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LuLu Group International Executive Accountant Interview Questions and Answers

Updated 17 Jul 2024

LuLu Group International Executive Accountant Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

    • These rules help maintain the balance in accounting records and ensure accuracy in financial reporting.

    • For example, when a company receives...

  • Answered by AI
  • Q2. Basic journal entries

Interview questions from similar companies

I applied via Naukri.com and was interviewed in Nov 2021. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. Role of Account payable
  • Ans. 

    Accounts payable is responsible for managing and processing the company's payments to vendors and suppliers.

    • Processing and recording invoices

    • Verifying and reconciling vendor statements

    • Managing vendor relationships

    • Ensuring timely and accurate payment of invoices

    • Maintaining accurate records of accounts payable transactions

    • Assisting with financial reporting and analysis

  • Answered by AI
  • Q2. Ctc statement and notice period
  • Ans. 3Lpa and one month notice period
  • Answered by Ankita Bhosale
  • Q3. Preferable location
  • Q4. Where do you stay
  • Q5. Current organization name

Interview Preparation Tips

Interview preparation tips for other job seekers - It was great experience.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(6 Questions)

  • Q1. My name is ranjan kamat
  • Q2. My education is M. Com completed
  • Q3. I have 2years experience
  • Q4. My location inBadarpur
  • Q5. My Father name is rajendra kamat
  • Q6. I have knowledge tally genuse gst tds
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Previous work experience
Round 2 - One-on-one 

(1 Question)

  • Q1. Previous work experience
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
No response

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

(2 Questions)

  • Q1. Tell me about yourself, interest of department
  • Q2. Salary expectations

Interview Preparation Tips

Interview preparation tips for other job seekers - Feel free while interview, make yourself be confident
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
Selected Selected

I applied via campus placement at Ramaiah Institute of Technology, Bengaluru and was interviewed in Mar 2023. 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. Basic Journal Entries, GST, VAT, Sales, Bank Reconciliation, Cash Flow
  • Q2. Discounts Journal Entries VAT payable entries Balance sheet item's Income And Expenses Sales Entries GAAP details

Interview Preparation Tips

Interview preparation tips for other job seekers - Better to prepare Basic Journal Entries and learn VAT & GST, Royalty Entries, Discounts, Sales & Purchase, Gift Voucher e.t.c
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Sep 2022. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. General Accepted Accounting Principle
  • Ans. 

    General Accepted Accounting Principle refers to a common set of accounting standards and procedures used in the preparation of financial statements.

    • GAAP ensures consistency and comparability in financial reporting

    • GAAP includes principles such as the cost principle, revenue recognition principle, and matching principle

    • GAAP is important for investors, creditors, and other stakeholders to make informed decisions based on

  • Answered by AI
  • Q2. Basic Accounting terms

Interview Preparation Tips

Interview preparation tips for other job seekers - Always stick to basic and JD.
Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Feb 2022. There were 3 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 - HR 

(1 Question)

  • Q1. Mostly the assessment of your English communication and confidence levels
Round 3 - Technical 

(2 Questions)

  • Q1. About the IFRS and other accounting standards
  • Q2. Excel fluency and how to handle the team
  • Ans. 

    Excel fluency and team management are crucial for a Senior Accountant.

    • Demonstrate proficiency in using Excel for financial analysis, data manipulation, and reporting.

    • Highlight experience in creating complex formulas, pivot tables, and macros.

    • Discuss your ability to handle large datasets and perform data analysis.

    • Explain how you ensure accuracy and integrity of financial data in Excel.

    • Describe your experience in trainin...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Landmark Group Senior Accountant interview:
  • IFRS
  • Budget preparation
  • Forecasting
Interview preparation tips for other job seekers - Be prepared about the financial analysis, excel and IFRS

I applied via Referral and was interviewed before May 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. What is prime cost ?
  • Ans. 

    Prime cost is the direct cost of materials and labor required to produce a product or service.

    • Prime cost includes the cost of raw materials, direct labor, and any other direct costs associated with production.

    • It does not include indirect costs such as rent, utilities, or administrative expenses.

    • Calculating prime cost is important for determining the profitability of a product or service.

    • For example, if a company produc...

  • Answered by AI
  • Q2. Some formulas from study

Interview Preparation Tips

Interview preparation tips for other job seekers - Must prepare for the concept that u stand for then go with a hard preparation and then apply
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected
Round 1 - HR 

(1 Question)

  • Q1. Ask me about my abilities

LuLu Group International Interview FAQs

How many rounds are there in LuLu Group International Executive Accountant interview?
LuLu Group International interview process usually has 1 rounds. The most common rounds in the LuLu Group International interview process are One-on-one Round.
How to prepare for LuLu Group International Executive Accountant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at LuLu Group International. The most common topics and skills that interviewers at LuLu Group International expect are Closing, Depreciation, Fixed Assets, General Ledger and Intercompany.
What are the top questions asked in LuLu Group International Executive Accountant interview?

Some of the top questions asked at the LuLu Group International Executive Accountant interview -

  1. Golden rules of account...read more
  2. Basic journal entr...read more

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LuLu Group International Executive Accountant Salary
based on 36 salaries
₹1.6 L/yr - ₹4 L/yr
21% less than the average Executive Accountant Salary in India
View more details

LuLu Group International Executive Accountant Reviews and Ratings

based on 7 reviews

2.6/5

Rating in categories

2.6

Skill development

2.8

Work-Life balance

2.0

Salary & Benefits

3.1

Job Security

2.5

Company culture

1.9

Promotions/Appraisal

2.5

Work Satisfaction

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