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Volvo Junior Accountant Interview Questions and Answers

Updated 18 Dec 2023

Volvo Junior Accountant Interview Experiences

2 interviews found

Interview experience
3
Average
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via LinkedIn and was interviewed in Nov 2023. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. What is prepayment, what is ar ageing, what is cogs, what is direct expenses, indirect expense, what is hedging, journal entry for os salary, journal entry for prepaid salary, what is cost centre, what is ...
  • Ans. 

    Prepayment is an advance payment made for goods or services. AR ageing is the analysis of outstanding customer invoices. COGS is the cost of producing or purchasing goods sold. Direct expenses are costs directly related to the production of goods or services. Indirect expenses are costs not directly related to production. Hedging is a financial strategy to reduce risk. Journal entry for OS salary is debit salary expens...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Please prepare core accounting knowledge

I applied via Referral and was interviewed in Jul 2022. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. What is cash flow statement
  • Ans. 

    A cash flow statement is a financial statement that shows the inflows and outflows of cash in a business over a specific period of time.

    • It provides information about the cash generated from operating activities, investing activities, and financing activities.

    • Operating activities include cash received from sales, payment to suppliers, and payment to employees.

    • Investing activities include cash used for purchasing or sell...

  • Answered by AI
  • Q2. What are the important finance statement
  • Ans. 

    The important finance statements are the balance sheet, income statement, and cash flow statement.

    • Balance sheet shows the company's assets, liabilities, and equity at a specific point in time.

    • Income statement shows the company's revenue, expenses, and net income over a period of time.

    • Cash flow statement shows the company's cash inflows and outflows over a period of time.

    • These statements are important for investors, cre...

  • Answered by AI
  • Q3. Basically ask whatever is available in resume

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for whatever mentioned in the resume especially projects

Junior Accountant Interview Questions Asked at Other Companies

Q1. Explain heads of income under income tax Act, 1961.
Q2. What are the Golden rules of accounting...?
asked in Infosys
Q3. What comes under assets and liabilities.
asked in Infosys
Q4. What is the important for gst return file ?
asked in Infosys
Q5. What is used of trial balance for running a business

Interview questions from similar companies

I applied via LinkedIn and was interviewed before Nov 2021. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Tell me about yourself?
  • Ans. Explain about yourself in detail like, postives, favourites etc.
  • Answered Anonymously
  • Q2. What are your weaknesses and strenghts?
  • Ans. Describe your two or three positive attributes and also talk about weakness in such a way which frame your answer in a positive.
  • Answered Anonymously
  • Q3. What attracted to you our company?
Round 3 - skill test 

(2 Questions)

  • Q1. Do you know about ms word, ms excel?
  • Ans. 

    Yes, I am proficient in both MS Word and MS Excel.

    • I have experience in creating and formatting documents in MS Word.

    • I am skilled in using formulas, functions, and charts in MS Excel.

    • I have used MS Excel for data analysis and financial modeling.

    • I am familiar with keyboard shortcuts and other time-saving features in both applications.

  • Answered by AI
  • Q2. Do you learnt tally erp9?
  • Ans. 

    Yes, I have learned Tally ERP9.

    • I have completed a Tally ERP9 course from XYZ institute.

    • I have hands-on experience in using Tally ERP9 for maintaining accounts.

    • I am proficient in creating invoices, managing inventory, and generating financial reports using Tally ERP9.

  • Answered by AI
Round 4 - salary 

(2 Questions)

  • Q1. Why you want to get posted in our company?
  • Q2. What are your salary expections?

Interview Preparation Tips

Topics to prepare for Tata Motors Junior Accountant interview:
  • Maths
  • Key Account Management
  • DBMS
Interview preparation tips for other job seekers - Generally, students loose their confidence in the front of interviewer.
But, don't be affraid, answer your all questions confidentally, with eye contact with the interviewer. Eye contact boost your confidence.๐Ÿ˜Š

I applied via Company Website and was interviewed in Feb 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Group Discussion 

Group discussion topic on current affairs

Interview Preparation Tips

Interview preparation tips for other job seekers - Just apply. You may not be The best candidate or have all the requisite qualification, but you'll never get job if you don't try.

