PwC Associate-Finance Transformation Interview Questions & Experience Guide

Interview Preparation
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PwC Associate-Finance Transformation Interview Questions & Experience Guide

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Company Name: PwC

Position: Associate-Finance Transformation

Application Process: Applied through campus placement.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Focused on in-depth finance knowledge.
    • Your Approach: Reviewed core finance concepts, practiced numerical and analytical questions.
    • Outcome: Cleared the round successfully.

  • Round 2 - Group Discussion:

    • Questions Asked: Discussion on trending news topics.
    • Your Approach: Stayed updated with current affairs, actively participated, and presented clear points.
    • Outcome: Performed well and advanced to the next stage.

Preparation Tips:

  • Brush up on core finance concepts and stay updated with recent news.
  • Practice aptitude questions to improve speed and accuracy.
  • Engage in mock group discussions to build confidence.

Conclusion:
The interview process was smooth and well-structured. Staying updated with current trends and having a strong grasp of finance concepts helped me perform well. For future candidates, focus on clarity and confidence during group discussions.

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Company Name: PwC

Position: Associate-Finance Transformation

Location: [Location not specified]

Application Process: I applied via a referral in September 2024.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. Provide SOP for Account Payables.
      2. What is turnover discount?
    • Your Approach:
      • For the SOP question, I outlined the standard operating procedure for Account Payables, including steps like invoice verification, approval workflows, and payment processing.
      • For the turnover discount question, I explained it as a discount offered to customers based on their purchase volume or frequency, often used to incentivize bulk buying.
    • Outcome: [Result not specified]

Preparation Tips:

  • Brush up on financial processes like Account Payables and Receivables.
  • Understand common financial terms and discounts used in business transactions.
  • Practice explaining SOPs clearly and concisely.

Conclusion:
The interview was straightforward, focusing on technical knowledge relevant to the role. Preparing well for financial terminologies and processes helped me answer confidently. For future candidates, I’d recommend focusing on practical examples to explain concepts.

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Company Name: PwC

Position: Associate-Finance Transformation

Application Process: I applied via a referral and was interviewed in June 2024.

Interview Rounds:

  • Round 1 - Aptitude Test:
    • Questions Asked: The test was heavily focused on Accounting Principles and Core Accounting. Questions included topics like journal entries, theory, accounting principles, and calculations of EPS (Earnings Per Share) and diluted EPS.
    • Your Approach: I reviewed basic accounting concepts and practiced journal entries and EPS calculations beforehand. During the test, I took my time to ensure accuracy, especially with calculations.
    • Outcome: I passed this round and moved forward in the process.

Preparation Tips:

  • Focus on core accounting principles and journal entries.
  • Practice calculations related to EPS and diluted EPS.
  • Brush up on theoretical aspects of accounting to ensure a strong foundation.

Conclusion:
The interview process was straightforward, and the aptitude test was well-aligned with the role’s requirements. I found that thorough preparation in accounting fundamentals was key to performing well. For future candidates, I’d recommend dedicating time to practice calculations and revisiting accounting theories to build confidence.

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Company Name: PwC

Position: Associate-Finance Transformation

Location: Christ University, Bangalore

Application Process: Applied via campus placement at Christ University, Bangalore in November 2023.

Interview Rounds:

  • Round 1 - Aptitude Test:

    • Questions Asked: Basic math and English questions.
    • Your Approach: Found the questions straightforward and manageable.
    • Outcome: Passed the round.

  • Round 2 - Case Study:

    • Questions Asked: Required to submit a decision sheet related to AI.
    • Your Approach: Focused on structuring the decision sheet logically.
    • Outcome: Advanced to the next round.

  • Round 3 - Technical Round:

    • Questions Asked:
      1. Golden rules of accounting.
      2. How to compute depreciation while undergoing FA.
      3. Excel-related questions.
      4. Treatment of bad debt.
      5. Differences between XLOOKUP and VLOOKUP.
    • Your Approach: Prepared thoroughly for accounting fundamentals and Excel functions.
    • Outcome: Successfully answered the questions and cleared the round.

