Muthoot Fincorp Senior Internal Auditor Interview Questions and Answers

Q1. About myself and professional life
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Q2. Professional and personal life
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Q1. About myself and professional life
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Q2. Current job experience
Ans. 
I have 5 years of experience as an internal auditor in a multinational corporation.
• Performed financial audits to ensure compliance with regulations

• Conducted risk assessments and developed audit plans

• Communicated findings to management and recommended improvements

• Collaborated with external auditors during annual audits
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Q1. What is Auditor policy and rules
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Q2. What is the important role in the company organisation
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A straightforward aptitude test and basic assessments.

Q1. About your self
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Q2. And other basic
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Q1. Tell me about yourself and your experience in this field
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Q1. What is the best way of Cost Control
Ans. 
The best way of cost control is through budgeting, monitoring expenses, reducing waste, and negotiating with suppliers.
• Create a detailed budget outlining all expenses and revenue projections

• Regularly monitor expenses to identify any deviations from the budget

• Reduce waste by implementing efficient processes and procedures

• Negotiate with suppliers to secure better pricing and terms

• Implement cost-saving measures such as bu
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Q1. About ur family
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Q2. About ur studies
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Q1. Tell me about yourself
Ans. 
I am a highly motivated and detail-oriented individual with a passion for internal auditing.
• I have a Bachelor's degree in Accounting and over 5 years of experience in internal auditing.

• I am skilled in risk assessment, control evaluation, and audit planning.

• I have experience in conducting audits for various industries such as healthcare, finance, and manufacturing.

• I am proficient in using audit software such as ACL and ...read more
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Q2. What is your past experience
Ans. 
I have 5 years of experience in internal auditing for a multinational corporation.
• Worked on financial and operational audits

• Conducted risk assessments and developed audit plans

• Performed testing of controls and documented findings

• Presented audit reports to senior management

• Collaborated with cross-functional teams to implement recommendations

• Trained and mentored junior auditors
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Q3. Why you want to change your job
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Q4. How you make reports
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I gather data, analyze it, and present it in a clear and concise manner.
• Gather all relevant data and information

• Analyze the data to identify key findings and trends

• Organize the information in a logical and easy-to-understand format

• Include visual aids such as charts and graphs to enhance understanding

• Ensure the report is accurate, complete, and free of errors

• Tailor the report to the intended audience

• Provide recommendati
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Q1. Tell me about your self?
Ans. 
I am an experienced Internal Auditor with a strong background in financial analysis and risk assessment.
• Experienced Internal Auditor

• Strong background in financial analysis

• Skilled in risk assessment

• Detail-oriented and analytical

• Proficient in auditing standards and procedures

• Excellent communication and interpersonal skills
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Q2. Do you know ms execel?
Ans. 
Yes, I am familiar with MS Excel.
• I have extensive experience using MS Excel for data analysis and reporting.

• I am proficient in creating and managing spreadsheets, using formulas and functions, and creating charts and graphs.

• I have used MS Excel to perform financial analysis, budgeting, and forecasting.

• I am comfortable working with large datasets and using advanced features like pivot tables and macros.

• I can provide exa...read more
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Q3. What is your salary expectations?
Ans. 
I expect a competitive salary based on my qualifications and experience.
• I have researched the average salary range for Internal Auditors in the industry.

• I have considered my level of experience and expertise in the field.

• I am open to negotiation and willing to discuss the salary package in detail.

• I value fair compensation for the responsibilities and contributions I will bring to the organization.
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