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      Financial Analyst Interview

      18 Feb 2019
      Anonymous interview candidate
      Austin, TX
      No offer
      Negative experience
      Difficult interview

      Application

      I applied online. The process took 8 weeks. I interviewed at Favor (Austin, TX)

      Interview

      During the interview, they openly expressed that they don’t hire externally unless you’ve been referred or recommended, but they will waste your time with an interview anyway. They’ve re-posted this role a half-dozen times on Glassdoor and they still haven’t filled the role so they either have tremendous turnover or they simply are not serious about hiring for this role. The whole process also dragged on for almost 2 months from the initial call to the time they finally informed me they were not going to offer the job. The role responsibilities were ambiguous, and they were looking for someone to define new processes and create new analytical insights. They aren’t doing too well financially and have had to scale back the markets they operate in. The app delivery market they operate in is also heavily flooded with competition, mostly with bigger companies who operate nationally and have much bigger market shares than they do. They’ve basically plateaued growth wise and have already been bought-out by HEB, but still operate independently so as a new employee to this company, there’s simply not good potential for raises or role advancements. The interview process was extensive and time consuming. The process included a call with the recruiter, a fianncial questionnaire, a call with the finance manager, and a 4-hour interview with various members of the team that included a 30 minute excel test. After my interview, it was literally weeks until they finally gave me their decision despite them saying they would decide in a few days. What made it worse is that they completely ignored my simple follow-up emails after the interview. It wasn’t the time it took them to decide, it was the lack of communication and consideration to let me know if I was still being considered for weeks after the interview despite the dedicated effort I showed throughout the interview process. It made me question their office practices with their partners, employees, and customers. Overall, I wasn’t that impressed with the culture or long-term potential of this role.

      Interview questions [18]

      Question 1

      Describe the steps you would take and information you would need in preparing a forecast for a company. (Questionnaire)
      Answer question

      Question 2

      What are some key factors companies should consider when assessing their own financial health? (Questionnaire)
      Answer question

      Question 3

      Given your knowledge of the Company, what type of revenue breakdown would you expect the key users of the financial model be interested in reviewing and why. (Questionnaire)
      Answer question

      Question 4

      What are some common roadblocks that companies may run into during the development, implementation and review of the budgeting process? (Questionnaire)
      Answer question

      Question 5

      Describe some key metrics that management should consider when evaluating market and product performance. (Questionnaire)
      Answer question

      Question 6

      Explain the process to calculate cash flow using a balance sheet and income statement. (Questionnaire)
      Answer question

      Question 7

      Walk me through what your professional career has been like so far and what has kept you in finance.
      Answer question

      Question 8

      What made you interested in Favor in particular?
      Answer question

      Question 9

      What have you been up to professionally and how did you find out about Favor?
      Answer question

      Question 10

      Can you give me some background for what your current company does and what are some of your main responsibilities there?
      Answer question

      Question 11

      Can you walk me through your decision to leave your last job and what is motivating to leave your current job?
      Answer question

      Question 12

      How big is your current company and the team you are currently on?
      Answer question

      Question 13

      What is Revenue?
      Answer question

      Question 14

      Describe to me how an income statement is created.
      Answer question

      Question 15

      Why is there this gap in your resume?
      Answer question

      Question 16

      How is your relationship with your previous manager?
      Answer question

      Question 17

      What is the hardest task you’ve ever taken on?
      Answer question

      Question 18

      How does pricing affect revenue, how do you measure it, and how would you build a pricing/financial model around that?
      Answer question
      3