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Olam Financial Associate Interview Questions and Answers

Updated 10 Aug 2023

Olam Financial Associate Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
6-8 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Feb 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all Resume tips
Round 2 - Aptitude Test 

Normal aptitude questions mainly test your E Q

Round 3 - Technical 

(2 Questions)

  • Q1. What are the metrics on which your investment decision would depend on
  • Ans. 

    Investment decisions depend on metrics like ROI, risk assessment, market trends, and financial ratios.

    • Return on Investment (ROI)

    • Risk assessment

    • Market trends

    • Financial ratios

  • Answered by AI
  • Q2. Share your experiences
Round 4 - Technical 

(2 Questions)

  • Q1. How to control inventory losses
  • Ans. 

    Implementing proper inventory management techniques and controls can help reduce inventory losses.

    • Regularly conduct physical inventory counts to identify discrepancies

    • Implement strict inventory tracking systems to monitor stock levels

    • Train employees on proper handling and storage of inventory

    • Utilize technology such as barcode scanners or inventory management software

    • Analyze sales data to forecast demand and prevent ove

  • Answered by AI
  • Q2. Accounting standards

Interview questions from similar companies

I applied via Campus Placement and was interviewed before Nov 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Aptitude Test 

Basic Accounting questions and analytical questions

Round 3 - One-on-one 

(2 Questions)

  • Q1. Journal entries, Accrualss, Deferred revenue
  • Q2. What is deferred revenue
  • Ans. 

    Deferred revenue is an accounting term that refers to revenue that has been received but not yet earned.

    • Deferred revenue is also known as unearned revenue.

    • It is common in subscription-based businesses where customers pay in advance for services that will be provided over time.

    • The revenue is recognized as earned revenue over the period of time that the service is provided.

    • Deferred revenue is recorded as a liability on t...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Not a worry, very good company with good pay and benefits treats employee safety at the most

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

Interview Questionnaire 

3 Questions

  • Q1. About previous company
  • Q2. Experience you handled
  • Q3. Gl related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare more about your experience written in resume
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Related to accounts and finance based on 11 and 12 th studies

Round 2 - One-on-one 

(2 Questions)

  • Q1. Golden rules and accounting explanation
  • Ans. 

    Golden rules in accounting are basic principles that guide the preparation of financial statements.

    • Golden rules include the principles of accounting like the principle of conservatism, consistency, materiality, etc.

    • These rules help ensure that financial statements are accurate, reliable, and consistent.

    • For example, the principle of conservatism dictates that expenses and liabilities should be recognized as soon as poss...

  • Answered by AI
  • Q2. Trail balance and balance sheet
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. General Discussion
Round 3 - One-on-one 

(2 Questions)

  • Q1. Previous work experience
  • Ans. 

    I have 5 years of experience in marketing and sales.

    • Worked as a Marketing Executive at XYZ Company for 2 years

    • Managed a team of 5 sales representatives at ABC Company for 3 years

    • Achieved 20% increase in sales revenue in the first year at ABC Company

    • Developed and implemented successful marketing campaigns for multiple products

  • Answered by AI
  • Q2. What you have worked and ERP knowledge
  • Ans. 

    I have worked extensively with ERP systems and have a strong knowledge of their functionality.

    • I have experience working with SAP, Oracle, and Microsoft Dynamics ERP systems.

    • I have worked on implementing ERP systems for clients in various industries such as manufacturing, healthcare, and retail.

    • My knowledge of ERP systems includes modules such as finance, supply chain management, and human resources.

    • I have also provided...

  • Answered by AI

I applied via Naukri.com and was interviewed in May 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Accounting basics and also about process related
  • Q2. Lease account IFRS 16

Interview Preparation Tips

Interview preparation tips for other job seekers - High quality of company and very honest review will be provided
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. About my experience
Round 3 - One-on-one 

(1 Question)

  • Q1. Questions related to accounting, cas application

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared about the company
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Depending on the role?
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me about your experience
Round 2 - HR 

(1 Question)

  • Q1. Expected salary, what is ur previous salary

Interview Preparation Tips

Interview preparation tips for other job seekers - Be humble

Interview Questionnaire 

2 Questions

  • Q1. Tell me about yourself
  • Q2. Why do you want to change

Interview Preparation Tips

Interview preparation tips for other job seekers - Average just prepare it
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Olam Interview FAQs

How many rounds are there in Olam Financial Associate interview?
Olam interview process usually has 4 rounds. The most common rounds in the Olam interview process are Technical, Resume Shortlist and Aptitude Test.
How to prepare for Olam Financial Associate 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 Olam. The most common topics and skills that interviewers at Olam expect are Budgeting, CPA, Ca, Financial Reporting and Treasury.
What are the top questions asked in Olam Financial Associate interview?

Some of the top questions asked at the Olam Financial Associate interview -

  1. What are the metrics on which your investment decision would depend...read more
  2. How to control inventory los...read more
  3. Accounting standa...read more

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Olam Financial Associate Interview Process

based on 1 interview

Interview experience

4
  
Good
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