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Thermax Limited Senior Executive - Finance Interview Questions, Process, and Tips

Updated 12 Dec 2024

Thermax Limited Senior Executive - Finance Interview Experiences

1 interview found

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Dec 2023. There were 2 interview rounds.

Round 1 - One-on-one 

(5 Questions)

  • Q1. Can you provide an overview of your background and experiences?
  • Ans. 

    I have over 15 years of experience in finance, including roles in financial planning, analysis, and management.

    • 15+ years of experience in finance

    • Strong background in financial planning and analysis

    • Proven track record in financial management

    • Experience in leading finance teams

    • Proficient in financial reporting and budgeting

  • Answered by AI
  • Q2. Can you provide information about your family background?
  • Ans. 

    I come from a close-knit family with a strong financial background.

    • My parents are both successful business owners, instilling in me a strong work ethic and passion for finance.

    • I have siblings who are also in the finance industry, providing a supportive network for career growth.

    • Family gatherings often involve discussions about investments, market trends, and financial planning.

  • Answered by AI
  • Q3. What is Ind AS 115 and how does it apply to financial reporting? Explain 5 step?
  • Ans. 

    Ind AS 115 is a new revenue recognition standard that impacts how revenue is recognized in financial statements.

    • Ind AS 115 is based on the core principle that revenue should be recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled.

    • The standard outlines a 5-step model for recognizing revenue: identify the contr...

  • Answered by AI
  • Q4. What is the treatment of leases under Ind AS 116?
  • Ans. 

    Under Ind AS 116, leases are recognized as right-of-use assets and lease liabilities on the balance sheet.

    • Leases are classified as finance leases or operating leases based on specific criteria.

    • For finance leases, the lessee recognizes a right-of-use asset and a lease liability on the balance sheet.

    • For operating leases, the lessee recognizes a right-of-use asset and a corresponding liability on the balance sheet.

    • Lease p...

  • Answered by AI
  • Q5. How do you define success?
  • Ans. 

    Success is achieving goals and fulfilling one's potential through hard work and determination.

    • Success is not just about reaching a specific goal, but also about personal growth and development.

    • It involves setting clear objectives and working towards them with dedication and perseverance.

    • Success can be measured by the impact one has on others, the relationships they build, and the legacy they leave behind.

    • It is importan...

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

(4 Questions)

  • Q1. Can you tell me about yourself?
  • Ans. 

    Experienced finance professional with a strong track record in strategic financial planning and analysis.

    • Over 10 years of experience in finance roles, including financial planning, budgeting, and forecasting.

    • Led cross-functional teams to drive cost-saving initiatives and improve financial performance.

    • Expertise in financial modeling, risk management, and investment analysis.

    • Strong communication skills and ability to pre...

  • Answered by AI
  • Q2. What are the differences between deferred revenue, unearned revenue, and unbilled revenue?
  • Ans. 

    Deferred revenue is revenue received in advance but not yet earned, unearned revenue is revenue received in advance and earned but not yet recognized, and unbilled revenue is revenue recognized but not yet billed.

    • Deferred revenue is revenue received in advance but not yet earned, so it is recorded as a liability until it is earned.

    • Unearned revenue is revenue received in advance and earned but not yet recognized, so it ...

  • Answered by AI
  • Q3. What is the definition of Property, Plant, and Equipment (PPE), how is the cost capitalized, and what does site restoration treatment entail?
  • Ans. 

    PPE refers to tangible assets used in production, cost is capitalized by including purchase price, installation costs, and necessary modifications, site restoration treatment involves returning a property to its original state.

    • Property, Plant, and Equipment (PPE) are tangible assets used in production, such as buildings, machinery, and vehicles.

    • The cost of PPE is capitalized by including the purchase price, installatio...

  • Answered by AI
  • Q4. What are provisions, contingent liabilities, and contingent assets, and can you provide examples of each?
  • Ans. 

    Provisions, contingent liabilities, and contingent assets are financial terms related to potential future events.

    • Provisions are liabilities of uncertain timing or amount, such as warranty provisions or restructuring provisions.

    • Contingent liabilities are potential liabilities that may arise depending on the outcome of a future event, such as pending lawsuits or guarantees on loans.

    • Contingent assets are potential assets ...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Thermax Limited Senior Executive - Finance interview:
  • Ind as
Interview preparation tips for other job seekers - Please prepare all IND AS. Additionally, please provide information about yourself and your past experiences, including the reasons for any gaps in your employment history.

Interview questions from similar companies

I was interviewed before Sep 2016.

