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Somish - Blockchain Solutions Senior Executive Finance & Accounts Interview Questions and Answers

Updated 16 Oct 2023

Somish - Blockchain Solutions Senior Executive Finance & Accounts Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed before Oct 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Asked regarding payment process and Bills receivable process.
  • Q2. Asked about taxation

Interview questions from similar companies

I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed in Apr 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Logical and reasoning test with various diagrams and guessing the last image in the sequence. Grammar test.

Round 3 - HR 

(2 Questions)

  • Q1. Introduce yourself, take me through your resume, family background
  • Q2. How would you analyse a company, current affairs

Interview Preparation Tips

Topics to prepare for LTIMindtree Senior Executive Finance & Accounts interview:
  • Finance
  • Taxation
  • Accounts
  • Investments
Interview preparation tips for other job seekers - Be prepared for current affairs questions
If you've scored good marks in any subject, expect questions on that as well

I applied via Approached by Company and was interviewed in Nov 2021. There was 1 interview round.

Round 1 - Technical 

(4 Questions)

  • Q1. Tell me 5 steps of ind as 115
  • Ans. 

    Ind AS 115 is a revenue recognition standard that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers.

    • Identify the contract with the customer

    • Identify the performance obligations in the contract

    • Determine the transaction price

    • Allocate the transaction price to the performance obligations

    • Recognize revenue when (or as) the entity satisfies a performance o

  • Answered by AI
  • Q2. How the accounting is to be done in ind as 102 shate base payment
  • Ans. 

    Accounting for share-based payments under Ind AS 102

    • Determine the fair value of the share-based payment

    • Recognize the fair value as an expense over the vesting period

    • Create a liability for the fair value of the share-based payment

    • Disclose the details of the share-based payment in the financial statements

  • Answered by AI
  • Q3. What is difference between ind as 116 and as 16
  • Ans. 

    Ind AS 116 is the Indian version of IFRS 16, while AS 16 is the old Indian accounting standard for leases.

    • Ind AS 116 is effective from April 1, 2019, while AS 16 was effective from April 1, 2001.

    • Ind AS 116 requires lessees to recognize most leases on their balance sheet, while AS 16 only required finance leases to be recognized on the balance sheet.

    • Ind AS 116 eliminates the distinction between operating and finance lea...

  • Answered by AI
  • Q4. Difference between fair value and intric value
  • Ans. 

    Fair value is the estimated worth of an asset or liability, while intrinsic value is the true underlying value of an asset or liability.

    • Fair value is determined based on market prices or valuation techniques, while intrinsic value is calculated based on fundamental analysis.

    • Fair value is used for financial reporting and accounting purposes, while intrinsic value is used for investment decision-making.

    • Fair value can flu...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Always stay confident and you should prepare basic question related to ind as

Interview Preparation Tips

Round: Test
Experience: I was asked a few questions regarding Excel ... Vlookup, sumif, pivot table, calculate ageing by today date, sumproduct etc

Round: Test
Experience: I was given an agreement & a question paper, I needed to read the agreement & solved the questions given on question paper .

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(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

  • Answered by AI
Round 2 - One-on-one 

(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 ...

  • Answered by AI
  • Q2. What do you know about your local area

Interview Preparation Tips

Interview preparation tips for other job seekers - Online
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Aug 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Working experience communication skills
  • Q2. Finance accounts marketing before question interview
  • Q3. Digital experience
Round 3 - HR 

(2 Questions)

  • Q1. Marketing finance information technology human rescoures
  • Q2. Questions answers good company

Interview Preparation Tips

Topics to prepare for Tech Mahindra Finance Manager interview:
  • Finance
Interview preparation tips for other job seekers - Hard work
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Tell me about P2P process
  • Ans. 

    P2P process refers to procure-to-pay process which involves all steps from purchasing goods/services to making payment.

    • P2P process starts with requisitioning of goods/services by a department.

    • Next step involves obtaining quotes, selecting a vendor, and creating a purchase order.

