Find Interview Questions for Top Companies
Ques:- What are the measures you will take when the company is running under loss?
Asked In :-
Right Answer:
1. Analyze financial statements to identify loss causes.
2. Reduce unnecessary expenses and improve cost management.
3. Increase sales through marketing and customer engagement.
4. Diversify product or service offerings to attract new customers.
5. Improve operational efficiency and streamline processes.
6. Reassess pricing strategies to enhance profitability.
7. Seek feedback from employees and customers for improvement.
8. Explore new markets or partnerships for growth opportunities.
9. Consider restructuring or downsizing if necessary.
10. Monitor progress and adjust strategies regularly.
Ques:- About Accounting Policies
Asked In :-
Right Answer:
Accounting policies are the specific principles, bases, conventions, rules, and practices applied by an entity in preparing and presenting its financial statements. They guide how transactions and events are recognized, measured, and reported.
Ques:- Tell me about your previous job
Asked In :-
Right Answer:
In my previous job, I worked as an Accounts Manager where I was responsible for managing client relationships, overseeing account performance, and ensuring customer satisfaction. I developed strategies to increase revenue, coordinated with cross-functional teams, and provided regular reports to senior management on account status and growth opportunities.
Ques:- How we reconcile the vendor account?
Right Answer:
To reconcile the vendor account, compare the vendor's statements with your accounts payable records. Check for discrepancies in invoices, payments, and credits. Adjust your records for any errors, and ensure that both your records and the vendor's records match. Finally, resolve any outstanding issues with the vendor to ensure accurate accounting.
Ques:- Managing a difficult situation.
Asked In :-
Right Answer:
To manage a difficult situation, I would first assess the issue calmly, gather all relevant information, and identify the key stakeholders involved. Then, I would communicate openly with the team to understand their perspectives and concerns. After that, I would develop a clear action plan to address the problem, ensuring to involve the team in the solution process. Finally, I would monitor the situation closely and adjust the plan as needed, while keeping everyone informed of progress.
Ques:- About the working in the last company.
Asked In :- vanquis bank,
Right Answer:
In my last company, I managed client accounts, ensuring their needs were met and maintaining strong relationships. I coordinated with various teams to deliver projects on time and within budget, analyzed account performance, and identified opportunities for growth. My role involved regular communication with clients to understand their goals and provide strategic solutions.
Ques:- Related to cost accounting.
Right Answer:
Cost accounting is the process of tracking, recording, and analyzing costs associated with the production of goods or services. It helps businesses understand their costs, set budgets, and make informed financial decisions.
Ques:- Reason of leaving the current job?
Asked In :-
Right Answer:
I am looking for new challenges and opportunities for growth that align more closely with my career goals.
Ques:- How much experience in accounts and finance, MIS, budgeting you have?
Asked In :-
Right Answer:
I have [insert number] years of experience in accounts and finance, including MIS and budgeting.
Ques:- Query for TDA, Service tax, Vat etc
Right Answer:
To query for TDA (Tax Deducted at Source), Service Tax, and VAT (Value Added Tax), you can use the following SQL structure:

```sql
SELECT
transaction_id,
tax_type,
amount
FROM
tax_records
WHERE
tax_type IN ('TDA', 'Service Tax', 'VAT');
```

This query retrieves the transaction ID, tax type, and amount for records related to TDA, Service Tax, and VAT from the `tax_records` table.
Ques:- Why are you interested in my company?
Asked In :-
Right Answer:
I am interested in your company because of its strong reputation in the industry, commitment to innovation, and focus on customer satisfaction. I admire your values and believe my skills align well with your goals, allowing me to contribute effectively to your team.
Ques:- Give a brief explanation about General Ledger?
Asked In :-
Right Answer:
The General Ledger is a complete record of all financial transactions of a company, organized by accounts. It serves as the main accounting record, summarizing all financial data for reporting and analysis, including assets, liabilities, equity, revenues, and expenses.
Ques:- What is contribution margin?
Asked In :-
Right Answer:
Contribution margin is the difference between sales revenue and variable costs. It represents the amount available to cover fixed costs and generate profit.
Ques:- What has been your biggest frustration?
Asked In :-
Right Answer:
My biggest frustration has been dealing with communication breakdowns within the team, which can lead to misunderstandings and delays in project completion.
Ques:- Tell me how does your co-worker find you as a manager?
Asked In :-
Right Answer:
My co-workers find me approachable and supportive as a manager. They appreciate my clear communication, willingness to listen, and ability to provide constructive feedback.
Ques:- Tell me one incident wherein you had hard time in your current assignment and how did you tackle that?
Asked In :-
Right Answer:
In my current assignment, I faced a situation where a key client was unhappy with our service due to delays in project delivery. To tackle this, I immediately scheduled a meeting with the client to understand their concerns better. I then coordinated with my team to prioritize their project and implemented a revised timeline. I kept the client updated throughout the process, which helped rebuild their trust, and we successfully delivered the project on the new schedule.
Ques:- What type of job and responsibilities are you looking in the new organization?
Asked In :-
Right Answer:
I am looking for a role that allows me to manage client accounts, build strong relationships, and drive sales growth. I want to be responsible for understanding client needs, providing solutions, and ensuring customer satisfaction while collaborating with internal teams to achieve business goals.
Ques:- Are you willing to work in shifts and sign bonds?
Asked In :-
Right Answer:
Yes, I am willing to work in shifts and sign bonds.


An Accounts Manager is a pivotal role in any business, serving as the critical link between an organization and its clients. This professional is responsible for building and nurturing long-term relationships with key customers, ensuring their satisfaction, and ultimately contributing to the company’s financial health and growth. Their work goes beyond mere customer service; they are strategic partners who understand the client’s business, anticipate their needs, and proactively offer solutions that align with their goals.

The core responsibilities of an Accounts Manager are multifaceted. First and foremost is relationship management. They act as the primary point of contact, handling client inquiries, concerns, and requests with professionalism and efficiency. This requires excellent communication skills, a deep understanding of the client’s industry, and the ability to build trust and rapport. They regularly meet with clients, both in person and virtually, to review progress, present new products or services, and gather feedback.

Beyond managing existing relationships, an Accounts Manager is often tasked with identifying new business opportunities within their client base. They are skilled in upselling and cross-selling, recognizing when a client could benefit from an expanded suite of services or a different product offering. To achieve this, they must possess a thorough knowledge of their company’s products and services, as well as a keen understanding of market trends and competitive landscapes. They often work closely with sales, marketing, and technical teams to ensure a seamless and integrated client experience.

Another crucial aspect of the role is financial management. Accounts Managers are typically responsible for managing budgets, negotiating contracts, and ensuring timely payments. They analyze client data to track performance, identify potential risks, and develop strategies to improve profitability and client retention. They are a client’s advocate within the company, but they also represent the company’s interests to the client, balancing both perspectives to achieve mutually beneficial outcomes. In essence, an Accounts Manager is a strategic professional who combines sales acumen, client-relations expertise, and business management skills to ensure client satisfaction and drive sustainable business growth.

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