manager fp&a

manager fp&a Interview Questions and Answers

Updated 18 Jun 2024

Q1. difference between budgeting and forecasting ??

Ans.

Budgeting involves setting financial goals and allocating resources, while forecasting predicts future financial outcomes based on current data.

  • Budgeting is a plan for the future, outlining expected revenues and expenses.

  • Forecasting is a prediction of future financial outcomes based on historical data and trends.

  • Budgeting helps in setting financial goals and allocating resources effectively.

  • Forecasting helps in making informed decisions based on predicted financial outcomes.

  • B...read more

Q2. What was Genpact growth

Ans.

Genpact's growth has been steady over the years, with consistent revenue and client expansion.

  • Genpact has shown consistent revenue growth year over year.

  • The company has expanded its client base globally.

  • Genpact has also diversified its service offerings to drive growth.

  • Acquisitions have played a key role in Genpact's growth strategy.

Q3. What you know about Genpact

Ans.

Genpact is a global professional services firm specializing in digital transformation, analytics, and finance & accounting services.

  • Genpact was founded in 1997 as a business unit within General Electric and later became an independent company.

  • It offers services in areas such as finance & accounting, procurement, supply chain, analytics, and digital transformation.

  • Genpact serves clients in various industries including banking, healthcare, manufacturing, and retail.

  • The company ...read more

Q4. Run through resume

Ans.

Experienced finance professional with strong FP&A background

  • Started career in finance at XYZ company

  • Managed budgeting and forecasting processes

  • Implemented cost-saving initiatives resulting in 10% reduction in expenses

  • Led cross-functional teams to analyze financial performance

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