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Wood Group Interview Questions, Process, and Tips
Top Wood Group Interview Questions and Answers
- Q1. What is unbilled data or accrual data? Why it important to clear unbilled data?asked in Billing Accountant interview
- Q2. Where do we mention Accounts Payable in Balance Sheet?asked in Senior Analyst interview
- Q3. What is todo list in SP3D, Which type of error may be there,how to encounter them.asked in Piping Designer interview
Wood Group Interview Experiences
58 interviews found
Anonymous
I applied via Naukri.com and was interviewed in May 2022. There were 2 interview rounds.
(6 Questions)
- Q1. First of all you should be experienced, minimum of 2 years of experience is required for this position for a good salary.
- Q2. Prepare yourself with a good knowledge of invoice, important thing which should be mentioned in invoice. Learn what is unbilled and accrual accounting and data. Gold rules of accounting. Credit note and ty...
- Q3. What is unbilled data or accrual data? Why it important to clear unbilled data?
- Ans.
Unbilled data or accrual data refers to revenue that has been earned but not yet billed to the customer.
Unbilled data is a common term used in accounting to describe revenue that has been recognized but not yet invoiced.
Accrual data refers to expenses that have been incurred but not yet recorded in the accounting system.
Clearing unbilled data is important to ensure accurate financial reporting and to prevent revenue le...
- Q4. What is cash forecast and what are the golden rules of accounting?
- Ans.
Cash forecast is a projection of future cash inflows and outflows. Golden rules of accounting are basic principles to maintain accurate financial records.
Cash forecast helps in managing cash flow and planning for future expenses.
Golden rules of accounting are: debit the receiver, credit the giver; debit what comes in, credit what goes out; and debit expenses and losses, credit income and gains.
These rules ensure accura...
- Q5. What is a credit note, why do we use credit notes any five points in invoice where we have to use credit notes?
- Ans.
A credit note is a document issued by a seller to a buyer, indicating that a certain amount has been credited back to the buyer's account.
Credit notes are used to correct errors in invoices.
They are also used to adjust the amount owed by a customer.
Credit notes can be issued for returned goods or cancelled services.
They can also be used to give a discount or refund to a customer.
Credit notes are important for maintaini
- Q6. What is a payment term and what is a credit period?
- Ans.
Payment term is the time period within which a customer is required to pay for goods or services. Credit period is the time period for which a customer is allowed to delay payment.
Payment term is agreed upon by the seller and buyer during a transaction.
It can be expressed in days, weeks, or months.
For example, a payment term of 30 days means the customer must pay within 30 days of receiving the invoice.
Credit period is...
(2 Questions)
- Q1. Introduce yourself, tell something about your profile in your organisation.
- Q2. Why do you want to leave your current company and why do you want to join Wood groups?
Interview Preparation Tips
Top Wood Group Billing Accountant Interview Questions and Answers
Billing Accountant Interview Questions asked at other Companies
Simple aptitude questions
This is a shortlisting round, and many technically knowledgeable individuals did not qualify for this stage.
(2 Questions)
- Q1. Which flow system is more effective: countercurrent flow or concurrent flow, and what are the reasons for this?
- Ans.
Countercurrent flow is more effective due to increased concentration gradient and better utilization of resources.
Countercurrent flow allows for a greater concentration gradient between the two fluids, leading to more efficient mass transfer.
Countercurrent flow also allows for better utilization of resources as the fluids are in contact for a longer period of time.
Concurrent flow, on the other hand, results in a lower ...
- Q2. What is the procedure for designing a heat exchanger?
- Ans.
The procedure for designing a heat exchanger involves determining heat transfer requirements, selecting appropriate materials, designing the geometry, and analyzing performance.
Determine the heat transfer requirements based on the fluids involved, flow rates, temperatures, and desired heat transfer rate.
Select appropriate materials for the heat exchanger based on compatibility with the fluids, operating conditions, and...
Interview Preparation Tips
Production Graduate Engineer Trainee Interview Questions asked at other Companies
(3 Questions)
- Q1. How many types of Heat exchangers ?
- Ans.
Different types of heat exchangers include shell and tube, plate, finned tube, and double pipe.
Shell and tube heat exchanger
Plate heat exchanger
Finned tube heat exchanger
Double pipe heat exchanger
- Q2. What is FEED means
- Ans.
FEED stands for Front End Engineering Design.
FEED is a phase in the project development process where the basic engineering of a project is conducted before detailed design.
It helps in defining the scope, budget, and schedule of a project.
FEED is essential for identifying potential issues early on and minimizing risks.
Examples of FEED documents include process flow diagrams, equipment lists, and preliminary layouts.
- Q3. What are the challenges you encounter during procurement process
- Ans.
Challenges in procurement process include supplier management, cost control, and supply chain disruptions.
Supplier management - Ensuring timely delivery, quality control, and relationship management.
Cost control - Balancing quality and price, negotiating contracts, and managing budget constraints.
Supply chain disruptions - Dealing with delays, shortages, and unexpected events like natural disasters or political issues.
Buyer Interview Questions asked at other Companies
(2 Questions)
- Q1. Control Valve datasheet details.
