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IIT Bombay Account Assistant Interview Questions and Answers

Updated 7 Jul 2021

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(5 Questions)

  • Q1. What is your ambition in this field
  • Ans. 

    My ambition in this field is to become a certified accountant and eventually work my way up to a managerial position.

    • Obtain certification as a Chartered Accountant

    • Gain experience in various accounting roles

    • Develop strong analytical and problem-solving skills

    • Work towards a managerial position within the accounting department

  • Answered by AI
  • Q2. Can you explain differnt programms in accounts
  • Ans. 

    Different programs in accounts include accounting software, payroll software, and tax preparation software.

    • Accounting software helps in recording financial transactions and generating reports.

    • Payroll software assists in managing employee salaries, benefits, and taxes.

    • Tax preparation software simplifies the process of filing taxes accurately and efficiently.

  • Answered by AI
  • Q3. What is career advancement
  • Ans. 

    Career advancement refers to the progression and growth in one's career through promotions, skill development, and increased responsibilities.

    • Career advancement involves moving up the corporate ladder by taking on higher-level roles and responsibilities.

    • It can also include acquiring new skills and certifications to enhance one's qualifications.

    • Networking and building relationships within the industry can also contribut...

  • Answered by AI
  • Q4. What are your strengths
  • Ans. 

    My strengths include attention to detail, strong organizational skills, and ability to work well under pressure.

    • Attention to detail: I am meticulous in my work and always double-check my calculations to ensure accuracy.

    • Strong organizational skills: I am able to prioritize tasks effectively and keep track of deadlines.

    • Ability to work well under pressure: I thrive in fast-paced environments and can remain calm and focuse...

  • Answered by AI
  • Q5. What are your weakness
  • Ans. 

    One of my weaknesses is that I can be overly critical of my own work.

    • I tend to be a perfectionist and can spend too much time on a task trying to make it perfect.

    • I sometimes struggle with delegating tasks to others because I want to ensure they are done correctly.

    • I am working on improving my time management skills to prioritize tasks more effectively.

  • Answered by AI

I applied via Company Website and was interviewed before Sep 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

Basic accounting questions
Basic journal entries and accounts

Round 2 - One-on-one 

(1 Question)

  • Q1. What is tds and how much percentage should be deducted?
  • Ans. 

    TDS stands for Tax Deducted at Source. It is a tax collected by the government at the time of payment.

    • TDS is a tax collected by the government at the time of payment.

    • It is deducted from the income of the recipient.

    • The percentage of TDS varies depending on the type of payment and the income of the recipient.

    • For example, the TDS rate for salary income can range from 5% to 30% depending on the income slab.

    • For rent payment...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for SRM Institute of Science and Technology Account Assistant interview:
  • Golden rules
Interview preparation tips for other job seekers - Understand the basic concepts of accounting
And be prepared with golden rules
Basics of tds and gst
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(5 Questions)

  • Q1. What is your ambition in this field
  • Ans. 

    My ambition in this field is to become a certified accountant and eventually work my way up to a managerial position.

    • Obtain certification as a Chartered Accountant

    • Gain experience in various accounting roles

    • Develop strong analytical and problem-solving skills

    • Work towards a managerial position within the accounting department

  • Answered by AI
  • Q2. Can you explain differnt programms in accounts
  • Ans. 

    Different programs in accounts include accounting software, payroll software, and tax preparation software.

    • Accounting software helps in recording financial transactions and generating reports.

    • Payroll software assists in managing employee salaries, benefits, and taxes.

    • Tax preparation software simplifies the process of filing taxes accurately and efficiently.

  • Answered by AI
  • Q3. What is career advancement
  • Ans. 

    Career advancement refers to the progression and growth in one's career through promotions, skill development, and increased responsibilities.

    • Career advancement involves moving up the corporate ladder by taking on higher-level roles and responsibilities.

    • It can also include acquiring new skills and certifications to enhance one's qualifications.

    • Networking and building relationships within the industry can also contribut...

  • Answered by AI
  • Q4. What are your strengths
  • Ans. 

    My strengths include attention to detail, strong organizational skills, and ability to work well under pressure.

    • Attention to detail: I am meticulous in my work and always double-check my calculations to ensure accuracy.

    • Strong organizational skills: I am able to prioritize tasks effectively and keep track of deadlines.

    • Ability to work well under pressure: I thrive in fast-paced environments and can remain calm and focuse...

  • Answered by AI
  • Q5. What are your weakness
  • Ans. 

    One of my weaknesses is that I can be overly critical of my own work.

    • I tend to be a perfectionist and can spend too much time on a task trying to make it perfect.

    • I sometimes struggle with delegating tasks to others because I want to ensure they are done correctly.

    • I am working on improving my time management skills to prioritize tasks more effectively.

  • Answered by AI
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. WALK ME THROUGH YOUR RESUME
  • Ans. 

    I have a Bachelor's degree in Accounting and 5 years of experience in financial reporting and analysis.

    • Graduated with a Bachelor's degree in Accounting

    • 5 years of experience in financial reporting and analysis

    • Proficient in using accounting software such as QuickBooks and SAP

  • Answered by AI
  • Q2. TELL ME ABOUT YOURSELF
  • Ans. 

    Experienced accountant executive with a strong background in financial analysis and reporting.

    • Over 5 years of experience in accounting and finance

    • Proficient in financial analysis and reporting

    • Strong attention to detail and accuracy

    • Excellent communication and interpersonal skills

    • Managed a team of accountants to ensure timely and accurate financial reporting

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via LinkedIn and was interviewed before Apr 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. How many years of experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident

I applied via Naukri.com and was interviewed in May 2022. There were 2 interview rounds.

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 - Group Project 

(2 Questions)

  • Q1. How would you describe a project plan?
  • Ans. 

    A project plan is a detailed document that outlines the objectives, tasks, timelines, and resources required to complete a project.

    • A project plan provides a roadmap for the project, outlining the steps and activities needed to achieve the project's goals.

    • It includes a clear definition of project objectives, deliverables, and success criteria.

    • The plan identifies the tasks and activities required, assigns responsibilitie...

  • Answered by AI
  • Q2. How would you creat an environment of collaboration on your team?

Interview Preparation Tips

Topics to prepare for NIIT Senior Accountant interview:
  • Waste Water
Interview preparation tips for other job seekers - Thank you for giving this opportunity in this company.

I applied via Company Website and was interviewed before Sep 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

Basic accounting questions
Basic journal entries and accounts

Round 2 - One-on-one 

(1 Question)

  • Q1. What is tds and how much percentage should be deducted?
  • Ans. 

    TDS stands for Tax Deducted at Source. It is a tax collected by the government at the time of payment.

    • TDS is a tax collected by the government at the time of payment.

    • It is deducted from the income of the recipient.

    • The percentage of TDS varies depending on the type of payment and the income of the recipient.

    • For example, the TDS rate for salary income can range from 5% to 30% depending on the income slab.

    • For rent payment...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for SRM Institute of Science and Technology Account Assistant interview:
  • Golden rules
Interview preparation tips for other job seekers - Understand the basic concepts of accounting
And be prepared with golden rules
Basics of tds and gst

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IIT Bombay Account Assistant Salary
based on 4 salaries
₹2.4 L/yr - ₹5.8 L/yr
37% more than the average Account Assistant Salary in India
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