Lotte India Corporation Assistant Manager Finance & Accounts Interview Questions and Answers

Q1. Motivation behind changing job
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Q2. Technical questions
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Q1. What is Financial Modeling
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Financial modeling is the process of creating a representation of a company's financial performance in the form of numerical projections.
• Financial modeling involves forecasting a company's future financial performance based on historical data and assumptions.

• It helps in making informed decisions regarding investments, budgeting, and strategic planning.

• Common tools used in financial modeling include Excel, financial mod...read more
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Q2. What is zero base budgeting
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Zero base budgeting is a budgeting process where all expenses must be justified for each new period.
• In zero base budgeting, all expenses start at zero and must be justified from scratch for each new budget period.

• It requires managers to analyze and justify all expenses, not just incremental changes from the previous period.

• This approach can lead to more efficient allocation of resources and better cost control.

• Examples...read more
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Q1. Related to your professional experience.
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Q1. Salary Negotiation Round.
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Q1. What is your goal in future.
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Q2. My goal is to gain valuable experience, develop new skills, and make meaningful contributions in your chosen field or industry. Additionally, i might aim to establish a strong professional network, pursue ...read more
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Q1. About work experience in general
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Technicalities about overall finance and accounting

Q1. Practical question which requires subject knowledge in depth
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