BPO Interview Tips

Q. What are the qualities required for a good Finance and Accounting executive?

A. Calculation and abilities to work with figures, patience and composed mind, strong analytical skills, self discipline and interpersonal skills.

Q. What made you apply for the position of Financial and Accounting Executive?

A. Since early days I was always interested in maths and numbers. When I took up accounting as a major I was fascinated that how maths is applied to business to improve performance of a business and its usage in doing forecasting. I then decided that I want to make a career in this field.

Q. What are your career goals?

A. In the short run I want to learn new things and gain hands on experience in this field. However, in the long run I dream to become a good CFO of an organization.

Q. How do you keep yourself updated about developments in the financial world?

A. I make it a point to read business newspapers every morning. Attending seminars, reading business magazines and watching business channels are other means of updating myself.

Q. How many invoices do you handle in a particular week/month?

A. If you are experienced candidate in this profession you should be able to tell the interviewer the exact figures of invoices that you handled in a particular time frame. Inability to clearly list down the number gives a bad impression to the interviewer.

Q. Walk me through a Cash Flow statement?

A. Start from net income and go through major adjustments like Depreciation, Deferred Taxes etc. Tell them how does one arrive at Cash flow from investing activities, Cash flow from financing activities, total change of cash and finally end of period cash balance.

Q. What is Working Capital?

A. Working Capital is current assets-current liabilities. It tells the financial statement user how much cash is tied up in the business through items such as receivables and inventories and also show how much cash is needed to meet up short term obligations.

Q. Is it possible for a company to show positive cash flows and be in grave trouble?

A. Yes, if the company is selling off inventories and delaying payables or/and lack of revenues in the pipeline.