Finance Associate
We analyzed 199 interview reviews for Finance Associate from various job sites, social network groups and forums.
Here are the most frequent job interview questions asked by HR managers during initial phone or onsite interviews. This list does not include technical or factual questions.
10 frequent non-technical questions for Finance Associate:
According to our research, hiring managers looking to fill Finance Associate role ask soft skills interview questions 52% more frequently than for other roles.
1. Tell me about yourself top question
How to answer
Most job candidates expect this to be one of the first interview questions and probably think of it as an “icebreaker” to get the interview started. It is much more than that! It is your opportunity to show the interviewer your relevance for the job. You want the employer to know that you are qualified to do the job, you are interested in doing the job and capable of getting it done.
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About Yourself
What is your current occupation? Define yourself professionally in one statement.
Pick 3 key skills that make you great at your work (your Key Selling Points). How have you applied these skills?
Try to give some numbers to support your statement.
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About The Company
Your first step is to Research the company to find out as much as you can about what they do and their approach to their business and their employees.
Based on what you know about the company and the job description, why are you interested in the position you are applying for?
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About The Fit
Now is the right time to show the fit between your skills and the company's requirements. Your answer works best if you emphasize your relevance. How do you do this? You will have already researched the company, studied the job description to identify their needs and possible pain points and prepared the relevant Star Stories that show how you addressed similar issues in the past. Your next step is to develop your Present-Past-Present approach.
Start with the Present. Focus on the skills and experience from your most recent positions. What has enabled you to get the job done successfully and how this relates to what the employer is looking to accomplish.
Next go back to the Past. Here is where your Star story comes in. Explain how you were able to use your skills and experience to accomplish a task that relates to an area of concern for the employer.
Finally come back to the Present – summarizing the lessons you learned and how they shaped your response and approach today.
Remember, the whole conversation is about the present, not the past. Just one sentence can summarize why your approach works, and its applicability and relevance to this position.
Pro Tip
You can also end with a question like:
“Do you know what the current needs in the company/department are, where my skills and experience can help?”
That can help you learn more about the company and the job, turn the “interrogation” into a conversation and will allow you to relax some tension.
Read our blog post to learn more about how to answer this question.
2. Where do you see yourself in 5 years?
How to answer
This question belongs to a family of behavioral, or even more precisely, reflective questions.
The interviewer wants to learn two things about you by asking this question.
- They want to know what you think about the job you are applying for. Remember, they are interviewing you for the job that's open right now. Are you a good fit and will you do a good job for them?
- Just as important, they want to get an idea of your ambitions and goals for yourself and if your goals align with their needs, especially going into the future.
In this way the employer should see how you see yourself today, and whether you are ambitious and strive to grow as a professional, and whether you like to learn and develop your skills.
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About Yourself
What challenges do you like overcoming? Where are you starting from and where might you be going?
For example, let's say the position you are applying for is junior accountant. It includes a wide range of tasks such as basic bookkeeping, financial analysis, and reporting. If accounting is your chosen field, then you would most likely want to move in the direction of obtaining your CPA so that you might step up to more responsibility as an accounting manager or senior auditor within the next 5 years. Your responses should make sense in how you see yourself growing in your professional career.
However, at this point, if you are happy just where you are and want to further your current skills, that is also fine as long as there is a growth path for you that can be imagined and described.
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About The Company
Research the company to learn what career opportunities may be available in the department you are applying to, and what the trends are in the company in general.
- Is the business expanding, are they opening new locations, or starting new projects?
- Or are they heavily automating and cutting staff?
Let’s say you are applying for a UX designer position for a brand-new product.
In the future, if the product becomes a success - which is what the company hopes for - the company will hire more designers and you may become a lead designer, or you may become a product manager.
On a side note: If you train your mind to be open to opportunities you will be amazed at how much this world has to offer to you!
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About The Fit
And, of course, try to see where the perfect fit lies between your own potential and aspirations, and the company’s trends and hopes.
However, beware of the risk of showing too much excitement for future opportunities compared to your attitude towards the current position.
As we said earlier, you must show interest and enthusiasm for the position you are applying for. If the interviewer senses that you are more enthusiastic about future growth than about the current position, they may conclude that you are not the right person for the job at hand.
Pro Tip
This question gives you a good opportunity to showcase your Key Selling Points (e.g. “As I am very good at delegating tasks, I can easily see myself leading a team of software testers in the future…”), and end your statement by asking about current initiatives and goals at the company.
