NAV Backoffice Assistant Manager Interview Questions and Answers

Q1. How to you perform analytics review of a financial statement ?
Ans. 
Performing analytics review of a financial statement involves analyzing key financial ratios, trends, and variances to assess the financial health of a company.
• Start by calculating key financial ratios such as liquidity, profitability, and solvency ratios.

• Compare the current financial statement with previous periods to identify trends and changes.

• Analyze variances between actual and budgeted figures to understand the r...read more
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Q2. How to you identify opportunities for automation in the audit engagement
Ans. 
Identifying opportunities for automation in audit engagements involves analyzing repetitive tasks, manual processes, and areas with high risk of errors.
• Analyze the audit process to identify repetitive tasks that can be automated, such as data entry or report generation

• Look for manual processes that are time-consuming and prone to errors, such as reconciliations or data validation

• Identify areas with high risk of errors,...read more
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Q1. About myself and accounting entries and compliance
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Q1. About balance sheet and goals
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Q1. Procuremnt process and key point dteails and current job KRA,
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Case study of process and identify the gaps in given scenrio

Q1. Tell us about your cv
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Q1. How do you anaylze financial statements
Ans. 
I analyze financial statements by reviewing income statements, balance sheets, and cash flow statements to assess the financial health of a company.
• Review income statements to analyze revenue, expenses, and profitability

• Examine balance sheets to assess assets, liabilities, and equity

• Analyze cash flow statements to understand the sources and uses of cash

• Compare financial ratios to industry benchmarks for performance eva
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Related to domain of expertise and some common scenarios to solve problems

Q1. Project based problems to be given
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Q1. Basic details asked by hr
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Q1. Junior partner takes interview and asked about process of GRC.
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Q1. Sr. Partner in GRC takes the interview and asked about only your personal things as he didn't know about any GRC processing. You get easily hired if u know basic process of GRC.
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Q1. Questions related to IND as 115, 109 and case based
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Q2. IND as109, and explanation
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Q3. Timings issue related
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Q4. Audit few questions
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