Here is a list of finance manager interview questions that will help you in picking the potential one for your organization.
Finance Manager Interview Questions
The task of finance manager is to manage financial operations and advise upper management. Depending on the company, they can also be involved in other tasks such as administering investments and financial planning. These individuals need substantial skills in reporting, data analysis, and budgeting. In fact, knowledge of day-to-day financial operations is essential for this role.
Your candidates will have a degree in accounting, finance or economics. Keep an eye out for the contenders who have a professional certificate. This will let you gauge at their knowledge and experience. Pay attention to those with the industry-specific experience as it may be beneficial due to several specialized regulations.
While interviewing, see whether the candidates have analytical as well as critical thinking. Mathematical skills, organizational skills, and leadership qualities are equally important. Make sure you ask a couple of technical questions as it will let you evaluate their level of expertise.
The candidates who gives attention to the detail and understand industry trend, as well as challenges, will stand out.
Have a look at these finance manager interview questions and ask them from contenders to hire the best one for your company.
Operational and Situational questions
- Can you tell how you would help staff change from a ‘this is how it is always done’ approach to new processes that you implement?
- Suppose upper management asks you to tell them whether the organization should continue offering a service. What would you do?
- How do you manage when you have to deal with multiple priorities?
- Envisage that one of your colleagues made an error. Can you tell how you would handle this situation?
- How the financial statements would changes if we bought a new product?
- If there is a conflict between two accountants you supervise then how would you settle it?
Role-specific questions
- Mention the methods that you use to assess the organization’s progress.
- Can you tell about the type of financial reports the upper management needs?
- Name the key elements to look while evaluating the company’s investments.
- Do you think that cash flow statement is enough to see whether a company is doing well?
- Explain your experience with benchmarking studies.
- Are you familiar with Oracle?
- How do you calculate and interpret ROI?
Behavioral questions
- Was there a time when your advice to senior management resulted in higher profits? If yes, then explain it.
- Can you share a time when you had to prepare a financial report with a very tight deadline? How did you manage?
- Recall a time when you showed initiative regarding a financial matter.
- Was there a moment when you disagreed with the upper management? If yes, then how did you deal with this situation?
- Give me an example of the time when your knowledge of financial regulations benefited your company.
- Describe a time when you improved the quality of the financial information.
- How many performance evaluations have you carried out in the last year?
- Explain your experience in team leadership. How did it contribute to the accomplishment of the project?
- Was there a time when you had a difficult person to manage? How did you handle this situation?
