Vantiva Accounts Payable Accountant Interview Questions and Answers

Q1. Tell me about yourself
Ans. 
Experienced Key Account Manager with a proven track record of exceeding sales targets and building strong client relationships.
• Over 5 years of experience in key account management

• Successfully increased sales by 20% in the last fiscal year

• Strong communication and negotiation skills

• Ability to analyze market trends and develop strategic plans

• Managed key accounts such as Company A and Company B
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Q2. Why are you interested in this profile
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I am passionate about building strong relationships with key clients and driving business growth.
• I have a proven track record of successfully managing key accounts in my previous roles.

• I enjoy the challenge of meeting and exceeding sales targets through strategic account management.

• I am excited about the opportunity to work closely with key clients to understand their needs and provide tailored solutions.

• I thrive in a ...read more
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Q1. Tell me about your past experiences
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I have over 5 years of experience in key account management, working with various clients in different industries.
• Managed key accounts for a software company, increasing revenue by 20% in one year

• Developed strong relationships with clients in the retail industry, leading to repeat business

• Implemented new strategies to improve customer satisfaction and retention rates
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Q2. DO you have experience in dealing with C-Suites
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Yes, I have extensive experience in dealing with C-Suites.
• I have successfully managed relationships with C-Suite executives in my previous roles.

• I have presented proposals and negotiated contracts with C-Suite members.

• I understand the importance of aligning business objectives with C-Suite priorities.

• I have experience in conducting high-level meetings and discussions with C-Suite executives.
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Q1. Same as round 2
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Q2. Same as round 2_
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Know about the current topics

Q1. Tell me something about yourself? ... What are your strengths? ... Why are you interested in this job? ... Where do you see yourself in the next 5 years? ... Would you like to work overtime or odd hours?
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Q1. Technical Interview is most undoubtedly the most crucial round in any recruitment process. Depending on the company any number of Technical Interviews are conducted to test the skillsets of a candidate bef...read more
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Q1. How has your previous experience benefited you?
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Q2. How do you handle channel conflicts
Ans. 
I handle channel conflicts by identifying the root cause, communicating openly with all parties involved, and finding a mutually beneficial solution.
• Identify the root cause of the conflict

• Communicate openly with all parties involved

• Find a mutually beneficial solution

• Implement clear channel conflict resolution policies
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Q1. General concept on basic accounting
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Q1. In detail accounting concept end to end
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Q1. Next level account concepts in detail
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Next level account concepts involve advanced financial analysis, forecasting, budgeting, and strategic planning.
• Advanced financial analysis includes ratio analysis, trend analysis, and variance analysis.

• Forecasting involves predicting future financial performance based on historical data and market trends.

• Budgeting requires creating detailed financial plans for revenue and expenses.

• Strategic planning involves aligning ...read more
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Q1. Understanding standing to attitude and other general things
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Q2. Understanding your behaviour
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Q1. Accounts basics
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Q2. Accounting rules
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Q3. Golden rules of accounts
Ans. 
Golden rules of accounts are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounts: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

• These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.

• For example, when a company receives cash from ...read more
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Q4. Financial statements
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Bank how many types of account
They are 4 type of account
1current account 2 saving a/c
3 recurring deposit a/c 4 fixed a/c .

Account are
Payment
Sales
Purchase
GST tax
CGST and SGST
Inter and intera state

Q1. What is IFRS and how to implement it
Ans. 
IFRS stands for International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB).
• IFRS is used by companies across the globe to ensure consistency and transparency in financial reporting.

• Implementation of IFRS involves understanding the standards, making necessary adjustments to financial statements, and training staff on the new requirements.

• Com...read more
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Q2. Do you know USGAAP
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Q1. SITUATIONAL QUESTIONS ON VARIOUS SALES ROLE PLAY
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Q1. VARIOUS EXAMPLES OF BEST DEAL,CHALLENGING TASK
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Q1. GENERALL ROUND ON WHAT & HOW YOU WILL APPROACH SALES
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