CGI IS HIRING : FINANCIAL ANALYST

CGI is hiring Freshers candidates for  FINANCIAL ANALYST. The details of the job, requirements and other information given below:

CGI IS HIRING : FINANCIAL ANALYST

• Qualification : ANY Bachelor’s /master”s Degree
• 2021/2022/2023/2024 Batches can apply
• Strong Communications Skills (Verbal & Written)
• Excellent Attention to Detail
• Excellent Organizational and Time Management Skills able to manage different priorities and deal with a volume of requests
• Proficiency in Microsoft Office applications
• Location: India, Karnataka, Bangalore

Don’t miss out, CLICK HERE (to apply before the link expires)

Interview Questions & Answers for Financial Analyst – GBS Role (CGI)

Technical Interview Questions

1. What is Accounts Payable? Can you explain the process?

Answer:
Accounts Payable (AP) is the department that handles a company’s bills and payments. It’s the process of paying the company’s vendors or suppliers for products or services they’ve provided.

The process usually involves:

• Receiving invoices from suppliers.

• Verifying the invoices against purchase orders or contracts.

• Entering the invoice into the accounting system.

• Approving and processing payments to vendors.

• Tracking payments to ensure the company does not miss any due dates and maintains good relationships with suppliers.

2. What experience do you have with Excel?

Answer:
Excel is a powerful tool for financial analysts. I have experience using Excel for tasks like:

• Data entry and organizing financial data in spreadsheets.

• Creating formulas for calculations such as totals, averages, or percentages.

• Creating charts to visualize data and make it easier to analyze.

• Using PivotTables to summarize large datasets and create reports.

• Using VLOOKUP or IF statements to analyze financial data and pull information from other sheets or tables.

3. What is a timesheet, and how do you manage it?

Answer:
A timesheet is a record of the hours worked by employees or contractors. It tracks the time spent on various tasks during a specific period, usually a week or month.

In this role, I would help by:

• Distributing timesheets to employees or teams on a weekly basis.

• Ensuring the timesheets are filled out accurately and submitted on time.

• Tracking the submitted timesheets for consistency and ensuring that the correct hours are logged for payroll and billing purposes.

4. Can you explain what a client audit is and how you would manage it?

Answer:
A client audit is an examination or review of a company’s financial records by an external party (usually a client). The goal is to ensure accuracy and transparency in the financial statements and processes.

To manage this:

• I would start by ensuring all financial records are organized and ready for review.

• I would work closely with the client to understand the scope and focus areas of the audit.

• I’d also gather and provide all required documents such as invoices, payments, reports, etc., ensuring everything is accurate.

• Lastly, I would support the audit team during the audit process, answering any questions or concerns they have and providing updates on progress.

5. What is your understanding of “billing rate requests”?

Answer:
A billing rate request is a process where clients ask for a review or change in the rates charged for services provided. This could be due to:

• Changes in the service scope or contract terms.

• Adjustments based on inflation or cost of living.

I would review the existing agreements and cost structure to determine whether the requested changes are valid and then work with the finance team to update the billing rates accordingly.

Behavioral Interview Questions

1. Why do you want to work as a Financial Analyst at CGI?

Answer:
I am drawn to this role because CGI is a global leader in IT and business consulting, and I believe I can contribute to their success while also growing my career. I’m excited about the opportunity to manage financial processes like accounts payable, audits, and timesheets, and I appreciate how CGI values ownership and teamwork. Additionally, I’m looking forward to developing my skills further in a dynamic environment and learning from experienced professionals at CGI.

2. Describe a time when you had to handle multiple tasks at once. How did you manage it?

Answer:
In my previous role during an internship or project, I was often asked to manage multiple tasks such as processing invoices, updating spreadsheets, and preparing reports. To manage everything efficiently, I prioritized tasks based on deadlines and urgency. I used tools like task lists and calendar reminders to stay organized. When I had overlapping deadlines, I broke down each task into smaller, manageable steps. I also communicated with my team if I needed help or adjustments to the deadlines.

3. How do you handle tight deadlines or high-pressure situations?

Answer:
When faced with tight deadlines, I first make sure I understand the requirements and set clear priorities. I focus on one task at a time while breaking down larger tasks into smaller pieces. I also ensure I’m regularly checking in on my progress to avoid last-minute stress. If the workload is too heavy, I don’t hesitate to ask for help or delegate tasks when possible. I also make sure to stay calm, and if anything goes wrong, I quickly adjust and find solutions.

4. Tell me about a time when you showed attention to detail.

Answer:
During an internship, I was responsible for reviewing financial reports for accuracy. One time, I noticed a small discrepancy in the data: an invoice had been recorded twice, causing an overstatement in the accounts. I quickly flagged the issue, corrected the entry, and informed my supervisor. This small action helped prevent potential errors in financial reporting and maintained the accuracy of the company’s financial records.

5.How do you approach communication with clients?

Answer:
Effective communication is key to maintaining good relationships with clients. I ensure that I’m always clear and concise in both verbal and written communication. If I need to provide updates or request information, I ensure I provide all necessary details upfront and follow up regularly. I also actively listen to the client’s concerns and ensure I understand their requirements, especially when managing billing or audit-related requests. I believe that building trust through consistent communication is crucial in a client-facing role.

General Tips for the Interview:

• Prepare with examples: For behavioral questions, always have real-life examples ready to show how you’ve handled situations in the past.

• Show enthusiasm: Let them know why you want to join CGI and how you’re excited about their company culture.

• Be clear and concise: While answering, try to be to the point, showing that you understand the job responsibilities and skills required.

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