- Q2. PSV scenarios calculations
Senior Process Engineer Interview Questions asked at other Companies
Wood Group interview questions for popular designations
I applied via Campus Placement and was interviewed in Aug 2024. There was 1 interview round.
Question where asked from trains,permutation and some grammer
Interview Preparation Tips
- Transformers
- basic aptitude
Design Engineer Interview Questions asked at other Companies
Get interview-ready with Top Wood Group Interview Questions
(1 Question)
- Q1. Could you provide an explanation of your current job profile?
Principal Engineer Interview Questions asked at other Companies
Jobs at Wood Group
Selected
I applied via Company Website and was interviewed in Dec 2023. There was 1 interview round.
(9 Questions)
- Q1. Scenario Based Questions
- Q2. Achievements & Lead Project details asked
- Q3. 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 Debit-What-Comes-In and Credit-What-Goes-Out rule.
The second golden rule is the Debit-All-Expenses-and-Losses and Credit-All-Incomes-and-Gains rule.
The third golden rule is the Debit-The-Receiver and Credit-The-Giver rule.
These rules ensure that every financial transaction is properly reco...
- Q4. Types of Billing
- Ans.
There are various types of billing, including hourly billing, project-based billing, retainer billing, and subscription billing.
Hourly billing: Charging clients based on the number of hours worked.
Project-based billing: Charging clients a fixed fee for completing a specific project.
Retainer billing: Charging clients a recurring fee for ongoing services.
Subscription billing: Charging clients a regular fee for access to ...
- Q5. What is Time to be billed?
- Ans.
Time to be billed refers to the amount of time spent on a task or project that can be invoiced to a client or customer.
Time to be billed is the duration of work that can be charged to a client.
It includes the time spent on tasks directly related to the client's project.
This can include billable hours for services rendered, such as consulting, legal work, or professional services.
Non-billable time, such as internal meet...
- Q6. KRAs, KPIs, personal details like family members, hobbies, work life balance, hybrid mode preferred, notice period etc.
- Q7. As a biller, what will you do if your manager asked you to create an invoice for 1 million when there is already an outstanding amount prevailing for 20 million of a big valuable customer?
- Ans.
I would discuss the situation with my manager and propose an alternative solution.
Discuss the situation with the manager to understand the reasoning behind the request
Propose an alternative solution such as splitting the invoice into smaller amounts or adjusting the outstanding amount
Consider the impact on the customer relationship and the company's financial stability
- Q8. Accrued Revenue, Deferred Revenue/Expenses
- Q9. Why want to join Wood and leave your current organization?
Interview Preparation Tips
Top Wood Group Billing Accountant Interview Questions and Answers
Billing Accountant Interview Questions asked at other Companies
(5 Questions)
- Q1. Offshore relevant questions about platforms, fpso’s related to layout arrangements
- Q2. Wellhead platform arrangements and requirements
- Ans.
Wellhead platform arrangements and requirements involve the design and layout of structures for drilling and production operations.
Wellhead platforms are structures located above the wellhead to support drilling and production equipment.
Arrangements must consider factors such as well spacing, equipment layout, and safety regulations.
Requirements may include weight capacity, access for maintenance, and environmental con...
- Q3. PMS, VMS selection and Pipe Material specification's related questions
- Q4. Procurement related TBE, CBE with quotations
- Q5. Overall management skills and presentation skills
Senior Principal Engineer Interview Questions asked at other Companies
(2 Questions)
- Q1. Why do you want to work on wood
- Q2. How do deal with your stress
Associate Engineer Interview Questions asked at other Companies
(1 Question)
- Q1. Why do you want to work on wood
Engineer Interview Questions asked at other Companies
Abdul kader Jailani
Selected
I was interviewed before Feb 2024.
(1 Question)
- Q1. Just technical question
(1 Question)
- Q1. Only one round. Only technical question snd tool test.
Interview Preparation Tips
Top trending discussions
Wood Group Interview FAQs
Some of the top questions asked at the Wood Group interview -
The duration of Wood Group interview process can vary, but typically it takes about less than 2 weeks to complete.
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Wood Group Interviews By Designations
- Wood Group Billing Accountant Interview Questions
- Wood Group Design Engineer Interview Questions
- Wood Group Structural Engineer Interview Questions
- Wood Group Process Engineer Interview Questions
- Wood Group Engineer Interview Questions
- Wood Group Accountant Interview Questions
- Wood Group Senior Engineer Interview Questions
- Wood Group Senior Analyst Interview Questions
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Interview Questions for Popular Designations
Wood Group Interview Process
based on 54 interviews
Interview experience
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Wood Group Reviews and Ratings
based on 448 reviews
Rating in categories
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Accountant
220
salaries
|  ₹0 L/yr - ₹0 L/yr |
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Process Engineer
113
salaries
| ₹0 L/yr - ₹0 L/yr |
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Billing Accountant
96
salaries
| ₹0 L/yr - ₹0 L/yr |
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Accounts Payable Accountant
67
salaries
| ₹0 L/yr - ₹0 L/yr |
|
Payroll Administrator
64
salaries
| ₹0 L/yr - ₹0 L/yr |
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