Thanks everyone for watching and engaging with this video! I encourage you to download my Free Balance Sheet Metrics Cheat Sheet, I’ll leave a link in the description. Cheers!
Starting to interview for more senior finance analyst roles. After my first one , I quickly realized that despite how confident in the behavioural section, I would always stumble on the technical stuff as my current day-to-day role is very basic and data entry like at most.
I am preparing for interviews. i came across your channel, and finance looks so EASY!!! Thank you for all the efforts you put in making these videos and making our lives simpler :)
The only hard thing with gross margin being the main KPI is that everyone calculates their gross margin differently depending what they consider to be COGS. Some people will put in sales commisions, gasoline, truck payments etc. whereas other companies won't put those things in. So when comparing companies I find that sometime hard, as what people consider putting into COGS varies depending on the owners and accountants. Great video though! Love your content.
From 800 to 80k to 800k. Awesome content! Keep it up :) Would be nice to have a long video that breaks down the whole Finance department in a SaaS company. High-level - helpful for recruiters and people who are thinking about a career in Finance. I might work on something like this but you are an expert so you'd do a much better job :) Keep it up!
Thanks a lot Bell. You have been in so many ways very inspiring. Small hint 9:00 EBITDA is not operating profit if I’m not mistaken EBIT is operating Profit. :)
For question 4, you would also see the dividends on the cash flow statement (financing activities). Also, don't ask for a pen and paper at an interview. Be prepared and bring both!
Just to clarify something. For question one doesnt that depend on the underlying need of the company? Eg. if the company wants to hedge its operations then it be better of at looking at the Beta of the asset
Thank you for your insight. I really appreciate your efforts in making these videos and ensuring people understand in a simple way.. thank you n keep up the momentum. 👍🏻😊
I'm not sure but for government, it's more of priority skills, do you have any recommendations for how to prioritize your task? How to work with internal and external stake holders?
Make sure to write down your daily/weekly tasks. Then rank them. Focus on things that are either with deadline, or things that can block progress on bigger projects
Bill I was thinking about it..In the first question that's the ratio used to measure the performance of the investment you did, but what ratio should someone use to evaluate a company to decide whether investing or not? a part from the expected return I mean, looking at the financials. ROE right?
Great video thank you! However in your 5. question uncollectible AR goes to a contra-asset Allowance account which reduces AR - not increases it, in the meantime net realizable value of receivables won't change - , or not necessarily?
Also, one more reason to increasing the AR is revised increased credit period to encourage the sales which could also be one of the reason to be evaluated
Isnt ebit a loose term for operating profit Also, for the accounts receivable question, could you say low interest/cheap finance available to customers
Thank you so much for providing such as useful and excellent radio for us. I really appreciate it. Also, I was wonderning if you could kindly make a radia regarding the public accounting firm interview question and answer since you have two years of accounting public working experience previously.
Thank for sharing.It help me a lot. I living in Taiwan and now looking for a FP&A position in global company.could you sharing some aspect about how FP&A view about sales contract? I
I'm applying for an entry level FA position. I encountered the question about EBITDA often on guides on how to prep for the job interview, but the rest of the questions seem to be more rare? What are the chances of getting one of them?
Great information. I have a question? How do you account for financial statements coming up with different EBITDA's meaning the formula doesn't quite work to the exact amount with all companys? Hope that makes sense. Thank you
Thanks for your info ❤️ but, when you are going to discuss about return on investment and profitability please let ur subscribers know about income statement and complete about balance sheet then they will understand 🤗. Thanks again thanks for your efforts
I just wonder, what your opinions if Im from industry, want to go into big 4 as audit associates, would they still accept me if I want to start as junior?
@@TheFinancialController thank u for answering!! but i have one more question. what do u think would be a better choice, i pursue accountancy or bsba finance? bc im really having a hard time coz i think i wanna be a FA but idk:((
A financial analyst assist with financial planning. Which means coming up with a budget and helps measure actual performance of the business toward the budget. Also helps with set up of compensation plans, product pricing, headcount planning, etc
Thanks everyone for watching and engaging with this video! I encourage you to download my Free Balance Sheet Metrics Cheat Sheet, I’ll leave a link in the description. Cheers!
oh and don't forget to subscribe!
Can a company have a good cash flow but bad in fund flow
Starting to interview for more senior finance analyst roles. After my first one , I quickly realized that despite how confident in the behavioural section, I would always stumble on the technical stuff as my current day-to-day role is very basic and data entry like at most.
Hey were you able to get a senior finance analyst role? I am in a similar role as you and want to move up/out.
Im in this same boat, any recommendations?
I can relate to this post
Oh ya. 3 months ago i used your materials to prepare for a finance analyst role interview and i got the job. Thanks for the useful tips!
It is crazy that 2 of these questions came up at my last interview.