Preparation Tips:

  • Focus on basic accounting principles and rules.
  • Brush up on Excel functions like VLOOKUP and XLOOKUP.
  • Practice structuring case studies logically.

Conclusion:
Overall, the interview process was smooth, and the questions were aligned with the role’s requirements. Preparing well for accounting basics and Excel functions was key. For future candidates, I’d recommend revising core accounting concepts and practicing case studies to build confidence.

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Company Name: PwC

Position: Associate-Finance Transformation

Application Process: I applied via a referral and was interviewed before February 2021.

Interview Rounds:

  • Round 1 - Technical Round:
    • Questions Asked:
      1. Where do you see yourself in the next 5 years?
      2. Positioned at a managerial level on a large-scale assignment, handling independently.
    • Your Approach: I focused on aligning my career goals with the company’s vision and emphasized my ability to take on leadership roles in large-scale projects.
    • Outcome: The round went well, and I was able to articulate my aspirations clearly.

Preparation Tips:

  • Be confident, quick, and address the question to the point.
  • Focus on aligning your answers with the company’s expectations and showcase your leadership potential.

Conclusion:
Overall, the interview was a great learning experience. I felt confident in my responses, but I could have prepared more specific examples to back my claims. My advice to future candidates is to stay calm, be concise, and always relate your answers to the role you’re applying for.

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Company Name: PwC

Position: Associate-Finance Transformation

Location: [Not specified]

Application Process: Applied via Naukri.com and was interviewed before March 2023.

Interview Rounds:

  • Round 1 - Assignment Round:

  • Questions Asked: Accounting-related questions.

  • Your Approach: Focused on core accounting principles and practical applications.

  • Outcome: [Not specified]

  • Round 2 - One-on-one Round:

  • Questions Asked:

    1. Questions related to RTR accounting, IFRS, and US GAAP.
    2. What is lease accounting?
    3. Process of month-end.
    4. What are prepayments?

  • Your Approach: Prepared thoroughly by revising accounting standards and practical scenarios.

  • Outcome: [Not specified]

  • Round 3 - HR Round:

  • Questions Asked: Package discussion.

  • Your Approach: Researched industry standards and was transparent about expectations.

  • Outcome: [Not specified]

Preparation Tips:

  • Have good accounting knowledge, especially in areas like RTR accounting, IFRS, US GAAP, lease accounting, and month-end processes.

Conclusion:
The interview process was structured and focused on accounting knowledge. Preparing well for technical rounds and being clear about expectations in the HR round can make a difference.

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Company Name: PwC

Position: Associate-Finance Transformation

Application Process: The application process involved a resume shortlist followed by an aptitude test and a one-on-one interview round.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: The focus was on reviewing the resume for relevance and clarity.
    • Your Approach: Ensured the resume was concise and highlighted key skills and experiences relevant to the role.
    • Outcome: Successfully shortlisted for the next round.

  • Round 2 - Aptitude Test:

    • Questions Asked: Domain-based test questions were conducted.
    • Your Approach: Prepared by revising core finance concepts and practicing similar test questions.
    • Outcome: Cleared the aptitude test and moved to the final round.

  • Round 3 - One-on-one Interview:

    • Questions Asked: Domain-based questions were asked to assess technical knowledge and problem-solving skills.
    • Your Approach: Answered questions clearly and confidently, focusing on practical applications of finance concepts.
    • Outcome: Performed well and received positive feedback.

Preparation Tips:

  • Keep your resume crisp and to the point. Recruiters spend only a few seconds reviewing it, so make sure it leaves a strong impression.
  • Be transparent and concise in your responses during interviews.
  • Revise core domain concepts and practice aptitude tests to prepare effectively.

Conclusion:
Overall, the interview process with PwC was smooth and well-structured. The company places a strong emphasis on employee welfare, making it a great place to work. For future candidates, focus on clarity in your resume and responses, and ensure you are well-prepared for domain-specific questions.

