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Nokia Financial Controller Interview Questions and Answers

Updated 16 Jul 2024

Nokia Financial Controller Interview Experiences

3 interviews found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. If you have penalty charged in the project. how will the revenue be impacted.
  • Ans. 

    Penalty charged in a project can impact revenue negatively.

    • Penalties reduce the overall revenue generated from the project.

    • The amount of penalty charged will directly reduce the revenue earned.

    • Penalties can result in a decrease in profit margin.

    • Revenue impact depends on the severity and frequency of penalties.

    • Penalties may also affect the reputation of the company, leading to potential loss of future business.

  • Answered by AI
  • Q2. How will you reconcile deferred revenue.
  • Ans. 

    Deferred revenue is reconciled by comparing the beginning and ending balances, adjusting for any changes during the period.

    • Start by comparing the beginning and ending balances of deferred revenue accounts.

    • Identify any changes in the period, such as new revenue recognized or revenue that was previously deferred being recognized.

    • Adjust the balances accordingly to ensure they match the recognized revenue for the period.

    • En...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare well with Journal entry and technical knowledge.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Jul 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Revenue accounting IFRS details

Round 2 - Case Study 

Finance related dynamic

Financial Controller Interview Questions Asked at Other Companies

Q1. What is goodwill, how to calculate, what is negative goodwill, ho ... read more
Q2. What is derivative? How many types of derivatives, difference bet ... read more
Q3. What is financial instruments? How many types and types of financ ... read more
Q4. What is impairment of assets and journal entries
Q5. Is it necessary for individuals filing taxes to maintain books of ... read more

I applied via Referral and was interviewed in May 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. IFRS - revenue recognition

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident.

Interview questions from similar companies

I appeared for an interview in Mar 2017.

Interview Questionnaire 

8 Questions

  • Q1. Basics of networking
  • Q2. Data structures
  • Q3. Sql
  • Q4. Introduction
  • Q5. Final year project
  • Q6. Why should I hire you?
  • Ans. 

    I have the technical skills, experience, and passion to deliver high-quality software solutions.

    • I have a strong background in programming languages such as Java, Python, and C++.

    • I have experience working on complex software projects and collaborating with cross-functional teams.

    • I am passionate about staying up-to-date with the latest technologies and trends in software development.

    • I am a quick learner and have a strong...

  • Answered by AI
  • Q7. Why Ericsson?
  • Ans. 

    Ericsson is a global leader in telecommunications technology with a strong focus on innovation and career development.

    • Global leader in telecommunications technology

    • Strong focus on innovation

    • Opportunities for career development

  • Answered by AI
  • Q8. About relocation

Interview Preparation Tips

Round: Test
Experience: The test which I wrote was based on cocubes. quants was easy, one can easily score 50 percent if they refer rs agarwal and logical was easy but it takes more time and verbal was neither easy nor tough. One thing I want to advice try doing verbal first so that u can save time and then go to quant and logical. After the test we got the results out of 160 students 51 cleared the test. I was one among them.
Duration: 45 minutes
Total Questions: 45

Round: Technical Interview
Experience: Keep ur cool in the technical. people are friendly. Think before you answer twice they may ask u puzzles as well. So be prepared for it. Final year project is a must, they are gonna ask u the details how you implement stuffs in your project. After my technical out of 51 students around 30 cleared this round. I was one among them.

Round: HR Interview
Experience: Don't be scared guys. Hr is just a casual one. finally around 15 were selected from my college including me. I am very happy with the result. best of luck guys. Do well!!!
Tips: Keep your cool. stay confident that's all I can tell. Once you clear technical one can easily clear Hr round.

Skills: Communication, Technical Skill
College Name: JSS Academy of Technical Education - JSSATE

Interview Questionnaire 

4 Questions

  • Q1. Write a C code for printing Febonacci Series upto n elements
  • Ans. 

