Finance Associate Interview Questions

Finance Associate Interview Questions

Finance associates utilize a wide variety of basic financial functions to provide clients with advice and guidance on strategic planning for long-term financial decisions. Companies and individuals look to them for financial expertise when deciding on a broad range of financial matters including investments and annual budgets.

Top Finance Associate Interview Questions & How to Answer

Question 1

Question #1: Can you explain the steps needed in the tax preparation process?

How to answer
How to answer: This open-ended question is designed to test your fundamental knowledge base of the financial skills involved in the process of preparing taxes, tax calculations, and your ability to contribute to their team. You should work through a sample scenario of tax preparation with a client from beginning to end, highlighting areas in which your knowledge base is exceptional.
Question 2

Question #2: Have you ever guided staff or a colleague on financial regulation compliance? If so, what was your process? If not, how would you approach this?

How to answer
How to answer: This open-ended question demonstrates your knowledge of standards, industry regulations, and fiscal policies. It also provides proof of your ability to promote best practices when it comes to financial regulation compliance. Provide an example of working with a team through this process. If you have not guided anyone through this process, provide best practice steps and how you would work through them with a team.
Question 3

Question # 3: What is your preferred financial software? Why?

How to answer
How to answer: This open-ended question is designed to showcase your knowledge of available financial software and your ability to evaluate the proficiency and applicability of such software. If possible, speak to several financial software options in which you are proficient so you can further demonstrate your breadth of knowledge in this area. Share how you have used or would use these software options.

34,975 finance associate interview questions shared by candidates

On the interview date, HR announced to all interviewee that, all have proven themselves on written exam, now for final selection we will see the compatibility of candidate with our organisation. Any way interview started one by one. It was total unprofessional team, manner, thoughts. They didnt ask technical question to any candidate. Like other PSUs , they were not having any other member from outside of the organisation. They asked only two question to all 1. intro your self & 2. why do you want to join MDL. Any way after one month result came & what I found that the persons those are selected not having required/desired experience as sought on advertisement. They were having only shining/white face. It is very much understood that it is very difficult to make final selection from shortlisted candidates with out asking a single functional/ technical question. I feel, It was total time, money & effort waste to wards apply to this post. Total eight months were wastage by MDL.
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Assistant Manager Finance

Interviewed at Mazagon Dock Limited

4.2
Apr 12, 2017

On the interview date, HR announced to all interviewee that, all have proven themselves on written exam, now for final selection we will see the compatibility of candidate with our organisation. Any way interview started one by one. It was total unprofessional team, manner, thoughts. They didnt ask technical question to any candidate. Like other PSUs , they were not having any other member from outside of the organisation. They asked only two question to all 1. intro your self & 2. why do you want to join MDL. Any way after one month result came & what I found that the persons those are selected not having required/desired experience as sought on advertisement. They were having only shining/white face. It is very much understood that it is very difficult to make final selection from shortlisted candidates with out asking a single functional/ technical question. I feel, It was total time, money & effort waste to wards apply to this post. Total eight months were wastage by MDL.

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