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Trane Technologies Finance Manager Interview Questions, Process, and Tips
Trane Technologies Finance Manager Interview Experiences
1 interview found
I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
(4 Questions)
- Q1. Difference between budgeting and forecasting
- Ans.
Budgeting involves setting financial goals and limits for a specific period, while forecasting predicts future financial outcomes based on current data and trends.
Budgeting is a plan for how to allocate resources over a specific period, typically a year.
Forecasting involves predicting future financial outcomes based on historical data and trends.
Budgeting is more focused on setting financial goals and limits, while for...
- Q2. What is accrued exp
- Ans.
Accrued exp refers to expenses that have been incurred but not yet paid for.
Accrued expenses are recorded as liabilities on the balance sheet.
They represent expenses that have been recognized but not yet paid.
Examples include accrued salaries, interest, and taxes.
Accrued expenses are typically adjusted at the end of an accounting period.
- Q3. How do u treat post variance analysis
- Ans.
Post variance analysis is treated by identifying root causes, developing action plans, and monitoring progress.
Identify the root causes of the variances to understand why they occurred
Develop action plans to address the identified issues and improve future performance
Monitor progress regularly to ensure that the action plans are being implemented effectively
Communicate findings and recommendations to relevant stakehold
- Q4. How do you do bank reconciliation
- Ans.
Bank reconciliation involves comparing the bank statement with the company's records to ensure they match.
Gather bank statements and company records
Compare deposits and withdrawals on both statements
Identify and investigate any discrepancies
Adjust the company's records to match the bank statement
Prepare a reconciliation report
Interview Preparation Tips
- Core accounting
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I applied via LinkedIn and was interviewed in Dec 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. It is specific to particular area. They scrutinized my previous experience.
Interview Preparation Tips
I appeared for an interview in Sep 2021.
(1 Question)
- Q1. Related to my resume only
(1 Question)
- Q1. Basic questions from your resume
(3 Questions)
- Q1. Why are you looking for a change?
- Q2. What are your strengths and weaknesses?
- Q3. Tell me about yourself.
Interview Preparation Tips
I applied via Company Website and was interviewed in Oct 2021. There was 1 interview round.
Interview Questionnaire
4 Questions
- Q1. MOTOR AMD PANEL SWITCHGEAR ERECTION IN OIL AND GAS FIELD
- Ans.
Motor and panel switchgear erection in oil and gas field
Experience in installation and maintenance of motor and panel switchgear in oil and gas field
Knowledge of safety regulations and procedures in hazardous environments
Ability to read and interpret technical drawings and schematics
Familiarity with testing and commissioning procedures
Experience in troubleshooting and resolving electrical issues
Examples: installation o...
- Q2. SITE EXECUTION
- Q3. PLANNING AND EXECUTION TESTING
- Q4. DATE OF COMPLITION
- Ans.
Date of completion refers to the deadline or expected date of finishing a project or task.
It is important to set a realistic date of completion to ensure timely delivery of projects.
Factors such as available resources, team capacity, and project complexity should be considered when setting the date of completion.
Regular monitoring and tracking of progress can help ensure that the project is on track to meet the date of...
Interview Preparation Tips
I applied via Naukri.com
Prepare for topics on current events, government regulations, corporate trends
Prepare for Management case study on complex problems, strategic issues
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed before May 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Technical question related to my experience
Interview Preparation Tips
Deputy Manager Interview Questions & Answers
EMERSON PROCESS MANAGEMENT
Anonymous
posted on 11 Apr 2024
I applied via Naukri.com and was interviewed before Apr 2023. There was 1 interview round.
(1 Question)
- Q1. 1) control logic of turbine 2) operation of turbine
- Ans.
Control logic of a turbine involves regulating the flow of fuel and air to maintain desired speed and power output. Operation of a turbine includes starting, monitoring, and shutting down the turbine.
Control logic of a turbine involves adjusting fuel and air flow based on speed and power requirements
Operation of a turbine includes starting procedures such as pre-purge and ignition sequence
Monitoring turbine operation i...
Interview Preparation Tips
(1 Question)
- Q1. General discussion about the past experience
(1 Question)
- Q1. General Discussion about compnay
Interview done on basis of question
(1 Question)
- Q1. 1. What is Mura Muda
- Ans.
Mura Muda is a concept in Lean manufacturing that refers to unevenness and waste in the production process.
Mura refers to unevenness or inconsistency in production processes, which can lead to inefficiencies and delays.
Muda refers to waste, such as overproduction, excess inventory, or unnecessary movement of materials.
Identifying and eliminating Mura and Muda is essential for improving productivity and reducing costs i...
Interview Preparation Tips
Deputy Manager Interview Questions & Answers
Sigma Electric Manufacturing Corporation
Anonymous
posted on 24 Nov 2020
Selected
I applied via Referral and was interviewed before Nov 2019. There was 1 interview round.
(2 Questions)
- Q1. Roles n responsibilities
- Q2. Work Experience
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Trane Technologies Finance Manager Interview Process
based on 1 interview
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