Interview Questionnaire 

1 Question

  • Q1. Ocampo, basic electronics and C

Interview Preparation Tips

Round: Test
Duration: 1 hour
Total Questions: 50

Skills: Embedded Systems, C Programming
College Name: Sahyadri college of engineering

Interview Questionnaire 

3 Questions

  • Q1. Why do you want to join the company
  • Ans. 

    I want to join the company because of its innovative projects and strong company culture.

    • I am impressed by the company's track record of successful projects.

    • I believe the company's values align with my own professional goals.

    • I am excited about the opportunity to work with a talented team of professionals.

    • I see great potential for growth and development within the company.

  • Answered by AI
  • Q2. Why should we choose you
  • Ans. 

    I am a dedicated and hardworking individual with relevant skills and experience.

    • I have a strong work ethic and am committed to delivering high-quality results.

    • I have relevant experience and skills that align with the requirements of the position.

    • I am a quick learner and adaptable to new environments.

    • I am passionate about the industry and eager to contribute to the team.

  • Answered by AI
  • Q3. What profile would you like to like to work in
  • Ans. 

    I would like to work in a marketing and communications profile.

    • Experience in creating marketing campaigns

    • Strong communication skills

    • Ability to analyze market trends and consumer behavior

    • Proficiency in social media and digital marketing

    • Collaboration with cross-functional teams

  • Answered by AI

Interview Preparation Tips

College Name: NIT Kurukshetra

I applied via PLACEMENT

Interview Preparation Tips

Round: Technical Interview
Experience: Good detailed interview in terms of technical knowledge
Tips: Should be thorough with the projects you have done during the course

General Tips: be confident of what you put in your resume
Technical knowledge regarding projects undertaken during engineering should be sound
Be confident
Skills: Communication, Thinking capability, knowledge applying capability
College Name: V.E.S Institute Of Technology
Motivation: Opportunity to work in a renowned and core technical company
Funny Moments: We consider the interview panelists to be as tough as our viva externals. Interviewers are mostly on your side(contrary to viva professors :P)

Interview Questionnaire 

5 Questions

  • Q1. Pertaining to the mentioned roles and responsibilities in your resume
  • Q2. Planning and work order creation
  • Q3. Piling activities
  • Q4. Introduction
  • Q5. Cross checking of documents

Interview Preparation Tips

Round: Resume Shortlist
Experience: On the criteria that I scored atleast 60% overall and had no gap between job/s.

Interview Questionnaire 

1 Question

  • Q1. What is your role in previous company

I applied via Campus Placement and was interviewed before Jun 2021. There were 3 interview rounds.

Round 1 - Aptitude Test 

Mathematics, English, Reasoning

Round 2 - Technical 

(2 Questions)

  • Q1. They asked Technical questions
  • Q2. What is antenna What is satcom
  • Ans. 

    An antenna is a device that converts electrical signals into electromagnetic waves and vice versa. Satcom is short for satellite communication.

    • Antennas are used for transmitting and receiving signals in various applications such as radio, television, and wireless communication.

    • Satcom refers to the use of satellites for communication purposes, including television broadcasting, internet access, and military communicatio...

  • Answered by AI
Round 3 - Group Discussion 

Clean India
Corruption

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and believe in yourself

I applied via Campus Placement and was interviewed before Feb 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

Quant, verbal, lrdi

Round 2 - Technical 

(2 Questions)

  • Q1. Machine Design concepts
  • Q2. Thermodynamics and RAC Concepts

Interview Preparation Tips

Interview preparation tips for other job seekers - Crisp and to the point answers

I applied via Campus Placement and was interviewed in Jan 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Introduce yourself and tell me something about your Bachelors project

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm and compassionate

I applied via Naukri.com and was interviewed before Apr 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. About circuit breaker, transformer.
  • Q2. Single line diagrams, layout, substation calculation.

Interview Preparation Tips

Interview preparation tips for other job seekers - Please go through substation calculation and equipment.

Thermax Limited Interview FAQs

How many rounds are there in Thermax Limited Senior Executive - Finance interview?
Thermax Limited interview process usually has 2 rounds. The most common rounds in the Thermax Limited interview process are One-on-one Round.
What are the top questions asked in Thermax Limited Senior Executive - Finance interview?

Some of the top questions asked at the Thermax Limited Senior Executive - Finance interview -

  1. What is the definition of Property, Plant, and Equipment (PPE), how is the cost...read more
  2. What are provisions, contingent liabilities, and contingent assets, and can you...read more
  3. What are the differences between deferred revenue, unearned revenue, and unbill...read more

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Thermax Limited Senior Executive - Finance Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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Thermax Limited Senior Executive - Finance Salary
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