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Lodha & Company Senior Manager Internal Audit Interview Questions and Answers
Lodha & Company Senior Manager Internal Audit Interview Experiences
1 interview found
avi dargar
Selected
I appeared for an interview before Jun 2024, where I was asked the following questions.
- Q1. Whats your observation in past audit
- Ans.
In past audits, I observed key areas for improvement, compliance issues, and opportunities for operational efficiency.
Identified discrepancies in financial reporting, leading to improved accuracy in future statements.
Noticed a lack of adherence to internal controls, prompting a review and update of policies.
Found inefficiencies in the procurement process, resulting in recommendations that saved the company 15% annually...
- Q2. Will you continue for longer period
- Ans.
I am committed to long-term growth and stability, aligning my goals with the organization's vision and values.
I believe in building strong relationships within the team, which fosters collaboration and trust.
For example, in my previous role, I initiated a mentorship program that improved team retention and engagement.
I am dedicated to continuous learning and adapting to changes in the industry, ensuring I remain valuab...
Interview Preparation Tips
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Interview questions from similar companies
Anonymous
I applied via Naukri.com and was interviewed before Sep 2020. There were 4 interview rounds.
Interview Questionnaire
2 Questions
- Q1. What is the recent project you executed?
- Q2. An assignment and related questions
Interview Preparation Tips
Jitendra Alim
I applied via Campus Placement and was interviewed before Nov 2020. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Questions on Machine Learning, SQL, Excel, Python and Statistics
Interview Preparation Tips
Arpit Kumar Singhal
Interview Questionnaire
11 Questions
- Q1. Tell me about yourself
- Q2. Why Alvarez?
- Ans.
Alvarez is a reputable company with a strong track record in the industry.
Alvarez has a proven track record of success in the industry
The company has a reputation for quality and reliability
Alvarez has a strong commitment to customer satisfaction
The company offers a wide range of products and services to meet the needs of its customers
- Q3. Why consult?
- Q4. Work experience at Tata Steel.
- Q5. The case was printed and quite long. It was about auto components part and everything was given about it. Suggestions were to be given whether a new company should enter it or not. I was given time to read...
- Q6. Tell me something that is not mentioned in the CV
- Ans.
I have a passion for cooking and have won several local cooking competitions.
I enjoy experimenting with different cuisines and creating my own recipes.
I have taken cooking classes and workshops to improve my skills.
I have volunteered at a local soup kitchen to help prepare meals for the homeless.
I have a food blog where I share my recipes and cooking tips.
I have also catered small events for friends and family.
- Q7. How do your friends perceive you?
- Ans.
My friends perceive me as a reliable and supportive person who is always there for them.
Reliable and dependable
Supportive and empathetic
Good listener
Fun and easy-going
Honest and trustworthy
- Q8. Do you read management books?
- Ans.
Yes, I do read management books.
I believe that reading management books is essential to keep myself updated with the latest trends and techniques in the field.
I have read books like 'The Lean Startup' by Eric Ries, 'Good to Great' by Jim Collins, and 'The 7 Habits of Highly Effective People' by Stephen Covey.
These books have helped me develop my leadership skills, improve my decision-making abilities, and enhance my ov...
- Q9. One finance problem
- Q10. One current affairs question
- Q11. Any question would you like to ask me
Interview Preparation Tips
Experience: I had well prepared the initial questions – about myself, why consult and why Alvarez questions which helped me in gaining confidence. It was my only interview of the day so I was quite relaxed. The interviewers also seemed friendly.
Round: HR Interview
Experience: I hadn’t prepared ‘Something that is not mentioned in the CV’ question. I had to come up with on the spot answer which could have been better.
General Tips: Do well prepare your HR questions and work experience part. It really helps on the final day.
Skills:
College Name: IIM Lucknow
I applied via Referral
Interview Preparation Tips
Experience: There were 3 groups formed when the A&M team arrived on campus. A&M conducted 3 rounds of interviews for each candidate and after all the 3 groups had interviewed the candidate, they used to meet and decide on the candidate. Thus the procedure was elaborate but slow. All the interviews were personal interviews.
After waiting outside for almost 7 hours, the interviews were conducted in a very professional manner and the interviewers focus in knowing your past was crystal clear.
Each of the interviewer asked me to go through my resume in a detailed fashion. Each and every bullet point in my resume was questioned and cross questioned. But the interview was not stressful at any point in time. The key reason was that there were no lies in the resume and hence I was very sure about the background of every point (situation, what action I took, why I took that action, what I did, who helped me, how things eventually worked out and what was the result). There were some usual questions as well on strengths, etc. Such questions were few and were randomly thrown at you. Since A&M is mainly a client oriented company who as a part of turnaround would want to “get things done”, I kept all my answers focused towards this theme. Be aware that the interviewers may try to derail you in case you have very well rehearsed answers. So in between questions, there will be some side talk. That can put you off. So being relaxed would help you just laugh/smile that their comments and then continue where you left off. This interview was a walk-in interview for me on day 6, but I had planned on applying here before and hence had some overview of the firm and what it does. That helped me in asking several questions throughout the day. My questions were mainly on switching my focus from IT to operation and finance. At the end of the day, I was told to contact Amit Laud who would be conducting my interview from his base location. This interview was also a personal interview. I googled him and found some details on him. He was an MBA from Wharton, done a stint in Mckinsey, GE and now was the acting CIO for some client company so some questions on IT implementation would be due. I knew that if I get through then I might end up working for him.
