ITC Finance Manager Interview Questions and Answers

Q1. What is Financial Modeling
Ans. 
Financial modeling is the process of creating a representation of a company's financial performance in the form of numerical projections.
• Financial modeling involves forecasting a company's future financial performance based on historical data and assumptions.

• It helps in making informed decisions regarding investments, budgeting, and strategic planning.

• Common tools used in financial modeling include Excel, financial mod...read more
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Q2. What is zero base budgeting
Ans. 
Zero base budgeting is a budgeting process where all expenses must be justified for each new period.
• In zero base budgeting, all expenses start at zero and must be justified from scratch for each new budget period.

• It requires managers to analyze and justify all expenses, not just incremental changes from the previous period.

• This approach can lead to more efficient allocation of resources and better cost control.

• Examples...read more
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Q1. Tell me something about yourself
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I am a dedicated finance professional with 5 years of experience in budgeting, forecasting, and financial analysis.
• I have a Bachelor's degree in Finance from XYZ University.

• I have worked at ABC Company for the past 3 years, where I successfully managed the budgeting process for multiple departments.

• I am proficient in financial modeling and data analysis using Excel and other financial software.

• I have strong communicati...read more
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Q2. Previous experience
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Q1. Work profile related
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Q2. SAP related questions
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Q1. Technical finance questions
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Q2. SAP and performance related work
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Q1. Salary discount and smaller negotiable
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Q1. Work experience
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Q2. Excel Proficiency
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Questions about your personality, they provide sentences that you need to be disagree or agree

Video interview, you answer some questions related the role you are applying and you submited in videos.

Q1. What is your goal in future.
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Q2. My goal is to gain valuable experience, develop new skills, and make meaningful contributions in your chosen field or industry. Additionally, i might aim to establish a strong professional network, pursue ...read more
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Q1. About work experience in general
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Technicalities about overall finance and accounting

Q1. Practical question which requires subject knowledge in depth
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Q1. Basic knowledge relates to finance
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Q1. Few gst related and audit related case studies
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