Iris Spectra Senior Accounts Executive Interview Questions and Answers

Q1. What is Accounts payable
Ans. 
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable represents a company's short-term debt obligations to its suppliers or vendors.

• It is listed as a current liability on the company's balance sheet.

• Accounts payable is typically settled within a short period, often within 30 to 60 days.

• Examples of accounts payable include invoices ...read more
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Q2. What is PO and Non PO & what is 2 way and 3 way match
Ans. 
PO stands for Purchase Order, Non PO refers to transactions without a Purchase Order. 2 way match involves matching the invoice with the PO, while 3 way match involves matching the invoice, PO, and receiving report.
• PO (Purchase Order) is a document issued by a buyer to a seller, outlining the products or services to be purchased.

• Non PO transactions are purchases made without a formal Purchase Order.

• 2 way match is the p...read more
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Q1. General questions based on your profile and JD requirements
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General aptitude questions to understand your emotional intelligence and problem solving skills

Q1. If you are appearing for accounts associate role, you need to be thorough with whatever you have written in your resume. And basic Accounts payable questions and accounting process
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Q1. All question ask ne for account related should be
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Q2. Gst, tax, AR, AP, contra entry
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Q1. Tell me about yourself
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Q1. What is your current CTC
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Q2. What is work experience
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Q1. Why do you want to work for Google?
Ans. 
I want to work for Google because of its innovative culture, global impact, and opportunities for growth.
• Google is known for its innovative culture and cutting-edge technology

• I admire Google's global impact and reach

• I am excited about the opportunities for personal and professional growth at Google
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Q1. Why you want to join
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I want to join because I have a strong background in accounts management and I am excited about the opportunity to contribute to the growth and success of the company.
• I have several years of experience in accounts management and have successfully handled large client portfolios.

• I am highly skilled in financial analysis, budgeting, and forecasting, which are essential for the role of an Accounts Manager.

• I am motivated b...read more
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Q2. Tell me about yourself
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I am an experienced Accounts Manager with a strong background in financial management and team leadership.
• Over 10 years of experience in managing accounts and financial operations

• Proven track record of successfully leading teams and achieving financial targets

• Expertise in budgeting, forecasting, and financial analysis

• Proficient in using accounting software such as QuickBooks and Excel

• Strong communication and interperso...read more
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Q1. INCOME TAX , GST
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Q1. TDS, STATUTORY AUDIT
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