your intrest?
  • Ans. 

    My interests include reading, traveling, and trying new cuisines.

    • I enjoy reading books on various topics such as history, psychology, and biographies.

    • I love to travel and explore new cultures. Some of my favorite destinations include Japan, Italy, and Thailand.

    • I am a foodie and enjoy trying new cuisines. I recently tried Ethiopian food and loved it!

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Sir aap account me job karna chahte ho to basic tally aana chahiye and GST ka knowledge and patanjali Diffrent product ki jankari honi chahiye
Round 1 - HR 

(5 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. Why should we hire you?
  • Q4. Where do you see yourself in 5 years?
  • Q5. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - SIR & MAM MUJHE JOB KI ADHIK JARURAT HAN MAI JOB KARNE KA EJHUCK HUN

IFCI Financial Services Interview FAQs

How many rounds are there in IFCI Financial Services Assistant Chartered Accountant interview?
IFCI Financial Services interview process usually has 1 rounds. The most common rounds in the IFCI Financial Services interview process are Technical.
What are the top questions asked in IFCI Financial Services Assistant Chartered Accountant interview?

Some of the top questions asked at the IFCI Financial Services Assistant Chartered Accountant interview -

  1. Explain irr and npv in laymen langu...read more
  2. Concept of LGD (loss given defau...read more
  3. What is deferred tax ass...read more

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IFCI Financial Services Assistant Chartered Accountant Interview Process

based on 1 interview

Interview experience

4
  
Good
View more

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