oracle incentive compensation interview questions

About Apex IT: Apex IT is a global consulting firm that provides award-winning services to transform the customer, employee, and student experiences. Since 1997, Apex IT our Salesforce and Oracle experts have provided a full range of enterprise solutions including CRM and related applications that support sales, marketing, and service; financial reporting; HR; and Business Intelligence. As a remote company, we have top talent all over the United States and India and are continuously growing. We provide our team with a flexible work-life balance in addition to the traditional benefits. Job Title: Oracle Fusion Incentive Compensation Analyst Job Summary: Incentive compensation analyst who can configure, test and deploy compensation plans, manage credit rules and classification rules. Support the client on the various functionalities of Incentive compensation along with the dispute resolution and error handling of commission calculation Duties/Responsibilities: – Configure Sales compensation plans – Configure rule-based credits and classification hierarchies – Design reports for payments end disputes – Integration with source systems and payment systems – Manage expressions and formulas – Maintain existing system and defining Commission plans for next year – Managing resource organization hierarchies – Importing and assigning rolls too sales reps end partners – Managing transactional data and its mappings – Defining custom functions – Manage various roles such as participants, payment analyst and incentive compensation administrator Competency (Knowledge, Skills, and Abilities): Responsibilities include but are not limited to: – Oracle Engagement cloud – Application roles – Resource Roles

Compensation Manager Interview Questions with Answer Examples

Interviews for Top Jobs at Oracle

Incentive Compensation Analyst Interview

Application

I applied through an employee referral. The process took 4 weeks. I interviewed at Oracle (Bucharest, Bucuresti) in Nov 2014

Interview

Basic HR Interview ( mostly the recruiter presents the job + verbal foreign language test) ; Excel test + Logical test + Foreign language written test; Management interview (fixated on your experience + behavioral interview + what you can bring to the team)

Interview Questions

  • 3-4 questions on how you would behave in certain scenarios.

Incentive Compensation Analyst Interview

Application

I applied through a recruiter. The process took 3 weeks. I interviewed at Oracle (Bucharest, Bucuresti) in Feb 2013

Interview

Call with HR department, went on a test interview – Excel + email writing to an annoyed sales representative; final interview with 2 managers

EnterpriseStructures: Overview

Oracle Fusion Applications have been designed to ensure your enterprise can be modeled to meet legal and management objectives. The decisions about your implementation of Oracle Fusion Applications are affected by your:

  • Industry
  • Business unit requirements for autonomy
  • Business and accounting policies
  • Business functions performed by business units and optionally, centralized in shared service centers
  • Locations of facilities
  • Every enterprise has three fundamental structures, legal, managerial, and functional, that are used to describe its operations and provide a basis for reporting. In Oracle Fusion, these structures are implemented using the chart of accounts and organizations. Although many alternative hierarchies can be implemented and used for reporting, you are likely to have one primary structure that organizes your business into divisions, business units, and departments aligned by your strategic objectives.

    The figure above shows a typical group of legal entities, operating various business and functional organizations. Your ability to buy and sell, own, and employ comes from your charter in the legal system. A corporation is a distinct legal entity from its owners and managers. The corporation is owned by its shareholders, who may be individuals or other corporations. There are many other kinds of legal entities, such as sole proprietorships, partnerships, and government agencies.

    A legally recognized entity can own and trade assets and employ people in the jurisdiction in which it is registered. When granted these privileges, legal entities are also assigned responsibilities to:

  • Account for themselves to the public through statutory and external reporting
  • Comply with legislation and regulations
  • Pay income and transaction taxes
  • Process value added tax (VAT) collection on behalf of the taxing authority
  • Many large enterprises isolate risk and optimize taxes by incorporating subsidiaries. They create legal entities to facilitate legal compliance, segregate operations, optimize taxes, complete contractual relationships, and isolate risk. Enterprises use legal entities to establish their enterprises identity under the laws of each country in which their enterprise operates.

