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KONE Senior Executive - Finance Interview Questions and Answers
KONE Senior Executive - Finance Interview Experiences
2 interviews found
Anonymous
Selected
I applied via Company Website and was interviewed before Apr 2022. There were 2 interview rounds.
(2 Questions)
- Q1. On what activity day to day your investing . Accounts receivable
- Q2. Budget and forecasting
Interview Questionnaire
2 Questions
- Q1. What would be your contribution to Kone
- Q2. Loyalty ,honesty and continous learning
Senior Executive - Finance Jobs at KONE
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I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
(4 Questions)
- Q1. Difference between budgeting and forecasting
- Ans.
Budgeting involves setting financial goals and limits for a specific period, while forecasting predicts future financial outcomes based on current data and trends.
Budgeting is a plan for how to allocate resources over a specific period, typically a year.
Forecasting involves predicting future financial outcomes based on historical data and trends.
Budgeting is more focused on setting financial goals and limits, while for...
- Q2. What is accrued exp
- Ans.
Accrued exp refers to expenses that have been incurred but not yet paid for.
Accrued expenses are recorded as liabilities on the balance sheet.
They represent expenses that have been recognized but not yet paid.
Examples include accrued salaries, interest, and taxes.
Accrued expenses are typically adjusted at the end of an accounting period.
- Q3. How do u treat post variance analysis
- Ans.
Post variance analysis is treated by identifying root causes, developing action plans, and monitoring progress.
Identify the root causes of the variances to understand why they occurred
Develop action plans to address the identified issues and improve future performance
Monitor progress regularly to ensure that the action plans are being implemented effectively
Communicate findings and recommendations to relevant stakehold
- Q4. How do you do bank reconciliation
- Ans.
Bank reconciliation involves comparing the bank statement with the company's records to ensure they match.
Gather bank statements and company records
Compare deposits and withdrawals on both statements
Identify and investigate any discrepancies
Adjust the company's records to match the bank statement
Prepare a reconciliation report
Interview Preparation Tips
- Core accounting
Aptitude test is very hard
(5 Questions)
- Q1. Question related to your core subjects
- Q2. Question 1 related to coding
- Q3. Ques 2 related to java
- Q4. Question 3 raleyd to python
- Q5. No question asked
Interview Preparation Tips
I applied via LinkedIn and was interviewed in Aug 2022. There were 4 interview rounds.
(1 Question)
- Q1. Had basic accounting questions for the team lead.
(1 Question)
- Q1. Round two was with the manager, where advanced-level of accounting questions
The final round was with the controller, there was a balance sheet case study provided with questions within two days time period.
Interview Preparation Tips
- Balance Sheet
- Accounting
I applied via Walk-in and was interviewed in Jun 2021. There were 3 interview rounds.
Interview Questionnaire
3 Questions
- Q1. Ap related questions?
- Q2. Ptp end to end process
- Q3. Some excel questions
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed before Dec 2020. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. It's all about your technical knowledge
Interview Preparation Tips
I applied via LinkedIn and was interviewed in Jul 2024. There was 1 interview round.
(2 Questions)
- Q1. Golden rules of accounting.
- Ans.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
Debit what comes in, credit what goes out
Debit the receiver, credit the giver
Debit expenses and losses, credit income and gains
- Q2. Few excel related questions
I applied via Company Website and was interviewed before Apr 2019. There were 5 interview rounds.
Interview Questionnaire
1 Question
- Q1. My interview was really awasome. Even I had very greater feeling after my interview. My interview questions were based kn my resume, my qualification, I had worked in some projects so the questions based o...
Interview Preparation Tips
Selected
About jiyacgi and ABB divrstment
(2 Questions)
- Q1. Mapping details of Cost sheet
- Ans.
Cost sheet is a detailed statement of the various costs incurred in the production process.
Cost sheet includes direct costs (like raw materials, labor) and indirect costs (like overhead expenses).
It helps in analyzing the cost structure of a company and making informed decisions.
Examples of costs on a cost sheet include material costs, labor costs, manufacturing overhead, and total cost of production.
- Q2. IFRS - Project accounts
Interview Preparation Tips
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