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Milliman Senior Accounts Payable Executive Interview Questions and Answers

Updated 4 Jul 2024

Milliman Senior Accounts Payable Executive Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Question regarding accounting entries, gst, foreign payment and assy type quest etc

Round 2 - Technical 

(2 Questions)

  • Q1. Tds on goods purchased on above 50 lac
  • Ans. 

    TDS on goods purchased above 50 lac is applicable at the rate of 1% under section 194Q of the Income Tax Act.

    • TDS is deducted at the rate of 1% on the total value of goods purchased if it exceeds 50 lac in a financial year.

    • Section 194Q of the Income Tax Act governs TDS on purchase of goods.

    • The responsibility of deducting TDS lies with the buyer of the goods.

    • The TDS amount deducted needs to be deposited with the governme...

  • Answered by AI
  • Q2. Gst on workman compensation
Round 3 - One-on-one 

(3 Questions)

  • Q1. Monthly routine in current company
  • Ans. 

    In my current company, the monthly routine involves processing invoices, reconciling accounts, preparing reports, and communicating with vendors.

    • Processing invoices received from vendors

    • Reconciling accounts to ensure accuracy

    • Preparing monthly financial reports

    • Communicating with vendors regarding payment status

    • Reviewing and approving expense reports

  • Answered by AI
  • Q2. Why leaving yout current company
  • Ans. 

    Seeking new challenges and growth opportunities

    • Desire for career advancement

    • Looking for a more challenging role

    • Seeking new learning opportunities

    • Company restructuring led to changes in job responsibilities

  • Answered by AI
  • Q3. Introducing yourself

Interview Preparation Tips

Interview preparation tips for other job seekers - Confidence and smile is the key and i will add english plays important ant role

Interview questions from similar companies

I applied via Walk-in

Interview Questionnaire 

1 Question

  • Q1. What do you think is supply chain consulting all about? Should HUL enter the Rural Markets? Do these rural consumers have even the purchasing power? What format HUL should adopt Different Trac...
  • Ans. 

    Supply chain consulting involves optimizing and improving the flow of goods and services from suppliers to customers.

    • Supply chain consulting focuses on analyzing and improving the efficiency of the supply chain process.

    • It involves identifying bottlenecks, reducing costs, and enhancing customer satisfaction.

    • Consultants may suggest strategies for inventory management, transportation, and distribution.

    • They may also recomm...

  • Answered by AI

Interview Preparation Tips

Round: Case Study Interview
Experience: This was an unstructured multiple case/scenario based interview and needed on spot thinking and some knowledge about the retail scenario in Indian Urban/Rural spaces. Interviewer was looking always doubtful about my ideas and was challenging the thoughts in between with some facts from his experience. What helped that I maintained my calm and followed a firm and informed stand on issues and gave relevant examples (like HUL’s Re 1 Shampoo sachet success in low income group people).
I presented my thoughts clearly and convincingly with examples of rural people buying luxury items as well and gave a few statistics about the size of urban vs rural markets in India. I further went on with examples of ITC retail, which was going successfully in integrating its rural retail business with agri-procurement channel (e-chaupal). Gave a few creative ideas about 2-3 possible new formats.

Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)

I applied via Company Website and was interviewed before Mar 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

Online aptitude test with English grammar and math skills

Round 2 - HR 

(3 Questions)

  • Q1. What is your family background?
  • Q2. Tell me about yourself.
  • Q3. What have you studied so far

Interview Preparation Tips

Interview preparation tips for other job seekers - Be positive and you will crack the interview

I applied via Naukri.com and was interviewed in May 2019. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Technical power bi tool

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview was average complete on power BI reporting tool

I applied via Naukri.com and was interviewed in Mar 2020. There were 7 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Case study, mental math, PPT

Interview Preparation Tips

Interview preparation tips for other job seekers - 1. Be good with mental math, helpful in both case solution as well as in brainteasers
2. Structured approach to answering questions
3. Need superior Power point skills, storyboarding your message is important

I applied via Recruitment Consultant and was interviewed in Dec 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Industry related question for NBFC and Insurance focusing on these industries past, present and future survival and challenges these industries face and auditing of these industries and other questions mai...

Interview Preparation Tips

Interview preparation tips for other job seekers - Appearance - Strict Formals - Suit and a tie
Body language should be genuine and communicative.

I applied via Campus Placement and was interviewed in Jan 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. The interview start with the question "Tell me about yourself"
  • Q2. Tell me about your work experience
  • Q3. Now this is where you can mould your interview question. Tell them only that works you have done for which you are very confident and for which you are prepared for a counter question. Don't try to impress...
  • Q4. Why do you choose to join our co

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare yourself, do the homework to brush-up the technical aspect of your job. Don't pay your attention to the negative vive that flows outside the interview room. Stay calm, confident and believe on your preparation.

I applied via Campus Placement and was interviewed in Apr 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Mention key Audit matters with example
  • Ans. 

    Key audit matters are significant areas of the audit that require the most attention and have the highest risk of material misstatement.

    • Revenue recognition

    • Impairment of assets

    • Valuation of inventory

    • Going concern

    • Related party transactions

    • Taxation

    • Litigation and claims

    • Acquisitions and disposals

    • Pensions and other post-employment benefits

    • Financial instruments

    • Business continuity and disaster recovery

    • IT systems and controls

  • Answered by AI
  • Q2. Consequence of non deducting TDS
  • Ans. 

    Non deduction of TDS can lead to penalties and legal consequences.

    • Non deduction of TDS can result in penalties and interest charges.

    • The taxpayer may also face legal consequences and prosecution.

    • The deductee may face difficulties in claiming credit for the tax deducted at source.

    • Non deduction of TDS can also lead to increased scrutiny from tax authorities.

    • For example, if an employer fails to deduct TDS on salary payment...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare CV with answers ready to all aspects of it.

I applied via Referral and was interviewed before Oct 2019. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. About past experience.

Interview Preparation Tips

Interview preparation tips for other job seekers - The interview was technical one. Mostly on my previous experience. I was for about 40 minutes. After you clear technical round there will be online communication test which includes listening skills, writing skills, etc. Best of luck.

I applied via Campus Placement and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Audit related

Interview Preparation Tips

Interview preparation tips for other job seekers - nothing much is asked but be sure that you are not gonna get real work at sdc and no value addition will be there thus think before you join

Milliman Interview FAQs

How many rounds are there in Milliman Senior Accounts Payable Executive interview?
Milliman interview process usually has 3 rounds. The most common rounds in the Milliman interview process are Aptitude Test, Technical and One-on-one Round.
What are the top questions asked in Milliman Senior Accounts Payable Executive interview?

Some of the top questions asked at the Milliman Senior Accounts Payable Executive interview -

  1. Tds on goods purchased on above 50 ...read more
  2. Monthly routine in current comp...read more
  3. Gst on workman compensat...read more

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Milliman Senior Accounts Payable Executive Interview Process

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Interview experience

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Good
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