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IQ BackOffice Process Associate Interview Questions and Answers

Updated 22 Apr 2023

IQ BackOffice Process Associate Interview Experiences

2 interviews found

Interview experience
3
Average
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 - Technical 

(2 Questions)

  • Q1. Basic Math questions
  • Q2. Accounting Concepts
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
No response
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 

(1 Question)

  • Q1. General questions Like our self introduction
Round 3 - Technical 

(1 Question)

  • Q1. In technical round, they are asking describe about the previous experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Good interview session and please make sure that you need to be on time for interview

Process Associate Interview Questions Asked at Other Companies

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Q2. What are the Financial statements
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Q5. What are the 3way and 2way matches in account payable?

Interview questions from similar companies

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

(2 Questions)

  • Q1. What is capital market
  • Ans. 

    Capital market refers to a financial market where long-term securities like stocks and bonds are bought and sold.

    • Capital market is a segment of the financial market.

    • It facilitates the buying and selling of long-term securities such as stocks, bonds, and derivatives.

    • It provides a platform for companies and governments to raise capital by issuing securities.

    • Investors can invest their money in these securities to earn ret...

  • Answered by AI
  • Q2. What is money market
  • Ans. 

    Money market refers to a segment of the financial market where short-term borrowing and lending of funds take place.

    • Money market deals with highly liquid and low-risk instruments.

    • It provides a platform for governments, financial institutions, and corporations to manage their short-term cash needs.

    • Examples of money market instruments include Treasury bills, commercial paper, certificates of deposit, and repurchase agree...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic knowledge of capital markets and stock market
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Aug 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

Basic engling testing mail writing

Round 2 - HR 

(1 Question)

  • Q1. Previous past experience, what you know about corporate actions types etc.
Round 3 - One-on-one 

(1 Question)

  • Q1. More about past experience, corporate actions, family background etc
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Apr 2022. There were 4 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 - Aptitude Test 

Basic details of accounts and email writing

Round 3 - HR 

(5 Questions)

  • Q1. Tell me about your self
  • Q2. Why do you want to join this company
  • Q3. Why I choose you
  • Q4. Your strength and weakness
  • Q5. Some basic accounts rule like what is equity and derivatives
Round 4 - One-on-one 

(2 Questions)

  • Q1. Reason for searching job
  • Ans. 

    Looking for growth opportunities and a challenging work environment.

    • Seeking a role that aligns with my career goals and allows me to utilize my skills and experience.

    • Interested in exploring new industries and expanding my knowledge.

    • Want to work in a dynamic and fast-paced environment that encourages innovation and creativity.

    • Looking for a company that values employee development and provides opportunities for advanceme...

  • Answered by AI
  • Q2. Your 5 year goal?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be self confident and give answer with confidence.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. What is capital market
  • Ans. 

    Capital market refers to a financial market where long-term securities like stocks and bonds are bought and sold.

    • Capital market is a segment of the financial market.

    • It facilitates the buying and selling of long-term securities such as stocks, bonds, and derivatives.

    • It provides a platform for companies and governments to raise capital by issuing securities.

    • Investors can invest their money in these securities to earn ret...

  • Answered by AI
  • Q2. What is money market
  • Ans. 

    Money market refers to a segment of the financial market where short-term borrowing and lending of funds take place.

    • Money market deals with highly liquid and low-risk instruments.

    • It provides a platform for governments, financial institutions, and corporations to manage their short-term cash needs.

    • Examples of money market instruments include Treasury bills, commercial paper, certificates of deposit, and repurchase agree...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic knowledge of capital markets and stock market
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Aug 2023. There were 3 interview rounds.

Round 1 - Aptitude Test 

Basic engling testing mail writing

Round 2 - HR 

(1 Question)

  • Q1. Previous past experience, what you know about corporate actions types etc.
Round 3 - One-on-one 

(1 Question)

  • Q1. More about past experience, corporate actions, family background etc
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Apr 2022. There were 4 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 - Aptitude Test 

Basic details of accounts and email writing

Round 3 - HR 

(5 Questions)

  • Q1. Tell me about your self
  • Q2. Why do you want to join this company
  • Q3. Why I choose you
  • Q4. Your strength and weakness
  • Q5. Some basic accounts rule like what is equity and derivatives
Round 4 - One-on-one 

(2 Questions)

  • Q1. Reason for searching job
  • Ans. 

    Looking for growth opportunities and a challenging work environment.

    • Seeking a role that aligns with my career goals and allows me to utilize my skills and experience.

    • Interested in exploring new industries and expanding my knowledge.

    • Want to work in a dynamic and fast-paced environment that encourages innovation and creativity.

    • Looking for a company that values employee development and provides opportunities for advanceme...

  • Answered by AI
  • Q2. Your 5 year goal?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be self confident and give answer with confidence.

IQ BackOffice Interview FAQs

How many rounds are there in IQ BackOffice Process Associate interview?
IQ BackOffice interview process usually has 2-3 rounds. The most common rounds in the IQ BackOffice interview process are Resume Shortlist, Technical and HR.
How to prepare for IQ BackOffice Process Associate interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at IQ BackOffice. The most common topics and skills that interviewers at IQ BackOffice expect are Accounts Receivable, Invoice Processing, Reconciliation, Accounting and Accounts Payable.
What are the top questions asked in IQ BackOffice Process Associate interview?

Some of the top questions asked at the IQ BackOffice Process Associate interview -

  1. In technical round, they are asking describe about the previous experie...read more
  2. Basic Math questi...read more
  3. Accounting Conce...read more

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IQ BackOffice Process Associate Salary
based on 403 salaries
₹1.2 L/yr - ₹3.1 L/yr
22% less than the average Process Associate Salary in India
View more details

IQ BackOffice Process Associate Reviews and Ratings

based on 80 reviews

3.7/5

Rating in categories

3.8

Skill development

3.7

Work-Life balance

2.8

Salary & Benefits

3.6

Job Security

3.8

Company culture

2.7

Promotions/Appraisal

3.8

Work Satisfaction

Explore 80 Reviews and Ratings
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