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Blenheim
Chalcot
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Blenheim Chalcot Financial Associate Interview Questions and Answers
Blenheim Chalcot Financial Associate Interview Experiences
2 interviews found
Anonymous
Selected
I applied via Job Portal and was interviewed in May 2024. There were 4 interview rounds.
(2 Questions)
- Q1. What is Accounts payable
- Ans.
Accounts payable is the amount of money a company owes to its suppliers for goods or services purchased on credit.
Accounts payable is a liability on the company's balance sheet.
It represents the amount of money the company owes to its vendors or suppliers.
Accounts payable is typically recorded when an invoice is received from the supplier.
Examples include payments for inventory, utilities, rent, and other expenses.
Mana...
- Q2. What is p2p cycle and what do you know about P.O
- Ans.
P2P cycle refers to the procure-to-pay process in which goods or services are ordered, received, and paid for. A P.O. (purchase order) is a document issued by a buyer to a seller outlining the details of a purchase transaction.
P2P cycle involves requisitioning, purchasing, receiving, and paying for goods or services
Purchase Order (P.O.) is a document issued by a buyer to a seller specifying the details of the purchase,...
(2 Questions)
- Q1. What is depreciation
- Ans.
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reduces the value of an asset over time.
It reflects the wear and tear, age, and obsolescence of the asset.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Examples of depreciable assets include buildings, vehicles, machinery, and e...
- Q2. Basic Journal entries
(2 Questions)
- Q1. Explain any situation where you used your strengths
- Q2. What is the benefit of charging depreciation in P&L
- Ans.
Charging depreciation in P&L helps in spreading the cost of an asset over its useful life, matching expenses with revenues.
Depreciation helps in accurately reflecting the wear and tear of assets over time.
It allows for the allocation of the cost of an asset over its useful life, rather than expensing it all at once.
By charging depreciation, the profit and loss statement reflects the true cost of using the asset to gene...
(2 Questions)
- Q1. Are you planning for further studies
- Ans.
I am considering further studies to enhance my skills and knowledge in finance, aiming for professional growth and career advancement.
I am exploring options for a Master's in Finance to deepen my understanding of financial markets.
Certifications like CFA or CPA are on my radar to improve my qualifications and job prospects.
I believe continuous learning is essential in finance due to its ever-evolving nature.
- Q2. What is something that you are not good at
Interview Preparation Tips
- A.p
- Brs
Selected
I applied via Approached by Company and was interviewed in May 2024. There were 3 interview rounds.
(1 Question)
- Q1. What is account payable?
- Ans.
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
Accounts payable is a liability on the company's balance sheet.
It represents the short-term debt that must be paid off within a specific period.
Examples include invoices from suppliers for raw materials, utilities, or services.
Managing accounts payable effectively is crucial for maintaining good ...
(1 Question)
- Q1. What is the GRNI?
- Ans.
GRNI stands for Goods Received Not Invoiced, a financial term used to track goods that have been received by a company but not yet invoiced by the supplier.
GRNI helps in tracking the liability of a company for goods received but not yet paid for.
It is important for accurate financial reporting and inventory management.
GRNI can indicate potential issues with the accounts payable process or discrepancies in inventory rec...
(1 Question)
- Q1. How will you manage travel?
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I applied via Referral and was interviewed before Jul 2020. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. SQL joins,group by ,window functions ,difference between where and having syntax and python manipulation questions such as subsetting ,aggregation ,pivot ,group by .Guesstimate to find total number of traf...
Interview Preparation Tips
I appeared for an interview in Feb 2021.
Interview Questionnaire
1 Question
- Q1. Project, thesis, sql joins, rank function, palindrome.
Interview Preparation Tips
Good projects help.
I applied via LinkedIn and was interviewed before Jan 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. There were 2 rounds .1. A coding round which had easy to moderate level interview questions 2. A technical interview where the previous projects were discussed
Interview Preparation Tips
Prepare well on Python, SQL and be good at solving analytical problems
(1 Question)
- Q1. Mostly based on your resume, prepare to answer whatever you kept on resume. Still prepare well on Python, SQL... Go through AWS/Datawarehouse concepts if role is Data Engineering position
(1 Question)
- Q1. Lightly on Technical side, Mostly on testing how you're able to solve business problems
4 SQL questions, complexity 7/10
(2 Questions)
- Q1. Previous projects
- Ans.
