Ola Finance Manager Interview Questions & Experience Guide

Ola Finance Manager Interview Questions & Experience Guide

Company Name: Ola

Position: Finance Manager

Location: [Location not provided]

Application Process: [Application process details not provided]

Interview Rounds:

  • Round 1 - Technical Interview:
    • Questions Asked:
      1. What makes you different from others?
      2. Golden principle of accounting.
      3. Purchase return entry.
    • Your Approach:
      • For the first question, I highlighted my unique skills and experiences that set me apart from other candidates.
      • For the second question, I explained the golden principle of accounting (debit the receiver, credit the giver).
      • For the third question, I provided the correct journal entry for a purchase return.
    • Outcome: [Outcome not provided]

Preparation Tips:

  • Brush up on fundamental accounting principles and journal entries.
  • Be ready to articulate your unique value proposition clearly.

Conclusion:
The interview was a good opportunity to test my accounting knowledge and communication skills. I feel confident about my responses but would advise future candidates to prepare thoroughly for technical questions and practice articulating their strengths.

Company Name: Ola

Position: Finance Manager

Application Process: Applied via LinkedIn and was interviewed before February 2023.

Interview Rounds:

  • Round 1 - One-on-one Round:
    • Questions Asked:
      • Tell me about the time you worked with a difficult employee.
    • Your Approach: Focused on sharing a specific example where I successfully managed a challenging situation with an employee, highlighting my problem-solving and interpersonal skills.
    • Outcome: The round went well, and the interviewer seemed satisfied with my response.

Preparation Tips:

  • The interview was very easy and focused on behavioral questions. They were primarily checking for alignment with the company’s goals.
  • Prepare for behavioral questions and ensure your answers reflect your ability to handle workplace challenges effectively.

Conclusion:

  • Overall, the interview was straightforward and centered around behavioral fit. I felt confident in my responses, but I would advise future candidates to research the company’s values and goals to tailor their answers accordingly.

Company Name: Ola

Position: Assistant Manager Finance

Application Process: I applied through a recruitment consultant and was interviewed in June 2024.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. Brief about yourself.
      2. How do we make a cash flow statement for a company with continued and discontinued operations?
      3. Questions on leases as per IAS.
    • Your Approach:
      • For the first question, I gave a concise overview of my professional background and key achievements.
      • For the cash flow question, I explained the process of segregating cash flows from continued and discontinued operations, emphasizing the importance of clarity and compliance with accounting standards.
      • For the leases question, I discussed the classification and accounting treatment under IAS, providing examples where relevant.
    • Outcome: The round was challenging but went well. I received positive feedback on my technical knowledge.

Preparation Tips:

  • Brush up on Financial Reporting concepts, especially around CARO, IND AS, and cash flow management.
  • Focus on your current experience and how it aligns with the role.
  • Practice explaining complex accounting topics in simple terms.

Conclusion:
Overall, the interview was a great learning experience. I felt well-prepared for the technical questions, but I could have been more concise in my answers. My advice to future candidates is to thoroughly review accounting standards and be ready to apply them practically.

Company Name: Ola

Position: Assistant Manager Finance

Location: [Not specified]

Application Process: Walk-in interview conducted in October 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: None (resume screening round).

  • Your Approach: Ensured my resume was concise and highlighted relevant experience in finance. Avoided personal details like photo, gender, age, and address.

  • Outcome: Successfully shortlisted for the next round.

  • Round 2 - HR Round:

  • Questions Asked:

    1. “Tell us about your experience.”
    2. “How do you work under pressure?”
  • Your Approach:

    • For the experience question, I focused on my key roles and achievements in finance.
    • For the pressure question, I shared examples of handling tight deadlines and high-stakes situations calmly.
  • Outcome: Awaiting results.

Preparation Tips:

  • Focus on financial services topics.
  • Work smarter, not harder—prioritize efficiency in preparation.
  • Be self-reliant; thorough preparation is key.

Conclusion:
The interview process was straightforward, with a strong emphasis on experience and handling pressure. I ensured my resume was polished and tailored for the role. For future candidates, I’d advise focusing on practical examples and staying confident during the HR round.

Company Name: Ola

Position: Finance Manager

Location: [Not specified]

Application Process: I applied via Naukri.com and was interviewed before September 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: Proper alignment and formatting of the resume were emphasized.
    • Your Approach: Ensured my resume was well-structured and easy to read.
    • Outcome: Successfully shortlisted for the next round.
  • Round 2 - HR Round:

    • Questions Asked: Basics about previous job descriptions.
    • Your Approach: Prepared thoroughly by reviewing my past roles and responsibilities.
    • Outcome: Cleared the HR round.
  • Round 3 - Technical Round:

    • Questions Asked: The hiring manager assessed my capabilities.
    • Your Approach: Focused on demonstrating my skills and experience relevant to the role.
    • Outcome: Successfully cleared the round.

Preparation Tips:

  • Avoid joining Swiggy (as per the candidate’s advice).
  • Focus on financial analysis, operations, GRN, invoice processing, Oracle, taxation, and variance analysis for similar roles.

Conclusion:
The interview process was smooth, and I ensured my resume and responses were well-prepared. For future candidates, aligning your resume properly and being clear about your past roles can make a significant difference.

