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Vistra Corporate Services Accounts & Finance Executive Interview Questions and Answers
Vistra Corporate Services Accounts & Finance Executive Interview Experiences
1 interview found
Anonymous
I appeared for an interview in Apr 2017.
Interview Questionnaire
1 Question
- Q1. Accounting Standards, Ind Accounting Standards, Company Law, ROC, GST, Schedule-3, TDS, With Holding tax, Service Tax, Salary TDS related questions and other accounts related questions.
Interview Preparation Tips
Experience: I felt some of the interview questions asked to me are inappropriate to the job position I applied for or the questions are (in the nature of) so advanced level and only the professionally qualified and experts can answer.
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I applied via Recruitment Consultant and was interviewed in Nov 2021. There were 3 interview rounds.
Interview Questionnaire
7 Questions
- Q1. Sales entry
- Q2. Golden rules of accounting
- Ans.
The golden rules of accounting are basic principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.
The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.
The third golden rule is the Nominal Account rule, which states that debit all expenses and losse
- Q3. Discount on sales entry
- Q4. Provision meaning
- Q5. Provision for bad debts
- Ans.
Provision for bad debts is an estimated amount set aside by a company to cover potential losses from customers who may not pay their debts.
Provision for bad debts is a common practice in accounting to ensure that a company's financial statements accurately reflect the potential losses from unpaid debts.
The provision is based on an estimate of the percentage of outstanding debts that are likely to go bad.
The provision i...
- Q6. Bad debts meaning
- Q7. Previous organization process
- Ans.
In my previous organization, the finance process was streamlined and efficient.
Implemented automated invoicing system which reduced errors and saved time
Conducted regular audits to ensure compliance with financial regulations
Collaborated with cross-functional teams to develop and monitor budgets
Maintained accurate financial records and generated reports for management
Managed accounts payable and receivable, including t
Interview Preparation Tips
Aishwarya Mehrotra
Interview Questionnaire
4 Questions
- Q1. Tell me about yourself?
- Q2. Why should we hire you?
- Q3. Tell us ur strengths and weaknesses?
- Q4. Any questions?
- Ans.
Yes, I have a few questions.
Can you tell me more about the company culture?
What are the main responsibilities of this role?
Are there any ongoing projects I would be involved in?
What is the typical career progression for a business analyst in this company?
Interview Preparation Tips
Experience: 1.Start by telling ur name, your family background, ur strengths and weaknesses, likes dislikes, about ur schooling. A brief introduction about yourself.Smile. :)2.Tell them the qualities which you possess, without getting nervous, tell them that you believe in "Vision and then Action" to complete all your tasks. Try to convince them with the fact that you and ur skills completely match the job profile.3.Start with your strengths. Don't exaggerate ur weaknesses. An apt answer could be "Icecreams, chocolates", depending upon the mood of the interviewer. Another answer could be, "I believe in perfectionism".4.Ask some questions related to the organization. Try to show them that u are keen and interested to join their organization. :) Listen attentively while they speak :)
Tips: No need to exaggerate. They don't have to do much with ur family background nd all..Put up everything in brief.Never ask about the perks,salaries and all.
Round: Group Discussion
Experience: Mainly, you need to have sufficient knowledge about the topic that has been given to u. For that, read newspaper, search Google and latest newsfeed.
Tips: Never interrupt, wait for ur turn. Try to conclude the topic by summing up all the points. Sometimes it may happen that someone else may speak the points which you were about to speak. Do not panic in that case. Try to modify the same point in a different way. Smile :)
Duration: 10 minutes
General Tips: 1.Believe in yourself2.Have faith in GOD3.Be confident and clear4.Do not panic 5. Never try to show your nervousness
Skills: Communication skills, Confidence
College Name: KIIT UNIVERSITY
Motivation: You never lose. Either you win or you learn :)
Funny Moments: Nope. Nothing :)
Interview Preparation Tips
Experience: The first round was an Online test.
Round: Group Discussion
Experience: Second round was a Group discussion
Tips: Understand the GD topic well. In my group every single one got it wrong and completed the GD without realizing that they have got the topic wrong
Round: Other Interview
Experience: Interviews are quite easy. Nothing much will be asked apart from what you write in the resume.
Tips: So be prepared to answer any question regarding the project that you mention in your resume
General Tips: GD was a good experience. Easiest company/interview to crack. So, All the best.
Skill Tips: R S Agarwal is good enough.
College Name: NIT SURATHKAL
Shobha Vissapragada
Interview Preparation Tips
Experience: There was Aptitude, Logic and English. Most of the questions were direct and solvable in the time allotted.
Tips: Try to get all the Aptitude question right by practicing a lot of questions. Logic, you can get them right too, try to have a presence of mind.
Round: Case Study Interview
Experience: Once I read the question, I did not panic like many did. Rather I started applying my common sense (helps a lot). There was a group discussion then a question session where everyone can provide their solutions on the problem given.
Tips: Try not to totally think in a subject point of view, rather apply some common sense like you would do in a puzzle. This added to your subject knowledge will definitely make you stand out.
Round: Technical Interview
Experience: There was only one interview which included both the Technical and HR questions. It was mostly technical. There were a lot of basic questions on C programming, my extracurricular activities (Autonomous Robotics which included programming) and training in my own field. HR questions were direct and expected.
Tips: Try to be perfect in whatever you do and mention in your resume. If not, then do not mention it. Work on your weaknesses be it communication or programming while trying for an IT company. Your confidence level and positive attitude will take you a long way.
General Tips: If you work on you knowledge and skills, you will automatically be confident.Knowing about the company is important too.
College Name: KIIT UNIVERSITY
Motivation: It is one of the top 4 consultancies and one the best that comes for campus selection in our college.