In thinking about the possibilities that may lie ahead, you also might want to consider taking a personality test (I recommend 16Personalities which is based on the Myers-Briggs test), research the internet on what career paths are possible with your skills and current job.
It is generally NOT a good idea to say something like:
“Oh, I cannot imagine what happens to me tomorrow, let alone in 5 years”.
This will show you as a person who is unimaginative and not forward-thinking enough to grow with and be a good fit for the company.
3. Why did you leave your last job?
How to answer
This question may be a little touchy for some people, but it's a question asked by interviewers, to find out why you left, in order to better understand how you may or may not make a good fit with their company.
Remember, never speak ill of your old company (this will not go over well).
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About Yourself
There are a number of reasons why people leave or plan to leave their jobs. One very important recent factor has been the impact on jobs and job security due to Covid-19 and all of the issues raised by remote vs. on-site work.
Regardless of the causes, there are three possible reasons that you left your last job or are planning to leave your current job:
- You are looking for a career change
- You are unhappy with your current employment
- You were let go.
Whatever the reason, it's best to always speak in a positive light.
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About The Company
Based on your research about the company and the position you are interviewing for, what do you like most about the company? What excites you about the work as it is outlined in the job description?
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About The Fit
Let's take a closer look at how you might respond to each of the three reasons for leaving your last job.
1. You were let go
You should simply state the facts (e.g. the company was downsizing, your position was eliminated, your department was offshored, etc.). Focus on the positive. You might want to share your accomplishments at your previous employment by relating a pertinent STAR story if you feel that would be relevant.
2. You are looking for career advancement or a career change
In your response you should be upfront, honest and as enthusiastic as you can be about the position. Consider using the Present-Past-Present method when giving this answer. Start with the Present by describing a career goal that is important to you. For instance you are a data analyst applying for a data management position and you are ready for this move. Then go back to the Past to indicate that at your previous job, there were little or no promotional opportunities in your field. Then come back to the Present and say that you are ready to take on the manager role and know that you will do an outstanding job for the company.
3. You are unhappy with your current employment
Sometimes a job just isn't going to take you to the next step in your career.
Keep two things in mind when answering this question, 1) never "bad mouth" your current employer and 2) focus on the postive when speaking about the job and your reason for wanting to leave.
The following is an example of how this question might be answered. This individual was looking to move up to a project manager position and did not feel that her current employer was the right place to achieve her goal. You might find her answer helpful in crafting your own response.
"I really like my job as assistant project manager and love working with all of my coworkers on the team. However, the way the department is set up there is no real path to promotion. There are currently 3 project managers and they are all relatively new in their jobs. As far as I can see, they are all doing a good job and opportunties for promotion may not be opening up in the foreseeable future."
Her comments were positive and her reasoning was clear and consise. Always try to keep your reasons positive and try not to create an impression that you were unhappy with the way you were treated.
Pro Tip
Whatever the reason you are looking for a new opportunity, make sure you are able to show how you are the perfect fit for the job for which you are interviewing!
4. What is your greatest weakness?
How to answer
This question ranks as the most challenging for many people. Fortunately, Mr. Simon is here to help!
Interviewers are not out to trick or trap you! They ask this question to gauge your level of self-awareness, your honesty and openness, and your capability for self-improvement.
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About Yourself
No one is perfect and your interviewer doesn't expect you to be perfect either.
While it is good to be honest and open, it will not help you to put yourself down.
What's important is to find a weakness that you have overcome. How you turned what might be considered a negative into a positive.
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About The Company
Research the company (website, social media, etc) to learn about the company culture.
What personal and professional qualities do they value?
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About The Fit
This is the time to clearly state a true weakness that you have overcome.
Be as specific as possible and stay away from vague cliches like “I work too hard.” It would be difficult for anyone to try and explain how they overcame a weakness like that
Mr. Simon emphasizes the Present-Past-Present method of responding to behavioral questions. When you are asked about your greatest weakness, you should be able to successfully use this approach as well. Here is an example of how someone might answer this question.
Present - "I have always had a fear of public speaking, and believe this may have held me back in my career, especially when having to make presentations to management."
Past - "Last year I learned about Toastmasters International and decided to join this group to help me gain confidence in myself and improve my ability to present to others in just about any situation."
Present - "By overcoming this weakness I believe that it has made me a much stronger candidate for this position, someone you can count on to make presentations to management, conduct training and communicate at a high level."
