Falcon Marine Exports Finance Manager Interview Questions and Answers

I'm seeking new challenges and opportunities for growth in my finance career to leverage my skills and contribute to a dynamic team.

• Desire for professional growth: I want to take on more leadership responsibilities, as demonstrated in my previous role where I led a project team.

• Looking for a more dynamic environment: My current company has become stagnant, and I thrive in fast-paced settings that encourage innovation.

• A...read more

The recent budgets have seen major changes in tax rates, healthcare, and infrastructure spending.

• Reduction in corporate tax rates to boost investment

• Introduction of new tax regime with lower rates but without exemptions

• Increase in healthcare spending with focus on Ayushman Bharat scheme

• Allocation of funds for infrastructure development such as highways and railways

• Increase in customs duty on certain goods to promote do...read more

Major adjustments while finalizing accounts include accruals, depreciation, provisions, and adjusting entries.

• Accruals for expenses and revenues

• Depreciation for fixed assets

• Provisions for doubtful debts, warranties, and taxes

• Adjusting entries for errors and omissions

• Reconciliation of accounts

• Closing entries for temporary accounts

Factors considered while analysing a company's performance

• Financial statements (income statement, balance sheet, cash flow statement)

• Profitability ratios (ROE, ROA, gross profit margin)

• Liquidity ratios (current ratio, quick ratio)

• Debt ratios (debt-to-equity ratio, interest coverage ratio)

• Market performance (stock price, market share)

• Industry trends and competition

• Management effectiveness and strategy

• Economic and politi...read more

I expect to contribute to the team's success, drive financial strategies, and foster a collaborative work environment.

• Contribute to strategic financial planning by analyzing market trends and providing actionable insights.

• Enhance financial reporting processes to ensure accuracy and timeliness, similar to how I improved reporting efficiency by 20% in my previous role.

• Foster a collaborative team environment by encouragin...read more