Reliance Retail Accounts & Finance Manager Interview Questions and Answers

Q1. Regarding job profile
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Q1. GST input and output working
Ans. 
GST input and output working involves calculating the tax paid on purchases (input) and tax collected on sales (output).
• Calculate GST input by adding up the tax paid on purchases.

• Calculate GST output by adding up the tax collected on sales.

• The net GST payable is the difference between output and input GST.

• Example: Input GST = $500, Output GST = $800, Net GST payable = $300.
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It had 2 sections, first one being an aptitude test having certain puzzles and basic quantitative ability questions.
And second section had questions around CA curriculum with questions revolving around Companies Act and Standards on Auditing.

Q1. Started with a brief introduction and questions related to articleship experience. Not much detailed, they only tesed our basic understanding. Areas touched - Audit and GST.
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Q1. How did you ensure timely payments in AP without a miss?
Ans. 
I ensured timely payments in AP by implementing a strict payment schedule and closely monitoring payment deadlines.
• Created a payment schedule with clear deadlines

• Implemented an automated payment system to avoid manual errors

• Monitored payment deadlines closely and followed up with vendors as needed

• Maintained accurate records of payments and communicated any delays to relevant parties
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Q2. Tell us some of your key career highlights?
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Q3. Why you want to Join Reliance?
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Q4. Tell us about your current profile in detail
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