It's important to show how well you've overcome a weakness by motivating yourself and learning a new skill to grow professionally.
Pro Tip
Use this question to sell yourself!
5. What are your long-term goals?
How to answer
Even in this age of the so-called Gig Economy, employers are always looking for people who can become their strong and loyal “soldiers,” a part of their “army” to help them conquer their market share against their competitors.
So, even if at this moment this job may be a temporary contract, you never know what opportunities may present themselves to you in this company.
Trust me, your hiring manager doesn’t know either!
So, be open to opportunities and use this question to emphasize how your personal goals correspond with those of the company.
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About Yourself
Start with honestly assessing yourself. (At this moment, you are not sharing these thoughts with anyone, so be as open as you can).
Imagine that you have all the resources in the world and that all roads are open for you.
- How would you use them?
- Which road(s) would you choose?
- What do you see on the horizon in that direction?
Be audacious and don’t limit yourself. There is no longer a perspective than “long-term,” so be as futuristic as you possibly can.
List a few “road” options that you would be enthusiastic about going down.
For example, this list may be as broad as the following:
• writer
• choir director
• software engineer and architect
• CEO of a unicorn startup company,
• entrepreneur.As William Shakespeare once said, “We know what we are, but we know not what we may be.”
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About The Company
Now, look at the company.
- What is the industry they operate in?
- What is the position you are applying for, and what are potential career growth possibilities within the department, company, and industry?
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About The Fit
Which of your “road” options correspond best with the opportunities presented by this company?
Highlight this option and focus on it. Imagine, in as much detail as you can, going down this road.
What would be the major milestones for you, in order to move towards your goal?
Describe the chosen option by focusing on the first 1-2 milestones, and by presenting it in light of company goals and current initiatives.
For example, if you are applying for a project manager position in a corporation engaged in the education industry, and your “road” option is “CEO,” your next career step may be a program manager, or an innovations and research manager.
Explain why you are enthusiastic about reaching these goals, and what makes you think you have the necessary traits and skills to reach them.
How can the company benefit from these traits and skills of yours already today, in the current role you are applying for?
Pro Tip
Framing your answer in the same terms used by the company will help ensure the interviewer can easily understand your language and help both of you to be “on the same page.”
The easier you make it for the interviewer, the better are your chances they will “vote” for you over other candidates.
6. Tell me about a stressful situation and how you dealt with it
How to answer
Stress on the job comes in many forms and from many sources including tight (perhaps impossible) deadlines, difficult bosses and co-workers, family issues, hard-to-please customers and clients and numerous other causes. There are also levels of stress ranging from the ones that are so common that we consider them normal, up to those that can really skyrocket.
Your future employer wants to know how you will behave in such times, whether you will be a helping hand or a burden.
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About Yourself
In order to form a response to this question, think back to a time when you encountered a stressful situation at work, and answer the following questions.
- Was the situation a challenge just to you personally or to your entire team?
- What was your approach to the problem and how did you handle it?
- What role if any did emotions play in the process of dealing with this situation?
- What was the outcome, was it successful?
- Did the outcome meet the company’s expectations as well as your own?
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About The Company
- What do you know about the company, where you may encounter a stressful situation?
- Are they working on a major project which is approaching a due date?
- Are they going through what appears to be a difficult time where cost-saving is a top priority? Perhaps the company culture is full of negativity and mistrust, or they have gone through massive layoffs. Is there any chance that customers are being neglected?
Any of these situations may lead to stressful times at the company, and you should try to know more about their expectations, and how realistic those expectations are.
Or, are they just a dynamic, highly agile company run by smart and creative folks, which may work excellently for some people and be confusing and mind-blowing for others?
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About The Fit
Once you have determined which STAR story will best answer this question, use the Present-Past-Present method for your response. The following is an example of how someone might apply this method.
The candidate started with the Present by telling the interviewer that she is able to rise to the challenge of the situation regardless of the level of stress that may come with an assignment.
She then went back to the Past to describe when she and her team had to hit a tight timeline for a customer that depended on the outcome of her team's work. It was an emotional time in which the team worked long, hard hours with lots of overtime. As hard as it was at the time, in the end they successfully completed the assignment and the customer was so pleased with the results that it increased its business with her company.
Finally, the candidate came back to the Present to explain how much she enjoys taking on challenges because they help her grow as a professional and she knows that she can successfully complete assignments for the company, no matter how stressful or difficult.