    In the figure above, a separate card represents a series of registered companies. Each company, including the public holding company, InFusion America, must be registered in the countries where they do business. Each company consists of various divisions created for purposes of management reporting. These are shown as vertical columns on each card. For example, a group might have a separate company for each business in the United States (US), but have their United Kingdom (UK) legal entity represent all businesses in that country. The divisions are linked across the cards so that a business can appear on some or all of the cards. For example, the air quality monitoring systems business might be operated by the US, UK, and France companies. The list of business divisions is on the Business Axis. Each companys card is also horizontally striped by functional groups, such as the sales team and the finance team. This functional list is called the Functional Axis. The overall suggests that information might, at a minimum, be tracked by company, business, division, and function in a group environment. In Oracle Fusion Applications, the legal structure is implemented using legal entities.

    Successfully managing multiple businesses requires that you segregate them by their strategic objectives, and measure their results. Although related to your legal structure, the business organizational hierarchies do not need to be reflected directly in the legal structure of the enterprise. The management structure can include divisions, subdivisions, lines of business, strategic business units, and cost centers. In the figure above, the management structure is shown on the Business Axis. In Oracle Fusion Applications, the management structure is implemented using divisions and business units.

    Straddling the legal and business organizations is a functional organization structured around people and their competencies. For example, sales, manufacturing, and service teams are functional organizations. This functional structure is represented by the Functional Axis in the figure above. You reflect the efforts and expenses of your functional organizations directly on the income statement. Organizations must manage and report revenues, cost of sales, and functional expenses such as research and development (R&D) and selling, general, and administrative (SG&A) expenses. In Oracle Fusion Applications, the functional structure is implemented using departments and organizations, including sales, marketing, project, cost, and inventory organizations.

    EnterpriseStructures Business Process Model: Explained

    In Oracle Fusion Applications, the Enterprise Performance and Planning Business Process Model illustrates the major implementation tasks that you perform to create your enterprise structures. This process model includes the Set Up Enterprise Structures business process, which consist of implementation activities that span many product families. Information Technology is a second Business Process Model which contains the Set Up Information Technology Management business process. Define Reference Data Sharing is one of the activities in this business process and is important in the implementation of the enterprise structures. This activity creates the mechanism to share reference data sets across multiple ledgers, business units, and warehouses, reducing the administrative burden and decreasing the time needed to implement.

    The following figure and chart describes the Business Process Model structures and activities.

    BPM Activities

    Description

    Define Enterprise

    Define the enterprise to capture the name of the deploying enterprise and the location of the headquarters. There is normally a single enterprise organization in a production environment. Multiple enterprises are defined when the system is used to administer multiple customer companies, or when you choose to set up additional enterprises for testing or development.

    Define Enterprise Structures

    Define enterprise structures to represent an organization with one or more legal entities under common control. Define internal and external organizations to represent each area of business within the enterprise.

    Define Legal Jurisdictions and Authorities

    Define information for governing bodies that operate within a jurisdiction.

    Define Legal Entities

    Define legal entities and legal reporting units for business activities handled by the Oracle Fusion Applications.

    Define Business Units

    Define business units of an enterprise to allow for flexible implementation, to provide a consistent entity for controlling and reporting on transactions, and to be an anchor for the sharing of sets of reference data across applications.

    Define Financial Reporting Structures

    Define financial reporting structures, including organization structures, charts of accounts, organizational hierarchies, calendars, currencies and rates, ledgers, and document sequences which are used in organizing the financial data of a company.

    Define Chart of Accounts

    Define chart of accounts including hierarchies and values to enable tracking of financial transactions and reporting at legal entity, cost center, account, and other segment levels.

    Define Ledgers

    Define the primary accounting ledger and any secondary ledgers that provide an alternative accounting representation of the financial data.

