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Laurus Labs Finance Manager Interview Questions and Answers for Experienced

Updated 2 Aug 2023

Laurus Labs Finance Manager Interview Experiences for Experienced

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Aug 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 tips
Round 2 - Technical 

(1 Question)

  • Q1. How to calculate overhead rate for Inventory valuation. What is the method of Inventory valuation. What is CAS 4 and which CAS is applicable in your current company.Name them. How many CAS are there. How g...
  • Ans. 

    Overhead rate for Inventory valuation is calculated by dividing total overhead costs by total direct labor hours. Inventory valuation methods include FIFO, LIFO, and weighted average. CAS 4 deals with depreciation accounting. CAS applicable in current company may vary. Good knowledge in MS Excel is essential. COP is the cost of producing goods, while COGS is the cost of goods sold.

    • Calculate overhead rate by dividing to...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. CAS 4 and CAS 2 Related questions and how to start BUDGET Working and what is the process and steps for pricing and costing.

Interview Preparation Tips

Interview preparation tips for other job seekers - Stick to your basics and also be honest to ur current job because interviewer will ask what you are currently doing and how much u are involved in it. From product knowledge to process knowledge everything u should know before going to face interview.

Interview questions from similar companies

I appeared for an interview before Jul 2016.

Interview Questionnaire 

2 Questions

  • Q1. Related to experience
  • Q2. System based test

Interview Preparation Tips

Round: Test
Experience: Multiple choice questions related to your experience
Tips: Link will send to personal mail
Duration: 30 minutes
Total Questions: 30

Round: Technical Interview
Experience: By department HOD

Round: Behavioural Interview
Experience: Psychometric test

I applied via Referral and was interviewed in Mar 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Your views on data integrity
  • Ans. 

    Data integrity is crucial for accurate decision-making and maintaining trust in the organization.

    • Data integrity ensures that data is accurate, complete, and consistent.

    • It is important to have proper data management policies and procedures in place.

    • Regular data audits and checks should be conducted to ensure data integrity.

    • Examples of data integrity violations include data entry errors, system glitches, and unauthorized...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Just stay calm and answer whatever comes your way.

Skills evaluated in this interview

I applied via Approached by Company and was interviewed before Jun 2021. There were 2 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 tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Basic about job experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Well company hired directly so there is no intermediate recruitment agency. Candidates call directly from HR team and schedule the same as per candidate convenient time and date. Groom in formals required with polished shoes. HR will take first basic round and will shifted to concern division head for further discussion.

I applied via AmbitionBox and was interviewed before Aug 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. What is your current job responsibility?
  • Q2. Why you want to change the current job responsibility?

Interview Preparation Tips

Topics to prepare for Dr. Reddy's Assistant Manager interview:
  • Reagrding OOS OOT and incidences
Interview preparation tips for other job seekers - I have completed approx 5 years in Dr Reddy with current job responsibility so i want to change job responsibility in same organisation.

I applied via Company Website and was interviewed in Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

9 Questions

  • Q1. What was your job role in my previous company?
  • Ans. 

    I was a Senior Sales Associate responsible for managing a team of sales representatives and achieving sales targets.

    • Managed a team of sales representatives

    • Set and achieved sales targets

    • Provided training and guidance to new team members

    • Analyzed sales data and implemented strategies to improve performance

  • Answered by AI
  • Q2. How do you find the reagent addition rate for exothermic reaction?
  • Ans. 

    The reagent addition rate for exothermic reaction can be found by monitoring the temperature and adjusting the rate accordingly.

    • Start with a small addition rate and gradually increase it while monitoring the temperature.

    • Use a thermometer or temperature sensor to measure the temperature.

    • Adjust the rate based on the temperature changes to maintain a steady reaction rate.

    • Consider the reaction kinetics and the heat transfe...

  • Answered by AI
  • Q3. How does a PID temperature indicator controlled works and explains how ramping function works?
  • Ans. 

    A PID temperature indicator controls temperature by adjusting heating/cooling based on feedback from sensors.

    • PID stands for Proportional-Integral-Derivative, which are the three control modes used to adjust temperature.

    • The indicator receives input from temperature sensors and compares it to the desired temperature setpoint.

    • Based on the difference between the two, the PID controller adjusts the heating/cooling output to...

  • Answered by AI
  • Q4. Have you ever designed a utility distibution systems for a given block,of you have then explain the concept behind it?
  • Q5. What is MTSR,DSC,TSC and their diffences and when they are used?
  • Ans. 

    MTSR, DSC, and TSC are metrics used in call centers to measure performance and efficiency.

