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Olam Specialist Interview Questions, Process, and Tips

Updated 1 Aug 2021

Olam Specialist Interview Experiences

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Specialist Interview Questions & Answers

user image Anonymous

posted on 1 Aug 2021

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

Interview Questionnaire 

4 Questions

  • Q1. Can you add interest to inventory ?
  • Ans. 

    Yes, interest can be added to inventory through various means.

    • Interest can be added to inventory by offering promotions or discounts to attract customers.

    • Introducing new and trendy products can generate interest and increase demand for inventory.

    • Creating visually appealing displays and arranging inventory in an attractive manner can attract customers.

    • Providing excellent customer service and personalized recommendations...

  • Answered by AI
  • Q2. Why we do accruals?what happens if we skip accruals?
  • Ans. 

    Accruals are necessary for accurate financial reporting and to match expenses with revenues.

    • Accruals help in recognizing expenses and revenues in the period they occur, rather than when cash is received or paid.

    • They ensure that financial statements reflect the true financial position and performance of a company.

    • Skipping accruals can lead to distorted financial statements and misrepresentation of financial results.

    • With...

  • Answered by AI
  • Q3. What is Trial Balance? What happens if don't prepare it?
  • Ans. 

    Trial Balance is a statement that lists all the ledger balances to ensure they are in balance.

    • Trial Balance is prepared to check the accuracy of the accounting records.

    • It lists all the debit and credit balances of the ledger accounts.

    • If the Trial Balance doesn't balance, it indicates errors in the accounting records.

    • Errors can include incorrect postings, omissions, or mistakes in calculations.

    • If Trial Balance is not pr...

  • Answered by AI
  • Q4. How inventory is being valued? Can factory cast added to inventory ?
  • Ans. 

    Inventory is valued based on the cost of acquiring or producing the items. Factory cost can be added to inventory.

    • Inventory is typically valued using one of the following methods: First-In, First-Out (FIFO), Last-In, First-Out (LIFO), or Weighted Average Cost.

    • The cost of acquiring or producing the items, including any direct costs (such as purchase price or production costs) and indirect costs (such as transportation o...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - The interview questions are simple, but you have to explain answer with underlying concept behind it.

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed before May 2020. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Related to sales automation.
  • Q2. What is SFA?
  • Ans. 

    SFA stands for Sales Force Automation.

    • SFA is a software system that automates sales processes.

    • It helps sales teams manage customer interactions, track leads, and close deals.

    • SFA can also provide analytics and reporting on sales performance.

    • Examples of SFA software include Salesforce, HubSpot, and Zoho CRM.

  • Answered by AI
  • Q3. What is DMS?
  • Ans. 

    DMS stands for Document Management System.

    • DMS is a software system used to manage, store, and track electronic documents and images.

    • It allows for easy retrieval and sharing of documents within an organization.

    • DMS can also provide version control and security features to ensure document integrity.

    • Examples of DMS include Microsoft SharePoint, Google Drive, and Dropbox Business.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It was a long session and was an interesting one.

I applied via Recruitment Consultant and was interviewed before Jun 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Tell me about yourself?

Interview Preparation Tips

Interview preparation tips for other job seekers - Go through all the basics and know all topics. You will do just fine.

I applied via Walk-in and was interviewed before Apr 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic questions on utilities and management

Interview Preparation Tips

Interview preparation tips for other job seekers - Don’t join unless you’re getting paid well.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Sep 2023. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. About Oprp ccp Rm Pm
  • Q2. Technical questions
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Ans. 

    I am a Senior Engineer with 10+ years of experience in software development, specializing in backend systems and cloud technologies.

    • 10+ years of experience in software development

    • Specialize in backend systems and cloud technologies

    • Strong problem-solving skills

    • Experience with large-scale projects

    • Proficient in multiple programming languages

  • Answered by AI
  • Q2. Technical background and experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Be genuine and tell what experience you have do not exaggerate.
Interview experience
4
Good
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Jun 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Brief about internet
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

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

Round 1 - Case Study 

How to handle emergency.

Round 2 - Technical 

(2 Questions)

  • Q1. Boiler light up sop
  • Q2. Turbine rolling procedure
  • Ans. 

    Turbine rolling procedure involves carefully starting and stopping the turbine to prevent damage.

    • Ensure proper lubrication of bearings before starting the turbine.

    • Gradually increase the speed of the turbine to prevent sudden stress on the components.

    • Monitor temperature and vibration levels during the rolling procedure.

    • Follow manufacturer's guidelines for specific turbine rolling procedures.

    • Perform regular maintenance c

  • Answered by AI

I applied via Campus Placement

Round 1 - Group Discussion 

3

Round 2 - Coding Test 

C++

Round 3 - Aptitude Test 

Gs

Interview Preparation Tips

Interview preparation tips for other job seekers - Good communication skills, technical sound for freshers and hands-on experience for experienced
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

ITS TOO EASY TO CRACK THE INTERVIEW

Round 2 - Technical 

(2 Questions)

  • Q1. ITS ABOUT CORE TECHNICAL
  • Q2. WHAT IS CORE VAUES ABOUT COMPANY

Olam Interview FAQs

How to prepare for Olam Specialist 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 Forecasting, Balance Sheet, Budgeting, Process Improvement and Financial Statements.
What are the top questions asked in Olam Specialist interview?

Some of the top questions asked at the Olam Specialist interview -

  1. What is Trial Balance? What happens if don't prepare ...read more
  2. How inventory is being valued? Can factory cast added to inventor...read more
  3. Why we do accruals?what happens if we skip accrua...read more

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Olam Specialist Salary
based on 92 salaries
₹4.5 L/yr - ₹12 L/yr
27% less than the average Specialist Salary in India
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Olam Specialist Reviews and Ratings

based on 4 reviews

3.3/5

Rating in categories

3.5

Skill development

2.2

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3.7

Salary

3.4

Job security

3.8

Company culture

3.4

Promotions

2.5

Work satisfaction

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