AKB Group Interview Questions and Answers

Quality management systems and standards ensure consistent quality in products and services.

• Quality management systems are frameworks that help organizations ensure consistent quality in their products and services.

• Standards like ISO 9001 provide guidelines for implementing quality management systems.

• Quality management systems involve processes like quality planning, control, assurance, and improvement.

• They focus on customer satisfaction, continuous improvement, and complianc...read more

Common financial metrics used to evaluate company performance include revenue growth, profit margin, return on investment, and debt-to-equity ratio.

• Revenue growth: Measures the increase in a company's sales over a specific period of time.

• Profit margin: Indicates the percentage of revenue that remains as profit after all expenses have been deducted.

• Return on investment (ROI): Evaluates the efficiency of an investment by comparing the gain from the investment to the cost of the...read more

I have extensive experience in auditing and compliance, ensuring adherence to regulations and identifying areas for improvement.

• Led internal audits to assess compliance with company policies and procedures

• Implemented corrective actions to address non-compliance issues

• Maintained up-to-date knowledge of relevant laws and regulations

• Collaborated with cross-functional teams to ensure compliance with industry standards

• Prepared reports detailing audit findings and recommendations

I have over 5 years of experience in managing accounts for FMCG companies, including budgeting, forecasting, and financial analysis.

• Managed accounts payable and receivable for a leading FMCG company

• Prepared monthly financial reports and analyzed variances to budget

• Implemented cost-saving measures resulting in a 10% reduction in expenses

• Collaborated with cross-functional teams to streamline financial processes

I have extensive experience in project management and monitoring of PR execution.

• Developing PR strategies and campaigns

• Creating project timelines and budgets

• Coordinating with internal teams and external vendors

• Monitoring PR activities and analyzing results

• Adjusting strategies based on performance metrics

GST reconciliation is the process of matching the data between the company's financial records and the GST returns filed with the government.

• GST reconciliation involves comparing the sales and purchase data in the financial records with the GST returns filed to ensure accuracy.

• It helps in identifying any discrepancies or errors in the GST returns and rectifying them before filing the returns.

• Reconciliation also involves matching the input tax credit claimed with the taxes pai...read more

Inventory refers to the list of goods and materials held available in stock by a business.

• Inventory includes raw materials, work-in-progress, and finished goods.

• It is important for a store incharge to maintain accurate inventory levels to meet customer demand.

• Inventory management involves tracking stock levels, ordering new items, and minimizing excess inventory.

• Examples of inventory management tools include barcode scanners, inventory software, and RFID tags.