Wood Group Interview Questions, Process, and Tips

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Q1. Could you provide an explanation of your current job profile?
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Q1. Scenario Based Questions
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Q2. Achievements & Lead Project details asked
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Q3. Golden Rules of Accounting
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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...read more
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Q4. Types of Billing
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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 ...read more
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Q5. What is Time to be billed?
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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...read more
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Q6. KRAs, KPIs, personal details like family members, hobbies, work life balance, hybrid mode preferred, notice period etc.
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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
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Q8. Accrued Revenue, Deferred Revenue/Expenses
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Q9. Why want to join Wood and leave your current organization?
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Q1. Offshore relevant questions about platforms, fpso’s related to layout arrangements
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Q2. Wellhead platform arrangements and requirements
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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...read more
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Q3. PMS, VMS selection and Pipe Material specification's related questions
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Q4. Procurement related TBE, CBE with quotations
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Q5. Overall management skills and presentation skills
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Q1. Why do you want to work on wood
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Q2. How do deal with your stress
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Q1. Why do you want to work on wood
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Q1. Just technical question
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Q1. Only one round. Only technical question snd tool test.
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