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Provana Finance Accounts Process Associate Interview Questions and Answers

Updated 31 Jan 2020

Provana Finance Accounts Process Associate Interview Experiences

1 interview found

I applied via Recruitment Consultant and was interviewed in Dec 2019. There were 4 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. What is bank reconciliation statements ?
  • Ans. 

    Bank reconciliation statement is a document that compares the bank statement with the company's accounting records.

    • It helps identify any discrepancies between the two records.

    • It ensures that all transactions are recorded accurately.

    • It includes items such as deposits in transit, outstanding checks, and bank errors.

    • It is usually prepared on a monthly basis.

    • Example: If a company records a check as $500 but the bank statem...

  • Answered by AI
  • Q2. Explain minimum 7 reasons for preparing of bank reconciliation statements .
  • Ans. 

    Bank reconciliation statements are important for several reasons.

    • Identifying errors or discrepancies in bank transactions

    • Ensuring accuracy of accounting records

    • Preventing fraud or embezzlement

    • Tracking outstanding checks or deposits

    • Identifying bank fees or charges

    • Reconciling differences between bank and book balances

    • Providing evidence for audits or financial statements

  • Answered by AI
  • Q3. What is the COGS ? √√√√ Prepaid rent , Fictitious assets & Basis knowledge of
  • Ans. 

    COGS stands for Cost of Goods Sold, which is the direct cost of producing goods or services sold by a company.

    • COGS includes the cost of materials, labor, and overhead expenses directly related to the production of goods or services.

    • It is subtracted from the revenue generated by the sale of goods or services to determine the gross profit.

    • COGS is an important metric for businesses to track as it directly impacts their pr...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Company is good overall 3 rating out of 5 . Interview is Normal just they check your basis account knowledge & Excel knowledge , communication skill average required. We can say in one words this company is good for such types of candidate who are fresher and want to grow in future in account & Finance.

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
-
Result
No response

I applied via Walk-in and was interviewed in Dec 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Can you please tell me the stressfull in current company?
  • Q2. Have you given any Ideas to your manager?
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Apr 2024. There were 4 interview rounds.

Round 1 - Aptitude Test 

Verbal, Quantitative, Communication all the quesadillas included

Round 2 - HR 

(2 Questions)

  • Q1. What do you know about the role
  • Ans. 

    Process Associates are responsible for handling various tasks within a company, such as data entry, document processing, and customer service.

    • Responsible for data entry and processing

    • Handling customer inquiries and providing support

    • Assisting with administrative tasks

    • Ensuring accuracy and efficiency in all processes

  • Answered by AI
  • Q2. What do you know about GEP
  • Ans. 

    GEP is a global provider of procurement and supply chain services.

    • GEP helps businesses optimize their procurement processes and achieve cost savings.

    • They offer software solutions for procurement automation and analytics.

    • GEP has a presence in multiple countries and serves clients across various industries.

    • Some of their clients include Fortune 500 companies.

  • Answered by AI
Round 3 - One-on-one 

(2 Questions)

  • Q1. Asked questions from my resume
  • Q2. From resume- In excel do you know about VLOOKUP and HLOOKUP
Round 4 - HR 

(1 Question)

  • Q1. Can you handle night shift
  • Ans. 

    Yes, I am able to handle night shifts as required for the role of Process Associate.

    • I have previous experience working night shifts in my previous job.

    • I am a night owl and perform well during late hours.

    • I am willing to adjust my schedule to accommodate night shifts.

    • I understand the importance of being alert and focused during night shifts.

    • I have reliable transportation to and from work during night hours.

  • Answered by AI
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Typing skill with a paragraph
Interview experience
2
Poor
Difficulty level
Hard
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Apr 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Introduction your self
  • Q2. Basic accounting
Round 2 - Client Interview 

(3 Questions)

  • Q1. Advance Excel, pivot vlookup
  • Q2. Advance account, US GAAP, IFRS
  • Q3. Basic accounting

I applied via Naukri.com and was interviewed in Sep 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Tell me about yourself ?
  • Ans. My name is Harsh Vardhan Gupta basic please I am from Varanasi but currently staying in New Delhi I have a round 2 year experience in a Genpact, my higher education is B.Com 2019 my strength is I am hardworking person and my weakness is if somebody ask me for help I can't say no that's all about for me.
  • Answered Anonymously
  • Q2. Tell me about your process to work in Genpact.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and try to give all answer it self.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Mar 2024. There were 2 interview rounds.

Round 1 - HR 

(2 Questions)

  • Q1. About your self
  • Ans. Explain your self and your goals
  • Answered Anonymously
  • Q2. Previous year experience
  • Ans. Tell them about the previous year experience and about your role
  • Answered Anonymously
Round 2 - One-on-one 

(2 Questions)

  • Q1. About the role in your team
  • Ans. Tell the interview about your role and the things you did in the team
  • Answered Anonymously
  • Q2. The things you handled
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - Aptitude Test 

6 section consist of 7 questions with 8 mins but last 2 sections was email writing and essay writing with timing of 10 and 7 mins

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare well versed in aptitude
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. What is Accruals
  • Ans. 

    Accruals are expenses incurred but not yet paid or recorded.

    • Accruals are expenses that have been incurred but not yet paid for.

    • They are recorded in the financial statements to reflect the true financial position of a company.

    • Accruals help match expenses with revenues in the same accounting period.

    • Examples include accrued salaries, interest, and taxes.

    • Accruals are necessary for accurate financial reporting.

  • Answered by AI
  • Q2. What prepaid recalss
  • Ans. 

    Prepaid recalls are prepaid expenses that are reversed in the subsequent accounting period.

    • Prepaid recalls are expenses that have been paid in advance but are recognized as expenses in the following accounting period.

    • They are typically recorded as assets on the balance sheet until they are recognized as expenses.

    • Common examples of prepaid recalls include prepaid rent, insurance premiums, and subscription fees.

  • Answered by AI
Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Recruitment Consulltant and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Manger name Manish Gautam who had taken the interview for process expert after that he offered Analyst position I think he is crazy person who didn't know how to take interview and he said he belongs to th...
  • Q2. Don't get mess with the person name Manish Gautam as he offer position which is lower to your current position

Provana Interview FAQs

What are the top questions asked in Provana Finance Accounts Process Associate interview?

Some of the top questions asked at the Provana Finance Accounts Process Associate interview -

  1. what is the COGS ? √√√√ Prepaid rent , Fictitious assets & Basis ...read more
  2. What is bank reconciliation statements...read more
  3. Explain minimum 7 reasons for preparing of bank reconciliation statement...read more

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People are getting interviews through

based on 1 Provana interview
Recruitment Consultant
100%
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Low Confidence means the data is based on a small number of responses received from the candidates.

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