Finance Manager Mock Interview
Master 25 Finance Manager interview questions covering budgeting, forecasting, and financial leadership.
Question 14 of 25
Do you have experience handling massive amounts of data? Give an example of how you used data to solve a problem?
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Brian Schuchart is a CPA and Senior Finance Business Partner. His professional experience includes senior management roles with NBC Sports, Virtual Health, and the Children's Hospital of Philadephia.
Due to the advancement of technology, Finance Managers and other finance professionals have the ability to take massive amounts of data and analyze it . Give a specific example of a time when you used data to answer a question or solve a problem.
Brian Schuchart is a CPA and Senior Finance Business Partner. His professional experience includes senior management roles with NBC Sports, Virtual Health, and the Children's Hospital of Philadephia.
"Yes, we use Big Data frequently at my current employer, ABC Retailers. One way we were able to use Big Data to our advantage was for analyzing sales returns. We noticed return rates were coming in higher, and we were able to pull thousands of rows of transaction-level data and filter by customer type. This allowed us to catch that new customers were driving our return rate higher. We created a dashboard that allows us to view this data each month as part of our analysis."
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No, I don't have experience working with large amounts of data. However, I am working in an NGO in the health sector, where my colleagues collect data from the community level and process it into information that can be used by all Ministry of Health stakeholders, and that information should be accurate and reliable.
Chad's Feedback
Good start! You direct the focus away from your lack of direct experience handling massive amounts of data by referring to your related experience as part of a non-government organization. The interviewer will want to hear more about the specific role you play in the NGO, especially any transferable skills that closely relate to this specific task. I also suggest clarifying the problem that the NGO is working to solve through the collection of data.
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