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Wipro Deputy Manager Interview Questions and Answers
Q1. How are the measures to confirm that all the month end journals are posted accurately?
Monthly journals are confirmed for accuracy through a multi-step process.
All journal entries are reviewed by the Deputy Manager before posting.
A reconciliation is performed between the general ledger and subsidiary ledgers.
A trial balance is generated and reviewed for accuracy.
Any discrepancies are investigated and resolved before finalizing the month-end close.
A post-closing trial balance is generated to ensure all accounts are properly closed.
An external audit is conducted ...read more
Q2. What is meant by capital markets and what is your job role
Capital markets refer to financial markets where long-term debt or equity-backed securities are bought and sold.
Capital markets are where companies and governments raise long-term funds through the issuance of stocks and bonds.
Investors buy these securities in the hope of earning a return on their investment.
As a Deputy Manager, my job role may involve overseeing trading activities, managing risk, and ensuring compliance with regulations in the capital markets.
I may also be r...read more
Q3. What types of accruals?
Accruals are expenses incurred but not yet paid or recorded in the books.
Accrued salaries and wages
Accrued interest
Accrued taxes
Accrued rent
Accrued utilities
Accrued warranty expenses
Q4. What are your coding skills
I have strong coding skills in multiple languages and frameworks.
Proficient in Java, Python, and JavaScript
Experience with frameworks such as Spring, Flask, and React
Familiarity with database technologies like MySQL and MongoDB
Ability to write clean, efficient, and maintainable code
Continuously learning and staying up-to-date with new technologies
Q5. Transformation projects handled
I have handled multiple transformation projects in my previous roles.
Led a team to implement a new CRM system resulting in a 30% increase in sales
Managed the transition to a paperless office resulting in a 50% reduction in printing costs
Implemented a new project management tool resulting in a 20% increase in project completion rate
Streamlined the hiring process by implementing an applicant tracking system resulting in a 40% reduction in time-to-hire
Q6. Project stabilization methodology
Project stabilization methodology refers to the process of ensuring that a project is completed successfully and is sustainable in the long run.
It involves identifying and addressing any issues or risks that may arise during the project lifecycle.
It includes implementing measures to ensure that the project meets its objectives and delivers the expected benefits.
Examples of project stabilization methodologies include risk management, change management, and quality assurance.
Th...read more
Q7. Difference between forecast and budget
Forecast and budget are both financial planning tools, but they differ in terms of purpose, time frame, and level of detail.
Forecast is an estimate of future financial performance based on historical data and market trends.
Budget is a financial plan that outlines expected revenues and expenses for a specific period, usually a year.
Forecasting is more flexible and can be adjusted frequently, while budgeting is more rigid and set for a fixed period.
Forecasts are often used for ...read more
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