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Maersk Line Cost Controller Interview Questions and Answers

Updated 12 Feb 2022

Maersk Line Cost Controller Interview Experiences

1 interview found

I applied via Referral and was interviewed before Feb 2021. There were 3 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 Resume tips
Round 2 - Aptitude Test 

Airtmetic, verbal reasoning, nonverbal reasoning

Round 3 - Technical 

(1 Question)

  • Q1. About shipping industry, IFRS

Interview Preparation Tips

Interview preparation tips for other job seekers - Read IFRS througly, prepared for Deferred Revenue and Revenue recognition.

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Newspaper Ad and was interviewed before Feb 2022. There was 1 interview round.

Round 1 - HR 

(3 Questions)

  • Q1. Basics about company.
  • Q2. Basics about family.
  • Q3. General knowledge questions

Interview Preparation Tips

Interview preparation tips for other job seekers - No questions were asked. it was purely based on the CV.

I applied via Recruitment Consultant and was interviewed in May 2019. There were 4 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Cost control validation check points and expense types and accounting practices
  • Ans. 

    Cost control validation check points and expense types and accounting practices

    • Cost control validation check points include verifying invoices, comparing actual expenses to budgeted expenses, and conducting regular audits

    • Expense types can include direct costs (such as materials and labor) and indirect costs (such as overhead and administrative expenses)

    • Accounting practices should adhere to generally accepted accounting...

  • Answered by AI
  • Q2. A challenge you faced at work place and how did you over come the same
  • Ans. 

    I faced a challenge with budget overruns due to unexpected expenses, but overcame it by implementing stricter cost controls.

    • Identified the root cause of the budget overruns

    • Implemented stricter cost controls and monitoring processes

    • Negotiated with vendors for better pricing

    • Collaborated with project managers to align budget with actual expenses

  • Answered by AI
  • Q3. Core value you have in you life and why are those values important
  • Ans. 

    Integrity is a core value in my life because it guides my actions and builds trust with others.

    • Integrity helps me make ethical decisions in both personal and professional settings.

    • It allows me to be honest and transparent in my interactions with others.

    • By upholding integrity, I am able to build strong relationships based on trust and respect.

  • Answered by AI
  • Q4. Logical and aptitude tests

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and honest...its ok to say you dont know something rather than bluffing or beating around the bush.

I applied via Referral and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. What is FMCG .
  • Ans. 

    FMCG stands for Fast Moving Consumer Goods, which are products that are sold quickly and at a relatively low cost.

    • FMCG products are typically non-durable goods that are consumed or used up quickly, such as food, beverages, toiletries, and cleaning products.

    • These products are sold in large quantities and at a low profit margin, but generate high sales volume due to their high demand.

    • FMCG companies often rely on extensiv...

  • Answered by AI
  • Q2. How to develop the distribution
  • Ans. 

    Developing distribution involves identifying target markets, creating a distribution strategy, and building relationships with distributors.

    • Conduct market research to identify potential target markets

    • Create a distribution strategy that aligns with the company's goals and objectives

    • Build relationships with distributors by offering incentives and providing excellent customer service

    • Regularly evaluate and adjust the distr...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Very good interview I try to improve my self

Skills evaluated in this interview

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I was interviewed before Feb 2024.

Round 1 - One-on-one 

(1 Question)

  • Q1. Shipping domain related
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I was interviewed before Jun 2023.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Jobs Roles and Responsibilities etc.
Round 2 - Aptitude Test 

Logical+ Attitude +Math

Round 3 - One-on-one 

(2 Questions)

  • Q1. Question on day to day Roles
  • Q2. Process question
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Referral and was interviewed in Nov 2022. There were 3 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 Resume tips
Round 2 - Typing Test 

(1 Question)

  • Q1. General check regarding keyboard typing
Round 3 - Technical 

(1 Question)

  • Q1. Accrual concept of accounting Accounting standards
  • Ans. 

    Accrual concept recognizes revenue and expenses when they are earned/incurred, regardless of when cash is received/paid. Accounting standards provide guidelines for financial reporting.

    • Accrual concept is based on matching revenue and expenses in the same accounting period

    • Revenue is recognized when it is earned, not when cash is received

    • Expenses are recognized when they are incurred, not when cash is paid

    • Accounting stan...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for CMA CGM Assistant Manager interview:
  • General Accounting
Interview preparation tips for other job seekers - Interviews are lengthy process.
They will ask you to do typing test even for experienced professionals.
I attended interview 3 rounds in 3 days
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Mar 2023.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me about yourself ?
  • Q2. Describe about your experience?
Round 2 - One-on-one 

(3 Questions)

  • Q1. Tell me about the status of Financial Inclusion in India?
  • Ans. 

    Financial Inclusion in India is improving but still faces challenges in reaching rural and marginalized populations.

    • Government initiatives like Jan Dhan Yojana have increased access to banking services

    • Digital payment systems like UPI have made transactions easier and more accessible

    • Challenges remain in reaching rural and marginalized populations due to lack of awareness and infrastructure

    • Microfinance institutions play ...

  • Answered by AI
  • Q2. How would you deal with Government official?
  • Q3. What is your expected CTC?
  • Ans. 

    My expected CTC is negotiable based on the job role, responsibilities, and benefits offered.

    • My expected CTC is based on industry standards and my level of experience.

    • I am open to discussing the salary range during the interview process.

    • I am looking for a competitive salary package that aligns with my skills and qualifications.

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Sep 2023. 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 Resume tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. If you have experience, it's related to your performance and roles and responsibilities based
  • Ans. 2 way matches and 3 way matches
  • Answered Anonymously
  • Q2. Journal entry? Credit memo and debit memo ?
  • Q3. Accounts payable accounts Debit to Cash account credit
Round 3 - HR 

(1 Question)

  • Q1. Accurel and SAP T codes
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Recruitment Consulltant and was interviewed in Oct 2023. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. What is inventory turn over ratio
  • Ans. 

    Inventory turnover ratio measures how many times a company sells and replaces its inventory during a period.

    • It is calculated by dividing the cost of goods sold by the average inventory for the period.

    • A high turnover ratio indicates efficient inventory management, while a low ratio may suggest overstocking or slow sales.

    • For example, if a company has $1,000,000 in COGS and $200,000 average inventory, the turnover ratio w

  • Answered by AI
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Maersk Line Interview FAQs

How many rounds are there in Maersk Line Cost Controller interview?
Maersk Line interview process usually has 3 rounds. The most common rounds in the Maersk Line interview process are Resume Shortlist, Aptitude Test and Technical.

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Maersk Line Cost Controller Salary
based on 8 salaries
₹7.8 L/yr - ₹15 L/yr
25% more than the average Cost Controller Salary in India
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Maersk Line Cost Controller Reviews and Ratings

based on 5 reviews

3.4/5

Rating in categories

3.3

Skill development

4.0

Work-life balance

3.1

Salary

3.4

Job security

3.3

Company culture

2.6

Promotions

3.3

Work satisfaction

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