Got a big interview where you’ll be applying as a Financial Reporting Specialist? No worries! On this page, we’ve listed some of the most common Financial Reporting Specialist interview questions with advice on how to reply. Check em out below and thank us later!
Do you have any experience working as a Financial Reporting Specialist?
Here, you’ll obviously want to speak to your specific skills as they relate to the position you’re applying for. Don’t get caught off guard by this question should you not any actual experience. Plan ahead and have something relatable to share. In this way, you can turn a simple ‘no’ into an opportunity to demonstrate your awareness of related skillsets.
Answer Sample:
I believe the core requirement for x is y – and through my volunteer work I gained a ton of experience in how x fundamentally relates to y
As we move into the future, what challenges do you feel our industry is facing, especially the role of Financial Reporting Specialist?
There are a variety of ways to answer this one. Try discussing ‘buzzworthy’ topics like AI, software, and inexpensive labor. Regardless of your answer, be sure to have something to backup your responses.
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
How do you minimize the risk for errors in your work?
Hey, no one is perfect – but when it comes to accounting & finance, perfection in numbers is expected. While you may be a caped crusader with superhuman error-free work skills, your interviewer won’t buy it. What they’re looking for here is some sort of system of checks and balances.
Answer Sample:
Rain or shine, I always make sure that x is reviewed 3 times over and referenced against y before it goes out the door
Tell me about a time you used numbers to tell an effective story?
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.
Has there ever been a time you were required to deliver critical feedback?
Difficult feedback is difficult for a reason. Your interviewer realizes that everyone makes mistakes, and they’re not looking to hang you out to dry. What you’re going to want to do here is be sure to let the interviewer know what you did in reaction to this feedback. 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
Would those that know you describe you as a detail oriented person? Why might they describe you that way?
The devil is in the details – and even more so with accounting! As an accountant, this is a serious requirement. Like many non-valid responses, your statement ‘yes I am a detail oriented person’ is not going to cut it.
Answer Sample:
By ensuring that x and y were carefully reviewed, the organization was able to save immensely on z
Which software and/or applications are you proficient in?
Every modern accounting practice will require some level of proficiency when it comes to software. If your experience is limited, make sure you at least have a basic understanding of industry standards prior to the interview. Take some time to ensure you are able to to name popular applications, and have a solid idea of their purpose.
Answer Sample:
Im proficient in x and y, but ive ready tons of good things about z and would love to learn more about it
What sort of work culture do you find most appealing and why?
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. While you may be a lone wolf, be careful how you answer this question should it fall out of alignment with the organization.
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
What made you leave your last job – and why are you choosing us?
An innocent question, but deadly if answered improperly. Seeking more money or mentioning the ‘terrible management’ at your last job may leave your interviewer with the wrong impression of you. Even if you were let go, keep it short and concise, and avoid drama at all costs.
Answer Sample:
Working at x was a great experience for a vareity of reasons, but now its time to seek out new challenges