    • Goods/services are received, invoices are matched with purchase orders, and payments are made.

    • P2P process helps in streamlining procurement and...

  • Answered by AI
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Aptitude Test 

By giving a options to the relevant questions and give a much time to answer

Round 3 - HR 

(1 Question)

  • Q1. Tell me about the company Tell me what you have learnt in the academic
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at Indian Institute of Technology (IIT), Kanpur and was interviewed before Apr 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - Aptitude Test 

Basic Aptitude test with Quants, Reasoning, and reading comprehension with 30 questions each

Round 3 - Coding Test 

Very Basic Level, three questions like finding whether a number is prime or not and adding two numbers

Round 4 - One-on-one 

(5 Questions)

  • Q1. Introduce yourself
  • Ans. 

    I am a financial analyst with expertise in financial planning, analysis, and reporting.

    • I have a Bachelor's degree in Finance and have been working in the finance industry for 5 years.

    • I have experience in budgeting, forecasting, and financial modeling.

    • I am skilled in using financial software and tools such as Excel, SAP, and Tableau.

    • I have a strong attention to detail and can analyze complex financial data to provide in...

  • Answered by AI
  • Q2. Why do you want to join this job with an engineering background
  • Ans. 

    I believe my engineering background provides me with a unique perspective and skill set that can be valuable in the financial analyst role.

    • My engineering background has equipped me with strong analytical and problem-solving skills, which are essential in financial analysis.

    • I have a solid foundation in mathematics and statistics, which are crucial for analyzing financial data and making accurate projections.

    • Engineering ...

  • Answered by AI
  • Q3. You don't have any foundation in finance. How will you cope?
  • Ans. 

    I will cope by leveraging my strong analytical skills and willingness to learn.

    • I have a strong background in quantitative analysis, which is applicable to finance.

    • I am a quick learner and have a track record of quickly grasping complex concepts.

    • I am willing to invest time and effort in self-study and taking relevant courses.

    • I will seek guidance and mentorship from experienced finance professionals.

    • I will leverage my pr...

  • Answered by AI
  • Q4. What did you learn from your engineering years
  • Ans. 

    During my engineering years, I learned problem-solving skills, analytical thinking, and attention to detail.

    • Developed strong problem-solving skills through complex engineering projects

    • Enhanced analytical thinking by analyzing data and making informed decisions

    • Learned to pay attention to detail to ensure accuracy and precision in engineering designs

    • Gained experience in working collaboratively in teams to achieve project

  • Answered by AI
  • Q5. Do you know basic-level Excel
  • Ans. 

    Yes, I have basic-level Excel knowledge.

    • I am proficient in basic Excel functions such as data entry, formatting, and basic formulas.

    • I can create and edit spreadsheets, charts, and graphs.

    • I have experience with functions such as SUM, AVERAGE, and IF statements.

    • I am familiar with Excel shortcuts and can work efficiently with the software.

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Capgemini Financial Analyst interview:
  • Resume

Skills evaluated in this interview

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Do not use an unprofessional email address such as cool_boy@email.com. It shows a lack of professionalism by the candidate.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Tell me about your self
Round 3 - Technical 

(1 Question)

  • Q1. Tell us know the finance related

Interview Preparation Tips

Interview preparation tips for other job seekers - Tell us the job related question and tell me about your bck ground

Somish - Blockchain Solutions Interview FAQs

How many rounds are there in Somish - Blockchain Solutions Senior Executive Finance & Accounts interview?
Somish - Blockchain Solutions interview process usually has 2 rounds. The most common rounds in the Somish - Blockchain Solutions interview process are Resume Shortlist and One-on-one Round.
What are the top questions asked in Somish - Blockchain Solutions Senior Executive Finance & Accounts interview?

Some of the top questions asked at the Somish - Blockchain Solutions Senior Executive Finance & Accounts interview -

  1. Asked regarding payment process and Bills receivable proce...read more
  2. Asked about taxat...read more

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Somish - Blockchain Solutions Senior Executive Finance & Accounts Interview Process

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Interview experience

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