    Define Accounting Configurations

    Define the accounting configuration that serves as a framework for how financial records are maintained for an organization.

    Define Facilities

    Define inventory, item, and cost organizations. Inventory organizations represent facilities that manufacture or store items. The item master organization holds a single definition of items that can be shared across many inventory organizations. Cost organizations group inventory organizations within a legal entity to establish the cost accounting policies.

    Define Reference Data Sharing

    Define how reference data in the applications is partitioned and shared.

    There are product specific implementation activities that are not listed here and depend on the applications you are implementing. For example, you can implement Define Enterprise Structures for Human Capital Management, Project Management, and Sales Management.

    PILOT INTERVIEW Questions And Answers! (How to PASS an Airline Pilot Interview)

    1. What is CRM process as Airline Pilot? The systematic and effective use of all available resources to ensure a desirable outcome and completion of the flight. Focusing on communication, teamwork, task allocation, decision-making and situational awareness. The major contributors in the CRM process are: Dispatchers, flight attendants, maintenance, ATC and of course the cockpit crew.

    2. What is the MAP on a non-precision approach? Non-precision: MAP is usually visually identified by a capitol and bold “M” in the Jepps or at the end of the solid line on NOS. There are several ways to id the MAP: Published DME at the MAP, Navaid such as the middle marker (MM), or timing from the FAF

    3. What is the importance of proficiency in several languages for a pilot? A private pilot may limit himself to knowledge of English good enough to understand control towers. Other pilots, being more publicly involved figures by necessity, greatly benefit from knowing more than one language.

    4. What is your Proudest accomplishment? Becoming a pilot and graduating from college as to be the biggest accomplish so far.

    5. What is the 1-2-3 rule? Requirements for filing an alternate. 1-2-3: 1hr before to 1hr after estimated time of arrival, the weather must be forecast to be 2000′ ceiling and 3SM vis.

    6. What makes a good captain or what do you expect from a Captain? one that is knowledgeable, decisive, conservative and safety conscious, good people skills, superior communication skills, solid piloting skills, can manage stress and avoid confrontation

    7. List your qualifications as a pilot? Besides relevant college degree(s), pilots graduate from flying school and participate in annual additional training.

    8. What is GRID MORA? It’s an altitude derived by Jepp or provided by state authorities. If derived by Jepp, Grid MORA clear all terrain and structures by 1000′ in areas where highest elevations are 5000′ MSL or lower. MORA values clear all terrain and structures by 2000′ in areas where highest elevations are 5001′ MSL or higher. Grid MORA (State) altitude supplied by the State Authority provides 2000′ clearance in mountainous areas and 1000′ in non-mountainous areas. Also… a +/- denote doubtful accuracy but are believed to provide sufficient reference point clearance.

    9. What is the definition of CRM? CRM is a system which allows optimum use of all available resources – equipment, procedures, interpersonal communication, team work – all to promote safety and enhance efficiency in operations

    10. What is Vso of your most recent aircraft? Cessna 172 is 41Kts

    11. What is the max distance from the runway if you were to circle to land? Depends on your speed

    12. Have you applied anywhere else? Just be honest on this one. If you are in the job hunt, it’s normal to apply to several companies. It’s great to tell them that Cathay is your top choice, but it would be suspect to say Cathay is your only choice.

    13. What is mach tuck? As the aircraft reaches critical mach the nose of the aircraft tends to pitch downwards due to the flow of air over the wing reaching supersonic speeds producing additional life and center of pressure moving rearward. As the center of pressure moves rearward the elevators become less effective, pushing the aircraft into a potentially unrecoverable dive.

