Getting ready for a job interview can be stressful – especially when you’re in a field like accounting where technical questions are the norm. The process is even more challenging if you’re in the early stages of your career or transitioning into accounting. That’s why we’ve asked Richard Menchen, VP and operations controller for NetJets, a private aviation company, to share his insights into the interview process from the perspective of an experienced hiring manager. His experience and tips can help you understand what to expect and how to prepare for an accounting interview.
Accounting interviews are similar in many ways to most professional interviews. Your interviewer wants to get a sense of you as a person and professional, learn about your education and experience and evaluate your potential fit on their team. However, since accounting requires highly specialized knowledge, you should also expect questions that test your accounting knowledge and abilities.
Like most interviews, a standard accounting interview will open with introductions. Make a great first impression by preparing a brief introduction highlighting your education and experience. Most of your time with the interviewer will likely consist of questions and answers about your background, skills and scenarios you might face in the role. Finally, the closing portion of the interview offers you a chance to ask the interviewer any questions about the company and position.
Going into an accounting interview, you can expect questions that fall into three main categories – general interview questions about your background and goals, technical accounting questions and behavioral questions related to your work style and collaborative ability. While the specific questions you’re asked will vary by role and industry, understanding the types of questions that might arise can help you avoid getting caught off guard. Find the questions Menchen most often asks entry- and mid-level accountants below.
General Accounting Interview Questions
If you’ve interviewed for professional positions before, some of the questions you’ll encounter in an accounting interview may seem familiar. These general queries are primarily aimed at getting a sense of your education, experience and plans for your career. Common questions include:
Technical Accounting Interview Questions
Though the specific technical accounting questions you encounter will vary based on position and industry, you can expect to be asked about core accounting concepts in most interviews. Remember, the interviewer is interested in both your knowledge and your ability to explain ideas effectively and concisely. According to Menchen, questions might include:
Behavioral Accounting Interview Questions
The behavioral questions you’re asked in an accounting interview are likely to be similar to those you might encounter in other fields. By asking these types of questions, the interviewer is trying to assess what you’ll be like as a team member and how your personal work style will fit within the company. Behavioral questions include:
It’s impossible to predict everything that might come up during a job interview, but you can set yourself up for success by putting in the time to prepare beforehand. Key steps to prepare include the following.
Even if it feels awkward, practicing introducing yourself and answering common questions before the interview is always wise. Ask a friend or family member to help, or take advantage of any career resources your college or university may provide. If all else fails, talk to yourself in the mirror!
The specific technical questions you encounter will vary depending on the role you’re interviewing for. Still, reviewing core accounting concepts like financial statements, accrual and depreciation is always a good idea. If you are interviewing for an accounting position in a specialized industry, refresh your knowledge of that field and think about the financial concerns your target company may face.
Another critical step is to review the job description carefully. It likely specifies the role’s core tasks and mentions specific skills and software. Review those areas to ensure you’re fresh and ready to demonstrate your capabilities. If the position involves software or functions that you haven’t used before, be honest about your experience – but be prepared to show your interviewer that you have a basic understanding of what the tool is used for and that you have a plan to fill in any skill gaps.
Interviews are a two-way street. Your interviewer is trying to determine whether you’re a good fit for the role and the company, but it’s also an opportunity for you to assess whether the role is the right fit for you as a person. That’s why you should always take the opportunity to ask questions in your interview. Potential queries for the hiring manager include the following.
Even if you feel confident that you understand what the role will entail, it’s generally wise to ask at least one question to demonstrate to the interviewer that you are engaged and interested in the company.
According to Menchen, standout applicants for accounting roles can demonstrate relevant experience and knowledge and show an ongoing commitment to career development and advancement. Certifications like a CPA can be a significant value-add for certain positions, particularly those that are more technical or research-focused.
Menchen also looks for candidates who demonstrate “soft skills” in interviews. Small things like making good eye contact with the interviewer, rather than looking down or around the room, can make a huge difference. Be polished and timely, and show your interviewer you’re enthusiastic about the company and the role.
“Don’t be afraid to talk about yourself,” said Menchen. “Identify skills or traits that you are good at and be sure to highlight those attributes in the interview.”
After the conversation ends, follow up by sending a thank you email or note. If you spoke with more than one person, send each interviewer a personalized note. Even in today’s fast-paced world, this gesture still holds significant weight for many hiring managers.
If you’re ready to advance your career in accounting, Franklin University’s master’s degree programs may be right for you.
The M.S. in Accounting - Financial Operations Focus and M.S. in Accounting - Taxation Focus each offer theory-to-practice curricula taught by experienced practitioners. Both degrees are delivered 100% online and can be completed in as few as 17 months, allowing you to study without interrupting your professional life. Plus, earning a master’s degree will give you the required hours and foundational knowledge needed to sit for professional accounting certification exams, such as the Certified Public Accountant (CPA) designation.
Learn how a Franklin University master’s degree in accounting can help you build your future.