Pro Tip
Think of your ideal workplace environment.
- Does this company feel like it would be ideal for you?
- Do you feel excited and enthusiastic about taking on the kinds of stress you may encounter here?
- Would you prefer to work in an environment where the stress levels were lower or at least more manageable?
If you feel compatible with this company culture and enthusiastic about the challenges you expect here, this is a good chance to mention it and to show your excitement.
Explain your approach or rationale when you give your example from the past.
If you cannot remember any stressful situation with a positive outcome, you can use one with a less than positive outcome but it must be accompanied by your lessons learned and how you were able to use the lessons to help you move on.
7. What would your previous coworkers or clients tell me about you?
How to answer
This question is another way of saying, “Tell me about yourself” but from another person’s point of view.
Most prospective employers ask this interview question to compare your self-assessment to how your references might describe you and to assess your soft skills to determine how well you’d fit into their group dynamic and company culture.
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About Yourself
Spend some time reflecting on how others perceive you so that you can speak smoothly without overinflating or undervaluing yourself.
Recall conversations with coworkers or managers in which you received acknowledgment or feedback.
It is an opportunity for you to share your best traits (your Key Selling Points).
- Would your coworkers and clients say that you are dependable, trustworthy, flexible, honest?
- Do you always show up to meetings on time and promptly reply to emails?
- Would your coworkers say you are punctual and responsive?
If you frequently lend a hand when co-workers or customers struggle, your colleagues, clients and managers would highly likely say that you are helpful.
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About The Company
Research the company to learn what the employer or interviewer values.
Compare their values with your qualities that you think would be a good fit and carefully read the job description.
The employer's job posting is a great guide for what employers want to see in candidates.
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About The Fit
Use the question as an opportunity to emphasize your strengths.
It’s important to highlight how well you communicate and how well your personality and work style will match the company and team culture.
Using the STAR method, describe a successful team project from your previous job mentioning how well you interacted with your colleagues.
For example:
“My past coworkers have told me that I am highly organized and quite good at time management. During one specific project, my team members gave me praise for developing and sticking to a timeline for all the different aspects of the project. We ended up successfully completing the project ahead of time, and it went really well! I’d love to have a similar relationship with my team members in this position.”
If by chance you didn’t get along well with your coworkers at your last job or your coworkers would be likely to note that you didn’t fit in, it could mean that the company culture wasn’t a good fit for you.
Make sure that if the job you are interviewing for has a similar company culture, or you may not be deemed a good fit for that either.
Pro Tip
A potential hiring manager may check your references, so it’s important to be honest and consistent with the feedback you give the interviewer, and the feedback the former manager or colleagues will give to you.
8. What is your ideal work environment?
How to answer
Happy and motivated employees are great at work when compared to employees who are uncomfortable with the organization’s work culture. This means that work culture plays an important role in the performance of the employees.
Interviewers ask this question to understand your potential in the workplace and your personality; they want to uncover whether you’re the sort of individual who can excel in the type of environment they offer.
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About Yourself
To describe your ideal work environment, you need to make the answer fit both your professional and personal preferences.
- What inspires and motivates you?
- What kind of work environment helps you to be at your best?
- What talents can you reveal when you are comfortable?
- What aspects of your character can increase your professional opportunities?
- Are you flexible enough to adjust to different environments without any issues if needed?
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About The Company
Your answer should reflect the working environment of the business you’re interviewing with, so it’s important that you research the company thoroughly.
Head over to their website and read their mission statement and other hints at their culture.
Look on LinkedIn for any contacts you may have that know about the company (or even better, that actually work or worked there) and reach out to them for insights. Read feedbacks on websites like Glassdoor.
- What goals does the company have?
- Does it have formal or informal structures?
- What does it value in its employees?
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About The Fit
Work environment not only means the culture of the company but also refers to the physical place where you will be working.
In addition to considering the type of company you will be working for, you should also think about things such as the size of the office, the size of your future team, and what you see around you, when you are in for the interview.
Make sure that your vision aligns with the company’s existing cultural and physical environment.
Regardless of the size of the company, you should be able to tell the interviewer why that company fits what you are looking for.
If you are applying to a larger company, you might want to emphasize that job security is important to you.
If your prospective job is with a smaller company - state that knowing everyone’s name allows you to feel connected.
To convince them that you’re the ideal candidate you should focus on your aspirations for future and professional growth.
