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Universal Facility Services Senior Manager Finance & Accounts Interview Questions, Process, and Tips
Universal Facility Services Senior Manager Finance & Accounts Interview Experiences
1 interview found
Anonymous
I was interviewed in Mar 2022.
(1 Question)
- Q1. What was the past journey and introduce yourself.
(5 Questions)
- Q1. What is the cash flow and his activities?
- Ans.
Cash flow refers to the movement of cash in and out of a business. It includes operating, investing, and financing activities.
Cash flow is the net amount of cash and cash equivalents that a business receives and spends over a specific period of time.
Operating activities include cash inflows and outflows related to the day-to-day operations of the business, such as sales and expenses.
Investing activities include cash in...
- Q2. What is capital budgeting and his technique?
- Ans.
Capital budgeting is the process of planning and evaluating long-term investment decisions.
It involves analyzing potential investments and deciding which ones to pursue
Techniques include net present value, internal rate of return, and payback period
Factors considered include cash flows, risk, and opportunity cost
Example: deciding whether to invest in a new production facility or upgrade existing equipment
Effective capi...
- Q3. What is MIS and advantages?
- Ans.
MIS stands for Management Information System. It is a computer-based system that provides information to support decision-making.
MIS helps in collecting, processing, storing, and analyzing data to provide information for decision-making.
It provides real-time information to managers to make informed decisions.
MIS helps in identifying trends and patterns in data, which can be used to improve business processes.
It helps i...
- Q4. What is product life cycle and how to excuted?
- Ans.
Product life cycle refers to the stages a product goes through from introduction to decline.
Product life cycle consists of four stages: introduction, growth, maturity, and decline.
During the introduction stage, the product is launched and market awareness is created.
In the growth stage, sales and profits increase as the product gains market acceptance.
The maturity stage is characterized by stable sales and intense comp...
- Q5. What is accrued concept and explain that?
- Ans.
Accrued concept refers to the recognition of revenue or expenses that have been incurred but not yet received or paid.
Accrued concept is a fundamental accounting principle.
It involves recognizing revenue or expenses in the financial statements before they are actually received or paid.
Accrued revenue refers to revenue that has been earned but not yet received, such as interest income or rent.
Accrued expenses refer to e...
Sponsorship with organization etc
Interview Preparation Tips
- Account
- Finance
Top trending discussions
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Selected
I was interviewed in Aug 2024.
(2 Questions)
- Q1. What was the your ambition ?
- Ans.
My ambition is to become a successful Accounts & Finance Executive in a reputable company.
To excel in financial analysis and reporting
To develop strong budgeting and forecasting skills
To enhance my knowledge of tax regulations and compliance
To eventually become a CFO or Finance Director
To contribute to the growth and success of the organization
- Q2. What was the your future plan for life ?
- Ans.
My future plan is to continue advancing in my career in accounts and finance, eventually becoming a financial manager or director.
Continue gaining experience and knowledge in accounts and finance
Pursue further education or certifications in the field
Work towards a promotion to a financial manager or director role
Seek opportunities for professional growth and development
Eventually aim to lead a finance team or departmen
(2 Questions)
- Q1. What was the your future growth ?
- Ans.
My future growth involves obtaining a professional certification, gaining more experience in financial analysis, and eventually moving into a managerial role.
Obtaining a professional certification such as CPA or CFA to enhance my credentials
Gaining more experience in financial analysis and reporting
Working towards taking on more responsibilities and eventually moving into a managerial role
Continuing education and stayi
- Q2. What was sink of kn
- Ans.
Sink of KN is a term used in accounting to refer to the process of writing off an asset that has no residual value.
Sink of KN is also known as scrapping of assets.
It involves removing an asset from the balance sheet due to it being obsolete or no longer useful.
This process helps in accurately reflecting the true value of assets on the balance sheet.
Example: If a company decides to dispose of an old machinery that is no...
(2 Questions)
- Q1. What is your name ?
- Ans.
My name is John Smith.
My first name is John.
My last name is Smith.
I go by the name John Smith in professional settings.
- Q2. What is your mother toung ?
- Ans.
My mother tongue is English.
English is the primary language spoken in my household and community.
I have been speaking English since I was a child.
I am fluent in English and use it for communication in both personal and professional settings.
Interview Preparation Tips
Give me the chance of your company for job opportunity,
Selected
I was interviewed in Jan 2025.
Group discussions
Topic based GD
Case study GD
Debate style GD
Problem solving GD
(5 Questions)
- Q1. Is AI a threat to human job
- Ans.
