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Lummus Technology Accountant Interview Questions and Answers

Updated 30 May 2024

Lummus Technology Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Lipi Paul

posted on 30 May 2024

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. What is contingent liabilities?
  • Ans. 

    Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.

    • Contingent liabilities are not recorded in the financial statements but disclosed in the footnotes.

    • They are dependent on a future event occurring or not occurring.

    • Examples include pending lawsuits, warranties, and guarantees.

    • Companies must assess the likelihood of the contingent liability occurring a

  • Answered by AI

Interview questions from similar companies

Interview Questionnaire 

1 Question

  • Q1. Things to consider during invoice processing.
  • Ans. 

    During invoice processing, it is important to consider accuracy, completeness, and timeliness.

    • Ensure all necessary information is included on the invoice

    • Verify the accuracy of the amounts and calculations

    • Match the invoice to the corresponding purchase order or contract

    • Ensure timely processing to avoid late payment fees or missed discounts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be very specific in your answer. Use application reference.

I applied via Naukri.com and was interviewed before Feb 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Related to my profile, fixed assets, cash management, general accounting

Interview Preparation Tips

Interview preparation tips for other job seekers - There will be 2 rounds. One by team lead and one by manager. They only want prior experience of the profile work here. Mainly Intercompany, general accounting, payments etc
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Job Fair and was interviewed before Jun 2022. There were 5 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 - HR 

(1 Question)

  • Q1. Basic introduction and questions about the role!
Round 3 - One-on-one 

(1 Question)

  • Q1. Technical question based on accounting standards and journal entries
Round 4 - One-on-one 

(1 Question)

  • Q1. One on one with the director questions based on your resume
Round 5 - HR 

(1 Question)

  • Q1. Questions on your ctc and benefits
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I was interviewed in Feb 2023.

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 - Technical 

(7 Questions)

  • Q1. Details of Procurement Process
  • Ans. 

    Procurement process involves identifying needs, selecting suppliers, negotiating contracts, and managing relationships.

    • Identify needs and requirements

    • Research and select potential suppliers

    • Negotiate terms and conditions

    • Create and sign contracts

    • Manage supplier relationships and performance

    • Monitor and evaluate procurement process effectiveness

  • Answered by AI
  • Q2. Understanding the material to be purchased
  • Q3. Suppliers database ans popular suppliers
  • Q4. Achievements in given project assignment
  • Q5. Supplier evaluation and selection process
  • Q6. Awareness of terms and conditions used in EPC projects
  • Q7. Integrity with internal stake holders
  • Ans. 

    Integrity with internal stakeholders is crucial for building trust and maintaining a positive work environment.

    • Communicate openly and honestly with colleagues and superiors

    • Respect confidentiality and avoid gossip or spreading rumors

    • Follow through on commitments and hold yourself accountable

    • Act with fairness and impartiality in decision-making

    • Admit mistakes and take responsibility for correcting them

    • Lead by example and

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - While attending the interview, keep your responses to the point.
Keep your involvement in your existing job and mark/ keep abreast on all such tiny issues, that will represent your strength for the required position.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Major difference between Hrg and Lrg?
  • Ans. 

    HRG stands for Human Resource Group while LRG stands for Large Retail Group.

    • HRG focuses on managing human resources within an organization

    • LRG focuses on managing a large retail business

    • HRG deals with employee relations, recruitment, training, and development

    • LRG deals with sales, inventory management, customer service, and marketing

  • Answered by AI
  • Q2. How to perform transformer sizing
  • Ans. 

    Transformer sizing involves calculating the appropriate size of a transformer based on load requirements.

    • Determine the total load requirements in kVA

    • Consider the load factor and diversity factor

    • Calculate the transformer size based on the total load requirements

    • Ensure the transformer is rated for the appropriate voltage and frequency

    • Consult with a professional engineer if needed

  • Answered by AI
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
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 - Technical 

(3 Questions)

  • Q1. Tell me about yourself
  • Q2. What you do daily
  • Q3. What is your package
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 - Technical 

(4 Questions)

  • Q1. How to design floating head assembly From pds
  • Ans. 

    Designing a floating head assembly involves considering various factors such as material selection, sealing mechanisms, and thermal expansion.

    • Select appropriate materials for the floating head assembly based on the application requirements.

    • Design effective sealing mechanisms to prevent leakage and ensure proper functioning.

    • Consider thermal expansion and contraction to accommodate temperature variations.

    • Ensure proper al...

  • Answered by AI
  • Q2. H2s service for pressure vessel
  • Ans. 

    H2S service for pressure vessel refers to the use of hydrogen sulfide in a pressure vessel.

    • H2S service involves the handling and containment of hydrogen sulfide gas in a pressure vessel.

    • Pressure vessels used in H2S service must be designed and constructed to withstand the corrosive effects of hydrogen sulfide.

    • Special materials and coatings may be required to prevent hydrogen sulfide from corroding the pressure vessel.

    • R...

  • Answered by AI
  • Q3. Different types of gasket
  • Ans. 

    Gaskets are mechanical seals used to prevent leakage between two surfaces. There are various types of gaskets available.

    • Sheet gaskets

    • Spiral wound gaskets

    • Ring gaskets

    • Metallic gaskets

    • Rubber gaskets

    • Cork gaskets

    • Non-asbestos gaskets

  • Answered by AI
  • Q4. Kamprofile and SpWd as per Asme

Interview Preparation Tips

Interview preparation tips for other job seekers - 4 people taking interview in worley Parsons including Hod and department manager

Skills evaluated in this interview

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 - Technical 

(1 Question)

  • Q1. Only design related queries
Round 3 - HR 

(1 Question)

  • Q1. Only salary package discussed

Interview Preparation Tips

Interview preparation tips for other job seekers - Just stick to basic and you can crack the interview

Interview Questionnaire 

1 Question

  • Q1. Norms of your company

Interview Preparation Tips

Interview preparation tips for other job seekers - We are well versed in TQM and TPM

Lummus Technology Interview FAQs

How many rounds are there in Lummus Technology Accountant interview?
Lummus Technology interview process usually has 1 rounds. The most common rounds in the Lummus Technology interview process are Technical.

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Lummus Technology Accountant Interview Process

based on 1 interview

Interview experience

3
  
Average
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Lummus Technology Accountant Salary
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₹5.5 L/yr - ₹8 L/yr
119% more than the average Accountant Salary in India
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