Internal Audit / Finance / FP & A - Interview Questions
1) Kotak Mahindra Bank (Internal Audit) (Banking)
Interview Duration: 40 Mins
Mode: Virtual
Questions asked: Personal and Technical
Interview Level: Moderate
Interview Taken By: HR and VP.
Sr.No Personal / Non-Technical
1 Please run me through your CV in maximum
2 minutes w.r.t personal attributes and
family background.
2 Do you have any negative attributes? If yes,
what have you done so far to work on
them?
3 If Kotak selects you today, you accept it and
tomorrow, another organisation selects you
with a higher package, what will decide?
4 Why did you resign without having any
offer in hand?
2) Tata Capital Finance (Business Finance / MIS Reporting) (NBFC)
Interview Duration: 40 Mins
Mode: Virtual
Questions asked: Personal and Technical
Interview Level: Difficult
Interview Taken By: VP.
Sr.No Personal / Non-Technical
1 Can you please describe your previous work
experience with Protium? Anything in MIS
Reporting profile?
2 Tell me positive and negative factors about
your personality. What have you don’t to
tackle negative factors?
3 Family background in 2 minutes.
Sr.No Technical
1 What is Internal Audit according to you?
What all happens in a Bank's Internal Audit?
2 What all major products have you audited in
your previous Internal Audit?
(They were asking about Axis Bank's
experience indirectly)
3 Tell me 2 instances when you caught a
serious issue while conducting audit of Home
Loans and Personal Loans.
4 How did you ensure that the issues you
found out were address by the respective
Product Head?
5 What are some important factors to consider
before sanctioning a Personal Loan?
6 What all RBI Circulars will you refer while
sanctioning a Loan?
7 Explain any latest RBI Circular which you can
think of.
Sr.No Technical
1 What do you know about Business Finance /
MIS Reporting? How helpful it is for any
NBFC?
2 Why do you want to change your profile
from Finance to MIS Reporting? What made
you take this decision?
3 Describe Budgeting and what all components
do you consider while budgeting your
company?
 4 Why did you resign without having any 4 What is an AOP? What important conclusions
offer in hand? Don’t you feel this was a will you draw from a 5-year AOP?
huge risk?
5 Does any Ind AS impact your AOP
predictions? Give examples.
6 Explain any 2 components which will have a
huge impact on your budgets.

3) Ketto Online Ventures (Finance & Accounts) (Fund Raising)

Interview Duration: 20 Mins
Mode: Virtual
Questions asked: Personal
Interview Level: Average
Interview Taken By: HR and Finance Head.

Sr.No Questions
1 Please run me through your CV covering personal traits.
2 Why do you want to switch over to a crowd funding organisation from an NBFC in just 3 years?
3 What is your current family background?
4 What do you know about crowd funding? How does this work?
5 How did you come to know about Ketto? Give us 1 example of a campaign you came across.
6 Any Team leading experience? would you be comfortable handling a team of 4 to 5 people?
7 Why did you resign without securing any offer in hand? What if you receive an offer from Ketto
together with another organisation, whom will you select?

(Selected here but after confirming offer and submitting documents to GIC, hence had to do away with the
offer)

4) GMoney Pvt Ltd (Finance & Accounts) (Startup NBFC)

Interview Duration: 30 Mins
Mode: F2F
Questions asked: Personal and Technical
Interview Level: Moderate
Interview Taken By: CFO.

Sr.No Personal / Non-Technical Sr.No Technical

1 What all work have you done in Protium?
Please explain your work experience.
2 How well do you know about yourself?
3 What is your family background?
4 Do you have any offers in hand?
(On answering no…), then why did you
resign without any offer?
5 We are a very new startup and will take few
years to grow? Will that be okay for you?
6 Which LMS and Accounting System do you
use in Protium?
1 How do you account for Late Payment
Penalty and Bounce Charges?
2 What is the treatment of Interest of any
customer turning NPA?
3 What do you know about RBI IRAC Norms
and how does it apply to NBFC?
4 How do you classify your customers basis the
IRAC Norms?
5 What is meant by DPD? How do you classify
your customers basis DPD?
6 Any latest RBI Circular you are aware of and
explain?
(Initially selected here but the offer was little below expectation and there was no Ind AS applicable here,
hence had to reject the offer)
5) Indostar Capital Finance Ltd (Finance & Accounts) (Listed NBFC) (2 Rounds)
Interview Duration: 45 Mins
Mode: F2F
Questions asked: Personal and Technical
Interview Level: Difficult
Taken By: Finance Head
(One of the most magnificent and challenging interview that I have appeared till now. The interviewers tested
every concept of NBFC, RBI Circulars and critical Ind AS concepts)
Sr.No Personal / Non-Technical
1 Can you run me through your CV?
2 Tell us some positive and negative points
about yourself. How are you improving your
negative points?
3 Run us through your family and current
employer background.
4 Why are you leaving Protium? What is
making you switch a startup NBFC?
5 Any offers in hand? What if you receive any
offer after getting interviewed with us? Will
you accept them or wait for us?
6 Which LMS and Accounting System is
Protium using?
7 What is the current Loan Book of Protium?
How will you describe their growth to an
outsider?
Sr.No Technical
1 Walk us through the RBI IRAC Circular and
some crucial applicability to a listed NBFC.
2 What components will you include while
calculating Deferred Tax? Which Ind AS deals
with this? How is it different from IGAAP?
3 When will you reverse interest accrued as
per IGAAP and as per Ind AS? And at what
stage?
4 How will you account for Processing Fees and
Agent Commission as per IGAAP and Ind AS?
5 What journal entry will you pass for interest
accrual, EMI due and interest income?
6 Tell us the structure of Ind AS NBFC Balance
Sheet? This is as per which Division?
7 How will you compare monthly results?
What factors for you are important?
8 How will you realise if your Balance Sheet
and P & L figures are distorted or not
appearing correct?
9 How will you show Borrowings In your
financials and as which Ind AS? What all
forms part of your borrowings in the
schedule?
10 If any loan is foreclosed or part repaid, how
will this affect amortization of fees and
related expenses?
11 Balance with Statutory Authorities is
classified in which head in Financials?
12 As per Ind AS on employee benefits, what is
the treatment of Gratuity and Leave
Absences?
13 Did you try and study our recent quarter
results? Give your comments on what we can
do to improve our performance? (Yorker,
Bouncer!)
6) GIC Housing Finance Ltd (Finance & Accounts) (Listed NBFC) (SELECTED!!!)
Interview Duration: 30 Mins (2 Rounds)
Mode: F2F
Questions asked: Personal and Technical
Interview Level: Moderate
Taken By: HR, Managing Director, CEO

