Luminous Power Technologies Finance Manager Interview Questions and Answers

Q1. Tell me ur self
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Q2. Notice period and package
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Q1. General & Experience
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Q1. Professional Experience & some technical questions (SAP)
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Q1. Asked about previous role
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Q1. Tell me about something your self and your family and last Company culture
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Q1. As per your work experience ask
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Q2. GR IR process payment process to Vendor and customers
Ans. 
GR IR process is used to reconcile goods receipts and invoices. Payment process to vendors and customers involves issuing payments based on agreed terms.
• GR IR process ensures that the goods received match the invoice received from the vendor.

• Payment process to vendors involves creating a payment proposal, approving it, and executing the payment.

• Payment process to customers involves creating an invoice, sending it to th...read more
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Work Related topics and processes

Q1. Strengths and weakness
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Q1. IFRS and other practical implementation
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Q2. Past experience and methods of cost saving
Ans. 
I have successfully implemented cost-saving measures in my previous roles by analyzing expenses, negotiating with vendors, and optimizing processes.
• Conducted thorough analysis of expenses to identify areas for cost reduction

• Negotiated with vendors to secure better pricing and terms

• Implemented process improvements to increase efficiency and reduce waste

• Utilized technology to automate tasks and streamline operations

• Track...read more
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Q1. Psychology at work place behaviour
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Psychology at workplace behavior involves understanding how individuals think, feel, and act in a work environment.
• Understanding individual differences in personality, motivation, and communication styles can help improve team dynamics.

• Applying principles of motivation and reinforcement can increase employee engagement and productivity.

• Recognizing and managing stress, conflict, and emotions in the workplace can lead to...read more
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