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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
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
No response

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

Round 1 - Group Discussion 

Ready to share experiences and skill for processing

Round 2 - One-on-one 

(2 Questions)

  • Q1. Is it a us process?
  • Ans. 

    Yes, it is a US process.

    • Yes, the process is based in the United States.

    • The transactions are handled according to US regulations and standards.

    • The customer service hours align with US time zones.

  • Answered by AI
  • Q2. Is it a insurance transaction
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(4 Questions)

  • Q1. What is yours favorite place?
  • Ans. 

    My favorite place is a secluded beach with crystal clear waters and white sandy shores.

    • Secluded beach

    • Crystal clear waters

    • White sandy shores

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

    Customer care involves providing assistance and support to customers before, during, and after a purchase.

    • Customer care focuses on meeting the needs and expectations of customers

    • It involves listening to customer concerns and resolving issues in a timely manner

    • Building relationships with customers to ensure satisfaction and loyalty

    • Providing product information, assistance, and guidance to customers

    • Handling customer inqu...

  • Answered by AI
  • Q3. Self introduction
  • Q4. What is bpo.Why you want to work with
  • Ans. 

    BPO stands for Business Process Outsourcing. I want to work in BPO because of the opportunities for growth, exposure to different industries, and development of communication skills.

    • BPO involves contracting a third-party service provider to handle specific business processes, such as customer service, technical support, or back-office operations.

    • Working in BPO provides opportunities for career growth and advancement, a...

  • Answered by AI
Round 2 - Assignment 

What type of weather you like

Interview Preparation Tips

Interview preparation tips for other job seekers - I will share my one of the worst experience with intouch cx in hi-tech city mindspace. On 7-10-2024.In the 2 ND round assessment. I got a mail that I disqualified in the round after that I went home around at 5 at evening a person called me come to office by 6 you have your manager round you should asked me before leaving Come how fast it is possible. Then I reached there from kukatpally.after that I cleared 2 rounds typing and manager round by 7 at 8.40.He said you got selected tomorrow you will get a call for documents verification. Today which is 11-10-2024. A female hr called me saying you didn't cleared in last round. Again come to interview on Monday. I think they will reject in this in some other rounds and behave like nothing happened before how dirty minds they are playing with people likedon't know why this people are stupid are what. Weird company.the employees there having shit on there brain. Very dumb heads.If I get a chance I will definitely give one niece slap to the person called me.even I come to know few people have experienced same like me. After me my friend went to the interview she told me about it. So don't believe this company.i say no to giving interview and wasting our time.I have faith in the god some day they will feel the pain I felt today.
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. What have you done since completing your graduation?
  • Q2. Nothing he didn't asked anything because this interview is just a formality to him

Interview Preparation Tips

Interview preparation tips for other job seekers - It was a very disappointing experience. They only provide jobs to individuals who come with recommendations or from affluent families. I carefully observed that the HR was asking questions, and after receiving the answers, he set the resumes of certain candidates aside. In contrast, two candidates who might have come with recommendations did not answer well, yet he placed their resumes in a different pile. Ultimately, he selected those two candidates only. They are taking advantage of us and wasting our time, so please do not apply for this job; don't waste your time and money.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in May 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

It very sime on genral biology about cancer and body system expain . Master project

Round 2 - Technical 

(2 Questions)

  • Q1. Masters project details?
  • Q2. What you know abouts bosy system

Interview Preparation Tips

Interview preparation tips for other job seekers - To be confident
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - Group Discussion 

About your self introduction

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company.with any doubt start working with company.
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. About your self and ur skills and typing skills basic computer knowledge
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-

I applied via Walk-in

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 - One-on-one 

(2 Questions)

  • Q1. Tell about yourself and general questions that's all
  • Q2. Tell about sales
  • Ans. 

    Sales involve the process of selling products or services to customers in exchange for money.

    • Sales involve building relationships with customers

    • Sales require effective communication and negotiation skills

    • Sales can involve identifying customer needs and offering solutions

    • Sales may include setting sales targets and developing strategies to meet them

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Just Do your Best don't fear .Talk with friendly
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Dec 2022. There were 4 interview rounds.

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 - HR 

(1 Question)

  • Q1. Self introduction
Round 3 - Assignment 

Verscent round were we have to listen to a words and do.

Round 4 - One-on-one 

(2 Questions)

  • Q1. Self introduction and spoke about work roll difference between what is BPO and call centre.
  • Q2. Self introduction Difference between BPO and call centre Work experience
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(4 Questions)

  • Q1. Why should we hire you?
  • Q2. What are your salary expectations?
  • Q3. Share details of your previous job.
  • Q4. Tell me about yourself.

Interview Preparation Tips

Interview preparation tips for other job seekers - Company fired employee without any information font work here

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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