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Pierian Services Financial Controller Interview Questions and Answers
Pierian Services Financial Controller Interview Experiences
2 interviews found
Anonymous
(2 Questions)
- Q1. What is cashflow statement and it's activities
- Ans.
Cashflow statement shows the inflow and outflow of cash in a business over a specific period of time.
Cashflow statement is divided into three main activities: operating, investing, and financing.
Operating activities include cash received from sales, payments to suppliers, and salaries paid to employees.
Investing activities include cash spent on purchasing assets like equipment or investments like stocks.
Financing activ...
- Q2. What is entry for sale of fixed asset
- Ans.
The entry for the sale of a fixed asset involves recording the proceeds received and removing the asset from the balance sheet.
Debit the Cash or Bank account for the amount received from the sale
Credit the Fixed Asset account for the original cost of the asset
Credit the Accumulated Depreciation account for the total depreciation accumulated on the asset
Any difference between the sale proceeds and the net book value of ...
(1 Question)
- Q1. What is entry for sales provision?
- Ans.
Sales provision entry is a journal entry made to account for potential future losses on sales.
Sales provision is a liability account on the balance sheet.
It is created when there is a likelihood of returns, discounts, or warranty claims on sales already made.
The entry involves debiting the provision for sales account and crediting the relevant expense account (e.g. provision for sales returns).
Interview Preparation Tips
Selected
I applied via LinkedIn and was interviewed in May 2024. There was 1 interview round.
(2 Questions)
- Q1. Tell me about yourself
- Q2. What are you achievements and how you would be able to contribute in the role expected
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I applied via Naukri.com and was interviewed in Mar 2020. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Lots of questions on current and past projects going into depths of the approach/methodology. Couple of business case studies after that. Final round with Practice head who's mostly based in the US.
Interview Preparation Tips
I applied via LinkedIn and was interviewed before Jun 2021. There were 3 interview rounds.
(1 Question)
- Q1. No major technical questions asked
(1 Question)
- Q1. MD round non technical
(1 Question)
- Q1. Questions about team handling
Interview Preparation Tips
I applied via Recruitment Consulltant and was interviewed before May 2021. There were 3 interview rounds.
(2 Questions)
- Q1. Current role and responsibilities
- Q2. Salary expectations and location
(2 Questions)
- Q1. About project you worked and outcomes
- Q2. Leadership qualities
Interview Preparation Tips
Selected
I applied via LinkedIn and was interviewed before Apr 2023. There was 1 interview round.
(1 Question)
- Q1. Tell me about yourself
(1 Question)
- Q1. What is cash flow statement, budgeting, forecasting Examples of cash flow statements
- Ans.
Cash flow statement shows the inflow and outflow of cash, budgeting is planning for future expenses, forecasting is predicting financial outcomes.
Cash flow statement shows the sources and uses of cash in a business
Budgeting involves setting financial goals and creating a plan to achieve them
Forecasting involves predicting future financial outcomes based on historical data
Examples of cash flow statements include operati...
(1 Question)
- Q1. Salary expectations
Selected
I applied via Company Website and was interviewed before May 2022. There were 3 interview rounds.
(3 Questions)
- Q1. About experience and what you will be doing.
- Q2. How will you manage pressure
- Q3. Why do you want to join Mercer?
(1 Question)
- Q1. General round as all HR rounds
Domain based test was conducted
(2 Questions)
- Q1. Domain based test were conducted
- Q2. Domain based questions were asked
Interview Preparation Tips
Selected
I applied via Campus Placement and was interviewed in Oct 2022. There were 4 interview rounds.
Aptitude - verbal, quant, reasoning
(1 Question)
- Q1. Walk me through balance sheet
(1 Question)
- Q1. Tell me about a time you had to deal with multiple stakeholders
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Pierian Services Financial Controller Interview Process
based on 2 interviews
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