AI poses a potential threat to certain jobs but also creates new opportunities for human workers.
AI can automate repetitive tasks, leading to job displacement in certain industries
However, AI also creates new job opportunities in fields such as data analysis, AI development, and machine learning
Human workers can focus on tasks that require creativity, critical thinking, and emotional intelligence, areas where AI curren...
- Q2. Can 5G revolution technology
- Ans.
Yes, 5G technology has the potential to revolutionize various industries with its high speed, low latency, and massive connectivity.
5G technology enables faster data speeds, lower latency, and increased network capacity.
It can support the Internet of Things (IoT) devices, autonomous vehicles, smart cities, and virtual reality applications.
5G can improve efficiency in industries like healthcare, manufacturing, and trans...
- Q3. How important is data privacy in today world
- Ans.
Data privacy is crucial in today's world to protect personal information from misuse and unauthorized access.
Data privacy helps prevent identity theft and fraud
It ensures confidentiality of sensitive information such as financial records and medical history
Regulations like GDPR and CCPA require organizations to protect consumer data
Data breaches can have severe consequences for individuals and businesses
Maintaining dat...
- Q4. Blockchain - just hype or the future
- Q5. Blockchain- just hype or the future
(2 Questions)
- Q1. Tell me about yourself Why do you want this job
- Ans.
Experienced finance professional with a strong track record in budgeting, forecasting, and financial analysis. Passionate about driving business growth through strategic financial management.
I have over 8 years of experience in finance, including roles in budgeting, forecasting, and financial analysis.
I am skilled in financial modeling and have a proven track record of improving financial performance.
I am passionate ab...
- Q2. I am deepanshu Gupta and I have Fraser I have skills in football and I enjoy working on
Aptitudes test assess a person logical reasoning problem solving and analysis skills they are commonly used in job recruitment collages and admissions
Interview Preparation Tips
Enhance skill
Network
Prepare for interview
(2 Questions)
- Q1. Deferred tax liability , practical use, how do we calculate
- Ans.
Deferred tax liability is a balance sheet item representing taxes that will be paid in the future due to temporary differences in accounting and tax rules.
Deferred tax liability arises when a company's taxable income is greater than its accounting income, resulting in taxes being paid in the future.
It is calculated by multiplying the temporary difference between taxable income and accounting income by the tax rate.
Exam...
- Q2. Swap in simple terms, dividend growth model
- Ans.
A swap is a financial agreement between two parties to exchange cash flows or other financial instruments.
A swap involves two parties exchanging cash flows or other financial instruments based on a predetermined set of terms.
Common types of swaps include interest rate swaps, currency swaps, and commodity swaps.
The dividend growth model is a method used to value a company's stock based on the expected future dividends i...
I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.
(2 Questions)
- Q1. What is depreciation?
- Q2. Full form of COGS ?
Interview Preparation Tips
(5 Questions)
- Q1. Explain budgeting
- Q2. Explain forecasting
- Q3. Explain revenue recognition
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
Interview Preparation Tips
Skills evaluated in this interview
(2 Questions)
- Q1. Self introduction
- Q2. What is finance
- Ans.
Finance is the management of money and other assets, including investments, budgeting, and financial planning.
Finance involves managing money and assets to achieve financial goals.
It includes activities such as budgeting, investing, and financial planning.
Finance helps individuals and organizations make informed financial decisions.
Examples of finance include managing a company's cash flow, investing in stocks and bond
(2 Questions)
- Q1. What do you know about ICICI sales
- Ans.
ICICI sales refers to the sales activities and strategies of ICICI Bank, one of the largest private sector banks in India.
ICICI Bank offers a wide range of financial products and services to individual and corporate customers.
The bank utilizes various channels such as branches, online platforms, and mobile apps to drive sales.
ICICI Bank often runs promotional campaigns and offers discounts to attract new customers and ...
- Q2. What do you know about your local area
Interview Preparation Tips
s n harish
(2 Questions)
- Q1. Tell me about yourself
- Ans.
Experienced finance executive with a strong background in financial analysis and strategic planning.
Over 10 years of experience in finance roles
Expertise in financial modeling and forecasting
Proven track record of driving profitability and growth
Strong leadership and communication skills
Previously worked as a Finance Manager at XYZ Company
- Q2. What is accounting
- Ans.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
Accounting involves recording financial transactions such as sales, purchases, and expenses.
It includes summarizing the financial data into financial statements like balance sheets and income statements.
Accounting also involves analyzing the financial information to provide insights for decision-making.
Rep...
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