    14. What is tower’s NORDO signal to be cleared to land? Steady green

    15. What is VMCG? minimum speed control in the ground

    16. What is the difference between Blue, Green Airports? blue is IFR (has approaches) green is VFR (no approaches)

    17. What is GRADIENT CLIMB? 3%

    18. What is VMCA? Minimun Speed Control in the Air

    19. What is windshear? its a change on direction and speed of the wind

    20. What is MOCA? Minimum Obstacle Clearance that provides obstable clearance between Vor airways. It also ensures VOR coverage 22nm from the nearest VOR

    21. What is hyperventilation? hyperventilation is when the body has too much Oxygen and not enough Co2

    22. Ever had an emergency? yes, many over the years

    23. Pilots have many simultaneous responsibilities during the flight. What can you tell me about this? Pilots navigate the flight, observe and direct the activities of the crew, check instruments, keep an eye on the weather, and monitor altitude and air traffic. Doing all these and more, often simultaneously, requires outstanding multi-tasking skills and power of concentration.

    24. What are the max airspeeds in C airspace? 200 KIAS within 4 NM of Primary Class C Airport

    25. How would you behave as the pilot of a plane during an emergency? Describe first what your emotional response would be. It is important to demonstrate, preferably through examples, that you can maintain your poise during such events, and that you possess enough presence of mind to activate emergency procedures and delegate duties among crew members as necessary.

    26. Where do you see yourself in 6 months? with your company

    27. Did you ever have to modify the flight course in the past? Pilots are able to modify the course in flight, if this is dictated by internal or external conditions. This is not a small responsibility and needs careful coordination with control towers and scrupulous attention to detail.

    28. What Is V2? takeoff safety speed

    29. What Is Max A/s In Class C? Airspeed maximum of 200 knots indicated within 4 nautical or 5 statute miles and 2500 feet above the ground of the primary airport.

    30. What Are The Cdi/raim Sensitivities Of A Gps Outside 30nm? Inside 30nm? +- 5 mi +- 1 mi

    31. What Is The Effect Of Aft Cg On Performance? rearward Cg gives better fuel efficiency

    32. What Is An Lda? a precision approach that is offset from the runway, it may have GS

    33. Where Is The Faf On A Vor/ils Approach? On a VOR approach, the FAP is whenever you are established on course inbound and the final decent may be started. For non-precision approaches, the FAF is the “Maltese Cross” and for precision, the arrow which identifies the GS intercept.

    34. Why Cape Air? big airline paneer

    35. What Kind Of Airspace Is Around Lax? Class B. Very congested airspace.

    36. What Is V1? Take off decision speed

    37. What is hypoxia? Lack of oxygen to body tissues

    38. Why do you like Compass? I like the new modern equipment and I like the fact that it’s got flow through to/ is part of Northwest.

    39. What is a squall line? It is a continuous narrow line active of thunderstorms ahead of cold front but can develop far removed of any front. May be too long to detour, too thick to penetrate. It forms very rapidly reach Max intensity in late afternoon or early evening. IT IS THE SINGLE MOST INTENSE WEATHER HAZARD FOR AIRCRAFT.

    40. Why do you want to work for Allegiant? growing company, day trips, upgrade potential

    41. Why Ameriflight? I’d like to fly cargo and gain the single-pilot IFR experience

    42. Did you ever have a problem with an F/O? Yes

    43. What is your clearance limit when cleared for the approach and then you loose coms? The published hold on the missed.

    44. What is MEA? Minimum En Route Altitude, lowest altitude on that airway that assures obstacle clearance and acceptable navigational reception.

    45. What is Definition of V2? Single engine climb speed until safe altitude or clear of obstacles

    46. What is Definition of V1? on a balance runway it is the last chance for you to decide not to go if you have and emergency and still stop on the runway according to the air data

    47. What is the definition of Hypoxia? Not enough Oxygen

    48. What is the seating capacity of the Dash 8 100 and 300 and how many flight attendants you need? DA-100 (37) DA-300 (50) FA 1

    49. Tell me the biggest factor as far as fuel conservation goes as it relates to a jet engine? TSFC thrust specific fuel consumption which directly inperpolates to power setting and altitude. Higher you climb the less fuel required. Throttle settings also have a say in conservation and relates more to maintenance issues which is why full throttle takeoffs are rarely done.

