Reliance Retail Executive Accountant Interview Questions and Answers

Q1. Tell me about your self
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Q2. Why do you want to join
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Vlookup formula and other accounting basic question

Q1. Tell me about your self
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Q2. Why do you wan to join
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Q1. Why you choose accounts
Ans. 
I chose accounts because of my passion for numbers and problem-solving.
• I have always been good with numbers and enjoy working with financial data

• I find satisfaction in solving complex financial puzzles and analyzing trends

• I believe that a strong foundation in accounting is essential for any business or organization

• I enjoy the challenge of balancing budgets and optimizing financial performance
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Q2. What is golden accounts
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Golden accounts refer to high-value accounts that are considered prestigious or important within a company's financial records.
• Golden accounts typically include accounts with large balances, significant transactions, or high-profile clients.

• These accounts may require special attention from the executive accountant due to their importance to the company.

• Examples of golden accounts could include accounts held by major in
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Q1. Bank conciliation ?
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Q2. What is petty cash ?
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Petty cash is a small amount of cash kept on hand for minor expenses.
• Petty cash is used for small, everyday expenses that are impractical to pay for with a check or credit card.

• It is typically kept in a secure location, such as a locked box or drawer.

• A designated person is responsible for managing and replenishing the petty cash fund.

• Examples of petty cash expenses include office supplies, postage, and minor repairs.
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Q1. Family background
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Q2. Any where you go on job location
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Q1. What is realty industry
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The realty industry involves the buying, selling, and leasing of land and properties, encompassing residential, commercial, and industrial sectors.
• Includes residential real estate, such as single-family homes and apartments.

• Covers commercial properties like office buildings, retail spaces, and warehouses.

• Involves real estate investment trusts (REITs) for investment opportunities.

• Real estate agents and brokers facilitat...read more
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Q2. Tell about self
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I am a detail-oriented Accounts Executive with a passion for numbers and a strong background in financial analysis and client relations.
• I have over 5 years of experience in accounting and finance, working with diverse clients to manage their financial records.

• In my previous role, I successfully reduced discrepancies in financial reports by implementing a new auditing process.

• I am proficient in accounting software like ...read more
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Q1. Previous employment experience and knowledge,
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Q2. Accounts basic questions
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Q1. What you choose this company
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Q1. Difference between profit and loss account and statement of financial account
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Profit and loss account shows the company's revenues and expenses over a period, while the statement of financial position shows the company's assets, liabilities, and equity at a specific point in time.
• Profit and loss account summarizes the company's revenues and expenses, resulting in the net profit or loss for a specific period.

• Statement of financial position (balance sheet) shows the company's assets, liabilities, ...read more
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Q1. What are your salary expectations?
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Q2. What is your family background?
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Q3. Tell me about yourself.
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Q1. Where do you see yourself in 5 years?
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Q2. What are your salary expectations?
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