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TMF Group Executive Interview Questions and Answers

Updated 17 Jan 2024

TMF Group Executive Interview Experiences

1 interview found

Executive Interview Questions & Answers

user image Anonymous

posted on 25 Jul 2023

Interview experience
4
Good
Difficulty level
Hard
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Jan 2023. 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 - One-on-one 

(1 Question)

  • Q1. Tell me about your self

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Feb 2024. There were 2 interview rounds.

Round 1 - Technical 

(5 Questions)

  • Q1. What is the difference between impairment and depreciation?
  • Ans. 

    Impairment is a sudden and significant decrease in the value of an asset, while depreciation is the gradual decrease in value over time.

    • Impairment is usually a one-time event that occurs when the value of an asset drops below its carrying amount.

    • Depreciation is the allocation of the cost of an asset over its useful life, reflecting the wear and tear on the asset.

    • Impairment is recognized when the asset's recoverable amo...

  • Answered by AI
  • Q2. What is the five. Steps model of revenue
  • Ans. 

    The five steps model of revenue is a framework used to analyze and improve revenue generation strategies.

    • Identify target market and customer segments

    • Develop products or services that meet the needs of the target market

    • Create effective marketing and sales strategies

    • Implement pricing strategies to maximize revenue

    • Monitor and analyze revenue performance to make adjustments as needed

  • Answered by AI
  • Q3. What is fair value measurement
  • Ans. 

    Fair value measurement is the process of determining the value of an asset or liability based on market conditions.

    • Fair value measurement involves using market-based inputs to determine the value of an asset or liability.

    • It is often used in financial reporting to provide more accurate and relevant information to stakeholders.

    • Examples of fair value measurements include determining the value of a company's investments or...

  • Answered by AI
  • Q4. What would be the accounting for leases in the books of lessor and lessee?
  • Ans. 

    Accounting for leases involves recording lease payments and assets on the books of lessor and lessee.

    • Lessor records lease payments as rental income and depreciates the leased asset over its useful life.

    • Lessee records lease payments as lease liability and right-of-use asset on the balance sheet.

    • For finance leases, lessee recognizes interest expense and amortization of the right-of-use asset.

    • For operating leases, lessee ...

  • Answered by AI
  • Q5. What is financial instrument accounting
  • Ans. 

    Financial instrument accounting involves the recognition, measurement, and disclosure of various financial instruments in an entity's financial statements.

    • Financial instruments include cash, stocks, bonds, derivatives, and loans.

    • Accounting for financial instruments requires understanding their classification, valuation, and presentation in financial statements.

    • Different accounting standards such as IFRS and GAAP provid...

  • Answered by AI
Round 2 - Aptitude Test 

Logical reasoning verbal

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. What is derivative
  • Ans. 

    A derivative is a financial instrument whose value is derived from an underlying asset or group of assets.

    • Derivatives can be used for hedging, speculation, or arbitrage.

    • Common types of derivatives include options, futures, forwards, and swaps.

    • For example, a stock option derives its value from the underlying stock, allowing the holder to buy or sell the stock at a predetermined price.

    • Derivatives are traded on exchanges

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
No response

I was interviewed in Dec 2024.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Introduction questions
  • Q2. Why we should hire you?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well prepared with your concepts and resume.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Introduce yourself
  • Ans. 

    I am a seasoned HR professional with 10+ years of experience in recruitment, employee relations, and performance management.

    • 10+ years of experience in HR

    • Specialize in recruitment, employee relations, and performance management

    • Strong communication and interpersonal skills

  • Answered by AI
  • Q2. Would you like to relocate?
  • Ans. 

    Yes, I am open to relocating for the right opportunity.

    • I am open to exploring new locations for career growth

    • I am willing to relocate if it aligns with my career goals

    • I have relocated in the past for career advancement

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

(3 Questions)

  • Q1. Introduce yourself
  • Ans. 

    I am a seasoned HR professional with 10+ years of experience in recruitment, employee relations, and performance management.

    • Bachelor's degree in Human Resources Management

    • SHRM-CP certification

    • Led successful recruitment campaigns resulting in 20% increase in qualified candidates

    • Implemented employee engagement initiatives resulting in 15% decrease in turnover rate

  • Answered by AI
  • Q2. Would you like to relocate
  • Ans. 

    Yes, I am open to relocating for the right opportunity.

    • I am open to exploring new locations for career growth

    • I have relocated in the past for job opportunities

    • I am willing to consider relocation if it aligns with my career goals

  • Answered by AI
  • Q3. Why did you switch from engineering to HR
  • Ans. 

