L&T Technology Services Finance Associate Interview Questions & Experience Guide

Interview Preparation
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L&T Technology Services Finance Associate Interview Questions & Experience Guide

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Company Name: L&T Technology Services

Position: Finance Associate

Application Process: Applied through campus placement.

Interview Rounds:

  • Round 1 - Behavioral Interview:
    • Questions Asked:
      • Behavioral questions tailored for a financial analyst role.
      • Response to a specific workplace situation.
      • Problem-solving ability to achieve a successful outcome.
    • Your Approach:
      • Focused on providing structured answers using the STAR method (Situation, Task, Action, Result).
      • Highlighted relevant experiences and skills.
    • Outcome: Successfully cleared the round.

Preparation Tips:

  • Practice behavioral questions using the STAR method.
  • Review common workplace scenarios and how to address them effectively.
  • Focus on problem-solving skills and how they apply to financial analysis.

Conclusion:
The interview was a great learning experience. I realized the importance of structuring answers clearly and concisely. For future candidates, I’d recommend practicing behavioral questions thoroughly and being prepared to discuss real-life examples in detail.

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Company Name: L&T Technology Services

Position: Finance Associate

Application Process: Applied as a fresher through campus placement.

Interview Rounds:

  • Round 1 - HR Round:

    • Questions Asked:
      • What is a Derivative?
      • Basics of swaps, investment banking, capital markets, golden rules of accounting, mutual funds, and options.
    • Your Approach: Answered confidently with clear explanations, focusing on fundamental concepts.
    • Outcome: Passed the round.

  • Round 2 - Technical Round:

    • Questions Asked:
      • HLOOKUP and VLOOKUP in Excel.
      • Questions on derivatives and mutual funds.
    • Your Approach: Demonstrated practical knowledge of Excel functions and explained financial concepts concisely.
    • Outcome: Cleared the round successfully.

Preparation Tips:

  • Apply as a fresher and speak with confidence.
  • Focus on basic finance concepts, Excel skills, and local address requirements (as they prefer candidates who can join quickly).

Conclusion:
The interview process was smooth, and the questions were aligned with the role’s requirements. Speaking confidently and having a strong grasp of basic finance and Excel helped me clear the rounds. For future candidates, I’d recommend brushing up on these areas and being clear about your fundamentals.

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Company Name: L&T Technology Services

Position: Finance Associate

Location: [Not specified]

Application Process: [Not specified]

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: None (Resume-based shortlisting)

  • Your Approach: Ensured the resume was properly aligned and formatted to make it easy for the recruiter to read.

  • Outcome: Passed to the next round.

  • Round 2 - HR Round:

  • Questions Asked:

    1. How long will you stay with the company?
    2. What are your future plans?

  • Your Approach: Answered honestly, emphasizing commitment to the company and aligning future goals with the role.

  • Outcome: [Not specified]

Preparation Tips:

  • Have knowledge in accounting standards.
  • Understand the basics of accounting.
  • Focus on revenue recognition.
  • Be clear about accounting standards and principles.

Conclusion:
The interview process was straightforward, with a focus on resume quality and HR-related questions. Proper resume formatting and clarity about career goals were key. Future candidates should ensure they are well-versed in accounting basics and standards.

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Company Name: L&T Technology Services

Position: Finance Associate

Application Process: The application was made through campus placement.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      • What is the difference between EV and Equity Value?
    • Your Approach: I explained the concepts of Enterprise Value (EV) and Equity Value, highlighting how EV includes debt and excludes cash, while Equity Value represents the market value of shareholders’ equity. I also provided a practical example to illustrate the difference.
    • Outcome: I successfully cleared this round.

Preparation Tips:

  • Brush up on basic FP&A (Financial Planning & Analysis) concepts.
  • Practice navigating data models in Excel, as it is a crucial skill for the role.

Conclusion:
The interview was straightforward, and the technical question was aligned with the role’s requirements. Preparing core finance concepts and being comfortable with Excel would definitely help future candidates.

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Company Name: L&T Technology Services

Position: Finance Associate

Application Process: Applied through campus placement.

Interview Rounds:

  • Round 1 - One-on-One Round:
    • Questions Asked:
      1. What is the SQL process?
      2. What is the PL/SQL process?
    • Your Approach: I explained the basic concepts of SQL and PL/SQL, focusing on their processes and how they are used in database management. I also provided examples to clarify my points.
    • Outcome: Cleared the round successfully.

Preparation Tips:

  • Brush up on SQL and PL/SQL concepts, especially their processes and practical applications.
  • Practice explaining technical terms in simple language to ensure clarity during the interview.

Conclusion:
The interview was straightforward, and the questions were aligned with the role’s requirements. Preparing well on database concepts helped me answer confidently. For future candidates, I recommend focusing on core technical skills relevant to the position.

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Company Name: L&T Technology Services

Position: Finance Associate

Location: [Not specified]

Application Process: Applied via campus placement before September 2023.

Interview Rounds:

  • Round 1 - HR Round:

  • Questions Asked:

    • Are you ready to relocate?
    • What are your expectations?

