OM Careers Accountant Interview Questions and Answers

Q1. Previous Work Related Questions.
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Q1. Excel Test Subtotal Sum If Pivot Table Conditional Formatting V-Lookup Index-Match
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The question is testing your knowledge of Excel functions and features commonly used in accounting.
• Subtotal function is used to calculate subtotals in a list of data.

• Sum If function adds up values based on a specified condition.

• Pivot Table is a powerful tool for summarizing and analyzing data.

• Conditional Formatting allows you to highlight cells based on certain criteria.

• V-Lookup is used to search for a value in a table...read more
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Q1. What is cash burn
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Cash burn refers to the rate at which a company is spending its cash reserves.
• It is the amount of money a company is losing each month.

• It is calculated by subtracting the company's monthly expenses from its monthly revenue.

• It is important for investors to monitor a company's cash burn to ensure it has enough cash to continue operating.

• If a company's cash burn rate is too high, it may need to raise additional funds thro...read more
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Q2. About your CV and describe something.
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Q1. Based on an excell sheet
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Q2. What is chart of accounts
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Chart of accounts is a list of all the accounts used by an organization to record financial transactions.
• It is a systematic list of all the accounts used by an organization

• It helps in organizing financial transactions

• It provides a framework for financial reporting

• It is usually organized in a hierarchical structure

• Examples of accounts include assets, liabilities, revenue, expenses, etc.
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Q1. Tell about urself
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Q2. Explain about past work experience
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Q1. Gst related questions
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Q2. Gst rules and how to file
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GST rules and filing involve understanding tax regulations and submitting accurate returns.
• Understand GST rules and regulations to determine tax liabilities

• Maintain accurate records of sales and purchases for GST filing

• File GST returns on time to avoid penalties

• Use GST software or hire a professional accountant for assistance

• Ensure compliance with GST audit requirements
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Q1. Introduce Yourself or Describe Yourself.
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Q2. Where do you see in 5 years ?
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Easy to intermediate level

Two topics to discuss on for 10 mins with a group of 5-6 people