Sr.No Personal / Non-Technical Sr.No Technical

1 Explain your current profile with Protium.
2 Why do you want to switch from a Startup
Loan Company to a NHB Company?
3 What is your family background?
4 Please run us through the previous monthly
performance of Protium.
1 What do you know about GIC Housing
Finance Ltd that you want to join us?
2 What do you feel about our current results?
What can we do to improve?
3 Are you aware about any latest NHB
Circular? Kindly explain the core.
4 How do you classify your customers basis the
IRAC Norms?
5 What all products does GICHFL offer? Give us
brief details about the products.

(The 2nd organisation to select with expected offer and since the same being Govt backed)

7) Netscribes (Financial Planning & Analysis) (IT Company)

Interview Duration: 20 Mins
Mode: Virtual
Questions asked: Personal
Interview Level: Average
Taken By: Probably Manager

Sr.No Questions
1 Please tell me in brief about yourself. Something which I wont see in your CV.
2 Why do you want to switch over to an IT Company from an NBFC? Don’t you feel this is a complete
shift in your profile? Can you justify your decision?
3 What is your current family background?
4 Any idea what does Netscribes does?
5 What is your idea about Financial Planning and Analysis profile? What does this profile offers?
6 Why did you resign from your current company without any offer?

8) IIFL Securities (Finance & Accounts) (Listed NBFC) (2 Rounds)

Each Interview Duration: 30 Mins
Mode: Virtual
Questions asked: Personal and Technical
Interview Level: Difficult
Taken By: HR, Senior Person of Finance Team

Sr.No Personal / Non-Technical Sr.No Technical

1 Explain your current profile with Protium. 1 How do you disclose / show Investments in
your Financials as per Ind AS?
2 Why do you want to switch to a Broking 2 What do you understand about Financial
Company from a Startup NBFC? Instruments? Give us some examples.
 3 What is your family background?
4 Please tell us something about what IIFL
Securities does.
5 When you did not have any offer in hand,
what made you resign? Also, what if we
give you an offer and you simultaneously
receive an offer from elsewhere?
3 What is ECL as per Ind AS? What does it
consists of?
4 What is Securitisation transaction and how
do you account for the same in books and
financials?
5 Explain the treatment of Lease as per Ind AS
116.

(Selected here as well but after confirming offer and submitting documents to GIC, hence had to do away with
the offer)

9) Edelweiss Wealth Management (Financial Accounting) (2 Rounds)

Each Interview Duration: 30 Mins each
Mode: Virtual
Questions asked: Personal and Technical
Interview Level: Moderate
Taken By: HR, Probably AVP or VP

Sr.No Personal / Non-Technical Sr.No Technical

1 Explain your current exposure with Protium.
2 What do you know about yourself?
3 Describe your family background.
4 Why do you want to switch to Edelweiss
from Protium?
5 Are you ready to work for unscheduled
working hours for 1 year? How can you
prove your answer and guarantee that you
will later on not complain?
1 What do you about RBI IRAC Norms?
2 What do you understand about Financial
Instruments?
3 What is ECL model and how do you prepare
it?
4 Explain the treatment of Lease as per Ind AS
116.

(Selected here also but after confirming offer and submitting documents to GIC, hence had to do away with the
offer. They gave the best offer indeed!)

CV was shortlisted by the HR of following organisation also, however, only HR round was conducted while
no confirmation was received for technical round interview:

1) Edelweiss Financial Services Ltd (Finance & Accounts)

2) L & T Financial Services Ltd (Finance & Accounts)
3) ICICI Lombard General Insurance (Finance & Accounts)
4) Reliance Home Finance Ltd (Finance & Accounts)
5) HDB Financial Services Ltd (Finance)
6) HDFC Bank (Finance & Accounts)

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