    C code for printing Fibonacci Series upto n elements

    • Declare three variables to store the current, previous and next numbers in the series

    • Initialize the previous and current variables to 0 and 1 respectively

    • Use a loop to print the next number in the series by adding the previous two numbers

    • Loop should run n times to print n elements in the series

  • Answered by AI
  • Q2. Question related to family background
  • Q3. What are your hobbies?
  • Q4. What are your strengths and weaknesses?

Interview Preparation Tips

Round: Test
Experience: Questions were from easy to moderate level. No negative marking, so attempt all.
Tips: Keep your mind open and practice aptitude problems on a daily basis.

Round: Group Discussion
Experience: There were 21 students selected out of which two teams of 10 and 11 students were formed. Both the groups were given a topic and each one of us had to express our views.
Tips: Don't get nervous, just speak whatever you think. Don't yell or speak at loudly, just keep calm and put your points forward.
Duration: 20 minutes

Round: Technical Interview
Experience: Apart from the above questions some puzzles and DBMS questions and a few basic C questions were also asked. We were given enough time to think and answer.
Tips: Do not be in a hurry. Think properly what you are going to say, whether it is right or not and then only answer.

Round: HR Interview
Experience: The HR round was a good one. He tried to test my thinking capabilities and reasoning capabilities
Tips: Answer every question honestly.

General Tips: All the four rounds were elimination rounds and the final result was announced based on cumulative performance. So, be patient and give your best.
Skill Tips: Try to answer every properly
Skills: IQ, Basic Coding Skills, Problem Solving Skills
College Name: NIT ALLAHABAD
Motivation: The company visited our college campus. Also, one of my relatives in in Ericsson at a very high  post and is quite happy working here.

Skills evaluated in this interview

I applied via Naukri.com and was interviewed before Jun 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Linux servers questions, past experience tools amd technologies

Interview Preparation Tips

Interview preparation tips for other job seekers - They will ask many questions but work will something else.

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

Interview Questionnaire 

1 Question

  • Q1. Basic java questions and a few easy to medium leetcode.

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare from leetcode and language according to the profile.

I appeared for an interview before Mar 2021.

Round 1 - Group Discussion 

Round duration - 15 minutes
Round difficulty - Easy

This was a group discussion round where we were divided into groups of 10 and we had 15 minutes for GD.

Round 2 - Face to Face 

(6 Questions)

Round duration - 60 minutes
Round difficulty - Medium

This is all about how good you are with the fundamentals. Out of 10 I would give it a 6.5 on difficulty.

  • Q1. 

    Reverse the String Problem Statement

    You are given a string STR which contains alphabets, numbers, and special characters. Your task is to reverse the string.

    Example:

    Input:
    STR = "abcde"
    Output:
    "e...
  • Ans. 

    Reverse a given string containing alphabets, numbers, and special characters.

    • Iterate through the string from the end to the beginning and append each character to a new string.

    • Use built-in functions like reverse() or StringBuilder in languages like Python or Java for efficient reversal.

    • Handle special characters and numbers while reversing the string.

    • Ensure to consider the constraints on the length of the string and the

  • Answered by AI
  • Q2. What is a deadlock?
  • Ans. 

    A deadlock is a situation in which two or more processes are unable to proceed because each is waiting for the other to release a resource.

    • Occurs in multitasking environments where processes compete for limited resources

    • Can be resolved using techniques like deadlock prevention, deadlock avoidance, and deadlock detection

    • Example: Process A holds Resource X and waits for Resource Y, while Process B holds Resource Y and wa

  • Answered by AI
  • Q3. What is a thread?
  • Ans. 

    A thread is a lightweight sub-process that allows concurrent execution within a single process.

    • Threads share the same memory space within a process.

    • Threads are used to achieve parallelism and improve performance.

    • Examples of threads include the main thread in a program and worker threads in a multi-threaded application.

  • Answered by AI
  • Q4. What is the difference between Multiprocessing and Multiprogramming?
  • Ans. 

    Multiprocessing involves multiple processors executing multiple tasks simultaneously, while multiprogramming involves multiple programs sharing a single processor by switching between them.

    • Multiprocessing utilizes multiple processors to execute multiple tasks concurrently.

    • Multiprogramming involves multiple programs sharing a single processor by switching between them.

