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Compensation is the monetary value that is received in exchange of the services provided. Compensation is also referred to as remuneration, wage, salary that is paid to people for their work. It is a periodic payment from employer to the employee. It is already specified in the employment contract.
The component of compensation includes:
- Job Descriptions: it defines the responsibilities, requirements, functions, duties, location, environment, conditions, and other aspects.
- Job analysis: It is the process of analyzing jobs from which job descriptions are developed
- Job Evaluation: It is a system for comparing jobs in order to determine appropriate compensation levels for individual jobs or job elements.
- Salary Surveys: It involves collection of market and salary data.
Give below are some sample interview question related to salary which are frequently asked:
1. What do you expect your first salary to be ?
For deciding the salary for your first job you should have enough information regarding your new job such as skills, experience required for the job, what others in similar position are paid etc.2. What do you feel this position should pay ?
You can say that “I understand that the range for this job is between $______ and $______. Salary is a delicate topic. Don’t sell yourself short, but continue to stress the fact that the job itself is the most important thing in your mind.
3. What salary range are you looking for ?
You can provide the specific range for salary. However, tell that you are willing to negotiate and compromise. You can also say that lets first talk about the job requirements and expectations, so I can get a sense of what you need, then decide the salary.4. What did you make at your last job ?
Tell sincerely about your last compensation. Don’t exaggerate or inflate your previous earnings. Employers check your references to confirm your salary history. You can also add by saying that my last job was completely different from this one. So let’s discuss about the roles and responsibility and then determine the salary.These tips would help you to answer questions related to salary easily. Salary is one thing our jobs revolve around. Prepare yourself with all the possible questions related to salary. You should research market rates for similar jobs and develop a range based on your experience and qualifications of what you will accept from the lowest amount to an ideal salary figure.
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The demand for Analyst is growing day by day. The job of an analyst is to deeply examine various aspects of a business problem and derive a solution for that problem. An Analyst prepares and delivers analysis reports on market segments, competitors or investment opportunities to the upper management.
An analyst must be aware of current developments in the field in which he or she is specialized as well as he prepares financial models to predict future economic conditions. If you are planning to have a career in this field then you should mentally prepare yourself to answer some of the frequently asked questions which are listed below:
1. What made you choose our business to start your career ?
I generated interest in this field when I was doing my MBA. I see a great future and career advancement in this field.2. Tell us about yourself ?
Give a brief summary of your personal details, educational qualifications and professional experience/skills.3. Where have you got your academic qualifications from ?
It’s a simple question to answer. Do not forget to mention your college or university name. Make sure that your answers should be clear, factual and not ambiguous.4. What are your career goals ?
Tell about your dreams and what you wish to achieve in life. I want to progress in terms of-interest, duties, position and financials matters.5. Why do you want to work with us ?
Have a research of the company before interview. I always longed to work with your company. I am familiar with the products and I have used and trusted them.6. How did you handle difficulties and stress ?
Give some examples and stories of how you managed work and time. Tell the interviewer that you like to work in challenging environment and you give better result while working under pressure.7. If we hire you for this position, where do you see yourself in 5 years ?
After five years I would like to see myself as a professional who is well equipped with knowledge, and I would like to lead a group of people who are ambitious. Be honest and open of where you want to go within the industry and within the company you are applying to.8. What are your various achievements ?
Tell about your achievements but do not unnecessarily boost yourself.9. What are your salary expectations ?
Provide specific details regarding salary. However, tell that you are willing to negotiate and compromise.While a career as an analyst requires preparation and hard work, it also has the potential to deliver not just monetary rewards but the real satisfaction that comes from being an important part of the business.
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This is definitely a very big position and only experienced candidates are allowed to sit in the interviews like this. Let me tell you that it is simply one of the toughest jobs which you will have ever come across. Let me tell you that the administrative director is a very senior position and you will need to be exceptionally talented if you want to be selected in this field. In this article I am going to list some of the questions which might be asked from you while you will be giving the interview.
The questions are as follows:
1. Have you ever been the head of any administrative department?Let me tell you that the post of the administrative director is a very senior position. And you need to be the head of some administrative department if you want to be the administrative director then you must have worked as the administrative head of some company. Hence politely give the description of your job profile.
