Question Bank: General Finance

Are you looking for your purple squirrel in General Finance? Not to worry, we here are ConveyIQ by Entelo are here to help with some questions that can help you locate your purple squirrel!

Below, you will find questions divided into sub-categories for General Finance.

Analytical Reasoning

1. Are you a good decision maker?
2. Tell us about any past critical situation in which you had to make an immediate decision? Give an example of a situation in which you had to make a decision when you didn’t have all the facts available. What process do you follow for making decisions for these different circumstances and were you satisfied with the results?
3. Describe a specific accomplishment that demonstrates your analytical skills.
4. Describe your greatest accomplishment and your greatest failure.
5. Do you always take the process on your own? On what occasions do you recognize that you need other’s help? Do you always use established procedures to ensure that the correct action is taken?
6. Give me an example that demonstrates your ability to use a variety of approaches in your work.
7. Give us an example of a project that demonstrates your ability to work within a client’s budgetary constraints.
8. Give us an example of a project that relied heavily on quantitative analysis.
9. Give us an example of a project you have completed, focusing on the analytical component.
10. Give us an example of a time when you used your fact-finding skills to gain information needed to solve a problem. Then tell me how you analyzed the information and came to a decision, if applicable.
11. Give us an example that demonstrates your ability to manage a client’s billing and budgets.
12. How many square feet of pizza are eaten in the Unites States each month?
13. How would you go about valuing our (division or firm) for a potential sale, spin-off or liquidation?
14. Let’s assume that you are given an assignment that requires a different methodology than you typically use. Have you ever experienced this type of situation? How did you go about completing your work?
15. Tell us about an assignment for which you had little or no previous experience. What strategy did you adopt to complete the assignment?
16. What is the percentage of time you currently spend on the job dealing with analytical reports, analyses, and comparisons? Tell me about a recent project that was primarily numbers oriented. Walk me through your procedure and thought processes.
17. What is the toughest analytical problem you faced and how did you solve it?
18. What tools do you currently use on the job to aid you in quantitative analysis?

Cultural Fit

1. Describe the management style that will bring forth your best work and efforts.
2. Describe the work environment or culture in which you are most productive and happy.
3. Describe what you believe are the most effective roles that a good manager plays in his or her relationship with reporting staff members.
4. Do you have a best friend at work? How do you feel about becoming friends with your coworkers? Is this a wise practice?
5. Give me an example when unfair demands were put on you.
6. How would coworkers describe the role that you play on a team?
7. How would reporting staff members describe their relationship with you? What would they like to see you do more of, less of, start, and stop?
8. How would your coworkers describe your work style and contributions in your former job?
9. In your experience, how does an organization encourage your use of your discretionary energy and effort, that willingness each employee has, to go the extra mile, push harder, spend more time, and do whatever is necessary to get the job done?
10. Provide an example of a time when you went out of your way and jumped through hoops to delight a customer.
11. Tell us about a decision that you made that was made based primarily on customer needs and input.
12. Tell us about an occasion when you believe that you delighted a customer, either an internal or an external customer.
13. What are the characteristics exhibited by the best boss you have ever had - or wished that you have had?
14. What are the positive aspects of your current job and work environment, or the last position you held before coming to this interview?
15. What are the three to five expectations that you have of senior leaders in an organization where you will work successfully?
16. What is the single most important factor that must be present in your work environment for you to be successfully and happily employed? Now that you have answered that question, what were two others that you debated about before giving the response that you chose?
17. What is your preferred work style? Do you prefer working alone or as part of a team? What percentage of your time would you allocate to each, given the choice?
18. What might a study group peer say are your strengths and weaknesses?
19. When working with people, in general, describe your preferred relationship with them.
20. When you work with a team, describe the role that you are most likely to play on the team.

General Experience

1. Can you please explain the gaps in your resume?
2. Can you tell me a little bit about yourself?
3. Describe the finance functions within a company and where you see yourself fitting.
4. Do you consider yourself successful?
5. Do you enjoy working as part of a team?
6. How do you answer this question "what is company code".
7. How long would you expect to stay with this company if we hired you?
8. How to account freight cost, handling charges, purchase tax at the time of raising a Purchase Order?
9. Tell me about a time you had to present complex information to a client. How did you ensure the client understood?
10. What are your career goals?
11. What do you hope to gain by working in this company?
12. What do you know about our industry?
13. What is the difference between account payable and bills payable?
14. What is a reconciliation statement?
15. What was your biggest challenge with your previous boss?
16. Why are you interested in working with this company?

Most Popular Questions

1. Describe a recent M&A transaction that you’ve read about.
2. How do you gather information to solve problems? Give me an example.
3. Tell me about some project you initiated? What prompted you to begin them?
4. Where do you see yourself five years from now?

Technical Skills

1. Can you explain me the flow in General ledger?
2. How can you create Budgets for daily pods?
3. How do debtors play their role in Accounts receivable?
4. How important is Accounts receivable to business?
5. How to use special and pair value sets?
6. How would you explain net present value to non-finance major?
7. If the US dollar weakens, should interest rates rise, fall or stay the same? (answer, rise)
8. If you have reviewed our recent operating results, how would you describe our financial position? Areas of strength and weakness?
9. Walk me through the major line items on a Cash Flow Statement
10. What are the goals of Accounts receivable?
11. What do you mean by Accounts payable cycle?
12. What experience have you had in fixed assets accounting?
13. What if 2 companies have the same value of P/E ratios, which company does you think is better?
14. What is consolidation?
15. What is our company’s stock price? How would you forecast the future stock price for next year?
16. What is Trial Balance?
17. What’s a Price/Earning (P/E) ratio and how do you use it?
18. What specific steps do you utilize in solving workplace problems?
19. When would you write a call option on Disney stock? (answer, when you expect the price of Disney stock to fall (or stay the same))
20. Who is responsible for maintaining the Accounts receivable in an organization?
21. Why is depreciation not charged on land?