    50. What qualities make a good captain? Confident, Diligent, Good CRM skills, Good Problem Solver

    51. What’s your choice of base? PDX or Seattle

    52. World Airways Pilot Interview Questions:

  • Why World?
  • Why should we hire you?
  • What is the maximum take off weight of the aircraft I flew?
  • How did you get into an aviation career?
  • Tell me about a time that you made mistake in airplane? and what you learned from it.
  • Describe what a Captain is.
  • Do you want to be a Captain?
  • Do you mind being an FO for 5 years?
  • Was asked to grade my sim performance from the day before!
  • What engines are on the airplane you have been flying?
  • 53. Flight Express Airline Pilot Interview Questions:

  • Why you?
  • Are you sure this is what you want to do?
  • Tell me about yourself.
  • 54. Lion Air Airline Pilot Interview Questions:

  • What is Bernoulli law? how the aircraft can fly?
  • What is Newton’s Law?
  • What is ACN/PCN?
  • Know about Piston Engine
  • Loyalty to company
  • 55. LAN Airline Pilot Interview Questions:

  • Why do you want to become a pilot?
  • Why LAN Chile?
  • Where do you see yourself in 5 years?
  • Did you have any bad experience in the past?
  • What is your best quality?
  • What is your weakness?
  • What have you heard about LAN chile?
  • What would you do if you were on final and suddenly had an electrical fire in the cockpit?
  • What would you do if you were cruising and noticed that your captain was unconscious?
  • 56. Miami Air International Airline Pilot Interview Questions:

  • Tell something about your flying career.
  • What am I looking for in their company?
  • What is the dumbest thing you have done in an airplane?
  • What are you looking for in an airline?
  • Are you prepared for life at Miami Air Long days Away from home Pay 90 minute callout
  • Have you had any failed checkrides?
  • Have you had any traffic tickets?
  • Have you had a DUI?
  • Do you have a criminal record?
  • Do you have any accident s/ incidents on record?
  • 57. Mokulele Airlines Pilot Interview Questions:

  • Tell me about your previous work experience.
  • What are your strengths?
  • What is your weakness?
  • What has been your flying experience with the past 60 days?
  • What has been your flying experience with the past 30 days?
  • Why did you apply here?
  • Do you have any violations, incidents or accidents?
  • Do you have any weather experience?
  • 58. Ryan International Airlines Airline Pilot Interview Questions:

  • Why do you want to work with Ryan?
  • Describe your flying career.
  • What was your worst job?
  • What was your best job?
  • What would you do if the Captain smells like alcohol?
  • What would you do if the captain wants to continue below minimums?
  • What would you do if the captain wants to break a company rule?
  • Tell me a time you broke an FAR?
  • Tell me a time you had a conflict at work.
  • Approach lights for the cat 2 ILS: what do they look like and what do you need to see to continue?
  • 59. Seaborne Airlines Pilot Interview Questions:

  • What is your Total Flight Time?
  • What ratings do you have?
  • When did you fly last?
  • What is your total time in the last 6 months?
  • What is your total time in the last 12 months?
  • What class medical do you have?
  • When did you start flying?
  • Why did you start flying?
  • Wx goes below mins past the FAF, can you continue and when you would go missed.
  • Describe TDZE
  • 60. XOJET Airline Pilot Interview Questions:

  • Why XOJET?
  • Why not other companies like NetJets or Flextjet?
  • Do you want to work for the legacy airlines liked United, Delta or American?
  • Have you applied to anyone else?
  • What is the foundation of good leadership?
  • What is your leadership style?
  • If there is someone out there that you’ve had differences with and you would not go to that person for a recommendation, what would he/she say about you?
  • Tell us about yourself.
  • How did you get in aviation/flying?
  • What are your strengths?
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