Waaree Group Accounts & Finance Executive Interview Questions and Answers

Q1. What are the ratios that you know
Ans. 
Common financial ratios include profitability ratios, liquidity ratios, leverage ratios, and efficiency ratios.
• Profitability ratios: Return on assets (ROA), return on equity (ROE), gross margin ratio

• Liquidity ratios: Current ratio, quick ratio

• Leverage ratios: Debt to equity ratio, interest coverage ratio

• Efficiency ratios: Inventory turnover ratio, accounts receivable turnover ratio
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Q2. What is effective tax rate
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Effective tax rate is the percentage of income that an individual or company pays in taxes after accounting for deductions and credits.
• Effective tax rate takes into account all taxes paid, including federal, state, and local taxes.

• It is calculated by dividing total tax expense by taxable income.

• For example, if a company has a total tax expense of $10,000 and taxable income of $100,000, the effective tax rate would be 1
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Q3. What are accrual expenses
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Accrual expenses are costs that have been incurred but not yet paid for or recorded in the financial statements.
• Accrual expenses are recognized when they are incurred, not when they are paid.

• They are recorded as liabilities on the balance sheet until they are paid.

• Examples include accrued salaries, interest, and taxes.

• Accrual expenses help provide a more accurate representation of a company's financial position.
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Q1. Why you want to switch job
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Q2. Technical questions
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Q1. Questions based on Prior Experience
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Q2. Basic questions related to job description
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Q1. Self introduction
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Q2. Profile releted question
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Regarding financial action Bank related, Credit- Debit related, Sales- Purchase other many question

Financial related code in Accounting Software like Tally, SAP, PFMS(Public Finance Management System) etc.

Q1. Total Experience and Expectations
Ans. 
I have 15 years of experience in finance and accounting. I am looking for a challenging role with growth opportunities.
• I have 15 years of experience in finance and accounting

• I am well-versed in financial reporting, budgeting, and forecasting

• I have managed teams and implemented process improvements

• I am looking for a challenging role with growth opportunities
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Q2. What is the Notice Period
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Notice period is the duration an employee has to serve after resigning from their job.
• It is a period of time between the resignation date and the last working day of the employee.

• It is usually mentioned in the employment contract.

• The notice period can vary from company to company and can range from a few weeks to several months.

• During the notice period, the employee is expected to complete any pending work and handover...read more
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Q1. Current job profile
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I am currently working as a Senior Finance Manager at XYZ Corporation.
• Responsible for managing financial operations and ensuring compliance with regulations

• Preparing financial reports and analyzing financial data to provide insights to the management

• Developing and implementing financial strategies to achieve organizational goals

• Managing a team of finance professionals and providing guidance and support

• Collaborating wit...read more
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Q2. In detail explanation of job profile
Ans. 
The Senior Executive Finance & Accounts oversees financial operations and ensures compliance with regulations.
• Develop and implement financial policies and procedures

• Prepare financial reports and statements

• Manage budgeting and forecasting

• Ensure compliance with tax laws and regulations

• Supervise accounting staff

• Analyze financial data and provide recommendations

• Collaborate with other departments to improve financial perfor
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Q1. Introduction about myself
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Q1. It depends on the position you apply !
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Q1. Lot of questions from HR judging your attitude , testing your patience.
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