Lol great thanks
For a 1st question the best answer should be to look at IRR, NPV, project IRR vs Equity IRR based of FCFf vs FCFE
Complicated topics covered in a really simple way within no time. Amazing Sir!
Glad to hear that Sid
I am preparing for interviews. i came across your channel, and finance looks so EASY!!! Thank you for all the efforts you put in making these videos and making our lives simpler :)
The only hard thing with gross margin being the main KPI is that everyone calculates their gross margin differently depending what they consider to be COGS. Some people will put in sales commisions, gasoline, truck payments etc. whereas other companies won't put those things in.
So when comparing companies I find that sometime hard, as what people consider putting into COGS varies depending on the owners and accountants. Great video though! Love your content.
From 800 to 80k to 800k. Awesome content! Keep it up :)
Would be nice to have a long video that breaks down the whole Finance department in a SaaS company. High-level - helpful for recruiters and people who are thinking about a career in Finance. I might work on something like this but you are an expert so you'd do a much better job :)
Keep it up!
Thanks brother. I forgot about that time :) yeah good idea for a video, will think about it
Thanks a lot Bell. You have been in so many ways very inspiring. Small hint 9:00 EBITDA is not operating profit if I’m not mistaken EBIT is operating Profit. :)
You are better than my finance teacher
Oh, love the recap part at the end! Thank you!
For question 4, you would also see the dividends on the cash flow statement (financing activities). Also, don't ask for a pen and paper at an interview. Be prepared and bring both!
Thanks Andre!
Your channel is doing great! Keep up the good work. Would you have some tips for tricky and more senior FP&A interview questions? Thank you!
Thanks Vinicius. Yeah sure do. I will plan something on this in the next couple of weeks. Great 💡
I really enjoyed your lecture.....
Glad to hear that!
Just to clarify something. For question one doesnt that depend on the underlying need of the company? Eg. if the company wants to hedge its operations then it be better of at looking at the Beta of the asset
My example is the most likely anticipated answer, but it’s not the only answer thou, so you are correct to some degree there
Quality content stays relevant over time. Thanks for this!
Glad you enjoy it!
Thank you for your insight. I really appreciate your efforts in making these videos and ensuring people understand in a simple way.. thank you n keep up the momentum. 👍🏻😊
Thank you so much 😊
I'm not sure but for government, it's more of priority skills, do you have any recommendations for how to prioritize your task? How to work with internal and external stake holders?
Make sure to write down your daily/weekly tasks. Then rank them. Focus on things that are either with deadline, or things that can block progress on bigger projects
Thanks a lot . These videos are life saving
Excellent video. Thank you so much!
Great question & answers. Question answer should be increase in credit sales aside the collection challenge mentioned. My thinking. Thank you.
Bill I was thinking about it..In the first question that's the ratio used to measure the performance of the investment you did, but what ratio should someone use to evaluate a company to decide whether investing or not? a part from the expected return I mean, looking at the financials. ROE right?
Thank you I liked that, it really helped me.
Great video thank you! However in your 5. question uncollectible AR goes to a contra-asset Allowance account which reduces AR - not increases it, in the meantime net realizable value of receivables won't change - , or not necessarily?
Thanks. This question assumes AR keeps climbing but uncollectible AR is static.
Also, one more reason to increasing the AR is revised increased credit period to encourage the sales which could also be one of the reason to be evaluated
Best video thank you so much !
Isnt ebit a loose term for operating profit
Also, for the accounts receivable question, could you say low interest/cheap finance available to customers
Thank you so much for providing such as useful and excellent radio for us. I really appreciate it. Also, I was wonderning if you could kindly make a radia regarding the public accounting firm interview question and answer since you have two years of accounting public working experience previously.
Sure :) I do miss those days 🤣
Thank for sharing.It help me a lot. I living in Taiwan and now looking for a FP&A position in global company.could you sharing some aspect about how FP&A view about sales contract? I
Mate you are fantastic!
Thanks, you too!
great video Bill! more advanced questions would be awesome for another video :)
You got it!
very helpful thanks dear.
I'm applying for an entry level FA position. I encountered the question about EBITDA often on guides on how to prep for the job interview, but the rest of the questions seem to be more rare? What are the chances of getting one of them?
Have a 2nd round interview for FA . Wish me luck.. will update on questions asked
Update: I got a job not as a financial analyst but as a property accountant yay!!
Very informative.. thanks bro
Great information. I have a question? How do you account for financial statements coming up with different EBITDA's meaning the formula doesn't quite work to the exact amount with all companys? Hope that makes sense. Thank you
Could you guide me on how do I go about on Financial Planning and Analysis career,?from entry level, Questions, and Interview
Ok more videos on this topic to come
can indepth understanding what how budgeting process works , who drives it etc
I love your videos. Very helpful
Thank you for the kind words!
