Upload Button Icon Add office photos

Filter interviews by

Clear (1)

ITC Limited Foods Division Finance Executive Interview Questions, Process, and Tips

Updated 7 Apr 2023

Top ITC Limited Foods Division Finance Executive Interview Questions and Answers

ITC Limited Foods Division Finance Executive Interview Experiences

3 interviews found

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Oct 2022. There were 3 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 Resume tips
Round 2 - Aptitude Test 

Online based test, easy to crack

Round 3 - One-on-one 

(2 Questions)

  • Q1. Costing, GST and accounts
  • Q2. Financial management

Interview Preparation Tips

Interview preparation tips for other job seekers - Make yourself updated with costing, GST and accounts

Interview Questionnaire 

8 Questions

  • Q1. Tell me about yourself?
  • Q2. Questions related to my content writing on Taxguru and CAclubindia.
  • Q3. If I were given a situation to pitch in to Tamil Nadu Govt. regarding introduction of incentive policy in the food industry as that in Punjab. How and What ll You pitch for?
  • Q4. What is NPV ?
  • Ans. 

    NPV stands for Net Present Value, which is a financial metric used to determine the current value of future cash flows.

    • NPV is calculated by subtracting the initial investment from the present value of expected future cash flows.

    • It helps in determining whether a project or investment is profitable or not.

    • A positive NPV indicates that the investment is profitable, while a negative NPV indicates that it is not.

    • NPV takes i...

  • Answered by AI
  • Q5. What is IRR?
  • Ans. 

    IRR stands for Internal Rate of Return, which is a financial metric used to measure the profitability of an investment.

    • IRR is the discount rate that makes the net present value (NPV) of an investment equal to zero.

    • It is used to compare the profitability of different investments with different cash flows and time horizons.

    • A higher IRR indicates a more profitable investment.

    • IRR is commonly used in capital budgeting and i...

  • Answered by AI
  • Q6. What is PV of Cash Inflow when outflow is Assets, Materials, Land etc?
  • Ans. 

    The PV of Cash Inflow is the present value of the expected future cash inflows generated by assets, materials, land, etc.

    • PV of Cash Inflow is calculated by discounting the expected future cash inflows to their present value using an appropriate discount rate.

    • The discount rate used is typically the required rate of return or the cost of capital.

    • The PV of Cash Inflow helps in determining the value or worth of assets, mat...

  • Answered by AI
  • Q7. How will you set off GST?
  • Ans. 

    Setting off GST involves claiming input tax credits and adjusting them against the output tax liability.

    • Set off GST by claiming input tax credits

    • Adjust input tax credits against output tax liability

    • File GST returns to reconcile input and output tax

    • Ensure compliance with GST laws and regulations

  • Answered by AI
  • Q8. Questions regarding Direct Taxation.

Finance Executive Interview Questions Asked at Other Companies

Q1. Certains Rules to follow - 1. Remove your footwear outside of the ... read more
Q2. Whats is the late date for filing and payment of TDS?
Q3. What is PV of Cash Inflow when outflow is Assets, Materials, Land ... read more
Q4. If an unknown amount received in our bank accounts. how will we t ... read more
asked in Wuerth
Q5. what's P2P what's invoice processing, Ap/AR related questions The ... read more

Interview Questionnaire 

4 Questions

  • Q1. Current Job Role
  • Ans. 

    I am currently working as a Finance Executive at a multinational corporation.

    • Responsible for financial planning, budgeting, and forecasting

    • Analyzing financial data and preparing reports for senior management

    • Managing financial transactions and ensuring compliance with regulations

    • Collaborating with other departments to improve financial processes

    • Participating in strategic financial decision-making

  • Answered by AI
  • Q2. About Current Organization and process of operations
  • Q3. Knowledge of P&L, TB and Balance Sheet
  • Q4. Expectations and How you can add value
  • Ans. 

    I expect to bring my expertise in financial analysis and strategy to drive growth and profitability for the company.

    • I have a track record of identifying cost-saving opportunities and implementing effective financial controls.

    • I am skilled in financial modeling and forecasting, which can help the company make informed decisions about investments and expansion.

    • I am also experienced in developing and executing strategic pl...

  • Answered by AI

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Aug 2023. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. What is your goal in future.
  • 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 ...

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Jul 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. General questions about work experience,qualification, reasons for job change, willingness and interest in HUL
Round 2 - Technical 

(4 Questions)

  • Q1. GST related and awareness of changes in law Questions related to previous assignments and work experience.
  • Q2. Notices related
  • Q3. Gstr 9 related questions
  • Q4. Miscellaneous questions from recent updates

Interview Questionnaire 

1 Question

  • Q1. Varaince analysis nd on overhead parts
  • Ans. 