  • Your Approach:

    • For the relocation question, I confirmed my willingness to relocate if required for the role.
    • For the expectations question, I highlighted my career goals and how they align with the company’s values and opportunities.

  • Outcome: Successfully cleared the HR round.

Preparation Tips:

  • Focus on clearly communicating your flexibility and alignment with the company’s goals.
  • Be prepared to discuss your career aspirations and how they fit with the role.

Conclusion:
The HR round was straightforward, and being honest about my expectations and flexibility helped me clear it. For future candidates, I’d advise preparing to articulate your career goals and readiness for relocation clearly.

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Company Name: L&T Technology Services

Position: Finance Associate

Location: [Not specified]

Application Process: I applied via Naukri.com and was interviewed in August 2021.

Interview Rounds:

  • Round 1 - Technical:

  • Questions Asked: SAP FICO process-related questions.

  • Your Approach: I focused on explaining the key processes and my hands-on experience with SAP FICO.

  • Outcome: Passed to the next round.

  • Round 2 - HR:

  • Questions Asked: General HR questions about my background, experience, and fit for the role.

  • Your Approach: I highlighted my relevant skills and how they align with the company’s requirements.

  • Outcome: Successfully cleared the round.

  • Round 3 - Interview:

  • Questions Asked: Further technical and situational questions related to the Finance Associate role.

  • Your Approach: I provided detailed answers with examples from my past work.

  • Outcome: Received positive feedback and moved forward in the process.

Preparation Tips:

  • Focus on understanding SAP FICO processes thoroughly.
  • Be prepared to discuss your experience in detail.
  • Practice answering situational and HR questions confidently.

Conclusion:
The interview process was well-organized, and I had a good experience overall. I would advise future candidates to prepare thoroughly for both technical and HR rounds to ensure they present themselves effectively.

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Company Name: L&T Technology Services

Position: Finance Associate

Application Process: I applied via a recruitment consultant and was interviewed in July 2023.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Outcome: My resume was shortlisted for further rounds.

  • Round 2 - Technical Round:

  • Questions Asked:

    1. Very bad people never ever expect your interview will result in an offer letter. They will keep you on infinite hold and will start searching for a candidate with a lower salary. They conduct interviews for time pass, and neither management nor HR are in sync.
    2. Simple finance terms.

  • Outcome: The round was completed, but the experience was frustrating.

  • Round 3 - Technical Round:

  • Questions Asked:

    1. Very bad experience after 4-5 rounds of interviews and taking my documents and salary slips. They started keeping me on hold and looking for a candidate with a lower salary.

  • Outcome: The round was completed, but the process felt unprofessional.

  • Round 4 - HR Round:

  • Questions Asked:

    1. If the HR is Santosh or Krish, please withdraw your application. They are never going to create an offer letter.

  • Outcome: The round was completed, but the HR interaction was disappointing.

Preparation Tips:

  • Please DO NOT apply for their Finance Department. All the HR and management are unprofessional. They will never convert the interview into an offer letter and will keep you on infinite hold while searching for other candidates with lower salaries.

Conclusion:
My overall experience with L&T Technology Services was extremely frustrating and unprofessional. The process lacked transparency, and the HR team was not supportive. If you are considering applying here, I would advise caution and recommend exploring other opportunities where the hiring process is more respectful and organized.

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Company Name: L&T Technology Services

Position: Finance Associate

Location: [Not specified]

Application Process: I applied via a walk-in interview in July 2024.

Interview Rounds:

  • Round 1 - Group Discussion Round:

  • Questions Asked: Trending topics were given to discuss to assess communication skills.

  • Your Approach: I actively participated, shared my views clearly, and listened to others to contribute meaningfully.

  • Outcome: Successfully cleared this round.

  • Round 2 - Aptitude Test Round:

  • Questions Asked: The test covered communication, pronunciation, logical reasoning, graphs, charts, and numericals.

  • Your Approach: I focused on accuracy and time management, ensuring I answered all sections.

  • Outcome: Cleared the test.

  • Round 3 - HR Round:

  • Questions Asked:

    1. Tell me about yourself.
    2. Questions about past job experiences.
    3. Basic finance-related questions.

  • Your Approach: I kept my answers concise, highlighted relevant experiences, and stayed confident.

  • Outcome: Cleared the HR round.

  • Round 4 - Technical Round:

  • Questions Asked:

    1. Summarize your resume.
    2. Investment banking topics.
    3. Derivatives and their types.
    4. Future contract vs. forward contract.
    5. Money market vs. capital market.
    6. Accounting golden rules with examples and entries.

  • Your Approach: I revised key finance concepts beforehand and structured my answers logically.

  • Outcome: Cleared the technical round.

Preparation Tips:

  • Focus on topics like Investment Banking, Capital Market, Anti-Money Laundering (AML), KYC, Money Market, and Derivatives.
  • Brush up on accounting fundamentals, especially golden rules and entries.
  • Practice aptitude tests to improve speed and accuracy.

Conclusion:
Overall, the interview process was well-structured and tested both technical and soft skills. I could have prepared more thoroughly for the technical round by diving deeper into derivatives and market concepts. My advice to future candidates is to stay calm, revise core finance topics, and practice group discussions to improve communication skills.