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Finance Executive Skills Test
Test duration:
50
min
No. of questions:
45
Level of experience:
Entry Level/Mid/Senior

Finance Executive Skills Test

This test can be used by talent managers to assess financial skills like preparing balance sheets, drafting invoices, and more. It helps you identify skills gaps, upskill employees, reduce hiring time by 45% and streamline your L&D efforts.

The man sits at a table with a stack of coins and a dollar sign on it

What is Finance Executive?

This involves being good with numbers, understanding the taxation system, possessing problem-solving skills, and meeting deadlines in a timely manner. These executives can significantly help streamline the financial processes of an organization.

Why use iMocha's Finance Executive Assessment?

iMocha's skills test helps you identify whether an individual has the right experience and knowledge to be employed or promoted to this specific job role. It gives complete access control through role-based user credentials and offers detailed reports of each candidate’s or employee's performance across topics such as Accounting Estimates, Terms of Payment, Factoring and more, so you can make informed and data-driven decisions.

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How it works

Test Summary

It is used to assess whether an individual has the following skills:

  • Ability to manage invoices according to the payment cycle
  • Ability to update and manage the organization's balance sheets
  • Deep understanding of relevant taxation systems
  • Basic knowledge of programming (in the case of tech companies)
  • Knowledge of interest rates and borrowing options for organizations
  • Ability to communicate effectively and work in a team
  • Ability to analyse and extract relevant reports for financial assessment
Useful for hiring
  • Finance Executive
Test Duration
50
min
No. of Questions
45
Level of Expertise
Entry Level/Mid/Senior
Topics Covered
Shuffle

Borrowing costs

Knowledge about interest rates and loan options for businesses are assessed

Earnings per share

How to calculate the percentage of profits/earnings that can go to each shareholder
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Accounting estimates

Analyzing data from various sources to understand market trends and set a budget to ensure efficiency
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Accounts receivable in books

Process of receiving money from the customer through invoicing, collecting, deducting taxes, managing exceptions, etc.
Shuffle

Terms of payment

Knowledge about how to determine the legal conditions for accepting payments from customers
Shuffle

Factoring

An understanding of how to manage short-term liquidity through factoring.
Sample Question
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Question type
Topics covered
Difficulty

Question:

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Test Report
You can customize this test by

Setting the difficulty level of the test

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Combining multiple skills into one test

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questions to the test

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Accounting Assistant Test

Accounting Manager Test

FAQ
How is this skill test customized?
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iMocha's skills test can be customized using industry-specific benchmarks and question patterns. It can be used to test the individual's basic financial skills like invoicing, calculating tax deductions, publishing reports, and tracking earnings. Moreover, the test can also be customized to assess soft skills like time management, effective communication, problem-solving, critical thinking, and more.

What are the most common interview questions related to Finance Executives?
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Some common interview questions for this role are detailed below:

  • Do you enjoy working in the finance sector? Why?
  • Tell us about a challenging situation you faced at work and how you managed to overcome it.
  • Could you tell us about your experience with budgeting?
  • How do you avoid miscommunication while working in a team?
  • Do you have any experience working with balance sheets?
  • Could you explain the concept of working capital?
What are the required skillsets to work as a Finance Executive?
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Here are a few of the skills required to work in this domain:

Technical Skills

  • Analyse and publish financial documents
  • Knowledge of market disruptions and trends
  • Respond quickly to the changing financial market
  • Knowledge of various financial platforms to manage regular requirements
  • Invoicing, balance sheet maintenance & writing reports
  • Knowledge of finance and taxation laws

Soft Skills

  • Verbal and written communication skills
  • Problem-solving and critical thinking abilities
  • Flexibility to adapt to various financial situations