    • Multiprocessing is more efficient in terms of perfor...

  • Answered by AI
  • Q5. Can you explain the process life cycle in an operating system?
  • Ans. 

    Process life cycle in an operating system involves creation, execution, termination, and resource management.

    • Creation: When a process is created, it is assigned a unique process ID and allocated necessary resources.

    • Execution: The process is then scheduled by the operating system to run on the CPU.

    • Termination: Once the process completes its task or is terminated by the user, it is removed from memory.

    • Resource Management...

  • Answered by AI
  • Q6. What are the differences between Windows XP and Windows 7?
  • Ans. 

    Windows XP and Windows 7 are both operating systems developed by Microsoft, but they have several key differences.

    • User interface: Windows 7 has a more modern and user-friendly interface compared to Windows XP.

    • Performance: Windows 7 is generally faster and more stable than Windows XP.

    • Security: Windows 7 has more advanced security features and updates compared to Windows XP.

    • Hardware support: Windows 7 supports newer hard...

  • Answered by AI
Round 3 - Face to Face 

(6 Questions)

Round duration - 60 minutes
Round difficulty - Easy

Technical round with questions on DBMS and Networking mainly.

  • Q1. What is the difference between RDBMS and DBMS?
  • Ans. 

    RDBMS is a type of DBMS that stores data in a structured format with relationships between tables.

    • RDBMS enforces referential integrity and allows for normalization of data.

    • DBMS is a general term for any system that manages databases, while RDBMS specifically refers to relational databases.

    • Examples of RDBMS include MySQL, Oracle, and SQL Server.

    • Examples of DBMS include MongoDB and Redis.

  • Answered by AI
  • Q2. What is an Object-Oriented Database Management System (OODBMS)?
  • Ans. 

    An Object-Oriented Database Management System (OODBMS) is a type of database management system that supports the creation and management of objects in a database.

    • OODBMS stores data in the form of objects, which can contain attributes and methods.

    • It allows for complex data structures and relationships to be represented more easily.

    • Examples of OODBMS include db4o, ObjectDB, and ObjectStore.

  • Answered by AI
  • Q3. How do you find the number of unique values in a SQL database?
  • Ans. 

    Use the COUNT DISTINCT function in SQL to find the number of unique values in a database.

    • Use the COUNT DISTINCT function along with the column name to count the number of unique values in that column.

    • For example, SELECT COUNT(DISTINCT column_name) FROM table_name;

    • You can also use GROUP BY to find the number of unique values for multiple columns.

  • Answered by AI
  • Q4. What is the difference between a hub and a switch in networking?
  • Ans. 

    A hub operates at the physical layer and broadcasts data to all devices on the network, while a switch operates at the data link layer and forwards data only to the intended recipient.

    • Hub operates at the physical layer, while switch operates at the data link layer

    • Hub broadcasts data to all devices on the network, while switch forwards data only to the intended recipient

    • Switch is more efficient and secure compared to a

  • Answered by AI
  • Q5. Can you explain the different OSI layers?
  • Ans. 

    The OSI (Open Systems Interconnection) model is a conceptual framework that standardizes the functions of a telecommunication or computing system into seven different layers.

    • Physical Layer: Deals with the physical connection between devices. Example: Ethernet cables.

    • Data Link Layer: Responsible for node-to-node communication. Example: MAC addresses.

    • Network Layer: Manages routing of data packets. Example: IP addresses.

    • T...

  • Answered by AI
  • Q6. What are the different protocols supported at each OSI layer?
  • Ans. 

    Different protocols supported at each OSI layer

    • Layer 1 (Physical): Ethernet, Wi-Fi, Bluetooth

    • Layer 2 (Data Link): MAC, PPP, HDLC

    • Layer 3 (Network): IP, ICMP, ARP

    • Layer 4 (Transport): TCP, UDP, SCTP

    • Layer 5 (Session): NetBIOS, PPTP

    • Layer 6 (Presentation): SSL, TLS

    • Layer 7 (Application): HTTP, FTP, SMTP

  • Answered by AI
Round 4 - HR 

Round duration - 15 minutes
Round difficulty - Easy

IF you make it to the HR round you are selected. All 28 that attended got selected . It was more like stuff for formality. The usual questions.

