Financial Consultant Interview Questions

Financial Consultants provide advice to clients on taxes, retirement planning, investments, and insurance decisions to help clients achieve their financial objectives. Financial Consultants are either self-employed or work for financial institutions or consulting firms.

Whether you're a job seeker preparing to be interviewed for the role of Financial Consultant or an employer preparing to interview candidates for Financial Consultant position, these Financial Consultant interview questions will help you prepare yourself for the job interview session.

Financial Consultant Interview Questions

Below are a list of some skill-based Financial Consultant interview questions.

1. What information do you need from clients to develop personalized financial plans?
2. How would you gain the trust of skeptical or uncertain clients?
3. How do you keep abreast of legislative changes that could impact clients' finances?
4. What do you think are the most challenging financial regulations?
5. What do you think is the best way of soliciting new clients?
6. Tell me about your experience in finance. What was your last position in the industry and what were your responsibilities?
7. Tell me about a key achievement in your finance career. What did you do to achieve that goal?
8. Have you completed any professional development courses recently? Tell me about them.
9. Tell me about a time when you had to overcome a problem. How did you respond to it?
10. Tell me about a time when you improved the financial health of a company. What did you do?
11. In previous positions, how did you collaborate with management to help the company meet its financial goals?
12. What interests you most about finance, and how might you apply that interest to this position?
13. Tell me about a time when you took a leadership role in a finance position. What did you do to lead your team effectively?
14. Which financial statement is the best to use when assessing the overall health of a company? Why?
15. What is the weighted average cost of capital (WACC) and how would you calculate it?
16. Why is it important for a company to have a strong financial model?
17. What would you say is an ideal budgeting process for a company?
18. Tell me about working capital. How does it typically affect a company's financial health?
19. What are some of the biggest challenges regarding cash flow and how do you usually overcome them?
20. Which software do you find most useful when tracking fixed assets like property, plant, and equipment (PP&E)? Why?
21. Why are write-downs important, and how do they affect financial statements?

Financial Consultant Interview Questions and Answers

Every interview is different and the questions may vary. However, there are lots of general questions that get asked at every interview.

Below are some common questions you'd expect during Financial Consultant interviews. Click on each question to see how to answer them.

1. Tell Me About Yourself
2. What Is Your Greatest Accomplishment?
3. Why Do You Want To Leave Your Current Job?
4. What is Your Greatest Weakness?
5. Do You Have Any Questions for Us?
6. Why Do You Want This Job?
7. Why Should We Hire You?
8. What is Your Salary Expectation?
9. Are You a Leader or a Follower?
10. What is Your Greatest Strength?