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Ronak Healthcare Finance & Accounts Officer Interview Questions and Answers
Ronak Healthcare Finance & Accounts Officer Interview Experiences
1 interview found
Anonymous
I applied via Naukri.com and was interviewed in Mar 2021. There was 1 interview round.
Interview Questionnaire
4 Questions
- Q1. Can you handle company Accounts independently?
- Ans.
Yes, I have extensive experience in handling company accounts independently.
I have worked as a Finance and Accounts Manager for 5 years, where I was responsible for managing the entire accounting process independently.
I have experience in preparing financial statements, managing accounts payable and receivable, and reconciling bank statements.
I am proficient in using accounting software such as QuickBooks and Xero.
I am...
- Q2. Which documentation you can prepare for the Export?
- Ans.
Various documents can be prepared for export including commercial invoice, packing list, bill of lading, certificate of origin, and insurance certificate.
Commercial invoice: contains details of the goods being exported, their value, and the terms of sale
Packing list: lists the contents of each package being shipped
Bill of lading: serves as a receipt for the goods being shipped and a contract between the shipper and car...
- Q3. How you can handle the Accounts Payables? which system would you adopt to pay smoothly as per the terms?
- Ans.
To handle Accounts Payables smoothly, I would adopt a system of regular communication with vendors and timely payments as per the terms.
Regularly communicate with vendors to ensure accurate and timely invoicing
Maintain a detailed record of all invoices and payments
Prioritize payments based on due dates and available funds
Negotiate payment terms with vendors to ensure smooth cash flow
Implement an automated payment syste...
- Q4. In how much turn over had you worked with?
Interview Preparation Tips
Be ready to work for the long time.
I faced 4 rounds and then selected, so be confident when you answer any question and be skillfull in your applied post.
Top trending discussions
Interview questions from similar companies
(2 Questions)
- Q1. Deferred tax liability , practical use, how do we calculate
- Q2. Swap in simple terms, dividend growth model
(5 Questions)
- Q1. Explain budgeting
- Ans.
Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.
Involves estimating income and expenses
Setting financial goals
Monitoring actual performance against the budget
Adjusting the budget as needed
Common types include operating budgets, capital budgets, and cash budgets
- Q2. Explain forecasting
- Ans.
Forecasting is the process of making predictions about future trends based on past and present data.
Forecasting involves analyzing historical data to identify patterns and trends
Different methods such as qualitative and quantitative analysis can be used for forecasting
Common techniques include time series analysis, regression analysis, and econometric modeling
Forecasting helps businesses make informed decisions and pla...
- Q3. Explain revenue recognition
- Ans.
Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.
Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.
It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.
Different industries may have specific guidelines for revenue recog...
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
- Ans.
Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.
Assets are recognized in the balance sheet to show the company's resources and their value.
Depreciation is recorded to allocate the cost of assets over their useful life.
Recognizing assets and depreciating them helps in accurately reflecting ...
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
Interview Preparation Tips
Skills evaluated in this interview
(2 Questions)
- Q1. Self introduction
- Q2. What is finance
- Ans.
Finance is the management of money and other assets, including investments, budgeting, and financial planning.
Finance involves managing money and assets to achieve financial goals.
It includes activities such as budgeting, investing, and financial planning.
Finance helps individuals and organizations make informed financial decisions.
Examples of finance include managing a company's cash flow, investing in stocks and bond
(2 Questions)
- Q1. What do you know about ICICI sales
- Ans.
ICICI sales refers to the sales activities and strategies of ICICI Bank, one of the largest private sector banks in India.
ICICI Bank offers a wide range of financial products and services to individual and corporate customers.
The bank utilizes various channels such as branches, online platforms, and mobile apps to drive sales.
ICICI Bank often runs promotional campaigns and offers discounts to attract new customers and ...
- Q2. What do you know about your local area
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.
Its related to accounting concepts
(1 Question)
- Q1. Anything can related to accounts
Kirti Ranjan Das
Selected
I applied via Company Website and was interviewed in Oct 2023. There were 7 interview rounds.
Concentrate on the questions and answer accordingly. I am sure it can be cracked within the time limit
(1 Question)
- Q1. It was an operational round completely based on experience and a situation that you have experience and how you have tackeled it and was there any other way it can be tackled.
(1 Question)
- Q1. It was also an operational round and the questions were around the improvement idea's, lean ideas and implementation of those ideas in the process that I am working.
(1 Question)
- Q1. It was also an operational round where the questions were acound issues and problems in the transition process. How the improvement ideas have helped in increasing productivity, reducing manual efforts and...
(1 Question)
- Q1. It was also an operational round in which the questions were basically around how to improve quality of work and implement ideas for a target driven process.
(1 Question)
- Q1. This was also an operational round but the questions were more around ensuring quality of work, ensuring one time resolutions and what are the different ways to achieve these with the experience you carry,...
Interview Preparation Tips
Ex- When you have started what was the number and post adding your ideas and experiences how the number has changed and as a process owner how you were able to track the change.
Like you can say when I started the profit was 10% but it grow upto 15%, you should have a valid example and you ahould be able to justify your answer with the data points in your current job.
s n harish
(2 Questions)
- Q1. Tell me about yourself
- Ans.
Experienced finance executive with a strong background in financial analysis and strategic planning.
Over 10 years of experience in finance roles
Expertise in financial modeling and forecasting
Proven track record of driving profitability and growth
Strong leadership and communication skills
Previously worked as a Finance Manager at XYZ Company
- Q2. What is accounting
- Ans.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
Accounting involves recording financial transactions such as sales, purchases, and expenses.
It includes summarizing the financial data into financial statements like balance sheets and income statements.
Accounting also involves analyzing the financial information to provide insights for decision-making.
Rep...
It represents a person's level of competency to perform a certain type of task. Aptitude tests are often used to assess academic potential or career suitability and may be used to assess either mental or physical talent in a variety Domains
(4 Questions)
- Q1. Asking many questions like introduction
- Q2. What is your Qualification
- Q3. Related to our qualification background
- Q4. Our skills and knowledge cheking
Involve working through a business problem or scenario with the interviewer to reach a logical conclusion.
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