Strategy& Senior Associate Interview Questions and Answers

They asked only basic Accounting related que & ans.

Q1. Explain th P to P cycle
Ans. 
The P to P cycle refers to the Procure to Pay cycle, which is the process of obtaining and paying for goods and services.
• The cycle starts with the need for a product or service, followed by the selection of a supplier.

• Next, a purchase order is created and sent to the supplier.

• Upon receiving the goods or services, an invoice is generated and sent to the buyer for payment.

• Finally, the buyer processes the payment to the s...read more
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Q2. Explain 2,3 way invoie matching process
Ans. 
Invoice matching process involves comparing purchase orders, invoices, and receiving reports to ensure accuracy.
• 1. Match the invoice to the purchase order to ensure the correct items and quantities were billed.

• 2. Match the invoice to the receiving report to confirm that the goods were received as stated on the invoice.

• 3. Resolve any discrepancies between the three documents to ensure accurate payment.

• Example: If a comp...read more
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Q1. What is reconciliation
Ans. 
Reconciliation is the act of restoring harmony or agreement between parties who were previously in conflict or disagreement.
• Reconciliation involves acknowledging past wrongs or misunderstandings

• It requires open communication and a willingness to forgive

• Reconciliation often involves compromise and finding common ground

• Examples include reconciling with a friend after an argument or reconciling financial records to ensure
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Q2. What options why it is used
Ans. 
Options are used to provide choices or alternatives in decision-making processes.
• Options help in making informed decisions by considering different possibilities

• They allow for flexibility and adaptability in changing circumstances

• Options can be used in negotiations to reach a mutually beneficial agreement
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Q1. Puzzle guesstimate sql problem solving
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Q2. Sql , resume, problem solving
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Q1. Why you want to join in kpmg
Ans. 
I want to join KPMG because of its reputation for excellence in the industry and the opportunity to work with talented professionals.
• KPMG is known for its high standards and quality of work

• I am impressed by the diverse range of clients KPMG serves

• I am excited about the opportunity to collaborate with experienced professionals in the field
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Q2. Tell me about your earlier experience
Ans. 
I have over 5 years of experience in financial analysis and project management at a Fortune 500 company.
• Managed financial analysis for multiple projects, ensuring accurate budgeting and forecasting

• Led cross-functional teams to successfully implement cost-saving initiatives

• Developed comprehensive financial reports and presentations for senior leadership

• Collaborated with external auditors to ensure compliance with regula
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Q3. How youre going to manage work if resource is on sudden leave
Ans. 
I will prioritize tasks, delegate responsibilities, and ensure clear communication with team members to manage work effectively.
• Prioritize tasks based on urgency and importance

• Delegate responsibilities to team members with relevant skills

• Ensure clear communication with team members about the situation and any changes in workload

• Adjust timelines and deadlines as needed to accommodate the absence
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Q1. Tell me about yourself
Ans. 
Experienced Senior Associate with a background in finance and project management.
• Over 5 years of experience in finance and project management

• Strong analytical skills and attention to detail

• Proven track record of successfully leading teams and delivering results

• Proficient in financial analysis and reporting

• Excellent communication and interpersonal skills
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Q2. What is fundamental analysis
Ans. 
Fundamental analysis is a method of evaluating a security by analyzing the financial and economic factors that influence its value.
• Involves analyzing financial statements, earnings reports, market trends, and economic indicators

• Focuses on determining the intrinsic value of a security

• Helps investors make informed decisions based on the underlying fundamentals of a company

• Contrasts with technical analysis which focuses o
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Badhiya tha but selection nahi hua

Badhiya tha but selection nahi hua bro

Q1. Why do you want to apply for this role?
Ans. 
I am excited about the opportunity to utilize my skills and experience to contribute to the success of the team and organization.
• I have a strong background in [specific area relevant to the role]

• I am passionate about [specific aspect of the role]

• I believe my experience and expertise align well with the requirements of the position
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Q2. What's your best trait for the role?
Ans. 
My best trait for the role is my strong analytical skills and attention to detail.
• Strong analytical skills help me to effectively analyze complex data and make informed decisions.

• Attention to detail ensures that I produce high-quality work with minimal errors.

• Ability to prioritize tasks and meet deadlines consistently.
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Estimate the revenue of a 5 star resort in Goa

Q1. One and one with manager about process
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Q2. Self introduction
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Q3. RCM based question
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Q4. Flexibility of job worked
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Q1. Salary discussion
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Q1. Why chose our firm KPMG?
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Q1. Why was there a need to bring CARO 2020 when CARO 2016 was already there.
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