2. What you like administration or using technology?
There are many questions which can be asked from you but the question above might or might not be asked from you. You will have to prove that the administration too require technology. I must tell you that the administration really requires lots of talent in order to win the heart of many people. If you will not be able to set an example then you will never succeed in administration department. Hence make sure that your reputation is good. If your reputation will not be good then you will definitely not be able to administer properly.3. What are your hobbies?
Let me tell you that this might look a simple question but believe me that it is not as simple as that. It is quite tough and you will definitely have to make sure that if you take the name of some sport then you know what is going on in that sport at present. At this high level I really feel that one cannot really make a mistake in this kind of question.The other things which might be tested are as follows. For example you might be asked that what you would like to drink soft drink or hot drink.
You should know that you must be sitting in the lobby of some five star hotels while giving answer to this question. Hence the recruiter must be looking at the faces of the trespassers and know that what they are thinking about you. You chances really depend on their response.
Any way let me tell you that you will have to be extra talented to be selected for this post. And yes do not forget us when you are selected.
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As far as the account receivable employees are concerned, I must say that they are definitely one of the key members of the company. Let me tell you about them a little bit. They are the persons who have to make sure that all the billing information is kept well in the records. Let me tell you that this is a very important work since if you will not keep the proper record then how you will question the persons who have taken something from your company and have yet not paid the bill. You need to be quite sure about the bills. Only then you will be able to question the person who has not paid the bill.
If you want to work at this post then you will have to make sure that you are able to pass the interview. Following are some of the questions which might be asked from you and let me tell you that you will have to prepare in advance.
The questions are as follows:
1. What will you do if some customer pretends to say that he has not taken the product?
This happens many times in the market. Let me tell you that you will have to keep the record properly. Only then you will be able to question the customer. Hence your answer should be like this: “I always keep proper record and hence the customer will have to agree that he has taken the product. If he does not accept then I will pass the whole proof to my seniors and ask them to interfere in the matter. In their presence I will again question the customer and then he will definitely have to agree that he has taken the product. In short I would always try to make sure that I have the accurate details available with me.”2. What are your hobbies ?
You can list all your hobbies. But make sure that you do not list the hobbies like gambling. This might have the adverse effect on the recruiter. You can list chess, baseball etc. as your hobbies.3. Why do you want to work at this post?
Let me tell you that you will definitely be confused with this question. Hence I am writing a perfect answer for you. The answer goes like this: “this is because I have a good experience in this field. Let me tell you one more thing and that is my previous job were also related to this field.These are some of the questions which might be asked from you. And let me tell you one thing and that is you should make sure that you are well prepared otherwise you will not be able to clear the interview.
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The accounting clerks just have to keep the record of all the bills such as invoices, bill of payment, check as well as all another kind of bills. As an accountant clerk you will have to maintain all this. However the selection process also involves the interview and you will have to clear the interview in order to win the battle of selection.
I am now going to list some of the frequently asked questions related to the interview of the accounting clerks. They are as follows:
1. Tell us about yourself ?
This is first question which will be asked from you. If you will not give the correct answer then you will definitely find yourself in lots of problem. The perfect answer to this question is that you should tell them your name and just briefly describe your family. But make sure that you do not go in detail.2. What are the steps you should take while clearing the invoice ?
The perfect answer to this question is that you will have to check each rows and columns. You will have to check the values of each attributes like the number of soaps which are listed and what you have received. However keep it in your mind that it is not just for one single item, you will have to check the complete stock. Even a slight mistake will cost a lot to the company. Hence make sure that you mention in the interview that this is a job which should be done with lots of concentration.3. Tell us about any invoice discrepancy which occurred and how you solved the problem ?
Believe me that this will not be the first question which will be asked from you. I really feel that this will be asked in the mid of the interview and up till that time you would have either lost the opportunity or you will have to just maintain the good work. So be polite in answering to this question. However use your brain as well. You can say that I just informed the top management and they told me to contact the company who has sent the product. With the help of the top management I was able to fix the problem and hence it got solved. This is the best answer which you can give.4. What will you do for the company if you are selected ?
You can answer like this: “if I will be selected then I will definitely use all my experiences for the benefit of the company.” This will be a perfect answer for the question like this one.These are some of the questions which you might be asked during the accounting clerk interview and believe me that you will have to prepare hard to beat it.