I applied via Campus Placement and was interviewed before Jun 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What would you do for this company?
  • Ans. Hard-work which will later answer through actions & enhance my communication skills.
  • Answered by Tulsi Shah

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be frank and answer with first thought what comes to your mind.
(do a good research about the company)
Interview experience
4
Good
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Jul 2023. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Basic HR questions. Along with basic technical questions. About least count of devices. 5S and college projects and previous internships.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Why BS-6 came before BS-5
  • Ans. 

    BS-6 came before BS-5 due to the need for stricter emission standards and technological advancements.

    • BS-6 was introduced to address the growing concerns about air pollution and to meet international emission standards.

    • BS-6 engines are equipped with advanced technologies such as selective catalytic reduction (SCR) and diesel particulate filters (DPF) to reduce harmful emissions.

    • The implementation of BS-6 norms required ...

  • Answered by AI
  • Q2. What technology is used to reduce NOx emissions
  • Ans. 

    Selective Catalytic Reduction (SCR) technology is used to reduce NOx emissions.

    • Selective Catalytic Reduction (SCR) technology is commonly used in diesel engines to reduce NOx emissions.

    • SCR technology works by injecting a urea-based solution into the exhaust stream, which reacts with the NOx gases and converts them into nitrogen and water.

    • This technology is widely adopted in vehicles, power plants, and industrial proces...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. About how the degree will be associated with the experience
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
Not Selected
Round 1 - Aptitude Test 

It was a Normal Aptitude Test, They mainly focused on Arithmetic and Logical Reasoning

Round 2 - Coding Test 

5 questions, 4 were SQL based (easy to advanced - like Trigger, Indexing, Functions etc), 1 was logical (You have 2 variables, swap the variable's data without using 3rd variable, and the last one was Logical Reasoning

I applied via Referral and was interviewed in Dec 2019. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. Tell me about your college ?
  • Q2. What do you understand the difference between UG and PG ?
  • Ans. 

    UG refers to undergraduate education while PG refers to postgraduate education.

    • UG is the first level of higher education after completing secondary education.

    • PG is pursued after completing UG and is a higher level of education.

    • UG courses are generally of 3-4 years duration while PG courses are of 1-2 years duration.

    • UG courses provide a broad understanding of a subject while PG courses provide in-depth knowledge and spe...

  • Answered by AI
  • Q3. Why Mahindra Finance ?
  • Q4. How your subjects helpful for this work?
  • Q5. Which department you are willing to work ?
  • Ans. 

    I am willing to work in the Marketing department.

    • I have a strong interest in marketing and have taken relevant courses in college.

    • I have experience in creating marketing campaigns and analyzing market trends.

    • I am skilled in social media marketing and have successfully managed social media accounts for small businesses.

    • I am a creative thinker and enjoy coming up with innovative marketing strategies.

    • I am a team player an...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest with your answer, because the first question which was asked by HR, the same will be asked at the end in different way.
Try to give more positive answers and don't give negative answers
Contribute & help others!
anonymous
You can choose to be anonymous

Volvo Interview FAQs

How many rounds are there in Volvo Junior Accountant interview?
Volvo interview process usually has 1-2 rounds. The most common rounds in the Volvo interview process are Technical and Resume Shortlist.
How to prepare for Volvo Junior Accountant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Volvo. The most common topics and skills that interviewers at Volvo expect are Accounts Payable, Invoice Processing, P2P, PTP and Payment Processing.
What are the top questions asked in Volvo Junior Accountant interview?

Some of the top questions asked at the Volvo Junior Accountant interview -

  1. What is prepayment, what is ar ageing, what is cogs, what is direct expenses, i...read more
  2. What are the important finance statem...read more
  3. What is cash flow statem...read more

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Volvo Junior Accountant Interview Process

based on 1 interview

Interview experience

3
  
Average
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Volvo Junior Accountant Salary
based on 28 salaries
โ‚น2.5 L/yr - โ‚น3.9 L/yr
29% more than the average Junior Accountant Salary in India
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Volvo Junior Accountant Reviews and Ratings

based on 2 reviews

5.0/5

Rating in categories

5.0

Skill development

5.0

Work-life balance

5.0

Salary

5.0

Job security

5.0

Company culture

5.0

Promotions

5.0

Work satisfaction

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