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LKQ INDIA Financial Analyst Interview Questions and Answers

Updated 9 Jan 2022

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Financial Analyst Interview Questions

user image Anonymous

posted on 9 Jan 2022

I applied via Recruitment Consultant and was interviewed in Dec 2021.

3 Interview Rounds

Interview Questions

  • Q1. Asked questions about the past experience and technical questions related to my domain. Add Answer
  • Q2. HR related questions Add Answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Be thorough with your core domain

Interview questions from similar companies

Interview experience
5
 Excellent
Difficulty level
 -
Duration
 -
Result
 -

2 Interview Rounds

1

One-on-one Round (2 Questions)

  • Q1. Question related to AR invoice booking
  • Q2. Question on Budget and Forecasting
2

One-on-one Round (1 Question)

  • Q1. Journal Entries
Interview experience
3
 Average
Difficulty level
 Moderate
Duration
 2-4 weeks
Result
Selected  Selected

I applied via Naukri.com and was interviewed in Sep 2023.

2 Interview Rounds

1

Aptitude Test Round

Basic P&L analysis, Excel aptitude, financial modelling

2

One-on-one Round (1 Question)

  • Q1. Basic questions on finance and P&L

I applied via Naukri.com and was interviewed in Jun 2022.

4 Interview Rounds

1

Aptitude Test Round

The test consists of 20 questions, 1 hour. There were 10 analytical graph questions. Other 10 were related to accounting concepts.

2

One-on-one Round (7 Questions)

  • Q1. What is deferred revenue?
  • Q2. What is working capital?
  • Q3. What is the difference between budgeting and forecasting?
  • Q4. How often budgeting and forecasting are done?
  • Q5. What is accrual accounting?
  • Q6. If actual revenue is less than forecasted revenue, what can be the reasons?
  • Q7. A re-class entry for revenue wrong posted to some other GL.
3

One-on-one Round (12 Questions)

  • Q1. Brief about your current profile.
  • Q2. What is revenue recognition principle?
  • Q3. If an insurance company received the premium for complete year in January (say ₹24000), what should be the revenue recognised at February end?
  • Q4. If an electricity meter is installed in office and we don't receive the bill for March month? What will be the treatment at March end?
  • Q5. If we pay vendors in 30 days and receive from customers in 60 days, what should be the working capital in the business?
  • Q6. What is the difference between budgeting and forecasting?
  • Q7. If actual revenue is less than forecasted revenue, what can be the reasons?
  • Q8. What is accrual accounting?
  • Q9. What happens when a vendor's invoice is not received/posted in correct period?
  • Q10. What can be the reasons for vendor's invoice not getting posted in correct period?
  • Q11. If vendor PO is not passed, where does it go?
  • Q12. Current CTC and Notice period
4

One-on-one Round (8 Questions)

  • Q1. Brief about your overall experience.
  • Q2. In which field you want to grow?
  • Q3. Why do you want to change from your current company?
  • Q4. Describe your current responsibilities in your role in detail.
  • Q5. What all reports do you prepare in your current role?
  • Q6. If there is a variance in actual expense and budgeted expense, what can be the reasons.
  • Q7. Questions about treng analysis.
  • Q8. Current CTC, Expected CTC and Notice period

Interview Preparation Tips

Interview preparation tips for other job seekers - There were overall 4 rounds of interview. Questions were similar in interview rounds. Frankly speaking, my overall experience was no where related to their requirements, but somehow they conducted 4 rounds with me. No offer letter or rejection mail received yet.

Financial Analyst Interview Questions

Unisys user image mohit AGGARWAL

posted on 23 Jun 2017

6 Interview Rounds

Interview Questions

Interview Preparation Tips

Round: Resume Shortlist
Experience: Background check was the first thing followed by my experience in finance and technical work
Tips: Provide spatial and correct information

Round: Technical Interview
Tips: Highway and roadway sector knowledge

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

I applied via LinkedIn and was interviewed in May 2023.

4 Interview Rounds

1

Resume Shortlist Round

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
2

Aptitude Test Round

Good knowledge of basic accounting rules & IFRS.

3

One-on-one Round (1 Question)

  • Q1. 1. Tell me something about your self? 2. Share how your work day starts ? 3. Share whats the day to day activity you do in your work profile? 4. Few technical q...read more
4

One-on-one Round (1 Question)

  • Q1. 1. Tell me about your self, experience, job profile etc? 2. How your current experience align with current role offered? 3. Achievements?

Interview Preparation Tips

Interview preparation tips for other job seekers - Good communication skills, share the truth about your experience & job role.

Interview Questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Simple oral interview. No aptitude test.

I applied via Recruitment Consulltant and was interviewed in Jun 2022.

3 Interview Rounds

1

Aptitude Test Round

Accounting questions related to derrral concept and around cash flows and working capital

2

Technical Round (3 Questions)

  • Q1. Difference between provision and accrual
  • Q2. What is a lease(IFRS 16)
  • Q3. Difference between deferred revenue and unearned income
3

Technical Round (2 Questions)

  • Q1. Questions around deferred revenue
  • Q2. How to forecast revenue of a new product?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident. You will be judged on not how much you know but your ability to learn.

3 Interview Rounds

Interview Preparation Tips

Round: Resume Shortlist
Experience: Resume got shortlisted & then Management has called me for an interview. In the First round I came across some basic questions like tell me something about yourself, What is my Current role in the previous organisation, What are the other things I have handled apart from my Work etc
Tips: Focus on your Basics of Job Knowledge

Round: Problem Statement
Tips: Be specific & again focus on your basics & stick to your statement.

Skills: Basic Accounting, SAP Knowledge, English Talking, MS Excel, MS Outlook

I was interviewed in Dec 2021.

2 Interview Rounds

1

Assignment Round

Accounting entries and their impact on pnl, bal sheet, cash flow income statement.

2

HR Round (2 Questions)

  • Q1. If you are hired, what were the three good things that you would bring to us.
  • Q2. Stakeholder management, honest leadership,and equal oppurtunity to my colleagues to grow and achieve more

Interview Preparation Tips

Interview preparation tips for other job seekers - If you are looking for a job oppurtunity in BT, thorough your accounting, brush up your comms, and focus on delivering the accounting scenarios and their impact, whether its cost or revenue, with certain examples like SG&A items, where they impact, how you can show a favorable budget, ebitda, and stuff like that and dont forget to share your achievements and brief about how your contribution met the organisational goals and strategy.
Good luck!

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