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The account representative is a person who just likes the accounting clerks has to manage the whole accounts. He is responsible for handling all kind of bills specially invoices and makes sure that all of then is correct and in good shape. If there is something wrong then you will have to consult to the top management and get it corrected before you finally store it in some register.
Below are some of the interview questions which can be asked from you during the interview. The questions are as follows:
1. How do you know about us?
In some interviews this is the first questions which will be asked from you. You can say that you came to know through newspaper or through television or from some friends. You can give any answer but it should be reasonable. What is really mean is that you should be sure that the company has given the advertisement in the newspaper of television. Be sure and then answer to the above question.2. Why do you want to become an account representative?
You can say that it is a challenging job and the salary is also good. I love challenges and innovation as well. I feel that as an account representative I will be able to use my innovative skills. Hence I would like to become the account representative. This is an apt as well as reasonable answer for the above question.3. Why should we select you for this post?
Don’t waste even a single minute in answering to this question. Just give the answer at once. If you will hesitate then the recruiter will catch you and you will never be selected. You can say that you should select me because I am the best. But be prepared for the cross questioning. Give appropriate answer to the entire cross questions. If you have good academic record then put forward that academic record. It will be a great help for you. If you are in sports as well then this is the time to put forward all the certificates. Believe me that this will seal your position in the company.4. How do you handle the pressure?
You can say that I just listen to myself and the correct reasons from the others. Apart from this I just concentrate on my work and hence there is no pressure on me at any time.These are some of the questions which are really hard to answer. I really feel that most of the people are able to answer the academic questions. They only feel problem in the questions which I have discussed above. Hence I will definitely advice you to prepare these questions as well apart from the other academic questions.
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The job of account payable clerk is just like that of the other clerks in the company. However to be selected you will have to pass various hurdles and interview is the most important part of the selection procedure. And believe me that it is not too easy to clear the interview. You will have to prepare very hard to clear the interview round. The interview round becomes even more difficult due to the fact that it is the first interaction between the recruiter and the job seekers.
I am now going to list some of the interview questions which are frequently being asked from the account payable clerk. They are as follows:
1. Tell us about yourself ?
My name is XYZ and I am an ABC. My fathers name is XYZ and he is a XYZ. I have been in this field for 3 years. This is a simple and straightforward answer to this question. However I warn you to not get indulged in long answers. If you will do that then the recruiter will definitely catch you and you will be thrown out without being selected.2. What was your job profile in the previous company ?
This is another question which can be asked from you. However in order to answer to this question you will have to be quite polite. The question is that if you did the job well in the previous company then you must know the job profile in detail and hence you can recite it easily.3. How many types of bills are there ?
This is the question from your field. Just recite all the types of bills and then stop. I warn you that you should use the professional words. If you will use layman words then you will make the recruiters confused. And believe me that once the recruiter will get confused then he will do nothing but just make you pay for it. So feel free and just give the names of all the bills which you have studied during the graduation or you have come across during the previous job. But you need to know everything about its.4. What is an invoice ?
This is also a subject question and just gives a brief answer according to your experience in previous job.5. What will you do for the company if you are hired ?
Just give the innovative answers. You will have to think first and then answer. You can say that I will use all of my skills to maximum limit for the benefit of the company.These are some of the questions which you can be asked while giving the interview of the account payable clerk.
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There are many questions which can be asked from you while you are giving the interview of account manager. Let me at first explain about the accounting manager. An account manager is one that handles all the accounts processes. They are the one who are responsible for supervising all the accounting activities. Their job is related to the time management, self organization, and administration and company relations. Hence they should really have the leadership qualities.
Following are some of the frequently asked questions related to the post of the accounting manager. The questions are as below:
1. How confident or assertive are you?
Don’t waste time in answering to this question. Give a prompt and straightforward answer. For example, you can say that I am always confident and till date I have seldom gone wrong during my entire career. Please note that with this answer you might be cross questioned many times but believe me that your chances of being selected is maximum if you are prompt. With this answer I really want you to understand that you should be quick in answering any question. Do not allow the recruiter to think otherwise you will definitely be in problem.2. Do you prefer being behind the desk or you prefer talking to the people?
