Oswal Castings Senior Accounts Executive Interview Questions and Answers

My strengths include strong analytical skills, attention to detail, and excellent communication abilities.

• Strong analytical skills - able to analyze complex financial data and identify trends

• Attention to detail - meticulous in reviewing financial reports and ensuring accuracy

• Excellent communication abilities - able to effectively communicate with clients and team members

Intercompany recharge is the process of one company billing another company within the same corporate group for shared services or expenses.

• Intercompany recharges are common in multinational corporations with multiple subsidiaries.

• It helps allocate costs accurately among different entities.

• Examples include charging for IT services, rent, or administrative support provided by one subsidiary to another.

Blackline reconciliation is a process used in accounting to ensure the accuracy of financial statements by comparing two sets of records.

• Blackline reconciliation involves comparing financial records from different sources to identify discrepancies or errors.

• It helps in ensuring the accuracy of financial statements and detecting any fraudulent activities.

• Automated tools like Blackline software are often used to streamli...read more

Provision is estimated based on past experience, current trends, and future expectations.

• Provision is an estimate of a liability or expense that may occur in the future.

• It is based on past experience, current trends, and future expectations.

• Provision can be estimated for various expenses such as bad debts, warranties, and legal claims.

• The estimation process involves analyzing historical data, market trends, and economi...read more