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I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
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...
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.
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
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
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I applied via LinkedIn and was interviewed in Aug 2022. There were 4 interview rounds.
The final round was with the controller, there was a balance sheet case study provided with questions within two days time period.
I applied via Company Website and was interviewed before Apr 2022. There were 2 interview rounds.
I applied via Walk-in and was interviewed in Jun 2021. There were 3 interview rounds.
I applied via Naukri.com and was interviewed before May 2021. There were 3 interview rounds.
Associate Technical Leader
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