Very nice information Thanks regards Wajid Ahmed Khan
nicely told.
Thank you! Love your videos man
Thanks 🙏
But what if the company demands power bi sql and more technical tools
Thank you . Its very helpful .
Glad it’s helpful;)
Thanks for your info ❤️ but, when you are going to discuss about return on investment and profitability please let ur subscribers know about income statement and complete about balance sheet then they will understand 🤗. Thanks again thanks for your efforts
Thanks. Good point!
From India we are Lesson Usefull Good Information.KEEP It Up
Thanks Rohit!
This was very helpful, thank you very much.
Happy it’s helpful ;)
I don't work in finance so I'm not sure why I'm here, but could another part of the answer to question 5 also be a change in exchange rates?
Good point and this could be true for international companies. However these fluctuations are usually immaterial to the total numbers.
Usually companies would run revaluation to maintain their ar and the unrealised exchange gain loss would go after ebidta on the pnl
I just wonder, what your opinions if Im from industry, want to go into big 4 as audit associates, would they still accept me if I want to start as junior?
U r explanation is very excellent sir.
Thanks puneeth!
Thank you brother.. Very well explained
Glad it’s helpful;)
Helpful thank you!
Great ;)
That outro song is so calming lol
Haha true
Can you please suggest a good course for FP&A or to be Financial analyst
Really helpfull...thankuuu
Really it's helpful, thank you very much ✌
Thank you!
great, thanks
You are welcome!
great tips
I have an interview tmrw thanks for sharing this vdo
Good luck!!
Hi, Suberb, Could you please Post the Interview question for Revenue& Billing Account
Ok I will make sure to cover that.
Great video!
Thanks!
Nice video Sir with some bonus Jazz music for us Jazz lovers.
Haha thanks
I have been on multiple financial analyst interviews at this point and they rarely ask technical questions.
I have an Entry level Financial Analyst position (2nd round) and I’m nervous
Best of luck!
@mizzmini45 what questions were asked in secnd round?
Thank you!
You are welcome
Can you please also do Vedio on IFRS9 and IFRS 15
Extremely useful vedio sir..thank u so much.. plz make such vedios coz i want to become a financial analyst..
I will do my best :)
hi sir your video was great. but i really wonder if FAs make big money or at least enough money? you know life today is hard.
Thanks. Yes FAs make a great living/salary
@@TheFinancialController thank u for answering!! but i have one more question. what do u think would be a better choice, i pursue accountancy or bsba finance? bc im really having a hard time coz i think i wanna be a FA but idk:((
Like before watching thank you sir
Could you touch on analysis, forecasting and business model questions please?
Will do
@@TheFinancialControllerthanks! I'm trying to switch from audit to fp&a and have an interview today 🙆🏿♂️. I'll be back to watch
Are dividends also on the balance sheet under shareholders equity?
Dividends are recorded as a reduction to "Retained Earnings" on the balance sheet.
Recap was good part
Thanks for watching
Hi really hepful, can i suggest how does Corporate Treasury works and risk & AML. Could you please post in upcoming videos! just a suggestion
Thanks for the video ideas. Will do :)
Super Sir
.
Is really Interesting!
Thank you!
Thanks so much
Thanks 🙏
What is the Job Description of the Financial Analyst?
A financial analyst assist with financial planning. Which means coming up with a budget and helps measure actual performance of the business toward the budget. Also helps with set up of compensation plans, product pricing, headcount planning, etc
@@TheFinancialController Can you please tell us the software that Financial Analyst used?
Thank you so much
You are welcome!
Informatic
thanks!
Your is so technical
:)
What the financial do please explain to me
It is excellent
Thank you!
Great video Bill 👍🏾 Can you please make a video about Excel for junior accountants (useful functions and maybe some tips). Thank you!
Thanks A Nrr. I will do a video on Excel for accountants soon.
Can you please do Excel videos!
Checking in with this before an interview. All great points
Nick let me know how your interview goes
Thank you! You are doing a great job. Keep it up 👍
Thank you sir :)
Great 👍🏻
🙏 thanks
These can’t be the questions for an entry level position?
Starts at 1:25
Not all heroes wear capes!
Thank you so much really appreciated.
Glad it’s helpful
good
❤️❤️from tamilnadu india
Welcome to the gang :)
You sure you hired fa's ? If yes with those questions lucky them
Commenting for the algo
Lol thank you
I’m graduated from Financial Analysis 3 years ago and I have job interview next Sunday. I feel confused and worried any advice for me .
Thank you
How did it go?
@@Viper4ever05 I received an email rejection email from the company. Wish my luck
❤️
🙏
👍👍👍
Thanks Jin!
👌🏼
Thanks
Thank you so much
thank you!