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5.0 - 6.0 years
Hyderabad
Work from Office
Overview Finance Assistant Analyst - Commercial Finance Responsibilities Partner closely with cross-functional teams to manage P&L expectations -Provide overall support for the period end results and preparation of forecast -Providing insightful analysis of business results to senior management and perform ad-hoc analyses that lead to problem solving and business improving recommendations -Manage reporting and analysis process including periodic reporting, periodic forecast analysis -Collaborate with cross-functional teams on ad-hoc projects as requested -Create an inclusive and collaborative environment Qualifications 5 to 6 years of experience in finance and planning for postgraduates (com...
Posted 2 weeks ago
Exploring Accounts Finalisation Jobs in India
The job market for accounts finalisation roles in India is robust, with many companies seeking skilled professionals to handle their financial statements and ensure compliance with regulations. As a job seeker in this field, it is important to understand the top hiring locations, salary ranges, career progression, related skills, and common interview questions to better prepare for opportunities in this area.
Top Hiring Locations in India
- Mumbai
- Delhi
- Bengaluru
- Pune
- Chennai
These cities are known for their strong presence of multinational corporations, leading to a high demand for accounts finalisation professionals.
Average Salary Range
The average salary range for accounts finalisation professionals in India varies based on experience level: - Entry-level: INR 3-5 lakhs per annum - Mid-level: INR 6-10 lakhs per annum - Experienced: INR 12-20 lakhs per annum
Salaries may differ based on the location, company size, and industry.
Career Path
In the field of accounts finalisation, a typical career path may include roles such as: - Junior Accountant - Senior Accountant - Assistant Manager - Accounts - Manager - Accounts - Chief Financial Officer (CFO)
Progressing through these stages often involves gaining experience, obtaining relevant certifications, and demonstrating strong financial acumen.
Related Skills
In addition to expertise in accounts finalisation, professionals in this field may benefit from skills such as: - Financial analysis - Taxation knowledge - Auditing skills - Proficiency in accounting software - Communication and interpersonal skills
Interview Questions
- What is the importance of finalisation of accounts in a company? (basic)
- Can you explain the difference between financial accounting and management accounting? (medium)
- How do you ensure compliance with accounting standards during finalisation? (medium)
- What are the key components of a balance sheet? (basic)
- Have you ever encountered discrepancies during finalisation? How did you resolve them? (medium)
- How do you stay updated with changes in accounting regulations? (basic)
- Can you walk us through your experience with financial statement analysis? (medium)
- How do you handle tight deadlines during the finalisation process? (medium)
- What software do you use for accounts finalisation, and why? (basic)
- How do you approach reconciling accounts receivable and accounts payable? (medium)
- Explain the concept of depreciation and its impact on finalisation. (medium)
- What steps do you take to prevent fraud in financial statements? (medium)
- How do you ensure accuracy in financial reports? (basic)
- Can you discuss a challenging finalisation project you worked on and how you overcame obstacles? (medium)
- What are the key differences between GAAP and IFRS? (advanced)
- How do you handle intercompany transactions during finalisation? (medium)
- Describe a situation where you had to communicate financial information to non-financial stakeholders. How did you ensure clarity? (medium)
- What do you consider when preparing the cash flow statement during finalisation? (medium)
- How do you approach variance analysis in financial statements? (medium)
- Have you ever implemented process improvements in the finalisation process? If so, what was the outcome? (medium)
- How do you ensure data security and confidentiality during finalisation? (medium)
- What are your thoughts on automation in accounts finalisation? (basic)
- How do you handle disputes with vendors or clients during finalisation? (medium)
- Can you explain the concept of goodwill and its treatment in finalisation? (medium)
- How do you approach year-end closing procedures? (medium)
Closing Remark
As you explore opportunities in accounts finalisation in India, remember to showcase your expertise, stay updated with industry trends, and prepare thoroughly for interviews. With the right skills and knowledge, you can pursue a successful career in this dynamic field. Good luck!
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