    I switched from engineering to HR because I discovered my passion for working with people and helping them reach their full potential.

    • Realized passion for working with people

    • Enjoyed helping others reach their potential

    • Strong communication and interpersonal skills

    • Desire to make a positive impact on organizational culture

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Tell me something about yourself which is not on your resume?
  • Q2. Which metric is important? AHT or CSAT?
  • Ans. 

    CSAT is more important as it directly measures customer satisfaction, while AHT only measures efficiency.

    • CSAT directly reflects how satisfied customers are with the service provided

    • AHT only measures the efficiency of handling customer inquiries, not the quality of service

    • Focusing on CSAT can lead to improved customer loyalty and retention

    • AHT can be important for operational efficiency, but should not be prioritized ove

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Smart and Honest, rest all will work out automatically and you're in 💼
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Mar 2024.

Round 1 - Technical 

(5 Questions)

  • Q1. What is invoicing
  • Ans. 

    Invoicing is the process of sending a bill to a customer for goods or services provided.

    • Invoicing includes details such as the quantity of items, price per item, total amount due, payment terms, and payment instructions.

    • It is an important part of the billing process for businesses to receive payment for their products or services.

    • Invoices can be sent electronically or in paper format.

    • Invoicing helps businesses keep tra...

  • Answered by AI
  • Q2. What id3 way matching
  • Ans. 

    3-way matching is a process used in accounting to ensure that the three documents - purchase order, invoice, and receiving report - match.

    • Three documents involved: purchase order, invoice, and receiving report

    • Ensures accuracy and prevents fraud

    • Helps in verifying the quantity, price, and terms of the transaction

  • Answered by AI
  • Q3. Types of po number
  • Ans. 

    Types of PO numbers include standard PO numbers, blanket PO numbers, and contract PO numbers.

    • Standard PO numbers are used for one-time purchases.

    • Blanket PO numbers are used for multiple purchases over a period of time.

    • Contract PO numbers are used for purchases based on a specific contract agreement.

  • Answered by AI
  • Q4. What do you understand p2p
  • Ans. 

    P2P stands for peer-to-peer, a decentralized communication model where two or more parties interact directly with each other.

    • P2P networks allow users to share resources, such as files or bandwidth, without the need for a central server.

    • Examples of P2P networks include BitTorrent for file sharing and Bitcoin for cryptocurrency transactions.

    • P2P communication can be more secure and efficient than traditional client-server

  • Answered by AI
  • Q5. Difference in po and invoice
  • Ans. 

    PO is a purchase order issued by a buyer to a seller, outlining the products or services to be purchased. An invoice is a bill issued by the seller to the buyer, requesting payment for the products or services provided.

    • Purchase Order (PO) is issued by the buyer to the seller, specifying the products or services to be purchased.

    • Invoice is issued by the seller to the buyer, requesting payment for the products or services...

  • Answered by AI

Skills evaluated in this interview

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

I applied via Walk-in and was interviewed in Dec 2022. There were 4 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 

(1 Question)

  • Q1. Qualifations, why synchrony, expecting from synchrony, likes and dislikes, experience.
Round 3 - Accent 

(1 Question)

  • Q1. Random topic, unsloved sentences, pronunciations.
Round 4 - Technical 

(1 Question)

  • Q1. Ctc and general questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and should have excellent communication skills
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
More than 8 weeks
Result
No response

I applied via Referral and was interviewed before Jun 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Logical and grammertical questions

Round 3 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. About current and previous experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and be honest

I applied via Company Website and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Accounting related
  • Q2. Taxation related

Interview Preparation Tips

Interview preparation tips for other job seekers - Smart phone

TMF Group Interview FAQs

How many rounds are there in TMF Group Executive interview?
TMF Group interview process usually has 2 rounds. The most common rounds in the TMF Group interview process are Resume Shortlist and One-on-one Round.
How to prepare for TMF Group Executive interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at TMF Group. The most common topics and skills that interviewers at TMF Group expect are Payroll, TDS, Taxation, Administration and Career Development.

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TMF Group Executive Salary
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₹3.9 L/yr - ₹6.5 L/yr
9% more than the average Executive Salary in India
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TMF Group Executive Reviews and Ratings

based on 6 reviews

4.8/5

Rating in categories

4.3

Skill development

4.3

Work-Life balance

3.6

Salary & Benefits

3.9

Job Security

4.8

Company culture

3.5

Promotions/Appraisal

3.7

Work Satisfaction

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