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Finance Assistant Test
Finance assistant tests help employers identify whether applicants possess the necessary skills and aptitudes required to be successful as a finance assistant.
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What is a finance assistant test?
The role of a finance assistant requires good attention to detail and a high level of numeracy. Successful finance assistants also need strong time management skills and the ability to work well within a team.
Through multiple-choice questions, a finance assistant test measures how competent candidates are in dealing with numerical information, and whether they can use their numerical skills to analyse and interpret financial data. It also measures how candidates solve problems and interact and communicate with others.
The test can be administered to multiple applicants, enabling employers to shortlist those that best demonstrate the skills and aptitudes required for the role.
About the Finance Assistant Test
A finance assistant doesn't just deal with numbers. A large part of the role involves providing financial support for finance managers, communicating with others within the organisation, collating relevant budgetary information, and distributing data about budget and expenditure.
The finance administrator test assesses key skills for the role, such as interpersonal skills, communication skills, and a candidate's numerical ability, helping employers hire the right candidate for their position.
Why should you use a finance assistant test for recruiting?
Finance assistants deal with a large amount of numerical data, collate and keep track of an organisation's financial transactions and expenditure, liaise with internal and external suppliers and produce monthly financial reports.
As such, applicants for finance assistant roles need to be able to demonstrate a specific skill set. Good attention to detail, and excellent organisational and communication skills, are essential for this role.
When faced with a large volume of applicants, it is often difficult to determine whether candidates possess these skills based on an application or interview alone. The finance assistant test helps solve this dilemma by providing employers with an objective way of measuring the skills needed
The test is easy to administer and, when included in the early stages of the recruitment process, is a cost and time-efficient way to shortlist the candidates that demonstrate these skills.
In addition to finance administrators, the test can also be used to recruit:
- Financial assistants
- Financial managers
- Payroll administrators
- HR administrators
- Financial analysts
View a sample report
Results for the Finance Assistant Test along with other assessments the candidate takes will be compiled to produce a candidate report.
The report is automatically generated and available both online and as a downloadable pdf so they can be shared with other team members and employees alike.
How our test assesses finance assistant skills
Candidates will need to answer a range of questions that measure industry-specific technical skills where applicable (e.g. Microsoft Excel), soft skills (e.g. teamwork), aptitude (e.g. numerical reasoning) and relevant personality dimensions (e.g. detail orientation). The results present a holistic view of how well suited each candidate is for the job at hand, using a data-driven approach.
The format varies by type of question, including multiple-choice for aptitude and technical skills, situational judgement for soft skills and agreement on a Likert scale for the personality dimensions. This approach ensures candidates are being assessed in an accurate and fair manner, and that results reflect the true underlying qualities of each candidate.
The characteristics, abilities and knowledge necessary to be a financial analyst were identified using the US Department of Labor's comprehensive O*NET database. O*NET is the leading source of occupational information that is constantly updated by collecting data from employees in specific job roles.
During the development process, test questions were rigorously analysed to maximise reliability and validity in line with industry best practices. They were created by our team of I/O psychologists and psychometricians – who collaborated with subject-matter-experts – and field-tested with a representative sample of job applicants who have varying experience, just like you might find in a talent pool.
Each test is reviewed by a panel of individuals representing diverse backgrounds to check for any sensitivity, fairness, face validity and accessibility issues. This ensures each candidate has a fair chance of demonstrating their true level of expertise.
Our financial analyst test is monitored to ensure it is up-to-date and optimised for performance.
Our test platform
Our platform offers an extensive library of hundreds of tests, giving you the flexibility to select and combine them in any way that suits your hiring needs. From understanding specific role requirements to assessing general cognitive abilities, our diverse library ensures you can tailor your assessment process precisely.
- Multi-format.
- Our test questions come in various formats, including multiple-choice, true and false, ranking and situational judgment, all ensuring comprehensive candidate assessment.
- Role-specific simulations.
- Experience real-world scenarios with our role-specific simulations, providing accurate insights into candidates' performance, readiness and fit for the position.
- Adaptive scoring.
- Our adaptive scoring system evaluates responses in real-time, by adjusting to the candidate's ability level, enhancing accuracy and reliability.
Curated by our
team of experts
Scientifically validated by psychometric specialists
- Our team of assessment experts is made up of I/O psychologists, psychometricians, and subject matter experts who work closely together to ensure each test is accurate and reliable.
- Our subject matter experts are rigorously vetted and typically have several years of experience working in their industries and hold advanced credentials.
Frequently asked questions
- Is the finance assistant test difficult?
The finance assistant test measures a wide range of skills and abilities. The level of difficulty experienced by candidates will depend on the amount of preparation a candidate has undertaken prior to sitting the test.
Candidates who have practiced the test in advance, and who possess the inherent skills assessed in the test, will likely perform well.
- What other tests should be used to recruit a finance assistant?
Additional tests that can be included in the recruitment process for finance assistants include;
- Proficiency in the use of Microsoft packages, such as Word and PowerPoint
- Competence in using Microsoft Excel
- Practical knowledge of using payroll software such as Sage or Workday
- Can I get a free trial?
Yes, simply sign up (no credit card is required) and we'll give you unlimited access for 7 seven days. Create as many jobs and test as many candidates as you want; you won't be charged a penny.
- What is the cost for Neuroworx's finance assistant test?
Neuroworx operates on a monthly or annual subscription basis. We have several plans to suit your hiring needs, which you can check out here. Alternatively, you can get in touch with us to discuss a custom plan.
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