Got a big interview where you’ll be applying as a Controller of financial services? We’ve got you covered! Here you can find some of the most often asked Controller of financial services interview questions with advice on how to reply. Check them out below (and good luck!)
What experience do you have as a Controller of financial services?
A straightforward question that requires an honest answer – list experience you have as it pertains to the position you’re applying for. Of course, on the off chance you don’t have any experience in the role, plan ahead and have some examples of tangentially related experience. In this way, you can turn a simple ‘no’ into an opportunity to demonstrate your awareness of related skillsets.
Answer Sample:
While my experience with x is limited, while working under y at my last job I really got to learn the ropes about z
As we move into the future, what challenges do you feel our industry is facing, especially the role of Controller of financial services?
To be certain, a wide range of answers are acceptable here. AI, automation, and inexpensive labor are all interesting items to bring up. No matter what you answer here, do some research ahead of time and be sure you can back up your answer.
Answer Sample:
Its hard to know for sure with industry factors such as x and y changing so many things – all I can say is that Im excited for the challenges that come with that
What systems have you developed to reduce/eliminate errors in your work?
Hey, no one is perfect – but when it comes to accounting & finance, perfection in numbers is expected. Here, your interviewer isn’t looking for some superhuman form of error free workmanship. What your interviewer seeks here is a process for quality control.
Answer Sample:
While it may sound funny, Ive developed my own system for quality control that I call the x – its never let me down yet!
Describe a situation you needed to use data to prove a point?
Numbers don’t lie. Here, it isn’t about you being right or a client being wrong, it’s about finding the facts through data. The key to answering this question is focusing on the outcome of data you furnished – and why it mattered.
Answer Sample:
In a recent client meeting, by clearly visualizing some key figures we were able to save them $10s of thousands in tax payable.
Tell me about a time when you received difficult feedback. How did you react?
We all love praise, and we all dislike hearing our work criticized. Any competent interviewer in the accounting profession understands that mistakes happen. The interviewer here is looking for one thing in particular: how you reacted in the situation. Was there denial? Deflection? By dealing with difficult situations calmly and with full accountability, you demonstrate qualities every employer loves.
Answer Sample:
No one likes these situations, but Ive found that dealing with it factually and without predjudice tends to be the best approach
Detail is critical in our industry – what do feel makes you a detail oriented person, and why?
Always with the details! You’d be hard pressed to find any job in the accounting & finance industry where being detail oriented isn’t a major requirement. Once again, saying it is one thing, being able to prove it is another.
Answer Sample:
My careful attention to x and y prevented a major audit last year
Which accounting specific software are you familiar with?
These days, your mastery of accounting software is practically expected. In the event that you don’t have experience with popular software, familiarize yourself with industry standards ahead of time. Do some research and investigate new platforms or recent developments in the software field.
Answer Sample:
The bulk of my experience lies with the x platform, but Im fascinated with some of what the y system is capable of
Regarding culture, what environment do you feel you do your best work in?
Culture is king these days, and for good reason. Simply put, culture fit means that your values are in alignment with your prospective employer’s. You’ll want to be careful here, indicating that you are able to thrive in a variety of work enviornments.
Answer Sample:
I succeed when given clear expectations of me and my team, and find a balance of working individually as well as alongside a team is when Im most content
Why are you leaving your last financial industry / accounting position?
An innocent question, but deadly if answered improperly. Your need for better pay or indicating that your ‘old boss was an idiot’ may leave your interviewer with the wrong impression of you. Even if you were subject to downsizing or let go for other reasons, keep it short and concise, and avoid drama regardless of how tempting it may be.
Answer Sample:
My last position came to an end rather organically, and its now time to seek new opportunities