Also, mention your teamwork skills. Say that it should be the place where you can work with different people to produce the best results possible.
Ensure the interviewer that you are someone who knows exactly what you want.
Pro Tip
If you want to leave a lasting impression of yourself, don’t build your answer just with the company, its website information and its manner of operations.
Try to be unique and stay away from clichés.
9. What challenges are you looking for in this position?
How to answer
This is a typical question that interviewers ask to determine what you are looking for in your next job, whether you are qualified for the job and if you would be a good fit for the position.
They want to hire people with goals and motivation for their career; they want to understand how you approach novel situations and difficult tasks that you might expect to face, and the situations you consider to be a challenge.
This question can be a way for you to show how you handle these circumstances. It also helps the interviewer to know if you are a person who likes routines or a person who prefers dynamic changes in plans.
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About Yourself
- What qualities do you wish to develop in yourself both professionally and personally?
- What kind of culture do you want to work in?
- What motivates you?
- What will help you to achieve your future goals?
Choose those things that you’re already pretty good at, but still trying to improve even more.
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About The Company
Research the company, its culture and the work environment. Check their website, read up on any media report you can find about them, check out their social media platform.
Carefully read the job description to get an insight into what the company thinks the challenges are. Make sure to include them in your answers to demonstrate your skill set.
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About The Fit
The best way to answer this question is to discuss how you would like to be able to effectively apply your skills and experience to the new job.
Focus on those skills that you are most passionate about or have the most experience with. You can also mention that you are motivated by challenges, can effectively meet them, and have the flexibility and skills necessary to handle a stimulating job.
Describe specific examples of challenges you have met and the goals you have achieved in the past. Choose those that reveal your strengths.
Challenges clearly vary widely based on the position you are applying for.
For example, in sales you may speak about higher sales quotas, a larger sales territory, or a more prominent range of products or services.
In IT, they might be learning a new software program or incorporating the cloud in the company’s systems.
In a management position, it could be leading a larger team than you currently do or stepping into your first leadership role.
Pro Tip
Don’t suggest challenges that can prevent you from doing a job properly or those which are impossible to resolve.
Also don’t choose those that are too easy or too quick to resolve, because in such a way you will not be able to show that you are eager to grow further and meet difficult tasks.
Be honest and self-aware and don’t be afraid to speak about some of your points that may need improvement. Not those, of course, that are related to your crucial work duties.
10. What can you do better than the other candidates?
How to answer
This question is another variation of the question *“Why should we pick you instead of someone else?” *
The interviewers want to know not only about your skills and experience, but who you are as a candidate and as a person.
They are testing your confidence, problem-solving skills and the ability to think on your feet. It is also a way to check how you can differentiate yourself from others and if you can convince the interviewer to hire you.
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About Yourself
Think hard about how you can differentiate yourself from others. What makes you special?
It is an opportunity to highlight your strengths and Key Selling Points to the potential employer.
Just be sure when you do so, you don't imply that you are better than everyone around you.
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About The Company
Research the company. Go through the company's website, glance through the career section and check the qualities that they are seeking in the potential candidates. Do your qualities match those required by the company?
A job description will give you a good handle on what kind of employee a company is looking for. You can tailor your answer based on how your strengths align with the type of employee they want to hire.
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About The Fit
Give a specific example of how your education or skills directly match the job description and make you an asset.
To show that you will fit company’s culture, your answer can be started with something like:
“Although I cannot compare myself to any other specific candidates since I do not know their qualifications for this position, I can speak to my own skills and abilities which include…”
At this point, you can throw in something which separates you from the other candidates, and that highlights your additional abilities.
Skills that are specific to you, that can be mentioned together and are relevant for the position.
For example, you speak several languages and have a great sense of humor; you are a great communicator and technically minded; you are great with numbers and a perfect team player, etc.
This will definitely be bright and remarkable. Conclude by saying that you feel confident that you will be able to fulfill the necessary job requirements thanks to your experience, expertise, previous successes, your ability to learn quickly - whatever the reasoning is, just be completely honest and enthusiastic.
Pro Tip
Remain positive and avoid answers that make you look arrogant, overconfident, difficult to get along with, or otherwise overly critical.
Focus on what you can do, not what others can’t.
Your enthusiasm, confidence and body language will speak volumes. Look directly into the interviewer’s eyes, smile and speak clearly.
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This page has been updated on February 23, 2024.