Ocwen Financial Solutions Investor Accounting Analyst Interview Questions and Answers

Q1. Tell me about yourself
Ans. 
I am a detail-oriented accounting professional with 5 years of experience in financial analysis and reporting.
• Bachelor's degree in Accounting from XYZ University

• Proficient in using accounting software such as QuickBooks and SAP

• Experience in preparing financial statements and conducting audits

• Strong analytical skills and attention to detail

• Excellent communication and teamwork abilities
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Q1. Discussed job, typical behavioral
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Q1. Tell me about yourself
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It’s about to speak about 1 min of my village

Q1. Tel me about your self What is golden rule of accounting What is bank reconciliation statement etc…
Ans. 
I am a detail-oriented accountant with experience in financial analysis and reporting. The golden rule of accounting is to debit the receiver and credit the giver. Bank reconciliation statement is a process of matching the balances in a company's accounting records to the corresponding information on a bank statement.
• Golden rule of accounting: Debit the receiver, credit the giver

• Bank reconciliation statement: Matching ...read more
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Q1. About yourself and why do you want to leave your current job
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Q1. What is P2P Cycle and when AP work start?
Ans. 
P2P Cycle is Procure to Pay Cycle. AP work starts after the purchase order is received and goods/services are delivered.
• P2P Cycle involves the entire process of procuring goods or services, from identifying the need to paying the supplier.

• The cycle includes steps like requisition, purchase order, goods receipt, invoice receipt, and payment.

• AP work starts after the goods or services are received and the invoice is recei...read more
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It's a reasoning optitude test

Q1. General accounting questions
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Q2. Accruals, prepaid expenses, month end activities etc
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Q1. Background check
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Q2. Work history and skills
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