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Company Name: PwC

Position: Associate-Finance Transformation

Location: [Not specified]

Application Process: I applied through campus placement in October 2022.

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: None (resume screening).
    • Your Approach: Ensured my resume was concise and highlighted relevant skills and experiences.
    • Outcome: Shortlisted for the next round.

  • Round 2 - Aptitude Test:

    • Questions Asked: Verbal, quantitative, and reasoning questions.
    • Your Approach: Practiced basic aptitude topics beforehand and managed time effectively during the test.
    • Outcome: Cleared the test and moved to the next round.

  • Round 3 - Technical Round:

    • Questions Asked: “Walk me through a balance sheet.”
    • Your Approach: Explained the components of a balance sheet (assets, liabilities, equity) and their interrelationships clearly.
    • Outcome: Successfully cleared the technical round.

  • Round 4 - Behavioral Interview:

    • Questions Asked: “Tell me about a time you had to deal with multiple stakeholders.”
    • Your Approach: Shared a relevant example from my past experience, focusing on communication, prioritization, and conflict resolution.
    • Outcome: Cleared the behavioral round.

Preparation Tips:

  • The interviews were relatively easy, but confidence is key. Practice common technical and behavioral questions.
  • For aptitude tests, brush up on verbal, quantitative, and reasoning skills.

Conclusion:
Overall, the interview process was smooth. Being confident and well-prepared helped me clear all rounds. For future candidates, focus on clarity in your answers and ensure you understand the basics of finance and stakeholder management.

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Company Name: PwC
Position: Associate-Finance Transformation
Location: [Location not specified]

Application Process: [Details not provided]

Interview Rounds:

  • Round 1 - Resume Shortlist:

    • Questions Asked: Proper alignment and formatting of the resume were emphasized.
    • Your Approach: Ensured the resume was well-structured and easy to read.
    • Outcome: Passed to the next round.

  • Round 2 - Technical Round 1:

    • Questions Asked: Past experiences mentioned in the CV.
    • Your Approach: Highlighted relevant experiences and projects.
    • Outcome: Advanced to the next round.

  • Round 3 - Aptitude Test:

    • Questions Asked: Excel VBA aptitude test.
    • Your Approach: Prepared by revising Excel VBA basics and practicing sample questions.
    • Outcome: Successfully cleared the round.

  • Round 4 - Technical Round 2:

    • Questions Asked: Finance-related questions.
    • Your Approach: Focused on core finance concepts and practical applications.
    • Outcome: Moved forward in the process.

  • Round 5 - Technical Round 3:

    • Questions Asked: Finance-related company-specific questions.
    • Your Approach: Researched the company’s financial background and aligned answers accordingly.
    • Outcome: Cleared the round.

  • Round 6 - Technical Round 4:

    • Questions Asked: Budgeting and forecasting, situation-based questions.
    • Your Approach: Applied theoretical knowledge to practical scenarios.
    • Outcome: Advanced to the final round.

  • Round 7 - HR Round:

    • Questions Asked: Salary expectations, “Why should we hire you?”, reasons for change, 5-year goals, strengths and weaknesses, “Tell me about yourself.”
    • Your Approach: Answered honestly and aligned responses with the role and company values.
    • Outcome: Final selection.

Preparation Tips:

  • Be thorough with your CV and the basics of finance and Excel VBA.
  • Research the company’s financial background to answer company-specific questions effectively.
  • Practice situational and behavioral questions for the HR round.

Conclusion:
The interview process was rigorous but well-structured. Preparing thoroughly for each round, especially the technical and HR rounds, was key to success. I could have practiced more situational questions for the HR round, but overall, the experience was insightful and rewarding. For future candidates, focus on clarity in your responses and align your answers with the role’s requirements.

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Company Name: PwC
Position: Associate-Finance Transformation

Application Process: Applied through the company’s career portal.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: Resume was reviewed for alignment and formatting.

