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I applied via Newspaper Ad and was interviewed in May 2024. There were 4 interview rounds.
I have over 10 years of experience in financial management, including overseeing accounts payable processes.
Managed accounts payable department to ensure timely and accurate processing of invoices
Implemented cost-saving measures by negotiating vendor terms and discounts
Utilized financial analysis to identify trends and improve cash flow management
Collaborated with cross-functional teams to streamline accounts payable p...
I implemented automated invoice processing systems and negotiated vendor discounts to improve efficiency and reduce costs.
Implemented automated invoice processing systems
Negotiated vendor discounts to reduce costs
Streamlined approval workflows for faster payments
I stay updated through industry publications, attending conferences, networking with peers, and participating in online forums.
Subscribe to industry publications such as 'Accounts Payable News' and 'The Accounts Payable Network'
Attend conferences and seminars like 'AP & P2P Conference & Expo' to learn about the latest trends
Network with other professionals in the field through LinkedIn groups and industry events
Partici...
I faced a challenging situation when a major client threatened to withdraw their business due to a service issue.
Identified the root cause of the issue by conducting a thorough investigation
Developed a plan to address the client's concerns and prevent similar issues in the future
Communicated transparently with the client, acknowledging the mistake and outlining steps taken to rectify it
Offered additional incentives to ...
Journal entry is a record of a financial transaction in a company's accounting system.
Journal entry is used to record the financial effects of business transactions.
It consists of a debit entry and a credit entry, with an explanation of the transaction.
Journal entries are important for maintaining accurate financial records and preparing financial statements.
They help in tracking the flow of money in and out of the bus...
Entries for receiving stock from vendors include debit to inventory and credit to accounts payable.
Debit inventory account for the value of stock received
Credit accounts payable for the same value
Record any additional charges or discounts separately
I prioritize tasks based on deadlines and importance, utilizing tools like calendars and to-do lists.
I prioritize tasks based on deadlines and importance
I utilize tools like calendars and to-do lists to keep track of tasks
I allocate specific time blocks for different projects to ensure progress
I delegate tasks when necessary to manage workload effectively
Prioritize payments by due date, importance, and available funds. Manage cash flow by forecasting, monitoring, and adjusting payment schedules.
Prioritize payments based on due dates to avoid late fees and maintain vendor relationships
Consider the importance of each payment to the business operations when deciding the order of payments
Manage cash flow by forecasting upcoming expenses and revenue, adjusting payment sched...
I was motivated to apply for the accounts payable executive position due to my strong background in finance and passion for streamlining processes.
Strong background in finance and accounting
Passion for streamlining processes and improving efficiency
Opportunity to utilize my skills and experience in a new role
Desire for career growth and advancement within the organization
I prioritize tasks, set boundaries, delegate when necessary, and make time for self-care.
Prioritize tasks based on urgency and importance
Set boundaries by establishing work hours and sticking to them
Delegate tasks to team members to avoid burnout
Make time for self-care activities such as exercise, hobbies, and spending time with loved ones
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I applied via Company Website and was interviewed in Sep 2024. There were 2 interview rounds.
I am want bank tex book.
I applied via Campus Placement
Reasoning, quantitative skills, and English language proficiency.
To prepare for analyzing financial statements and balance sheets, one should have a strong understanding of accounting principles and financial ratios.
Understand basic accounting principles such as revenue recognition, accrual accounting, and matching principle.
Familiarize yourself with financial ratios like liquidity ratios, profitability ratios, and leverage ratios.
Learn how to interpret key financial statement compo...
Union Bank of India interview questions for popular designations
I applied via Recruitment Consulltant and was interviewed in Jan 2024. There was 1 interview round.
Get interview-ready with Top Union Bank of India Interview Questions
I applied via Referral and was interviewed in Sep 2023. There were 5 interview rounds.
Self intrusion, About study
Credit card features and benefits
Banking sector refers to the industry that provides financial services such as accepting deposits, lending money, and facilitating transactions.
Banks are financial institutions that offer services such as savings accounts, loans, and credit cards.
The banking sector plays a crucial role in the economy by providing liquidity and financial stability.
Examples of banking institutions include commercial banks, investment ban
Convince new customers by highlighting benefits, offering incentives, providing excellent customer service, and building trust.
Highlight the benefits of the credit card such as rewards, cashback, and travel perks.
Offer incentives like sign-up bonuses, 0% APR introductory rates, and waived annual fees.
Provide excellent customer service by being responsive, helpful, and transparent.
Build trust by showcasing positive cust...
Card features are essential for attracting customers and providing value.
Card features should align with customer needs and preferences
Competitive rewards programs can attract and retain customers
Security features like fraud protection and alerts are crucial for customer trust
Concierge services and travel benefits can differentiate a card in a crowded market
A card protection plan is a service offered by credit card companies to protect cardholders from unauthorized transactions, fraud, and theft.
Provides coverage for unauthorized transactions on the card
Offers protection against fraud and theft
May include services such as card replacement and emergency cash advance
Typically involves a monthly or annual fee for enrollment
Selling and calling to talk customer
I applied via Company Website and was interviewed in May 2024. There was 1 interview round.
MSME book by IIBF provides comprehensive information on Micro, Small and Medium Enterprises.
MSME book by IIBF covers various aspects of MSME sector such as financing, credit assessment, risk management, etc.
It also includes case studies and practical examples to help understand the concepts better.
The book is a valuable resource for credit managers looking to enhance their knowledge and skills in managing MSME credit.
I...
I applied via Walk-in and was interviewed in Feb 2024. There were 2 interview rounds.
Reasoning coding decoding number series blood relations
Computer work and clerk work
I applied via Job Fair and was interviewed in May 2024. There was 1 interview round.
Good communication skill and good knowlege about mu work and company
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The duration of Union Bank of India interview process can vary, but typically it takes about less than 2 weeks to complete.
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Manager
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