Interview Preparation Tips

Eligibility criteriaAbove 7 CGPAEricsson India interview preparation:Topics to prepare for the interview - Data Structures, Algorithms, System Design, Aptitude, OOPS, DBMS, OSTime required to prepare for the interview - 4 monthsInterview preparation tips for other job seekers

Tip 1 : Must do Previously asked Interview as well as Online Test Questions.
Tip 2 : Go through all the previous interview experiences from Codestudio and Leetcode.
Tip 3 : Do at-least 2 good projects and you must know every bit of them.

Application resume tips for other job seekers

Tip 1 : Have at-least 2 good projects explained in short with all important points covered.
Tip 2 : Every skill must be mentioned.
Tip 3 : Focus on skills, projects and experiences more.

Final outcome of the interviewSelected

Skills evaluated in this interview

Interview Questionnaire 

1 Question

  • Q1. Solve a magic cube

Interview Preparation Tips

Round: Test
Experience: Aptitude test was taken on aspiring minds and name of the test series was AMCAT.600 students gave the exam and 90 were selected for the GD.
There were four sections and each section had a minimum number of questions to be attempted and there was no negative marking.Navigation among questions and sections were not allowed so use you time and mind carefully.
Section 1 - Quants
Section 2 - Verbal Ability and Critical Reasoning
Section 3 - Logical Reasoning
Section 4 - Programming and Computer Science
Tips: Speed is the key.key. Quants are easier they test only the speed of the candidate.I think the programming section has the max weight age so try to focus on that section and try to score maximum marks in that section. Programming questions were tough and there were questions from a wide range of subjects Networking , Algorithms ,Data Structures , Java, C/C++, Operating Systems,Advanced Databases etc.


Round: Group Discussion
Experience: Group discussion was very ordinary and easy to crack if you have the right content and suitable examples and clear and crisp communication skills.I took the against side of the issue which only 2 out of 10 members did and I was very bold and effective with my statements and defended my stance effectively.
Tips: Give examples,Be bold and clear and crisp .
Duration: 25 minutes

Round: HR Interview
Experience: My HR interview started at around 11pm in the night so it was very chilled out.He asked me about what excites me , why verizon , what projects I have done and what role I've played it them.He asked about my college life ? What do we study ? Why do you want to work for a MNC rather then a startup? and many more general questions which I don't remember because my interview was very chilled out. I was having fun.I asked him a lot of questions about job profile and company and many of their products so he was impressed with me.
Tips: Please do a detailed survey of the work that the company does and have knowledge about the sector and SDLC.

Round: Puzzle Interview
Experience: I was given a 3*3 and 5*5 magic cube to solve.I tried a lot of times and it took nearly 15-20 minutes to solve both the questions correctly.He asked my approach I said politely Hit and Trial and then he said to me there's a shortcut and he told me a very nice and quick trick to solve the magic cube.

Round: Technical Interview
Experience: Basic programming questions were asked about patterns, strings and some algorithms like quick sort and merge sort.
Major tough and difficult questions were asked on databases and advanced databases in oracle.He asked many questions about the projects that I've done.In depth questions regarding projects were asked.He asked questions about various things used in web application and may question regarding MySql and Tables and JOINS.
Tips: Keep your calm even if you don't know any answer. I couldn't answer to one question of databases which carried our discussion on that questions for around 10 mins but still I couldn't answer the question and in the end I asked just out of curiosity that I want to know the answer to the question and he explained me the concept perfectly.

Skills: Programming, Databases, Communication Skills, Software Development Life Cycle
College Name: SRM University

Interview Questionnaire 

7 Questions

  • Q1. Array sorting – Bubble sort and its complexity?
  • Ans. 

    Bubble sort is a simple sorting algorithm that repeatedly steps through the list, compares adjacent elements and swaps them if they are in the wrong order.

