Amazon Financial Analyst Assessment Test 2024: Interview & Excel Test
The Amazon Financial Analyst Assessment Test is a rigorous and often stressful exam that you will need to prepare for well. Anyone who strives to be a financial analyst at Amazon will need to pass this assessment test as part of their recruitment process.
In this guide, our experts will provide you with all the details and know-how you need to successfully pass your Financial Analyst test and Amazon interview.
Note, PrepTerminal’s all-inclusive Amazon prep course will help you to get fully prepared within a few hours for any Amazon Assessment. Our course includes hundreds of realistic practice questions, exercises, short videos, as well as, the best tactics on how to outperform competitors.
What is an Amazon Financial Analyst?
Financial analysts study financial data and synthesize their conclusions into a document or recommendation that companies then refer to when they form business decisions. A financial analyst position at Amazon is highly sought after as not only is it a great position in itself, but it can also lead to positive career growth in the financial services industry.
Typically, financial analysts assist companies with their investments and help with their bonds and stock markets.
Other jobs that a financial analyst may be involved in are as follows:
- Handle risk management
- Develop models to forecast future changes in revenue and increases or decreases in expenditure
- Monitor individual groups of franchises or franchises in certain areas to determine their profit/loss forecasts, strengths & weaknesses
- Ascertain how different marketing approaches perform in relation to cost
How to Beat the Amazon Financial Analyst Hiring Process
Amazon’s hiring process starts with an application screening process to assess the aptitude of an applicant. Then, the applicant is required to complete an Amazon assessment test, or a series of tests. As a financial analyst position is very technical, financial analysts will need to complete additional assessments and answer extra interview questions. For instance, financial analysts applying for positions with Amazon will also need to complete an Excel test.
Typical Financial Analyst Interview Questions
You will be asked behavioral questions in your Financial Analyst Interview. When answering these questions you must refer to Amazon’s Leadership Principles. You should also use the STAR method when responding to these questions.
Examples of behavioral questions are as follows:
- Why do you wish to be a financial analyst at Amazon?
- How would you go about creating an investment recommendation for a person in a management position?
Amazon’s interview panel may also ask you specific questions about finance, including:
- What is ‘financial modeling’?
- What is ‘working capital’?
- How would you deceive the distinction between a journal and a ledger?
- Which statements (income, cash flow, balance,) would you refer to in order to assess the liabilities and assets of a given company and why?
Make sure you know how to define your financial terms and be prepared to answer more technical questions related to finance.
Amazon Financial Analyst Assessment Test
All candidates applying for a financial analyst position will need to take an Amazon Excel assessment test, as part of their application process. The Excel test is a screening tool used to gauge the skills of an applicant. It is a one-hour test.
Amazon’s Excel test measures how well a candidate is able to use the Excel software. The majority of the questions featured on this test are very advanced. Applicants will need to prepare in advance to make sure that they have an in-depth knowledge of Excel.
The following topics, typically appear on Amazon’s Excel test:
- Macro creation
- Advanced properties
- Formatting
- Advanced formula creation
Amazon will also ask candidates to complete a case study interview. In this interview, candidates will be presented with real work scenarios and a complex case study. They will be required to present their solution and the thought processes that lead them to this resolution.
Applicants will need to achieve a top score on this Excel test to qualify for a Financial Analyst position at Amazon, as competition is fierce.
The SQL Test (Structured Query Language)
The SQL test is another assessment that financial analysts could be required to complete. This exam will measure the candidate’s skill at using SQL to extract information and run tests on the data gained from the systems of the organization.
The test typically asks the candidate to write queries and to write SQL information for querying data. The candidate will also need to analyze the data of the SQL information extracted, using Excel.
How To Prepare for Your Amazon Financial Analyst Test?
The Amazon Financial Analyst Assessment Test is a demanding exam that you will need to prepare for thoroughly if you wish to land a job as a financial analyst at Amazon.
Two key points to keep in mind when practicing for the Amazon Financial Analyst Test are as follows:
- Learn and emphasize the significance of Amazon’s Leadership Principles when answering any behavioral-style questions.
- Practice data-driven questions.
Our team of experts at Prepterminal has created an Amazon prep course to help you succeed and on your Amazon Financial Analyst Assessment Test and interview. Our comprehensive course will provide you with all the tools and know-how you need to ace your Amazon Financial Analyst test and embark on your Financial Analyst journey.
