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Financial Administrator Skills Test
Test duration:
60
min
No. of questions:
40
Level of experience:
Mid Level

Financial Administrator Skills Test

Make intelligent talent decisions with iMocha's Financial Administrator Skills Test. This assessment evaluates the knowledge required to manage a company's finances by accessing their statistical, budgeting, auditing, and accounting skills. This test will also help you benchmark your potential and existing talent on the industry level, gain skill-level intelligence, and identify skill gaps.

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Financial Administrator Skills Test

A finance administrator plays a critical role in the success of an organization, from assisting in acquiring funds and processing reimbursements to preparing financial reports.

This test will help you understand if they’re able to make effective financial decisions and have sound knowledge of financial accounting principles, cost control processes, financial planning processes, and more. If, however, you need different skill sets assessed, the test can be customized.

Why Choose iMocha’s Financial Administrator Skills Test?

Our assessment is curated by SMEs who have industry knowledge and experience to gauge candidates possessing different skill levels. The test analytics functionality enables you to scrutinize potential applicants and get reports to measure their test performance. iMocha's offers the world’s largest skills assessment library, using which the test can be customized in accordance with the job role.

Within the same test, you can also add English language proficiency test, cognitive tests, and more to ensure holistic assessment.

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How it works

Test Summary

This assessment helps screen candidates who possess the following traits:

  • Strong analytical and problem-solving skills to deal with complex problems using logical solutions.
  • Potential to contribute to financial planning to help an organization achieve its financial goals.
  • Knowledge of preparing financial reports, maintaining accurate records, and processing reimbursements.
  • Ability to communicate clearly and effectively with stakeholders to execute efficient decision-making processes.
Useful for hiring
  • Financial Administrator
Test Duration
60
min
No. of Questions
40
Level of Expertise
Mid Level
Topics Covered
Shuffle

Audit-Standards

Knowledge of guidelines that need to be followed for examining and reporting on organizations' financial records

Audit-Assertions

Knowledge of presenting claims that demonstrate whether or not financial statements are reliable, true, and fairly represented in the auditing process.
Shuffle

Business law

Familiarity with the body of rules that govern the dealings between parties in commercial matters.
Shuffle

AML reporting

Experience and skills in detecting and reporting suspicious activities like securities fraud and market manipulation.
Shuffle

Whistle-blowing

Ability to report wrongdoing within an organization.
Shuffle

Accounting policies

Understanding of the rules and regulations set by the company's management team to prepare its accounts.
Sample Question
Choose from our 100,000+ questions library or add your own questions to make powerful custom tests.
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

Choose easy, medium, or tricky questions from our skill libraries to assess candidates of different experience levels.

Combining multiple skills into one test

Add multiple skills in a single test to create an effective assessment and assess multiple skills together.

Adding your own
questions to the test

Add, edit, or bulk upload your coding, MCQ, and whiteboard questions.

Requesting a tailor-made test

Receive a tailored assessment created by our subject matter experts to ensure adequate screening.
FAQ
How is the Financial Administrator skills test customized?
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iMocha's skills test can be customized to gauge skills level at for various hierarchal levels; we offer beginner-friendly, intermediate, and expert level assessments. The test is curated based on a variety of financial administration skills, such as auditing skills, financial planning, budgeting, etc., and more skills can be added on the basis of the job description provided.

It can also be customized to include soft skills like problem-solving and strategic thinking. Talent professionals can further make the test more organization-specific by adding their own questions and even changing the difficulty level.

What are the most common interview questions related to Financial Administrator?
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Some of the common interview questions related to this field include the following:

  • What are the five basic principles of financial management?
  • What is hedging?
  • What are the five factors that determine the capital structure?
  • Which accounting software is trending these days?
  • What are the steps to performing a liquidity analysis?
  • Which methods would you suggest to track expenses?
  • Can you explain your best approach to projecting returns on investment?

Note: if you wish to get custom tests for your positions, iMocha team can help you!

What are the required skillsets to work as Financial Administrator?
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The required skill sets to work in this domain are listed below:

Technical Skills

  • Accounting software like QuickBooks
  • Databases like MS Access
  • MS Excel skills
  • Bookkeeping skills  

Soft Skills

  • Strong numeracy and analytical skills
  • Good attention to detail
  • Communication and collaboration skills
  • Self-management skills  
  • Organizational skills
  • Negotiation skills
  • Research and strategy thinking skills
  • Time-management skills and interpersonal skills
  • Problem-solving skills