In this role with KPMG Australia, how would you evaluate a new client's financial position?

How to Answer
1st Answer Example
2nd Answer Example

This questions gives you the opportunity to both show some of your experience and knowledge in the field while also showing that you may be able to bring a creative approach to working with new clients. Talk about your personal experiences in evaluating financial situations for organizations you have worked for and be upfront about what you have experience doing and what you haven't been a part of in the larger grand scheme of things. Give your answer a personal touch by talking about the key stakeholders you'd have to work with at the client and how you'd go about building trust with them.

"If I were assigned a new client in this role, the first logical step would be to analyze their current financial performance to see where initial improvements and/or work would need to be done. My first goal would be to meet with key leaders and finance staff for both fact finding on my end and for me to explain my processes as the consultant. This process would also help build rapport with those that I will be working with. From there, my approach would be to review the company's balance sheet. Here, I could get detail on the assets and liabilities of the company and be able to calculate their current ratio. From there, a solid plan of action can be outlined."

"From my experience, there are some key measures that are critical in measuring an organization's financial health. First off would be liquidity to measure the organization's ability to handle short-term debt. If an organization isn't financially sound in the short-term, they can't possibly be in the long-term. If things check out on that end, the next important pieces to gauging financial health for an organization would be to look at and measure their operating efficiency and profitability to ensure that they are built for the long haul. As you can see from my experience, I'd bring a strong ability to work with the clients here at KPMG Australia in these areas."

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How to Answer: In this role with KPMG Australia, how would you evaluate a new client's financial position?

Advice and answer examples written specifically for a KPMG Australia job interview.

3. In this role with KPMG Australia, how would you evaluate a new client's financial position?

How to Answer

This questions gives you the opportunity to both show some of your experience and knowledge in the field while also showing that you may be able to bring a creative approach to working with new clients. Talk about your personal experiences in evaluating financial situations for organizations you have worked for and be upfront about what you have experience doing and what you haven't been a part of in the larger grand scheme of things. Give your answer a personal touch by talking about the key stakeholders you'd have to work with at the client and how you'd go about building trust with them.

Written by Ryan Brunner on April 30th, 2019

1st Answer Example

"If I were assigned a new client in this role, the first logical step would be to analyze their current financial performance to see where initial improvements and/or work would need to be done. My first goal would be to meet with key leaders and finance staff for both fact finding on my end and for me to explain my processes as the consultant. This process would also help build rapport with those that I will be working with. From there, my approach would be to review the company's balance sheet. Here, I could get detail on the assets and liabilities of the company and be able to calculate their current ratio. From there, a solid plan of action can be outlined."

Written by Ryan Brunner on April 30th, 2019

2nd Answer Example

"From my experience, there are some key measures that are critical in measuring an organization's financial health. First off would be liquidity to measure the organization's ability to handle short-term debt. If an organization isn't financially sound in the short-term, they can't possibly be in the long-term. If things check out on that end, the next important pieces to gauging financial health for an organization would be to look at and measure their operating efficiency and profitability to ensure that they are built for the long haul. As you can see from my experience, I'd bring a strong ability to work with the clients here at KPMG Australia in these areas."

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