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OJ Commerce Financial Analyst Interview Questions and Answers
OJ Commerce Financial Analyst Interview Experiences
1 interview found
Mohan Krishna
I applied via LinkedIn and was interviewed in Sep 2023. There were 3 interview rounds.
Variance and cost analysis
(1 Question)
- Q1. Budgeting and forecasting
Financial Analyst Jobs at OJ Commerce
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Anonymous
(5 Questions)
- Q1. Explain budgeting
- Ans.
Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.
Involves estimating income and expenses
Setting financial goals
Monitoring actual performance against the budget
Adjusting the budget as needed
Common types include operating budgets, capital budgets, and cash budgets
- Q2. Explain forecasting
- Ans.
Forecasting is the process of making predictions about future trends based on past and present data.
Forecasting involves analyzing historical data to identify patterns and trends
Different methods such as qualitative and quantitative analysis can be used for forecasting
Common techniques include time series analysis, regression analysis, and econometric modeling
Forecasting helps businesses make informed decisions and pla...
- Q3. Explain revenue recognition
- Ans.
Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.
Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.
It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.
Different industries may have specific guidelines for revenue recog...
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
- Ans.
Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.
Assets are recognized in the balance sheet to show the company's resources and their value.
Depreciation is recorded to allocate the cost of assets over their useful life.
Recognizing assets and depreciating them helps in accurately reflecting ...
Selected
I was interviewed before Feb 2024.
(1 Question)
- Q1. Tell me about yourself.
(2 Questions)
- Q1. About the previous work experience
- Q2. How to we handle the client escalation
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
Selected
I applied via Referral and was interviewed in Jun 2024. There were 2 interview rounds.
(2 Questions)
- Q1. Accounting mcq online
- Q2. Excel solving online
(2 Questions)
- Q1. Dso calculation
- Q2. Current experience
Interview Preparation Tips
- Financial Analysis
Kirti Ranjan Das
Selected
I applied via Company Website and was interviewed in Oct 2023. There were 7 interview rounds.
Concentrate on the questions and answer accordingly. I am sure it can be cracked within the time limit
(1 Question)
- Q1. It was an operational round completely based on experience and a situation that you have experience and how you have tackeled it and was there any other way it can be tackled.
(1 Question)
- Q1. It was also an operational round and the questions were around the improvement idea's, lean ideas and implementation of those ideas in the process that I am working.
(1 Question)
- Q1. It was also an operational round where the questions were acound issues and problems in the transition process. How the improvement ideas have helped in increasing productivity, reducing manual efforts and...
(1 Question)
- Q1. It was also an operational round in which the questions were basically around how to improve quality of work and implement ideas for a target driven process.
(1 Question)
- Q1. This was also an operational round but the questions were more around ensuring quality of work, ensuring one time resolutions and what are the different ways to achieve these with the experience you carry,...
Interview Preparation Tips
Ex- When you have started what was the number and post adding your ideas and experiences how the number has changed and as a process owner how you were able to track the change.
Like you can say when I started the profit was 10% but it grow upto 15%, you should have a valid example and you ahould be able to justify your answer with the data points in your current job.
Selected
I applied via Recruitment Consulltant and was interviewed in Feb 2024. There was 1 interview round.
(2 Questions)
- Q1. Why should we hire you
- Ans.
I have a strong background in financial analysis, excellent analytical skills, and a proven track record of delivering results.
I have a Bachelor's degree in Finance and have completed internships at top financial firms.
I am proficient in financial modeling, forecasting, and data analysis.
I have a history of identifying cost-saving opportunities and improving financial performance.
I am a quick learner and have a strong ...
- Q2. How to handle financial issue
- Ans.
Handling financial issues involves analyzing the problem, creating a plan, and implementing solutions.
Analyze the financial issue to understand the root cause
Create a detailed plan to address the issue, including budget adjustments or cost-cutting measures
Implement the plan effectively, monitoring progress and making adjustments as needed
Seek advice from financial experts or consultants if necessary
Communicate with sta...
Interview Preparation Tips
(2 Questions)
- Q1. Past experience
- Q2. Technical knowledge
(1 Question)
- Q1. Tell me about yourself
(2 Questions)
- Q1. Tell me about yourself
- Q2. How can you good fit for this role?
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OJ Commerce Financial Analyst Interview Process
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