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I applied via Recruitment Consultant and was interviewed in Dec 2019. There were 4 interview rounds.
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...
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
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...
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I applied via Recruitment Consultant and was interviewed before Aug 2020. There were 4 interview rounds.
I applied via Naukri.com and was interviewed before Nov 2021. There were 2 interview rounds.
Basic questions regards maths, then English
I applied via Referral and was interviewed before Jan 2021. There was 1 interview round.
I applied via Naukri.com and was interviewed before Sep 2021. There were 3 interview rounds.
Basic excel and grammar questions
A topic would be given to the candidates. Ex. "Pro's and Con's of social media"
Financial terms refer to the vocabulary used in the world of finance and economics.
Financial terms include words and phrases related to investments, banking, accounting, and more.
Examples of financial terms include assets, liabilities, interest rates, dividends, and capital gains.
Understanding financial terms is important for making informed financial decisions and communicating effectively with financial professionals
I applied via Campus Placement and was interviewed before Dec 2020. There was 1 interview round.
I applied via Campus Placement and was interviewed before Feb 2021. There were 4 interview rounds.
Do with confidence prepare your self
Start putting your points on first 3 mins only
I am a dedicated and detail-oriented individual with strong analytical skills and a passion for process improvement.
I am highly organized and able to multitask effectively
I have experience in data analysis and problem-solving
I am a quick learner and always eager to expand my knowledge and skills
I applied via Naukri.com and was interviewed before Aug 2021. There were 2 interview rounds.
It includes basic English, reasoning and Quantitative questions
I applied via Recruitment Consultant and was interviewed before Sep 2020. There was 1 interview round.
Some of the top questions asked at the Provana Finance Accounts Process Associate interview -
Process Expert
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Process Analyst
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Business Analyst
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Senior Process Expert
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Senior Associate
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