Finance Shared Services Manager

Finance Shared Services Manager Interview Questions and Answers

Updated 29 Nov 2022

Q1. How is the candidate controlling the revenue leackage

Ans.

The candidate controls revenue leakage through various measures and processes.

  • Implementing robust internal controls to prevent revenue leakage

  • Regularly monitoring and analyzing financial data to identify any discrepancies or irregularities

  • Implementing effective billing and invoicing processes to ensure accurate and timely revenue recognition

  • Conducting regular audits to identify and rectify any revenue leakage

  • Implementing strong contract management processes to ensure complian...read more

Q2. How are you handling the pending debit balance?

Ans.

To handle pending debit balances, I analyze the reasons for the balances, communicate with relevant stakeholders, and take appropriate actions to resolve them.

  • Analyze the reasons for the pending debit balances

  • Communicate with relevant stakeholders to understand the situation

  • Take appropriate actions to resolve the balances

  • Examples: Investigating billing errors, contacting customers for payment, adjusting accounts

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