This is really one of the questions which depend on the personality involved. But believe me that you will be able to answer correctly if you say that you love talking to the people. In fact this is the right answer since you cannot be the manager of you always like to be behind the desk. The recruiter can then only think that you lack the leadership qualities and you suffer from the stage fear.3. What makes you a leader?
I really feel that as a manager you will be required to be a leader. But the question arises that how can your prove that you are a perfect leader. You can explain that you have good communication skills and you are simple and hence all the people obey you. In this way you will be able to prove that you are a perfect leader.
4. What is your biggest regret?
This is one of the question for which you cannot really be comfortable with it. Most of the people gets carried away and just recite their story. Believe me that this is not really correct. You will definitely be the looser if you will go negative.These are some of the questions which can be asked from you in the preliminary round. Believe me that these questions are first few questions which will be asked from you and you should know that the first impression is the last impression.
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Account executives are the subordinate to the account manager. Believe me that you will be asked many questions during the interview but at first you will have to understand that what the account executive really do. I am now going to put forward some of the questions which you will be asked while giving the interview of account executive.
The questions are as follows:
Questions related to the ambition:
1. Who are your heroes from the past? What is the reason why you have chosen them as a hero?
You can choose some really well known personalities in the world of economics for this. However make sure that you know about him in detail. Otherwise you will not be able to give the reasons why you have chosen him.Customer service questions:
2. Tell us about the most difficult customer you had to tackle with.
As an account executive you will have to talk to many customers daily. Many times you will have to face the difficulty but you must have done something to tackle with them. You will have to explain one such incident in front of the recruiting panel. Make sure that you do not stop while answering to this question. Just explain the incident breathlessly. If you will stop then the recruiters will have a bang in you. And yes, be prepared for some cross questions.Negotiations skills:
3. Tell us about one of the negotiations that you lead.
You should apply a prearranged approach to negotiations, and also make sure that you see the different motivations, interests and objectives of all parties which are involved. And at last keeping all this in mind make sure that you are able to present one such negotiation in front of the recruiter.Question on pressure:
4. How are you able to handle the pressure?
This is one of the questions which you will have to answer with lots of mind. Let me explain it to you. There might be many circumstances when you will be tortured by the seniors. But you cannot take this as the example. You must have also been tortured by the customers. You can take one such example for yourself. Just explain how you were able to handle the circumstances in that case.Problem solving abilities:
5. How do you keep up to date with the advancement in your field?
This is one of the questions which you will find it easier. You can say that you read daily newspaper as well as watch the news. You can also add that you read lots of magazines as well and you are a very busy internet surfer too.These are some of the questions which can be asked from you during the interview.
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Management accounting is a job concerned with the provisions and use of accounting information to the managers within the organization, to enable them to take vital business decisions.
Many students often ask how to crack a job interview for the post of accounting manager. This is a question where most of us are left blank, and we have no answer. However there are a few ways to answer the questions of the interviewers.
Some of the general questions that the job interviewer asks are:
1. How would you describe yourself ?
The best way to answer such a question is to just be yourself and tell them something good about you that is certainly different from others, your point of views and how do you approach this world.2. What all are the goals that you’ve set for your personal as well professional life ?
In order to impress the HR professionals just tell them that your present goal is to work with a big company like theirs. You can also tell them that your long-term goal is to take the company to a successful path in every aspect of business. About your personal goals you can tell that you not only want to be a successful manager but also a good human being who sets an example for others.3. Give me an example when you successfully motivated your staff members to work hard using incentives or rewards ?
To tackle these questions properly just tell them how do you study the different needs of your staff members and try to work on them. Then make sure to tell them how you create the incentive structure for the staff members.4. What influenced you to choose Accounting Manager as a career option for you ?
You can tell them that you kind of enjoy facing a challenge when it comes to boost up the sales and you like to overcome the problems that surround day to day accounting management. You can even tell them that you are up to date with all the accounting norms.5. What all are the methods that you have used to prioritize job assignments ?
Describe them you best abilities to create objectives, set priorities, plan proper job assignments and allocate company resources effectively.While answering all such questions you just have to be honest and keep in mind that you have to show your best side to them. So don’t forget to prepare yourself well for the next Accounting Manager job interview!
