BHEL invites talented & motivated candidates for 150 posts looking for exciting career opportunities in energy sector and willing to contribute towards India’s energy future by being part of our growth journey. Out of the total 150 posts, 20 are for finance at BHEL.The BHEL conducts online competitive exam on 23 & 24 August, 2023 for recruitment of a finance Trainee at BHARAT HEAVY ELECTRICALS LIMITED (BHEL) and declared the cut-offs for interview calls in the 3rd week of December 2023.
• Prepare and maintain accurate financial records, including balance sheets, income statements, and cash flow statements.
• Ensure compliance with Indian Accounting Standards (Ind AS) and other applicable financial reporting frameworks.
• Conduct financial analysis to evaluate the company's financial performance, liquidity, and solvency.
• Advise on tax implications of business transactions and ensure compliance with GST and other tax regulations.
• Handle tax audits and assessments, representing the company before tax authorities.
• Prepare management reports and dashboards to provide insights into financial performance and cost structure.
• Review and recommend improvements to internal control procedures and risk management practices.
• Report audit findings and recommendations to senior management and the Audit Committee.
• Develop and implement financial strategies to optimize capital utilization and financial returns.
• Manage foreign exchange risks and currency fluctuations.
• Assist in the preparation of corporate disclosures and regulatory filings.
• Maintain a high level of professional integrity and ethical conduct.
• Contribute to the company's sustainability initiatives and corporate social responsibility (CSR) goals.
Securing a position as FINANCE Executive Trainee at BHARAT HEAVY ELECTRICALS LIMITED (BHEL) is a significant achievement, and preparing for the interview of FINANCE at BHEL 2023 is a critical step towards making your dream a reality. BHEL conducts rigorous interviews to select the best candidates for this coveted role.If you have success to clear the CBT and shortlisted for the for the Post of FINANCE at BHEL, yourpedia can provide you with a comprehensive guide on how to prepare for the interview and increase your chances of success.
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Applicants also searching BHEL official website for the relevant study material for the interview of FINANCE Executive Trainee at BHARAT HEAVY ELECTRICALS LIMITED (BHEL).
Practice answering common interview questions in addition to technical questions, you may also be asked some general interview questions. Some common interview questions include:
HR Questions:
• Tell me about yourself.
• Why do you want to work at BHEL?
• What are your strengths and weaknesses?
• What are the products of BHEL?
• How do you handle pressure and stress?
• What are your career goals?
Company-Specific Questions:
• What do you know about BHEL's history and mission?
• What are BHEL's recent projects and accomplishments?
• How can you contribute to BHEL's success?
Technical Questions:
• Discuss the different methods for accounting for inventory and their impact on financial statements.
• How would you compute the corporate income tax liability for a company under the Indian Income Tax Act?
• Discuss the implications of Goods and Services Tax (GST) on BHEL's operations and supply chain.
• Explain the different transfer pricing rules and their application to multinational companies like BHEL.
• Discuss the concept of economic value added (EVA) and its use in performance measurement.
• Explain the different methods for valuing intangible assets, such as brands and intellectual property.
• How would you prepare a financial forecast for BHEL's future performance?
• Explain the role of budgeting and forecasting in financial planning and decision-making.
• How would you use performance management tools to measure and improve operational efficiency?
• Explain the different techniques for testing internal controls to assess their effectiveness.
• How would you audit the financial statements of a company like BHEL to ensure their accuracy and completeness?
• Discuss the importance of risk management and fraud prevention in internal auditing.
• Prepare examples from your previous experience that showcase your technical skills, analytical abilities, and problem-solving approach.
• Demonstrate your understanding of relevant accounting standards, tax regulations, and financial reporting frameworks.
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Conclusion
Preparing for an interview for the post of FINANCE Executive Trainee at BHARAT HEAVY ELECTRICALS LIMITED (BHEL) is a challenging but rewarding process. By understanding the role, conducting thorough research, and practicing your responses, you can boost your confidence and increase your chances of success. With dedication and perseverance, you can impress the interview panel and take a step closer to your dream job.
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