The round 1 for PWC US Advisory is a telephonic round and lasts close to an hour. My interview was with a manager. After a brief introduction, the interview proceeded.

Question

Accepted Answer

[Please note that I stands for Interviewer and C stands for Candidate]

I: So, explain the procure to pay cycle.

C: The procure to pay cycle starts from the generation of demand, followed by the purchasing process, goods receipt, invoice verification, and finally payment. A more detailed answer was given.

I: What is safety stock, and why is it required?

C: Answered with the basic definition of safety stock. It is required to cater to unexpected variations in demand.

I: How do you calculate safety stock?

C: Detailed discussion on service level and how it is determined.

I: What is the primary role of the account payable team from a P2P point of view?

C: The AP team verifies the vendor invoice, then passes the entries, which then allows the payment to be made from the bank/cash.

I: What is this matching called?

C: 3-way match. Explained in detail

I: what is a 4-way match?

C: Don't know. (Answer was additional matching with the quality team). A few more questions were asked from my CV, mainly on inventory management, 2 bin system, and 3PL.

I: Let's do a small guesstimate. Estimate the number of liters of alcohol sold in August in India.

C: Verified the question. It was clarified whether he wants it from a specific approach. He insisted on adopting an approach from the demand side.

C: I will divide the country into three tiers of states. States with high alcohol consumption, states with medium alcohol consumption and states with low alcohol consumption. For tier 1 state, I will allocate say X liters of alcohol per person, Y for tier 2, and Z for tier 3. Other important factors to consider will be :- the difference in consumption based on social strata, the difference of consumption based on gender, availability factors (Independence Day is a dry day), Cultural factors like 'Savaan,' etc.

I: That's good. Then we discussed which states to put in tier 1,2,3 and why?

Now approach the same from the supply side and come up with a number.

C: Let's assume a single store. Now for each store, the store is open for 12 hours (10 to 10). Now, say 4 hours are peak hours (no idle time), 3 moderate and 3 hours with very less sale. Overall sales for a day will be No. of hours X No. of customers/hr. (= total customers that can be billed per hr. X peak factor) X avg. Liters sold per customer.

Now we multiply it with the number of days and the number of stores, which will again include the tier concept.

The round 1 for PWC US Advisory is a telephonic round and lasts close to an hour. My interview was with a manager. After a brief introduction, the interview proceeded.

Top PwC Consultant interview questions & answers

Popular interview questions of Consultant

Top HR questions asked in PwC Consultant