Upload Button Icon Add office photos

Filter interviews by

Sterling Oil Exploration & Energy Production Accountant Trainee Interview Questions and Answers

Updated 26 Apr 2023

Sterling Oil Exploration & Energy Production Accountant Trainee Interview Experiences

1 interview found

Accountant Trainee Interview Questions & Answers

user image Nitesh Karamchandani

posted on 26 Apr 2023

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
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. Rules of accounting
  • Ans. 

    Rules of accounting refer to the principles and guidelines that govern the recording, reporting, and analysis of financial transactions.

    • The rules of accounting include the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)

    • These rules ensure consistency and accuracy in financial reporting

    • Examples of rules include the matching principle, revenue recognition principle, a...

  • Answered by AI
  • Q2. Financial reporting

Interview questions from similar companies

I applied via Approached by Company and was interviewed in 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 - HR 

(3 Questions)

  • Q1. How many years experience ?
  • Q2. What is your salary expectations?
  • Q3. How many days is required to join the Company?

Interview Preparation Tips

Interview preparation tips for other job seekers - I will give my 100 percent if I get chance to work in this organization.
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Mar 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Aptitude test was to the point

Round 2 - Technical 

(1 Question)

  • Q1. Asked questions on IFRS concepts

I applied via Recruitment Consulltant and was interviewed in Dec 2021. There was 1 interview round.

Round 1 - HR 

(7 Questions)

  • Q1. Self introduction and company regarding information.
  • Q2. Personal introduction and work experience
  • Q3. Process knowledge on SAP and Oracle.
  • Q4. I can join immediately.
  • Q5. Package will be near by 4.5 To 5.00 Lakh.
  • Q6. Meaning of Process to procurement
  • Ans. 

    Process to procurement refers to the steps involved in acquiring goods or services for an organization.

    • It involves identifying the need for a product or service

    • Creating a request for proposal (RFP) or request for quotation (RFQ)

    • Evaluating proposals and selecting a vendor

    • Negotiating terms and finalizing the contract

    • Managing the relationship with the vendor and monitoring performance

    • Re-evaluating the procurement process ...

  • Answered by AI
  • Q7. Besic Account types and Rule.
  • Ans. 

    Basic account types include checking, savings, and money market accounts with specific rules for each.

    • Checking accounts are used for everyday transactions and typically have no interest but may have fees.

    • Savings accounts are used for long-term savings and earn interest but may have limits on withdrawals.

    • Money market accounts are a hybrid of checking and savings accounts, offering higher interest rates but with limited ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I was work there on 6 month contract on EY payroll.

I applied via Recruitment Consultant and was interviewed in Mar 2021. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Are you ready to work 10 Hours per day
  • Ans. 

    Yes, I am ready to work 10 hours per day.

    • I am committed to putting in the necessary hours to ensure accurate financial reporting.

    • I understand that the role of an accountant often requires long hours during busy periods.

    • I have experience working extended hours during month-end and year-end close processes.

    • I am dedicated to meeting deadlines and delivering high-quality work, even if it means working extra hours.

  • Answered by AI
  • Q2. Are you ready to work from Monday to Saturday
  • Ans. 

    Yes, I am ready to work from Monday to Saturday.

    • I am available to work the standard five-day workweek, including Saturdays.

    • I understand the importance of maintaining a consistent work schedule in the accounting field.

    • I am committed to meeting deadlines and completing tasks within the designated work hours.

    • I am flexible and willing to put in extra hours if required during busy periods.

    • I have prior experience working on

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - See first of all Management is very very poor, when i have visited first time i almost wasted my whole day seating for interview than @ 8 pm they took my interview & i cleared 1st round than they called me after 3 days for 2nd round in which same thing happen i almost wasted my half day in it & cleared 2nd round, than they called me again after 2 day where there CMD was not available which is why they told me to go home again & on 4th visit they took almost 1 week for final decision & what i got the answer was "We have keep you on hold still we are in process of Interview" after checking my background references n all, so just want to reveal that they almost wasted my 3 weeks in procedure of Interview & given like that answer which was really very Bad experience. So please don't even think about this company because they is no future, 10 hours working where i have never seen in my life, also Mon to Saturday Working, No Paid & Casual Leaves were offered & Mainly important Salary is very low as compare to Designation Etc.

Interview Questionnaire 

2 Questions

  • Q1. How you will boost the sales
  • Ans. 

    I will boost sales by implementing targeted marketing strategies and improving customer experience.

    • Conduct market research to identify target audience and their needs

    • Develop personalized marketing campaigns to reach target audience

    • Improve customer experience through better communication and service

    • Offer promotions and discounts to attract new customers and retain existing ones

    • Collaborate with sales team to identify new

  • Answered by AI
  • Q2. How you will reduce the cost of the product
  • Ans. 

    I will reduce the cost of the product by optimizing the production process and sourcing cheaper raw materials.

    • Analyze the production process to identify inefficiencies and eliminate waste

    • Negotiate with suppliers to get better prices for raw materials

    • Explore alternative materials that are cheaper but still meet quality standards

    • Implement cost-saving measures such as energy-efficient equipment and automation

    • Consider outs...

  • Answered by AI

Sterling Oil Exploration & Energy Production Interview FAQs

How many rounds are there in Sterling Oil Exploration & Energy Production Accountant Trainee interview?
Sterling Oil Exploration & Energy Production interview process usually has 2 rounds. The most common rounds in the Sterling Oil Exploration & Energy Production interview process are Resume Shortlist and One-on-one Round.
What are the top questions asked in Sterling Oil Exploration & Energy Production Accountant Trainee interview?

Some of the top questions asked at the Sterling Oil Exploration & Energy Production Accountant Trainee interview -

  1. Rules of account...read more
  2. Financial report...read more

Tell us how to improve this page.

Sterling Oil Exploration & Energy Production Accountant Trainee Interview Process

based on 1 interview

Interview experience

4
  
Good
View more

Interview Questions from Similar Companies

Adani Group Interview Questions
3.9
 • 176 Interviews
Tata Power Interview Questions
3.9
 • 160 Interviews
Bharat Petroleum Interview Questions
4.2
 • 153 Interviews
Schlumberger Interview Questions
4.0
 • 136 Interviews
Nayara Energy Interview Questions
4.2
 • 79 Interviews
GAIL Interview Questions
4.5
 • 78 Interviews
View all

Fast track your campus placements

View all
Store Officer
23 salaries
unlock blur

₹8 L/yr - ₹15.6 L/yr

Instrument Engineer
17 salaries
unlock blur

₹8.5 L/yr - ₹28 L/yr

Buyer
15 salaries
unlock blur

₹6 L/yr - ₹18 L/yr

Project Engineer
14 salaries
unlock blur

₹8.6 L/yr - ₹22.5 L/yr

Base Manager
13 salaries
unlock blur

₹12 L/yr - ₹36 L/yr

Explore more salaries
Compare Sterling Oil Exploration & Energy Production with

Reliance Industries

4.0
Compare

Cairn Energy

4.0
Compare

Oil And Natural Gas Corporation

4.4
Compare

Nayara Energy

4.2
Compare
Did you find this page helpful?
Yes No
write
Share an Interview