Top 25 Project Accountant Interview Questions

What are your career goals?
Best way to prepare for your Project Accountant interview starts here. Practice over 20 Project Accountant Interview Questions.

Interview Questions and Answers List

1. What are your career goals?
Was this question useful? Yes / No
2. Why are you the best candidate for us?
Best Answer
I love to work and workoholic. I can add value to your esteemed organization.
2.
As per the company requirement I am fulfilling all criteria. I will put all my effort for the company sake. I believe in team work.
3.
In near term, I would like to be part of team and understand the role and responsibilities. Perform best to meet the expectations of management.
4.
Have the qualification you are looking for in project accountant eg maintaining project budget and producing progress claims. I am team player. I take directions and have the desire to be successful to produce excellent results.
5.
I have what you required for this job education background, expereince in full cyle of accouting, skills necessary to perform the job.
Was this question useful? Yes / No
3. How do you stay organized as an accountant?
Best Answer
I have my calendar, I make daily work list and check list and get organized.
2.
By Maintaining secrecy All documents to be kept confidential never discloses any information to anyone.
3.
I parotize my work according to deadline.
Was this question useful? Yes / No
4. Have you had any disputes with other employees in different departments about costs?
Best Answer
Yes but i always try to find the solution and make the employee to inderstand the situation.
2.
Yes but i always try to find the solution and make the employee to inderstand the situation.
3.
Yes and I always try to resolve the issue and make things easy to understand for other employees.
4.
Yes, but an amicable solution always comes where I show them the need to conserve costs and how to monitor their own costs.
5.
Have not worked on costs but have solved the situation with other department.
Was this question useful? Yes / No
5. Tell me about your education in accounting.
Best Answer
Business Administration degree
2.
I have a Batchelors Degree in Accounting. My area of study was Costing. Allocation is the key for costing.
3.
I am a certified public accountant working towards my CMA .
4.
Right after high scholl , i did Certificate course in financial management for two years and ihave been working as Sr. accoounta for the last 19 years. i have a good knowlegde of accounting works.
5.
I amna qualified project accountant with experience of provide accounting support for projects preparing financial analysis and reports for project activities
Was this question useful? Yes / No
6. What areas of accounting are you particular good at?
Best Answer
analysing cntract bills and profiling best contract to be sorted for
2.
IAS 11 - Construction Contracts
3.
Allocation Method.
4.
Auditing and preparation of books of final accounts.
Was this question useful? Yes / No
7. How long do you plan on working in our department?
Best Answer
Like any one else, I look for a long term relationship with the company. After giving considerable amount of time, if there are opportunities to grow within the company, until then.
2.
Provided it provide opportunities to grow in my career I would stay in my department until I will retire.
3.
It solely depends on Comapny.
Was this question useful? Yes / No
8. What is an audit query?
Best Answer
Any questions related to a company which is audited either by an internal or external auditor.
2.
The final touch of the accounts.
3.
It is the matter being investigated while examining financial report of a company.
4.
Audit queries are questions asked by an auditor during an investigation. These may be used to gather information to come to a conclusion in the audit.
Was this question useful? Yes / No
9. What can you do for us that other accountants can not?
Best Answer
Contracts evaluation/Subcontracts accuracy.
2.
Using my knowledge i can provide great accounts and helping the company achivening the goal.
3.
I will try to work harder than that of other accountant in the project by analyiing all the reports that directly related to project accounts work.
4.
I will not only be an asset to your company in accounting field but also in other decision making processes. This is because my last job involved designing projects thus I have gained insights in the area.
5.
Attention to detail, just need to be familir with system no training, and financial role.
Was this question useful? Yes / No
10. How do you determine how much labor costs are for a particular employee that has worked on several projects, not just this one?
Best Answer
The labor costs are usally pulled out from a payroll system. Particular employee should be coding his/her time according to the cost code worked.
2.
By looking at the expences for the particule projesct and the labour hours involte in the eacch project.
3.
Check the previous amounts he/she earned per hour add any increment as per contract he/she signed with the company then multiply with the number of hours he/she worked.
4.
Time track data is the key and total employee cost and divide by projects.
Was this question useful? Yes / No
11. What was the most challenging project you worked on?
Best Answer
I have worked on a Project that was handed over me in the middle of a mess. I first took a look at the accrued receivables and started clearing the unreconciled balance. I was sucessful to bring the balance down to a nominal cost of couple of thousand dollars.
2.
Project A . Infact I didnt work but just watched it. Its a Nice Movie starring Jackie chan.
3.
Whwn i was a student at university I had to managet a project including 5 people in a team I was the one responsable for the project and coordonate.
4.
When I designed a project targeting vulnerable populations I did not have adequate information about.
5.
Clear the balance sheet from a mess.
Was this question useful? Yes / No
12. Tell me about your experiences as a project accountant.
Best Answer
my experience as an accountant has been great ranging from, Financial Reporting, treasury management, budgeting and budget control, compliance and general ledger management, internal control management and human resource duties
2.
Gained considerable knowledge in costing. Lots of analysis and how effectively cost accounting system can be used.
3.
I have worked as account consultant for two years where I specialized in conducting project feasibility studies, designing alternative sources of finance and preparing project budgets.
4.
I have an experience of eight years now as a project accountant working with two different project at Plan tanzania.
5.
I have more than 8.5 years expeience in accountancy field working as a project accountant in any site/project is awesome.
Was this question useful? Yes / No
13. Have you ever worked on a project that lasted multiple years?
Was this question useful? Yes / No
14. Why did you choose to pursue a career in accounting?
Best Answer
Because Accountancy field is very interesting and challenging.
Was this question useful? Yes / No
15. How would you come to a resolution disputing material costs for a project that you shared materials with?
Best Answer
Split the cost.
Was this question useful? Yes / No
16. How do you prioritize when you have multiple deadlines to meet?
Was this question useful? Yes / No
17. Describe the systems you have in place for keeping track of assignments given to staff members.
Was this question useful? Yes / No
18. How have you monitored the performance of your team?
Was this question useful? Yes / No
19. How do you handle difficult clients?
Was this question useful? Yes / No
20. Tell me about your education.
Was this question useful? Yes / No
21. How have you implemented the recent tax changes in your company?
Was this question useful? Yes / No
22. How did you handle it when projects were over budget? What did you do to keep it within budget?
Was this question useful? Yes / No
23. What is your greatest weakness? What are you doing to improve it?
Was this question useful? Yes / No
24. What is your greatest strength?
Best Answer
I would say my greatest strengths are excellent communication, being extremely organized, stakeholder engagement and flexibility to achieve deadlines.
Was this question useful? Yes / No
25. How have you monitored the regulations that affect your accounting position?
Was this question useful? Yes / No