TE Connectivity Financial Analyst Interview Questions and Answers for Experienced

Q1. Tell me about yourself
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Basic accounting questions and english

Q1. Golden rules of accounting and its concepts
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified.

• For example, when a company receives cash from a c...read more
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Q2. What is mean by budgeting and forecasting
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Budgeting involves setting financial goals and creating a plan to achieve them, while forecasting involves predicting future financial outcomes.
• Budgeting is the process of creating a detailed plan for how to spend money or allocate resources over a specific period of time.

• Forecasting involves predicting future financial outcomes based on historical data, trends, and other factors.

• Budgeting helps organizations to plan a...read more
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Q3. Tell about yourself and family background
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Q4. What would be next 5 years in the carrier
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Q1. What would be your expected salary
Ans. 
I would expect a salary that is competitive with industry standards and reflects my qualifications and experience.
• Research industry salary benchmarks for financial analysts

• Consider my qualifications, experience, and the responsibilities of the role

• Negotiate based on the value I can bring to the company

• Be open to discussing benefits and other forms of compensation
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Q2. Are you Okay with any shifts ?
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Q1. Brief me about the Material Management process
Ans. 
Material management process involves planning, organizing, and controlling the flow of materials from acquisition to consumption.
• Includes procurement, storage, inventory control, and distribution of materials

• Ensures timely availability of materials while minimizing costs

• Involves forecasting demand, monitoring inventory levels, and optimizing supply chain

• Example: Just-in-time inventory management system
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Q2. Brief me about the Invoice process
Ans. 
The invoice process involves generating and sending bills for goods or services provided to customers.
• Invoices are typically created using accounting software or templates.

• They include details such as the products or services provided, quantities, prices, and payment terms.

• Invoices are sent to customers either electronically or by mail.

• Customers are expected to pay the invoice within a specified timeframe.

• Late payments
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Q1. Brief me about the invoice process
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The invoice process involves creating, sending, and tracking invoices for goods or services provided.
• Invoices are typically generated by the seller and sent to the buyer for payment.

• They include details such as the products or services provided, quantities, prices, and payment terms.

• Invoices may be sent via mail, email, or through online invoicing platforms.

• Tracking invoices involves monitoring payment status, followin...read more
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Q2. Brief me about Material Mgmt Process
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Material management process involves planning, organizing, and controlling the flow of materials from acquisition to disposal.
• Includes procurement, inventory management, storage, and distribution

• Ensures timely availability of materials while minimizing costs

• Utilizes tools like ERP systems for efficient tracking and management

• Example: Just-in-time inventory system in manufacturing
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Quite easy to crack, Baics maths, Logical reasoning and english

Q1. Basic Excel based questions
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Q2. Procurement based questions
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Basic of Finance and Accounting. English

Q1. Basic of Finance, Accounting, Golden rules
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Q1. Intro about u ?
Ans. 
I am a highly motivated and detail-oriented analyst with a strong background in data analysis and problem-solving.
• Strong background in data analysis

• Highly motivated and detail-oriented

• Skilled in problem-solving
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Q2. What are your strengths ?
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My strengths include strong analytical skills, attention to detail, and the ability to work well under pressure.
• Strong analytical skills - able to interpret data and draw meaningful conclusions

• Attention to detail - meticulous in reviewing and analyzing information

• Ability to work well under pressure - can prioritize tasks effectively and meet deadlines
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