Siemens Internal Auditor Interview Questions and Answers

Q1. Journal Entry about accruals depreciation
Ans. 
Accruals depreciation journal entry involves recording the gradual decrease in value of assets over time.
• Accruals depreciation is a non-cash expense that reflects the decrease in value of assets over time.

• It is recorded as an adjusting entry in the general ledger to match expenses with revenues.

• The journal entry typically involves debiting Depreciation Expense and crediting Accumulated Depreciation.

• Accruals depreciatio...read more
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Q2. Scenario based questions
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Q1. About behaviour
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Q2. Scenario based questions
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Q1. What are your salary expectations?
Ans. 
I am open to discussing salary based on the responsibilities and requirements of the position.
• Focus on the value you can bring to the company rather than a specific number

• Research the average salary range for similar positions in the industry and location

• Consider your experience, skills, and qualifications when determining your salary expectations
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Q2. Share details of your previous job.
Ans. 
I worked as a Financial Analyst at XYZ Company.
• Analyzed financial data and prepared reports for management.

• Conducted financial forecasting and budgeting.

• Performed variance analysis to identify trends and make recommendations.

• Assisted in the development of financial models and projections.

• Collaborated with cross-functional teams to support decision-making.

• Presented findings and recommendations to senior management.

• Utili...read more
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Q3. Why should we hire you?
Ans. 
I have the necessary skills, experience, and passion to excel in this role.
• I have a strong analytical mindset and attention to detail.

• I have a solid understanding of data analysis techniques and tools.

• I have successfully completed several projects where I provided valuable insights through data analysis.

• I am a quick learner and adapt well to new technologies and methodologies.

• I have excellent communication and presenta...read more
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Q4. Where do you see yourself in 5 years?
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In 5 years, I see myself as a senior analyst leading a team and driving strategic decision-making.
• Leading a team of analysts

• Driving strategic decision-making

• Continuously learning and staying updated with industry trends

• Building strong relationships with clients and stakeholders

• Contributing to the growth and success of the organization
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Q5. Tell me about yourself.
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I am an experienced analyst with a strong background in data analysis and problem-solving.
• Experienced analyst with expertise in data analysis and problem-solving

• Proficient in using analytical tools and software

• Strong communication and presentation skills

• Ability to work independently and in a team

• Proven track record of delivering accurate and actionable insights

• Example: In my previous role as a financial analyst, I cond...read more
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Q1. Manager round... Process related questions.
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Q1. Give a brief introduction about yourself.
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Q1. Tell me your 3 strengths and weaknesses.
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Q2. Tell me your 3 achievements in your last job.
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Q1. Previous experience
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Q2. Domain related questions
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Q3. 2way 3way match
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Q4. P2P cycle process
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Q5. Journal entries
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Q1. Basic hr questions were asked.
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Guesstimates were given

Q1. Technical job related stuff was asked.
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Q1. No Relevant questions asked
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Q1. Irrelevant questions asked
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Q1. Salary expections
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Q1. Intoduce yourself
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I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
• Experienced in data analysis and interpretation

• Skilled in problem-solving and critical thinking

• Proficient in using analytical tools such as Excel and SQL
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Q2. Previous Work related
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Q3. Company profile
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Q4. Energy Sector Related
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Q5. Finance related
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Q1. Java migration process in organisation
Ans. 
Java migration process involves planning, testing, and implementation of moving Java applications to newer versions or platforms.
• Assess current Java applications and dependencies

• Create a migration plan with timelines and resources

• Test migrated applications for compatibility and performance

• Implement migration in phases to minimize disruptions

• Train staff on new Java versions and best practices
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Q2. How to analyse the java usages in organisation
Ans. 
Analyzing Java usages in an organization involves identifying where and how Java is being used.
• Identify all applications and systems using Java within the organization.

• Analyze the codebase of these applications to determine the extent of Java usage.

• Track the performance and maintenance of Java-based applications.

• Consider conducting surveys or interviews with developers to gather insights on Java usage.

• Utilize tools lik...read more
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