KPMG Global Services Consultant Interview Questions, Process, and Tips

Industry overview for a random industry which was again covered in interview

Q1. What is working capital
Ans. 
Working capital is the difference between a company's current assets and current liabilities.
• Working capital is essential for a company's day-to-day operations.

• It indicates a company's liquidity and ability to meet short-term obligations.

• Formula: Working Capital = Current Assets - Current Liabilities

• Examples: Cash, accounts receivable, inventory are current assets. Accounts payable, short-term loans are current liabili
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Q2. What do you put in a pitch document
Ans. 
A pitch document typically includes a summary of the project, value proposition, target market, competition analysis, and financial projections.
• Summary of the project: Brief overview of the project, its goals, and objectives.

• Value proposition: Explanation of the unique value the project offers to customers or clients.

• Target market: Description of the specific audience or market segment the project is targeting.

• Competit...read more
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Q1. Requisition to receive process explain
Ans. 
Requisition to receive process involves requesting and obtaining necessary items or services.
• Requisition is a formal request for something needed, such as supplies or services.

• Receiving process involves receiving and inspecting the requested items or services.

• The requisition to receive process ensures that the correct items are received in a timely manner.

• Examples: submitting a purchase order for office supplies, recei
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Q2. How are the accounting setups created?
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Accounting setups are created by defining the chart of accounts, setting up accounting periods, and configuring accounting rules.
• Define the chart of accounts by creating account codes and descriptions for different types of transactions.

• Set up accounting periods to define the fiscal year, period length, and period names.

• Configure accounting rules for automatic allocation of transactions to specific accounts based on pr...read more
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Q1. General technical questions asked
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Q1. General technical questions asked
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Q1. What is EDI & how it works? What is Partner Profile & how it works? Process Code?
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Q2. 3PL system? What is 3rd Party sales? Any experience in ATP, if so elaborate? Credit Management and how does it work? How is it set?
Ans. 
3PL system is a third-party logistics system used for outsourcing logistics functions. 3rd Party sales involve selling products through a third-party seller. ATP stands for Available to Promise, a feature in supply chain management. Credit management involves assessing and managing credit risk.
• 3PL system is a third-party logistics system where a company outsources its logistics functions to a third-party provider.

• 3rd P...read more
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Q3. Key fields in Pricing steps? India GST & how it works? HSN or control code? Key fields we are sending to IRP?
Ans. 
Key fields in Pricing steps include condition type, condition value, calculation type, and scale basis. India GST is a value-added tax based on the destination principle. HSN code is a harmonized system nomenclature used for classifying goods. Key fields sent to IRP include invoice number, invoice date, invoice value, and IRN.
• Key fields in Pricing steps: condition type, condition value, calculation type, scale basis

• Ind...read more
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Q1. Basic introduction
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Q2. Overall career discussion & in depth knowledge check
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Q3. FI SD integration, FI-MM integration
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Q1. Introduction and work experiences
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Q2. Upcoming trends in industry
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Q3. Technological advancements
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Q1. Work and experience and case studies
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Q1. Introduction, more short cases and work experience
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Q1. Negotiation and offer
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One the candidate profile is shortlisted, the candidate has to clear an Assessment round where the candidate have to solve an excel and case study.

Q1. Once the assessment round is cleared by the candidate, there will 2-3 rounds of interviews. The question would revolve around the technical aspects of HR transformation, Change Management there will be gri...read more
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