Interview Questionnaire
2 Questions
- Q1. What is the difference between cost accounting and financial accounting
- Ans.
Cost accounting focuses on internal costs and helps in decision-making, while financial accounting focuses on external reporting and compliance.
Cost accounting is used for internal purposes, such as determining the cost of producing a product or service.
Financial accounting is used for external reporting to stakeholders, such as investors, creditors, and regulatory authorities.
Cost accounting helps in decision-making b...
- Q2. Strengths and weakness
Interview Preparation Tips
College Name: SCMS cochin
I applied via Walk-in
Interview Questionnaire
1 Question
- Q1. What do you think is supply chain consulting all about? Should HUL enter the Rural Markets? Do these rural consumers have even the purchasing power? What format HUL should adopt Different Trac...
- Ans.
Supply chain consulting involves optimizing and improving the flow of goods and services from suppliers to customers.
Supply chain consulting focuses on analyzing and improving the efficiency of the supply chain process.
It involves identifying bottlenecks, reducing costs, and enhancing customer satisfaction.
Consultants may suggest strategies for inventory management, transportation, and distribution.
They may also recomm...
Interview Preparation Tips
Experience: This was an unstructured multiple case/scenario based interview and needed on spot thinking and some knowledge about the retail scenario in Indian Urban/Rural spaces. Interviewer was looking always doubtful about my ideas and was challenging the thoughts in between with some facts from his experience. What helped that I maintained my calm and followed a firm and informed stand on issues and gave relevant examples (like HUL’s Re 1 Shampoo sachet success in low income group people).
I presented my thoughts clearly and convincingly with examples of rural people buying luxury items as well and gave a few statistics about the size of urban vs rural markets in India. I further went on with examples of ITC retail, which was going successfully in integrating its rural retail business with agri-procurement channel (e-chaupal). Gave a few creative ideas about 2-3 possible new formats.
Skills: Case Solving Ability, Case Analysis
College Name: Indian School Of Business (ISB)
Akshay Gundeti
Interview Questionnaire
2 Questions
- Q1. Can you guess the reason behind call drops?
- Ans.
Call drops can be caused by various factors such as network congestion, poor signal strength, and technical issues.
Network congestion due to high call volume or limited bandwidth
Poor signal strength caused by distance from cell tower or obstacles
Technical issues such as software glitches or hardware malfunctions
Interference from other electronic devices
Inadequate network coverage in certain areas
User error such as acci...
- Q2. What do you think telecom operators should do to prevent this problem?
- Ans.
Telecom operators should invest in robust network infrastructure and implement strict security measures to prevent problems.
Invest in upgrading network infrastructure to handle increasing data traffic
Implement strong security measures to protect against cyber threats
Regularly monitor and analyze network performance to identify and address potential issues
Provide reliable customer support to promptly address customer co...
Interview Preparation Tips
Experience: Everyone who applied for the company were allowed to give the test. The test was in similar lines as that of CAT (Quant, DI, LR and stuff).
Tips: Try the TIME material (or any other aptitude test material for preparation), Indiabix is an another website for aptitude tests. The more tests you give the more weak points you'll find and the more you can improve on them.
There are a lot of tips available online (far more better than what I could give)
Round: Other Interview
Experience: They directly shortlisted 7 of us for the interview directly from the test. The interview started with some HR questions and they started asking me stuff to test my problem solving skills like the questions that I mentioned in this section. Later, moved on to ask about my experience at the internship and started walking through my resume for some more questions.
Tips: Just be honest and try not to panic if you don't have the solution immediately. Take a 10 second break if need to think (Trust me, this small break goes a long way if you happen to get stuck somewhere)
Round: HR Interview
Experience: Out the 7, they shortlisted 5 for the 2nd round of Interview. This one was very typical to the HR round. Asked me about my hobbies and went in detail for each one of them and then about my future career plans.
Tips: Be honest. That's it!
General Tips: Be patient. Irrespective of the number of interviews you give, you will eventually get the job that suits you the best.
Skills: Ability To Be Involved In Hands On Work, Ability To Justify, Ability To Express Your Ideas, Ability To Analyse, Entrepreneurial Skills, Problem Solving Abilties, Problem Solving Skills, Aptitude
College Name: IIT Bombay
Motivation: Wanted to get into consulting. Didn't get shortlisted in top tier consults. Deloitte is not bad either and is at par with top consults recently
Interview Preparation Tips
Experience: The minimum cut off was 60 percent and above
Round: Test
Duration: 30 minutes
College Name: MIT College Of Engineering
I appeared for an interview in Jul 2016.
Interview Questionnaire
2 Questions
- Q1. The case will be based on market scenario (mostly).
- Q2. Question related to your domain and project.
Interview Preparation Tips
Experience: Logical Reasoning(35 min): section checks the reasoning skills of the candidate. The section consists of data interpretation and logical reasoning questions.
Quantitative Ability(35 min): section consists of questions based on topics such as algebra, time & work, time, speed & distance, arithmetic, percentages, profit & loss, geometry etc
Verbal (25 min) :section consists of short reading comprehension passages. They are easy to solve and answers can be easily found in the passages. This section also consists of basic grammar usage questions like fill in the blanks, synonyms, antonyms, paragraph completion, sentence completion, vocabulary, etc.
Tips: Level of the paper varies from moderate to difficult.Candidate should take several practice tests beforehand to get acquainted with the type and difficulty level of questionsasked in the exam.
Duration: 1 hour 35 minutes
Total Questions: 75
Round: Case Study Interview
Experience: All the selected candidates will be clubbed into different groups and each group will be given a case. You will be given 10 minutes to prepare your points and talk among your group mates so as to decide who will speak what. Then you will be asked to start your GD which will carry on for around 20 minutes. After the discussions, you might be asked simple questions based on the discussion.
Tips: One should read
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