Madhucon Projects DGM Finance Interview Questions and Answers

Accounts un-related topics discussed to show their knowledge in export. Which i not required for me were i was engaged

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Q1. Salary expected
Ans. 
Negotiable based on the responsibilities and benefits offered by the company.
• Salary expectations are flexible and dependent on the specific responsibilities and benefits provided by the company.

• Open to discussing salary range during the interview process.

• Seeking a competitive salary that aligns with industry standards and my level of experience.

• Looking for a compensation package that includes benefits such as healthcar...read more
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Q2. Transfer to other state
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Q1. What's is the difference between finance and accounts
Ans. 
Finance deals with managing money and investments while accounts deal with recording financial transactions.
• Finance involves analyzing financial data, creating financial plans, and making investment decisions.

• Accounts involve recording financial transactions, preparing financial statements, and maintaining financial records.

• Finance is more strategic and forward-looking while accounts are more focused on historical data...read more
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Q2. How do you control the debtors outstanding for longer period
Ans. 
Controlling debtors outstanding involves setting credit policies, monitoring payment schedules, and following up on overdue accounts.
• Establish clear credit policies and payment terms

• Monitor payment schedules and follow up on overdue accounts

• Offer incentives for early payments and penalties for late payments

• Maintain good relationships with customers to encourage timely payments

• Consider outsourcing debt collection to a t
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Q3. How do you value inventory
Ans. 
Inventory is valued using the cost method, which involves determining the cost of each item and multiplying it by the number of items in stock.
• Cost method involves determining the cost of each item

• Multiply the cost by the number of items in stock

• Other methods include LIFO, FIFO, and weighted average

• Valuation should be done consistently and accurately
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Q1. What is your learning from present assignment
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Q1. What is your expected CTC?
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Q1. Tell me about your roles & responsibilities of your current job? what is your expected CTC and why?
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