  • Your Approach: Ensured my resume was well-structured and highlighted relevant experiences.

  • Outcome: Passed to the next round.

  • Round 2 - Technical Round:

  • Questions Asked: Questions about past experiences mentioned in my CV.

  • Your Approach: Explained my roles and responsibilities in detail, focusing on achievements.

  • Outcome: Advanced to the next round.

  • Round 3 - Aptitude Test:

  • Questions Asked: Excel VBA aptitude test.

  • Your Approach: Revised Excel VBA basics and practiced sample problems beforehand.

  • Outcome: Cleared the test.

  • Round 4 - Technical Round:

  • Questions Asked: Finance-related questions.

  • Your Approach: Prepared by reviewing core finance concepts and recent industry trends.

  • Outcome: Moved forward.

  • Round 5 - Technical Round:

  • Questions Asked: Finance-related and company-specific questions.

  • Your Approach: Researched PwC’s finance transformation services and aligned my answers accordingly.

  • Outcome: Progressed to the next stage.

  • Round 6 - Technical Round:

  • Questions Asked: Budgeting, forecasting, and situation-based questions.

  • Your Approach: Used real-life examples to demonstrate problem-solving skills.

  • Outcome: Cleared the round.

  • Round 7 - HR Round:

  • Questions Asked: Salary expectations, why PwC should hire me, reasons for change, 5-year goals, strengths and weaknesses, and “Tell me about yourself.”

  • Your Approach: Answered honestly while aligning my responses with the role and company values.

  • Outcome: Final selection.

Preparation Tips:

  • Be thorough with your CV and the basics of finance and Excel VBA.
  • Research the company and its services to tailor your answers.
  • Practice situational and behavioral questions for the HR round.

Conclusion:
Overall, the process was rigorous but well-structured. Being prepared with both technical and behavioral aspects helped me succeed. I recommend focusing on clarity in communication and aligning your answers with the role’s requirements.

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Company Name: PwC

Position: Associate-Finance Transformation

Application Process: Applied through campus placement.

Interview Rounds:

  • Round 1 - Resume Shortlist:

  • Questions Asked: Resume screening to ensure alignment with the role.

  • Your Approach: Ensured my resume was well-formatted and highlighted relevant experiences.

  • Outcome: Cleared the round.

  • Round 2 - Technical Round:

  • Questions Asked: Questions about past experiences mentioned in my CV.

  • Your Approach: Prepared detailed explanations of my roles and achievements.

  • Outcome: Advanced to the next round.

  • Round 3 - Aptitude Test:

  • Questions Asked: Excel VBA aptitude test.

  • Your Approach: Revised Excel VBA basics and practiced sample problems.

  • Outcome: Cleared the test.

  • Round 4 - Technical Round:

  • Questions Asked: Finance-related questions.

  • Your Approach: Reviewed core finance concepts and recent trends.

  • Outcome: Moved forward.

  • Round 5 - Technical Round:

  • Questions Asked: Finance-related and company-specific questions.

  • Your Approach: Researched PwC’s finance transformation services and aligned my answers.

  • Outcome: Advanced to the next stage.

  • Round 6 - Technical Round:

  • Questions Asked: Budgeting, forecasting, and situation-based questions.

  • Your Approach: Practiced case studies and situational responses.

  • Outcome: Cleared the round.

  • Round 7 - HR Round:

  • Questions Asked: Salary expectations, “Why should we hire you?”, reasons for change, career goals, strengths and weaknesses, and “Tell me about yourself.”

  • Your Approach: Prepared honest and concise answers, aligning them with the role.

  • Outcome: Received positive feedback.

Preparation Tips:

  • Be thorough with your CV and the basics of finance, Excel VBA, and budgeting/forecasting.
  • Practice situational and case-based questions.
  • Research the company and its services to tailor your responses.

Conclusion:
The interview process was comprehensive and tested both technical and soft skills. Being well-prepared and confident in my responses helped me perform well. Future candidates should focus on clarity in their CV and practice real-world finance scenarios.