Company Name: Ola

Position: Finance Manager

Location: [Location not provided]

Application Process: [Application process details not provided]

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked:
      • Resume review and shortlisting based on experience and skills.
    • Your Approach:
      • Ensured my resume was crisp and highlighted relevant finance and managerial experience.
    • Outcome:
      • Successfully shortlisted for the next round.
  • Round 2 - Technical Round:

    • Questions Asked:
      1. What is your experience?
      2. How will you handle this scenario? (Scenario-based question)
    • Your Approach:
      • Answered the experience question by detailing my relevant roles and achievements. For the scenario, I provided a structured approach, aligning it with best practices in finance management.
    • Outcome:
      • The interview was straightforward, and I felt confident about my responses.

Preparation Tips:

  • Keep your resume concise and tailored to the role.
  • Be prepared to discuss your experience in detail and handle scenario-based questions with a structured approach.

Conclusion:
The interview process was smooth and not overly challenging. Focusing on clarity in my resume and being prepared for scenario-based questions helped me perform well. For future candidates, I recommend brushing up on practical finance scenarios and ensuring your resume stands out.

Company Name: Ola

Position: Finance Manager

Application Process: The application process involved multiple rounds of interviews, each targeting different aspects of the candidate’s profile.

Interview Rounds:

  • Round 1 - HR Interview:

    • Questions Asked: The HR round focused on screening the candidate’s background, including their educational qualifications, work experience, and general fit for the role.
    • Your Approach: I ensured my resume was clear and concise, highlighting relevant experiences and skills. I also prepared to discuss my career trajectory and motivations for applying to Ola.
    • Outcome: Cleared the HR round successfully.
  • Round 2 - Manager Interview (Technical):

    • Questions Asked: This round tested my technical knowledge related to finance, including accounting principles, financial analysis, and problem-solving scenarios.
    • Your Approach: I revised core finance concepts and practiced case studies to demonstrate my analytical skills. I also made sure to explain my thought process clearly.
    • Outcome: Passed the technical round, as the questions were practice-oriented.
  • Round 3 - Senior Manager Interview (Experience Evaluation):

    • Questions Asked: The senior manager delved deeper into my past work experiences, asking about specific projects, challenges faced, and how I handled them.
    • Your Approach: I prepared detailed examples from my previous roles, focusing on quantifiable achievements and lessons learned.
    • Outcome: Cleared this round by showcasing my practical experience effectively.
  • Round 4 - Director Interview (Personality Assessment):

    • Questions Asked: This was more of a casual chat to assess my personality, communication skills, and cultural fit. Questions ranged from my hobbies to how I handle stress.
    • Your Approach: I stayed authentic, shared personal anecdotes, and maintained a positive and energetic demeanor.
    • Outcome: The director seemed satisfied with my responses and overall personality.

Preparation Tips:

  • Focus on revising core finance concepts and practicing case studies.
  • Prepare detailed examples from your past work experiences to showcase your skills.
  • Stay authentic and energetic during the personality assessment round.
  • Avoid bluffing; honesty and clarity are key.

Conclusion:
The interview process at Ola was thorough but fair. The technical round was challenging, but with adequate preparation, it was manageable. The key was to stay genuine and energetic throughout the process. My advice to future candidates is to practice rigorously, be confident, and let your personality shine in the final round.

Company Name: Ola

Position: Finance Manager

Location: [Not specified]

Application Process: I applied for the position through Naukri.com and was interviewed in January 2024.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. Tell us about yourself in detail, including what you have done and what you haven’t.
      2. Do you have experience in handling RPT transactions?
      3. Do you have experience in private placement?
      4. Do you have experience in ICD?
    • Your Approach: I prepared by thoroughly reviewing my resume and ensuring I could articulate my experiences clearly. For the technical questions, I drew from my past work experiences to provide detailed answers.
    • Outcome: The round was challenging but fair. I felt confident about my responses, though I awaited further feedback.

Preparation Tips:

  • Brush up on technical finance topics like RPT transactions, private placements, and ICD.
  • Be ready to discuss your resume in detail, highlighting relevant experiences.
  • Practice articulating your past work clearly and concisely.

Conclusion:
Overall, the interview was a great learning experience. I realized the importance of being well-prepared for technical questions and being able to discuss my experiences confidently. For future candidates, I’d recommend focusing on your resume and ensuring you can back up every detail with examples from your work.

Company Name: Ola

Position: Finance Manager

Location: Singapore (for the One-on-one Round)

Application Process: The application process began with a resume shortlist, followed by HR and one-on-one rounds.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: No specific questions were asked in this round. The focus was on reviewing the resume for relevance and qualifications.
    • Your Approach: Ensured the resume was concise, professional, and tailored to the Finance Manager role, avoiding unnecessary personal details.
    • Outcome: Successfully shortlisted for the next round.
  • Round 2 - HR Round:

    • Questions Asked:
      1. Understanding the candidate’s background and motivations for applying.
      2. Assessing eligibility based on the company’s criteria.
    • Your Approach: Answered honestly and confidently, aligning my career goals with the role’s requirements.
    • Outcome: Cleared the HR round and moved to the final round.
  • Round 3 - One-on-one Round (Technical):

    • Questions Asked:
      1. In-depth technical questions related to the Finance Manager role, conducted by the Hiring Manager in Singapore.
    • Your Approach: Demonstrated thorough knowledge of the domain, addressing questions with clarity and confidence.
    • Outcome: The round was critical, and performance was evaluated based on domain expertise.

Preparation Tips:

  • Gain as much knowledge as possible about the domain you’re interviewing for. Confidence in your subject matter will reflect positively during the interview.
  • Tailor your resume to the role, avoiding irrelevant personal details.

Conclusion:
The interview process was structured and focused on both technical and cultural fit. Preparing thoroughly for the technical round was key. Future candidates should emphasize domain knowledge and ensure their resume is polished and relevant.