Nebula Infraspace LLP Accounts Officer Interview Questions and Answers

I am a detail-oriented and experienced Executive Accountant with a strong background in financial analysis and reporting.

• I have over 8 years of experience in accounting and finance.

• I am skilled in budgeting, forecasting, and financial modeling.

• I have a proven track record of improving financial processes and increasing efficiency.

• I am proficient in using accounting software such as QuickBooks and SAP.

• I have a Bachelor'

Budgeting and forecasting are financial planning tools used to estimate future revenues and expenses.

• Budgeting involves setting financial goals and creating a plan to achieve them.

• Forecasting involves predicting future financial outcomes based on historical data and trends.

• Budgeting helps in allocating resources effectively, while forecasting helps in making informed decisions.

• Examples: Creating an annual budget for a ...read more

Yes, I am okay with Saturday working, job location, and office hours.

• I am flexible and willing to work on Saturdays if required.

• I am comfortable with the job location and can commute easily.

• I am available during the office hours and can adjust my schedule accordingly.

Answering questions related to cash flow, GR-IR, invoice booking, and TDS rate.

• To prepare cash flow, start with the opening balance and add all inflows and subtract all outflows to get the closing balance.

• GR-IR stands for Goods Receipt - Invoice Receipt. It is used to reconcile the difference between goods received and invoices received.

• There are different types of invoice booking such as direct booking, indirect booki...read more

Leases appear in the balance sheet under the 'Lease Liabilities' section.

• Leases are classified as either operating leases or finance leases.

• Operating leases are disclosed in the footnotes of the financial statements.

• Finance leases are recognized as assets and liabilities on the balance sheet.

• Lease liabilities represent the present value of future lease payments.

• Lease assets represent the right to use the leased asset.

• B...read more