Larsen & Toubro Limited Finance Executive Interview Questions and Answers

Q1. The first round was technical and it was a hard round as your concept of sap should be clear
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Q2. Why do u maintain Reconcilation a/c?
Ans. 
Reconciliation accounts are maintained to ensure accuracy and consistency in financial records.
• Helps in identifying discrepancies between different accounts

• Ensures accuracy and consistency in financial statements

• Facilitates easy tracking of transactions and balances

• Aids in detecting errors or fraud in accounting records
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Q3. FI MM Integration, FI SD Integration?
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Q4. What we maintain on company code lvl and client level and why?
Ans. 
Company code level is maintained for global settings applicable to all clients, while client level is maintained for specific settings unique to each client.
• Company code level settings include currency, chart of accounts, and fiscal year variants.

• Client level settings include customer master data, vendor master data, and sales organization data.
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Q5. Phases of blueprint, tables
Ans. 
Blueprint phases include planning, designing, and implementation. Tables are used to organize data in a structured format.
• Blueprint phases: planning, designing, implementation

• Tables: organize data in structured format

• Examples: creating a blueprint for a new building, using tables in a database to store information
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Q1. Manager round some kind of behavioural check and some technical question asked as they give u scenerio about the work and some accounting questions
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Q2. General Entries, P2P, OTC, RTR
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Q3. What bank Reconcilation and validations
Ans. 
Bank reconciliation involves comparing the bank statement with the company's records to ensure they match, while validations involve verifying the accuracy and completeness of financial transactions.
• Bank reconciliation ensures that the company's records match the bank statement by comparing deposits, withdrawals, and other transactions.

• Validations involve verifying the accuracy and completeness of financial transaction...read more
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Q1. The last round was hr
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Q2. Some kind of behavioural check, salary discussions, terms and conditions but one thing here the hr round is not a formality round as u have to give full impression over there dont take it simple
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DI LR questions were asked mostly

Q1. It was a generic human resource interview
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Q1. About previous job roles
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Q1. Why did u leave previous job
Ans. 
Seeking new challenges and growth opportunities
• Looking for a more challenging role

• Seeking career advancement

• Desire to work in a different industry

• Company restructuring or downsizing

• Relocation or personal reasons
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I received a video call link and in that link will get the accounting basic questions for that we have to answer after a beep.

Q1. It was all basic accounting question.mostly related to 12th standard c v raman book Friendly interviewers
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Q1. 5 min telephonic call with recruiter
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Q1. Finance subjects
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Q2. Gst
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Q1. Self introduction
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Q1. About yourself & Educational career
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Q1. Can you provide information about yourself and your qualifications?
Ans. 
I am a highly motivated and experienced sales executive with a proven track record of exceeding targets and building strong client relationships.
• Over 5 years of experience in sales and business development

• Consistently exceeded sales targets by 20% for the past 3 years

• Strong negotiation and communication skills

• Built and maintained relationships with key clients such as ABC Company and XYZ Corporation
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Q1. Can you describe your experience at your previous company?
Ans. 
I had a successful tenure at my previous company, where I consistently exceeded sales targets and built strong relationships with clients.
• Exceeded sales targets by 20% in the first quarter

• Developed and implemented a new sales strategy that increased revenue by 15%

• Built and maintained relationships with key clients, resulting in repeat business

• Trained and mentored new sales team members to improve overall performance
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Q1. Salary expectations
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