Tips: Keep your cool. It is not important to know how to fix laptop or how to fix account statements (if you are CA). But it was more about how you handle such deliberate distracting situations (as if they were your clients) and make the atmosphere friendly.
Skills: HR Skills
College Name: Indian School Of Business (ISB)
Interview Questionnaire
2 Questions
- Q1. Analyse the hair care industry for a company that wants to enter the Indian market; Given the profits of two companies, where would you invest
- Ans.
The hair care industry in India is growing rapidly, with increasing demand for natural and organic products. Investment decision depends on company goals and market research.
India's hair care industry is expected to reach $13.3 billion by 2025
Growing demand for natural and organic products
Strong competition from established brands like Dove, Pantene, and L'Oreal
Opportunities for niche players in the market
Investment de...
- Q2. HR questions (leadership experiences, why does the profile interest you etc.)
Interview Preparation Tips
Experience: I was calm throughout the process, had practiced more difficult case studies for other consulting interviews, so the one asked in this interview seemed simple.
General Tips: Understand the work profile well before interviewing. Have basic financial concepts in place (basic FRA knowledge form the 1st term would suffice), read a little about M&As.
Skills:
College Name: IIM Lucknow
Interview Questionnaire
6 Questions
- Q1. The case given to me dealt with 2 skin care companies, market leaders in their segment. 2 new market companies had entered the market eroding off the market share of the established firms. Data reading wor...
- Q2. Discuss the current market situation?
- Ans.
The current market situation is volatile due to the ongoing COVID-19 pandemic and geopolitical tensions.
The COVID-19 pandemic has caused disruptions in global supply chains and reduced consumer demand.
Geopolitical tensions, such as the US-China trade war, have led to uncertainty and market fluctuations.
The technology sector has been performing well, while industries such as travel and hospitality have been hit hard.
Inv...
- Q3. What should be the strategy of SkinCareIndiaPvt.Ltd( the market player in the mass market segment)
- Ans.
SkinCareIndiaPvt.Ltd should focus on product innovation, competitive pricing, and effective marketing strategies.
Invest in research and development to create innovative products
Offer competitive pricing to attract price-sensitive customers
Implement effective marketing strategies to increase brand awareness and customer loyalty
Expand product line to cater to different customer needs
Partner with influencers and beauty bl...
- Q4. If you are a PE which firm would you invest in?
- Ans.
I would invest in a firm with a strong management team, a clear growth strategy, and a solid financial track record.
Look for firms with experienced and successful leaders
Research the company's growth potential and plans for expansion
Analyze the company's financial statements and performance history
Consider the industry and market trends
Examples: Blackstone, KKR, Carlyle Group
- Q5. A finance question regarding P&L statement of 2 companies were asked
- Q6. Questions regarding why interested in finance, why consulting etc
Interview Preparation Tips
Experience: In the first round of the interview these questions were discussed in detail and various other scenarios were also taken into consideration
Round: Technical Interview
Experience: I think I was able to justify my interest in finance which added to my cause.
Skills:
College Name: IIM Lucknow
I applied via Campus Placement and was interviewed before May 2020. There were 3 interview rounds.
Interview Questionnaire
4 Questions
- Q1. Case study on telecom industry in Bangladesh
- Q2. How would you do a competitor analysis?
- Ans.
Competitor analysis involves identifying and evaluating the strengths and weaknesses of competitors.
Identify competitors in the market
Gather information on their products/services, pricing, marketing strategies, and target audience
Analyze their strengths and weaknesses
Compare their offerings to your own
Identify opportunities and threats in the market
Use SWOT analysis to summarize findings
- Q3. Technical questions around ANOVA, MANOVA, hypothesis testing, p-value, Variance inflation factor, regression analysis, classification
- Q4. Why do you want to join A&M?
Interview Preparation Tips
Consultant Interview Questions & Answers
Thoucentric
Vishnu Vardhan Reddy Pulikanti
posted on 25 Aug 2022
I applied via Naukri.com and was interviewed before Aug 2021. There were 2 interview rounds.
(2 Questions)
- Q1. Its regarding real time experience and concepts related to power BI, Sql.
- Q2. Some questions related to perceptions on company and growth expected in future.
(1 Question)
- Q1. Its all about different scenarios on which i worked on, team sizes, roles and responsibilities and questions on chosing this company and path.
Interview Preparation Tips
- Power query
- Dax
- Data modelling
- Row Level security
- Visuals
- Reports
- Workspaces
- Work scenarios
- Sql joins
- Indexes
- Views
- Ranking functions
- Identity function
- And some queries on the same
I applied via Approached by Company and was interviewed in Dec 2022. There were 3 interview rounds.
(1 Question)
- Q1. Basic questions on background etc
(1 Question)
- Q1. Supply demand questions
Interview Preparation Tips
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