I worked on various projects involving data analysis, market research, and process optimization across different industries.
Conducted a market analysis project for a tech startup, identifying key trends and customer preferences.
Developed a predictive model for sales forecasting using historical data, improving accuracy by 20%.
Collaborated with cross-functional teams to streamline reporting processes, reducing time spen...
- Q2. In and around ML models
(2 Questions)
- Q1. Usual, simple behavioural
- Q2. Expected package
Selected
I applied via Referral and was interviewed before Jun 2023. There were 4 interview rounds.
Topics will be mainly SQL and few python questions. Duration-3min to 1hr
(3 Questions)
- Q1. What is CLT theorem and what are its uses
- Ans.
CLT theorem states that the distribution of sample means approaches a normal distribution as sample size increases.
Central Limit Theorem (CLT) is a fundamental concept in statistics that states that the distribution of sample means approaches a normal distribution as the sample size increases.
It is used in hypothesis testing, confidence intervals, and in estimating population parameters.
CLT is essential in making infer...
- Q2. Asked to write SQL queries which uses join and window functions
- Ans.
SQL queries using joins and window functions to analyze and manipulate data effectively.
Joins combine rows from two or more tables based on a related column. Example: SELECT * FROM orders JOIN customers ON orders.customer_id = customers.id;
Window functions perform calculations across a set of table rows related to the current row. Example: SELECT employee_id, salary, RANK() OVER (ORDER BY salary DESC) AS salary_rank FR...
- Q3. Explain ML Data preparation and EDA steps in detail. What are major steps in preprocessing
- Ans.
ML data preparation involves cleaning, transforming, and organizing data for analysis. EDA involves exploring and visualizing data to understand its characteristics.
Data cleaning: removing missing values, handling outliers, and dealing with duplicates
Data transformation: encoding categorical variables, scaling numerical features, and creating new features
Data organization: splitting data into training and testing sets,...
(3 Questions)
- Q1. Mainly interviewer checked how sound I was in different concepts like statistics, ML
- Q2. Asked simple DL questions
- Q3. Guestimates- like how much milk is consumed in your city on average. Give an estimate and show your structured way of arriving at that value
- Ans.
Estimate the average milk consumption in a city using population and consumption per person.
Determine the population of the city. For example, if the city has 1 million residents.
Estimate average milk consumption per person. For instance, if each person consumes about 1 liter of milk per week.
Calculate total weekly consumption: 1 million people * 1 liter = 1 million liters per week.
Convert weekly consumption to monthly...
(3 Questions)
- Q1. Why you want to join our comany?
- Q2. What made you leave your previous organization
- Q3. Salary negotations
Skills evaluated in this interview
I applied via Campus Placement and was interviewed in Jan 2022. There were 4 interview rounds.
Test was conducted on basic programming languages that consists of mcqs and coding questions
10-12 people are made into grps and are given a topic everyone has to support or oppose that particular topic within given time
(1 Question)
- Q1. Asked to write codes for given programs and also asked some puzzles and keywords and their uses in python like break , pass, continue, and slicing operation etc...
(5 Questions)
- Q1. Why should we hire you?
- Q2. Where do you see yourself in 5 years?
- Q3. What are your strengths and weaknesses?
- Q4. Tell me about yourself.
- Q5. Everything went very well , main thing you require is communication skills. Hr is very friendly and even cracked jokes in middle. He asked about the movie I have seen lately and asked me to explain the sto...
Interview Preparation Tips
(2 Questions)
- Q1. SQL based questions
- Q2. Logic based questions
(2 Questions)
- Q1. Situation based questions
- Q2. Questions related to company
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Overall Interview Experience Rating
based on 2 interview experiences
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Blenheim Chalcot Financial Associate Reviews and Ratings
based on 4 reviews
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