LKQ INDIA Financial Analyst Interview Questions and Answers

Q1. What is your current location
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Q2. What is your current CTC
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Q3. What is your current profile
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Q1. What are the various ERP modules you worked on
Ans. 
I have worked on various ERP modules including finance, HR, inventory, and procurement.
• Finance module for managing financial transactions and generating reports

• HR module for managing employee data, payroll, and benefits

• Inventory module for tracking stock levels and managing orders

• Procurement module for managing purchase orders and vendor relationships
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Q2. Do you have experience on Jira
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Q3. What are the project management tools you have used
Ans. 
I have used various project management tools such as JIRA, Trello, Asana, and Microsoft Project.
• JIRA for agile project management and issue tracking

• Trello for visual project management and collaboration

• Asana for task management and team communication

• Microsoft Project for project planning and scheduling
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Q4. How would you handle customer if they changed the requirements on the fly
Ans. 
I would assess the impact of the change, communicate with the team and stakeholders, and update the project plan accordingly.
• Listen to the customer's request and clarify the changes

• Assess the impact of the change on the project timeline, budget, and resources

• Communicate the changes to the project team and stakeholders

• Update the project plan and document the changes

• Ensure that the changes align with the project goals an...read more
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How to handle difficult stakeholders

Q1. Why do you think the product may not seller
Ans. 
The product may not sell due to lack of market demand, poor marketing strategy, high price point, or competition.
• Lack of market demand for the product

• Poor marketing strategy or ineffective advertising

• High price point compared to competitors

• Strong competition in the market
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Finance and data interpretation

Finance related topic

Q1. Core knowledge tested
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Q1. Tell me about urself
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Q1. Service desk parameter
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Q2. Troubleshooting and call handling
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Q1. SQL Windows functions based questions
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Q2. Detail explanation of one project which handled previously
Ans. 
Developed a data analysis tool for tracking customer behavior
• Created a database to store customer data

• Designed algorithms to analyze customer interactions with the website

• Generated reports to identify trends and patterns in customer behavior
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Q1. Describe your current role
Ans. 
As a Business Analyst, I bridge the gap between stakeholders and IT, ensuring project requirements align with business goals.
• Conducting stakeholder interviews to gather requirements, such as understanding user needs for a new software tool.

• Analyzing data trends to identify areas for improvement, like reducing customer churn by 15% through targeted marketing strategies.

• Creating detailed documentation, including business...read more
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Case study on ecommerce system

Case study on path lab

Q1. Your inputs on women rights
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Q1. How do you resolve conflicts
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Logical reasoning and critical thinking

Case study to test appraching problem statement and solutioning, consensus building and prioritization