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Oracle Financial Services Software Functional Consultant Interview Questions and Answers

Updated 18 Jan 2025

Oracle Financial Services Software Functional Consultant Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Had basic aptitude questions

Round 2 - Technical 

(3 Questions)

  • Q1. General resume questions
  • Q2. What is bank reconciliation
  • Q3. Tell me about GST

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
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 tips
Round 2 - Technical 

(2 Questions)

  • Q1. Billing domain questions
  • Q2. Tell me about yourself
Round 3 - HR 

(1 Question)

  • Q1. General discussion salary

Interview Preparation Tips

Interview preparation tips for other job seekers - Good place to work

I applied via LinkedIn and was interviewed in Jun 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Consolidation types
  • Q2. Number of segments in COA
  • Ans. 

    The number of segments in COA refers to the divisions or categories used to organize and classify financial transactions.

    • The number of segments in COA can vary depending on the organization's needs and complexity of its financial operations.

    • Each segment represents a specific attribute or dimension, such as department, cost center, or product.

    • Having multiple segments allows for more detailed reporting and analysis of fi...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare the functionalities area
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 tips
Round 2 - Technical 

(2 Questions)

  • Q1. Billing domain questions
  • Q2. Tell me about yourself
Round 3 - HR 

(1 Question)

  • Q1. General discussion salary

Interview Preparation Tips

Interview preparation tips for other job seekers - Good place to work
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed before Aug 2022. There were 5 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 tips
Round 2 - Technical 

(2 Questions)

  • Q1. Tell me about your self
  • Q2. Mostly ask cycle like P2P, b2b, o2c
Round 3 - Technical 

(1 Question)

  • Q1. Will ask in details subjects
Round 4 - Behavioral 

(1 Question)

  • Q1. He will explain their expectations
Round 5 - HR 

(1 Question)

  • Q1. Ask for salary discussion and joining details

Interview Preparation Tips

Interview preparation tips for other job seekers - Hardwork learn for subject then crack the interview
Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Jul 2022.

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 tips
Round 2 - Technical 

(2 Questions)

  • Q1. Explain GST process with respect to STO scenarios
  • Ans. 

    GST process in STO scenarios involves movement of goods between two different states with tax implications.

    • In STO scenarios, goods are transferred from one branch to another within the same company but in different states.

    • GST is applicable on the supply of goods in STO scenarios, with tax implications based on the state of supply and recipient.

    • The supplying branch issues a tax invoice to the receiving branch for the go...

  • Answered by AI
  • Q2. How is requirement generated in MRP
  • Ans. 

    Requirements in MRP are generated based on the demand for finished goods, lead times, inventory levels, and production capacity.

    • MRP calculates requirements by exploding the bill of materials for each finished product

    • It considers demand forecasts, customer orders, and safety stock levels

    • Lead times for procurement and production are factored in to determine when materials are needed

    • Inventory levels are monitored to ensur...

  • Answered by AI
Round 3 - HR 

(2 Questions)

  • Q1. Why are you leaving your current organisation?
  • Q2. Where do you see yourself in 5 years

I applied via LinkedIn and was interviewed in Jun 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Consolidation types
  • Q2. Number of segments in COA
  • Ans. 

    The number of segments in COA refers to the divisions or categories used to organize and classify financial transactions.

    • The number of segments in COA can vary depending on the organization's needs and complexity of its financial operations.

    • Each segment represents a specific attribute or dimension, such as department, cost center, or product.

    • Having multiple segments allows for more detailed reporting and analysis of fi...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare the functionalities area

Oracle Financial Services Software Interview FAQs

How many rounds are there in Oracle Financial Services Software Functional Consultant interview?
Oracle Financial Services Software interview process usually has 2 rounds. The most common rounds in the Oracle Financial Services Software interview process are Aptitude Test and Technical.
What are the top questions asked in Oracle Financial Services Software Functional Consultant interview?

Some of the top questions asked at the Oracle Financial Services Software Functional Consultant interview -

  1. What is bank reconciliat...read more
  2. Tell me about ...read more
  3. General resume questi...read more

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Oracle Financial Services Software Functional Consultant Interview Process

based on 1 interview

Interview experience

4
  
Good
View more
Oracle Financial Services Software Functional Consultant Salary
based on 29 salaries
₹6.8 L/yr - ₹17 L/yr
8% more than the average Functional Consultant Salary in India
View more details

Oracle Financial Services Software Functional Consultant Reviews and Ratings

based on 3 reviews

4.0/5

Rating in categories

4.2

Skill development

4.2

Work-life balance

2.8

Salary

4.7

Job security

5.0

Company culture

1.8

Promotions

4.5

Work satisfaction

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