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Cost Accountant

The task of a Cost Accountant is to collect, organize and analyze internal and financial information for evaluating, critical analyses and regulating past and present financial performance and for making projections for the future. They also monitor costs of raw materials, labor, transportation, administrative costs etc in an industry.


Career Options

  • - Management of Public sector enterprises - Management of private sector enterprises - All India Cost Accounts Service - Teaching - Consultancy - Independent practice

Educational Qualifications

  • - Minimum Qualification 10+2 - Commerce Background

Personal Skills

  • - Analytical mind - An eye for detail - Responsibility - Good business judgment - Team player - Commitment and resilience

Courses to be pursued

  • - Commerce Background - Certified Financial Planner - Bachelor’s degree in accounting - Voluntary certification

Top Colleges

  • Institute of Professional Studies and Research (IPSAR) Address: IPSAR College, Campus III, Satichaura, CDA-sector-2, Cuttack-753014, Orissa, India Phone: 0671-6535676 Website: http://www.ipsar.ac.in/
  • Course Crest Academy Address: #37, 1st floor, Next to SBI Bank, CBI main road, R T Nagar, Bangalore, India 560032 Phone: 9738721453 Website: https://career.webindia12
  • com/career/institutes/details_colleges_Institutes.asp?inst_no=20454

Working Conditions

The cost accountant generally works in an office environment but sometimes it has to be familiar with all production operations. They also have to visit all significant company operations.

Top Companies

  • Godrej Address: Godrej Industries Limited, Godrej One, Pirojshanagar, Eastern Express Highway, Vikhroli, Mumbai 400079 Phone: +91 22 25188030 website: http://www.godrej.com/
  • Reliance Industry Address: 103/106, Naroda Industrial Estate, Ahmedabad, Gujarat Phone: 01123710072 website: http://www.ril.com/

Successful Persons

Sumit Kumar

Sumit kumar is the cost and Management accountant at Godrej and Boyce Mfg. co. Ltd. He was also the Senior Executive Finance at Koyo Bearings Europe.

Divya Khandelwal

Divya Khandelwal is the cost accountant at Larsen and Tourbo Ltd. She was also Cost trainee at Maruti Suzuki India Ltd.

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