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ITC Infotech Finance Manager Interview Questions and Answers
ITC Infotech Finance Manager Interview Experiences
1 interview found
Selected
I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed before Jul 2023. There was 1 interview round.
(2 Questions)
- Q1. Ind AS 115, 2, 116
- Q2. Latest gst and incometax amendments
- Ans.
The latest GST and income tax amendments are important for finance managers to stay updated on regulatory changes.
GST amendments include changes in tax rates, input tax credit rules, and compliance requirements.
Income tax amendments may involve changes in tax slabs, deductions, and reporting requirements.
For example, recent GST amendments introduced a new e-invoicing system for businesses with turnover above a certain ...
Interview questions from similar companies
Selected
I applied via Recruitment Consulltant and was interviewed in Jun 2024. There were 2 interview rounds.
Easy grammar questions and financial basics
(2 Questions)
- Q1. Understanding the root cause of lower profitability
- Ans.
Lower profitability can be caused by various factors such as declining sales, increased expenses, inefficient operations, or external market conditions.
Declining sales due to changing consumer preferences or increased competition
Increased expenses from rising costs of raw materials or labor
Inefficient operations leading to higher production costs or wastage
External market conditions like economic downturn or regulatory
- Q2. Best forecasting practices
- Ans.
Utilize historical data, consider external factors, use multiple forecasting methods, and regularly review and adjust forecasts.
Utilize historical data to identify trends and patterns
Consider external factors such as economic indicators, industry trends, and market conditions
Use multiple forecasting methods like time series analysis, regression analysis, and scenario analysis
Regularly review and adjust forecasts based ...
Selected
I applied via Job Portal and was interviewed in Oct 2024. There was 1 interview round.
Basic apti - 1 hour............
Interview Preparation Tips
I applied via Approached by Company and was interviewed in Apr 2023. There were 2 interview rounds.
(7 Questions)
- Q1. Interviewer asked many questions gave all the answers maybe for the start intro the line wasn't audible much....but answer all the questions still the interviewer wasn't satisfied.maybe the best excuse is ...
- Q2. All financial market questions and accounting questions
- Q3. Capital market types
- Ans.
Capital market types refer to the different categories of financial markets where securities are bought and sold.
Primary market - where new securities are issued for the first time, such as IPOs
Secondary market - where existing securities are bought and sold among investors, such as stock exchanges
Money market - deals with short-term debt securities, such as Treasury bills
Bond market - where long-term debt securities a...
- Q4. Why are you looking for a job
- Q5. Behavioral questions
- Q6. Previous experience
- Q7. Salary expectation
Interview Preparation Tips
Selected
I was interviewed before Feb 2024.
(1 Question)
- Q1. Tell me about yourself.
(2 Questions)
- Q1. About the previous work experience
- Q2. How to we handle the client escalation
I applied via Recruitment Consultant and was interviewed in Mar 2021. There were 4 interview rounds.
Interview Questionnaire
6 Questions
- Q1. What is capital markets its types and money Market
- Ans.
Capital markets are platforms where companies and governments can raise funds through the sale of securities. Money markets are for short-term borrowing and lending.
Capital markets are divided into primary and secondary markets
Primary markets are where new securities are issued for the first time
Secondary markets are where existing securities are traded among investors
Examples of capital markets include stock exchanges...
- Q2. What is derivative it's types
- Q3. What is Reconciliation and BRS
- Ans.
Reconciliation is the process of comparing two sets of records to ensure they are in agreement. BRS stands for Bank Reconciliation Statement.
Reconciliation involves comparing financial records to identify discrepancies
BRS is a statement that compares a company's bank account balance to its financial records
Reconciliation and BRS are important for identifying errors and fraud in financial records
Examples of items that m...
- Q4. What is share types of shares & what is depreciation
- Ans.
There are different types of shares, such as common shares and preferred shares. Depreciation is the decrease in value of an asset over time.
Common shares represent ownership in a company and give shareholders voting rights.
Preferred shares have a fixed dividend and priority over common shares in case of liquidation.
Depreciation is an accounting method used to allocate the cost of an asset over its useful life.
It refle...
- Q5. Otc market and what is investment banking
- Ans.
OTC market refers to the trading of securities directly between parties, while investment banking involves providing financial services to corporations and governments.
OTC market stands for Over-the-Counter market, where securities are traded directly between parties without a centralized exchange.
Investment banking is a sector of the financial industry that provides various financial services such as underwriting, mer...
- Q6. What is bond, debenture
- Ans.
A bond is a debt security where an investor loans money to an entity for a defined period at a fixed interest rate. A debenture is a type of bond that is not secured by collateral.
Bonds are issued by corporations, municipalities, and governments to raise capital.
Bonds have a fixed maturity date and pay interest at a fixed rate.
Debentures are unsecured bonds that rely on the creditworthiness of the issuer.
Debentures typ...
Interview Preparation Tips
Financial Analyst Interview Questions & Answers
Koch Business Solutions
Anonymous
posted on 5 Jan 2021
I applied via Naukri.com and was interviewed in Jul 2020. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Self introduction, accounting entries, accounting concepts
Interview Preparation Tips
Bhagya Dhanpgol
(1 Question)
- Q1. Strengths , weakness
(1 Question)
- Q1. Revenue recognition principle
- Ans.
Revenue recognition principle dictates when revenue should be recognized in financial statements.
Revenue should be recognized when it is earned, realized or realizable, and can be measured reliably.
It is important to match revenues with the expenses incurred to generate them.
Examples include recognizing revenue from the sale of goods when the risks and rewards of ownership have transferred to the buyer.
Another example ...
Selected
I applied via Naukri.com and was interviewed before Sep 2022. There were 2 interview rounds.
(3 Questions)
- Q1. Golden rules of accounting
- Ans.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.
These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.
For example, when a company receives cash f...
- Q2. TDS Rates that are applicable in VVDN
- Ans.
TDS rates applicable in VVDN vary based on the type of payment and the recipient's status.
TDS rate for salary payments is different from TDS rate for contractor payments.
TDS rates for resident individuals are different from non-resident individuals.
TDS rates for domestic companies are different from foreign companies.
For example, TDS rate for salary payments to resident individuals may be 10%, while TDS rate for contra
- Q3. Basics of GST and SAP basics
Interview Questionnaire
3 Questions
- Q1. What you know about the company
- Ans.
The company is a financial services firm that provides investment banking, asset management, and other financial services.
Founded in 1869
Headquartered in New York City
Has operations in over 60 countries
Offers services such as mergers and acquisitions, underwriting, and wealth management
Has a strong reputation in the industry
- Q2. Bank reconcilliation statement
- Q3. Financial ratios
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ITC Infotech Finance Manager Interview Process
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ITC Infotech Finance Manager Reviews and Ratings
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Rating in categories
|
Associate Information Technology Consultant
5.2k
salaries
|  ₹4.1 L/yr - ₹15 L/yr |
|
Lead Consultant
4.5k
salaries
| ₹9 L/yr - ₹35 L/yr |
|
Associate Consultant
827
salaries
| ₹2.5 L/yr - ₹16.5 L/yr |
|
Software Engineer
503
salaries
| ₹4 L/yr - ₹14.1 L/yr |
|
Senior Software Engineer
377
salaries
| ₹6.6 L/yr - ₹25 L/yr |
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