    Variance analysis on overhead parts

    • Variance analysis is a tool used to identify and explain differences between actual and expected results

    • Overhead parts refer to indirect costs such as rent, utilities, and maintenance

    • Variance analysis on overhead parts can help identify areas where costs can be reduced or optimized

    • Examples of overhead variances include spending more on utilities than budgeted or using less maintenance

  • Answered by AI

I applied via Recruitment Consultant and was interviewed before Dec 2019. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. How to calculate the landing price to retailer, and distributor, on mark up basis.
  • Ans. 

    To calculate landing price to retailer and distributor on mark up basis, determine the cost price and apply the desired mark up percentage.

    • Determine the cost price of the product

    • Decide on the desired mark up percentage for the retailer and distributor

    • Calculate the mark up amount by multiplying the cost price with the mark up percentage

    • Add the mark up amount to the cost price to get the selling price

    • The selling price is...

  • Answered by AI
  • Q2. What would be lctr for other brands at 15% markup margin.
  • Ans. 

    The lctr for other brands at 15% markup margin would depend on their cost of production and desired profit margin.

    • Calculate the cost of production for each brand

    • Add 15% markup margin to the cost of production

    • Subtract the cost of production from the selling price to get the lctr

    • Example: If the cost of production for Brand A is $50, the selling price would be $57.50 (15% markup). If the selling price is $70, the lctr wou

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - My advice is to be accurate in your calculations (price calculations, target calculations percentage calculations) that's it.

Interview Questionnaire 

2 Questions

  • Q1. What's your Strength and weakness?
  • Q2. How much salary you expect?

Interview Questionnaire 

1 Question

  • Q1. Executive related questions.

I applied via Naukri.com and was interviewed before May 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. What do u think about the urban n rural changes in economy.? Where lies the potential of growth for FMCG

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident , tell what you know .n say what you don't.
Contribute & help others!
anonymous
You can choose to be anonymous

ITC Limited Foods Division Interview FAQs

How many rounds are there in ITC Limited Foods Division Finance Executive interview?
ITC Limited Foods Division interview process usually has 3 rounds. The most common rounds in the ITC Limited Foods Division interview process are Resume Shortlist, Aptitude Test and One-on-one Round.
What are the top questions asked in ITC Limited Foods Division Finance Executive interview?

Some of the top questions asked at the ITC Limited Foods Division Finance Executive interview -

  1. What is PV of Cash Inflow when outflow is Assets, Materials, Land e...read more
  2. How will you set off G...read more
  3. Expectations and How you can add va...read more

Recently Viewed

PHOTOS

Medanta the Medicity

4 office photos

COMPANY BENEFITS

Breach Candy Hospital Trust

No Benefits

SALARIES

THE LEELA PALACES HOTELS & RESORTS

SALARIES

Vasan Eye Care Hospitals

SALARIES

Mahindra Holidays & Resorts

SALARIES

Mahindra Holidays & Resorts

REVIEWS

Vasan Eye Care Hospitals

No Reviews

REVIEWS

Breach Candy Hospital Trust

No Reviews

SALARIES

Mango Hotels

SALARIES

Vijaya Diagnostic Centre

Tell us how to improve this page.

ITC Limited Foods Division Finance Executive Interview Process

based on 1 interview

Interview experience

3
  
Average
View more

Interview Questions from Similar Companies

Dabur Interview Questions
4.0
 • 269 Interviews
Nestle Interview Questions
3.9
 • 233 Interviews
PepsiCo Interview Questions
4.0
 • 197 Interviews
Britannia Interview Questions
4.0
 • 164 Interviews
Patanjali Ayurved Interview Questions
4.0
 • 109 Interviews
Adani Wilmar Interview Questions
4.2
 • 104 Interviews
Cargill Interview Questions
4.0
 • 94 Interviews
Parle Products Interview Questions
3.9
 • 90 Interviews
Marico Interview Questions
4.0
 • 86 Interviews
View all
ITC Limited Foods Division Finance Executive Salary
based on 50 salaries
₹5.2 L/yr - ₹10.4 L/yr
119% more than the average Finance Executive Salary in India
View more details

ITC Limited Foods Division Finance Executive Reviews and Ratings

based on 17 reviews

3.8/5

Rating in categories

3.6

Skill development

2.9

Work-life balance

3.3

Salary

4.5

Job security

3.2

Company culture

3.0

Promotions

3.1

Work satisfaction

Explore 17 Reviews and Ratings
Manufacturing Executive
89 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Operator
64 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Technical Associate
53 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Finance Executive
50 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Packaging Machine Operator
50 salaries
unlock blur

₹0 L/yr - ₹0 L/yr

Explore more salaries
Compare ITC Limited Foods Division with

Nestle

3.9
Compare

Britannia

4.0
Compare

Hindustan Unilever

4.2
Compare

Marico

4.0
Compare
Did you find this page helpful?
Yes No
write
Share an Interview