3 Must Know Accounting Interview Questions & Answers Plus Sample Cover Letter

Everyone is striving to strike ahead of the pack in today’s competitive job market. The recruitment process has gone a notch higher, with recruiters ensuring that only the best make it through the needle’s eye. To impress these recruiters and secure an interview, ensure you countercheck your job application against this checklist before submitting for consideration.

When you get invited to an interview, how prepared are you? Do you just wake up and go or do you take the time to prepare? And when preparing, what kind of interview questions do you go through? Typical accounting interview questions look for evidence of accountancy related competencies, where examples are the key to demonstrating your suitability.

We are going to discuss some of the interview questions to expect in an accounting interview and how to tackle them.

Related: 4 Ways To Advance Your Accounting Career 

Here are 3 Must Know Accounting Interview Questions & How to Answer

1. What accounting software are you familiar with?

Well, I believe this information is already in your CV, but the recruiter is looking to find out if you are familiar with the software or you lifted the information straight from the internet. When answering this question, don’t just list the software and go silent. Go an extra mile of mentioning the latest versions and give your opinion on that which you prefer and would recommend to an organization and why.

If you don’t have experience in accounting, you can just state what you have worked with. For example, “So far I have worked with QuickBooks, which I find effective in terms of accuracy, speed, and simplicity. However, my willingness to learn has made me take personal initiative in self-learning to use other accounting software like SAGE. Given an opportunity, I will put in the time to learn more and become better at its usage and learn other software that will be in use at the organization”.

2. Have you helped reduce cost at an organization?

Don’t answer “yes” and sit there staring at the recruiter. This is your moment of glory, give two top examples that will go on to show you are a great asset. “Brag” in a modest manner how you have helped your current/previous organization reduce their costs.

For example, “During my first 60 days in office at my current organization, I was able to identify many accounts payables that we could do away with and others we could get cheaper alternatives. For example, the amount of the monthly parking fee we were paying at our office building was so high. I was able to find alternative parking in the building next to our office for a quarter of what we were paying monthly”.

If you don’t have experience, think of a time you made a judgment call either during your internship period or campus days that you helped someone or even yourself save money. Ride on this and make it count.

Read More on This Article here….