Open Financial Technologies Private Limited Team Manager Interview Questions and Answers

Q1. Previous experience, team build up capability
Ans. 9 years, good
Answered Anonymously
View 1 more answer
Q2. How many FOS can you hire in 7 days
Ans. 
The number of FOS hired in 7 days depends on recruitment strategies, team size, and candidate availability.
• Assess current team capacity and workload to determine hiring needs.

• Utilize multiple recruitment channels (job boards, social media) to attract candidates.

• Streamline the interview process to reduce time-to-hire; for example, conduct group interviews.

• Leverage employee referrals to tap into existing networks for qui...read more
Answered by AI
View 1 more answer

Q1. Tell about yourself
Add your answer
Q2. Past experience
Add your answer
Q3. Last ctc salary
Ans. 
Discussing last CTC salary helps gauge expectations and market alignment for the Team Lead role.
• CTC stands for Cost to Company, which includes all benefits and allowances.

• For example, if my last CTC was $80,000, it included base salary, bonuses, and health benefits.

• It's important to consider the entire compensation package, not just the base salary.

• I believe in transparency regarding salary discussions to ensure mutual...read more
Answered by AI
Add your answer

Excel tests formulas of countifs sumifs

Q1. Why did you quit previous organization
Add your answer
Q2. How did you got to know about acko
Add your answer

Q1. Questions about past experience
Add your answer
Q2. Flexibility
Add your answer

Q1. Tell about yourself
Add your answer
Q2. Questions related to role
Add your answer

Q1. What are your salary expectations?
View 1 more answer
Q2. What is your family background?
Add your answer
Q3. Share details of your previous job.
Add your answer
Q4. Why should we hire you?
Add your answer
Q5. Tell me about yourself.
Add your answer

Q1. How will you manage call volume with a reduced staff capacity?
Ans. 
Managing call volume with reduced staff requires strategic prioritization, effective communication, and leveraging technology.
• Prioritize Calls: Implement a triage system to categorize calls based on urgency, ensuring critical issues are addressed first.

• Utilize Technology: Use call routing software to direct calls to the most qualified staff member available, improving efficiency.

• Enhance Self-Service Options: Develop an...read more
Answered by AI
Add your answer
Q2. How would you manage cross-functional processes if required by the organization or manager?
Ans. 
Managing cross-functional processes involves collaboration, clear communication, and aligning goals across different teams.
• Establish Clear Objectives: Define common goals for the cross-functional team to ensure everyone is aligned and understands the purpose of collaboration.

• Regular Communication: Schedule regular check-ins and updates to facilitate open dialogue among team members from different functions, ensuring tr...read more
Answered by AI
Add your answer
Q3. How comfortable are you with migration processes?
Ans. 
I am quite comfortable with migration processes, having led several successful migrations across various platforms and technologies.
• Experience with Cloud Migrations: I successfully led a migration from on-premises infrastructure to AWS, ensuring minimal downtime and data integrity.

• Database Migration: I managed a project that involved migrating a legacy SQL database to a modern NoSQL solution, optimizing performance and...read more
Answered by AI
Add your answer
Q4. What should be done if a promotion is not received within the expected timeframe of 2 to 4 years?
Ans. 
If a promotion is not received in 2-4 years, assess performance, seek feedback, and explore growth opportunities.
• Self-Assessment: Reflect on your contributions and performance. For example, identify key projects where you added value.

• Seek Feedback: Have open discussions with your manager about your performance and areas for improvement. This can provide clarity on expectations.

• Set New Goals: Establish clear, measurable...read more
Answered by AI
Add your answer
Q5. How do you plan to manage the monotony of this job?
Ans. 
To manage job monotony, I focus on continuous learning, team engagement, and process improvement to keep the work dynamic.
• Continuous Learning: I dedicate time each week to learn new skills or tools relevant to our projects, such as attending webinars or online courses.

• Team Engagement: I organize regular team-building activities or brainstorming sessions to foster collaboration and keep the team motivated.

• Process Improv...read more
Answered by AI
Add your answer

Q1. Goden rules of accounts, types of interest?
Ans. 
Golden rules of accounts include debit the receiver, credit the giver, and debit what comes in, credit what goes out. Types of interest include simple and compound interest.
• Golden rules of accounts are basic principles of accounting that guide the recording of financial transactions.

• Debit the receiver means that when a business receives something, it records it as a debit entry.

• Credit the giver means that when a busine...read more
Answered by AI
Add your answer
Q2. Real account, nominal account and personal account. simple and compound interest
Add your answer
Q3. Golden rules of accounts
Ans. 
Golden rules of accounts are basic principles that guide the preparation and presentation of financial statements.
• Maintain accuracy and completeness of financial records

• Ensure consistency in accounting policies and methods

• Separate personal and business transactions

• Record all transactions in a timely manner

• Maintain proper documentation and records

• Ensure compliance with accounting standards and regulations
Answered by AI
Add your answer

A basic aptitude test that focuses on pattern recognition, arithmetic calculations and English