    • MTSR stands for Mean Time to Service Request and measures the average time it takes for a customer's service request to be resolved.

    • DSC stands for Delayed Service Calls and measures the number of service calls that were not resolved within a certain timeframe.

    • TSC stands for Total Service Calls and measures the total number of serv...

  • Answered by AI
  • Q6. XRD of crystalline material vs amorphous material differnces and explain?
  • Ans. 

    XRD is a technique used to determine the crystal structure of a material. Crystalline and amorphous materials show different patterns.

    • XRD stands for X-ray diffraction

    • Crystalline materials have a regular, repeating pattern of atoms while amorphous materials lack this pattern

    • XRD patterns of crystalline materials show sharp peaks while amorphous materials show broad peaks

    • XRD can be used to identify unknown crystalline mat...

  • Answered by AI
  • Q7. What is the degree of freedom of water at triple point?
  • Ans. 

    The degree of freedom of water at triple point is 0.

    • Triple point is the temperature and pressure at which solid, liquid, and gas phases of a substance coexist in thermodynamic equilibrium.

    • At triple point, the degree of freedom of a substance is zero because all three phases coexist in equilibrium.

    • Water has a triple point at 273.16 K (0.01 °C) and a pressure of 611.73 Pa.

    • At triple point, water can exist as ice, liquid w

  • Answered by AI
  • Q8. What is risk?
  • Ans. 

    Risk is the possibility of loss or harm occurring due to uncertain events or circumstances.

    • Risk involves uncertainty and the potential for negative consequences.

    • It can be managed through risk assessment, mitigation, and transfer.

    • Examples of risks include financial risks, health risks, and environmental risks.

    • Risk can also present opportunities for growth and innovation.

  • Answered by AI
  • Q9. How would you calculate the power required for a pump?
  • Ans. 

    The power required for a pump can be calculated using the formula: Power = (Flow rate x Head) / Efficiency

    • Calculate the flow rate of the pump

    • Determine the head or pressure required

    • Consider the efficiency of the pump

    • Use the formula: Power = (Flow rate x Head) / Efficiency

    • Example: If the flow rate is 1000 liters per minute, the head is 50 meters, and the efficiency is 80%, the power required would be (1000 x 50) / 0.8 =

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest in your answers...if you know just tell yes else fankly admit it i dont know.
One should be very clear in what they are saying.

Skills evaluated in this interview

I applied via Walk-in and was interviewed before Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. 1.How you can contribute to the organization?
  • Q2. What are your key strengths?
  • Q3. Where do you see yourself after 5 years?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident while answering the answers. Prepare yourself for interview well and practice all your assumptions.Be sure that you have good knowledge about your previous company and products.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Feb 2022. There were 2 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 tips
Round 2 - Technical 

(2 Questions)

  • Q1. Technical details with practical knowledge
  • Q2. Work experience with challenge

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepare about what you do and write on CV. Each and every line must be know

I applied via Approached by Company and was interviewed before Nov 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. Basics of Electrical, Standards related to earthing, Protection of Transformer,
  • Q2. Statutory Requirements, Maintenance of DG sets, Power billing and bidding

Interview Preparation Tips

Interview preparation tips for other job seekers - Good place to work and to great opportunity to learn and implement new things
Interview experience
2
Poor
Difficulty level
Hard
Process Duration
More than 8 weeks
Result
Not Selected

I appeared for an interview before Nov 2022.

Round 1 - Safety 

(2 Questions)

  • Q1. Conducting safety committee meeting
  • Q2. Conducting mock drills

Interview Preparation Tips

Interview preparation tips for other job seekers - Work permit issues and prepare JSA

Laurus Labs Interview FAQs

How many rounds are there in Laurus Labs Finance Manager interview for experienced candidates?
Laurus Labs interview process for experienced candidates usually has 3 rounds. The most common rounds in the Laurus Labs interview process for experienced candidates are Resume Shortlist, Technical and One-on-one Round.
What are the top questions asked in Laurus Labs Finance Manager interview for experienced candidates?

Some of the top questions asked at the Laurus Labs Finance Manager interview for experienced candidates -

  1. How to calculate overhead rate for Inventory valuation. What is the method of I...read more
  2. CAS 4 and CAS 2 Related questions and how to start BUDGET Working and what is t...read more

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Laurus Labs Finance Manager Interview Process for Experienced

based on 1 interview

Interview experience

4
  
Good
View more

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Laurus Labs Finance Manager Reviews and Ratings

based on 1 review

2.0/5

Rating in categories

3.0

Skill development

1.0

Work-life balance

4.0

Salary

2.0

Job security

1.0

Company culture

4.0

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1.0

Work satisfaction

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