    • Bubble sort has a worst-case and average complexity of O(n^2), where n is the number of items being sorted.

    • It is not efficient for large lists and is generally used for educational purposes.

    • Example: Sorting an array of strings in alphabetical order using bubble sort.

  • Answered by AI
  • Q2. Various storage classes in C? Difference between auto, static?
  • Ans. 

    Auto and static are two storage classes in C. Auto variables are local to a function while static variables retain their value between function calls.

    • Auto variables are created when a function is called and destroyed when the function ends

    • Static variables are initialized only once and retain their value between function calls

    • Auto variables have garbage value if not initialized while static variables are initialized to

  • Answered by AI
  • Q3. Questions on Pointers, memory management, scope of variables, etc were asked
  • Q4. What are your strengths and weaknesses?
  • Ans. 

    My strengths include problem-solving, attention to detail, and adaptability. My weaknesses include public speaking and impatience.

    • Strengths: problem-solving, attention to detail, adaptability

    • Weaknesses: public speaking, impatience

  • Answered by AI
  • Q5. Where do you see yourself 5 years from now?
  • Ans. 

    In 5 years, I see myself as a senior software developer leading a team of developers to create innovative solutions.

    • Leading a team of developers to create innovative solutions

    • Continuing to learn and stay up-to-date with the latest technologies

    • Contributing to the growth and success of the company

    • Mentoring and coaching junior developers

    • Taking on more responsibilities and challenges

  • Answered by AI
  • Q6. What are your interests?
  • Ans. 

    I am interested in exploring new technologies and learning new programming languages.

    • Exploring new technologies

    • Learning new programming languages

    • Attending tech conferences and meetups

    • Contributing to open source projects

  • Answered by AI
  • Q7. Are you ready to relocate?
  • Ans. 

    Yes, I am open to relocation for the right opportunity.

    • I am willing to relocate for the right job opportunity

    • I am open to exploring new cities and cultures

    • I am willing to consider relocation assistance

    • I am excited about the prospect of working in a new environment

  • Answered by AI

Interview Preparation Tips

Round: Test
Experience: The written test had 75 questions and we were allotted 80 minutes for the same.There were four sections: Verbal, Analytical, Attention to Detail and Technical (C and Data Structures).First, there was the verbal section. Basically, questions on articles, synonyms and antonyms were asked. Two passages were also given and related questions were asked. The analytical section included questions from quant (set theory, data sufficiency, cubes,etc.) and Logical Reasoning.
The third section was the easiest and did not require any special preparation. From a group of patterns, we had to determine if they were alike or different.
The fourth was the technical section and had 5 questions each from C and DS. This was the toughest section.Time management is absolutely important. There were sectional cutoffs and so we had to clear each section.

Round: Technical Interview
Experience: It was the PI round. First, we had the technical interview. Various questions on C and Data Structures were asked.Next, we had the HR interview. Here, the usual questions were asked. Some of them were:

Round: HR Interview
Experience: Also, questions from what I had written in my CV were asked.On the whole, the interview went quite well. And finally, I was selected.

Skills: Algorithm, C, C++
College Name: NIT PATNA

Skills evaluated in this interview

Nokia Interview FAQs

How many rounds are there in Nokia Financial Controller interview?
Nokia interview process usually has 1-2 rounds. The most common rounds in the Nokia interview process are Technical, Aptitude Test and Case Study.
How to prepare for Nokia Financial Controller interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Nokia. The most common topics and skills that interviewers at Nokia expect are Analytical skills, Continuous Improvement, Financial Accounting, Oracle and Process Efficiency.
What are the top questions asked in Nokia Financial Controller interview?

Some of the top questions asked at the Nokia Financial Controller interview -

  1. if you have penalty charged in the project. how will the revenue be impact...read more
  2. How will you reconcile deferred reven...read more
  3. IFRS - revenue recognit...read more

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Nokia Financial Controller Interview Process

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Nokia Financial Controller Salary
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₹12.9 L/yr - ₹16.5 L/yr
41% less than the average Financial Controller Salary in India
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3.8/5

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