This is a free Cost Accountant Resume example that covers objectives and tips to gets you the best job. This professional resume template with action words will help you in writing perfect CV for the desired Cost Accountant Job.

Cost Accountant Job Description

  • Apply principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures.
  • Prepare profit and loss statements and monthly closing and cost accounting reports.
  • Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.
  • Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
  • Analyze and review budgets and expenditures for local, state, federal, and private funding, contracts, and grants.
  • Monitor and review accounting and related system reports for accuracy and completeness.
  • Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
  • Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.

Sample Cost Accountant Resume Template

Contact information

In this section you have to include your Name, current home address, Mobile telephone number, Landline telephone number and your personal email address which is currently used.

  • Full name
  • Present and permanent addresses
  • Telephone numbers
  • Email address

Professional or career objective

Your objective is the one that clearly underlines your aims and aspirations in that profession. For example a Management Graduate will have to write an objective which is concise and precisely speaks about his role that he wants to play in the Organization.

Sample Objective for Cost Accountant

Experienced, quick-learning professional: Seeking a position in the financial analysis arena. Possesses experience in accounting and concentrates on the aspects of cost accounting in both manufacturing and healthcare

Career Achievements

If you have any major Career Achievements or any Appreciation then this is the section where they should be listed. For Example a Cost Accountant can add his/her career achievements like,

  • Financial Executive with thorough understanding of manufacturing in both industrial and defense settings.
  • Consistently establishes processes, and controls, to speed availability of financials and annual audits.
  • Extensive experience with Mexican manufacturing operations including Customs,
  • Skilled in implementation of cost/schedule control systems for Defense Contracts.
  • Expert at forecasting labor, overhead costs, and performance analysis

Experience

Previous work experience plays an important role while applying for a Job and hence it should be well presented in the resume. Most of the questions during your resume will be related to the previous job that you had and hence you should be well prepared for it. You should begin with putting the name of the organization that you worked for, the duration of your work and the post or the designation at which you were working. After this, you can effectively place points in a bulleted format that talk about the responsibilities and the achievements that you may have achieved during your stay at the previous organization. The work experience of an experienced Cost Accountant applying for a job would look like,

Cost Accountant

Mittal Traders, Mumbai, 2006-Present

  • Maintaining the supply chain inventory process for all commercial API, tablet and bottle material.
  • This process entails the compiling of all supplier activity for a given month/quarter by reviewing supplier inventory and complete records for API, bulk and finished Goods using MFG/PRO software package.
  • Maintaining daily labor reporting, reviewing the cost of raw materials and spare part consumption records and confirm that inventory balances are correct, involved in financial closing process, perform ad hoc cost analysis including analysis of labor and material costs
  • Maintaining inventory through use of minimum maximum reports at levels sufficient to meet Customer Demands

Bank Reconciliation Specialist

Prism Financing Corporation, Mumbai, 2003-2006

  • Maintaining bank reconciliations for clients of GMAC mortgage clients
  • Coordinate with corporate in the design, implementation and auditing of plant wide information systems as they relate to operational data.
  • Track, compile and audit operationally related data including but not limited to inventory, production, and labor utilization, regrind etc.
  • Manage plant payroll system.
  • Tabulate temporary employees´ hours and transmit for billing.
  • Oversee month-end inventory counts.
  • Special projects as assigned

Cost Accountant

Ravindran Agro Ltd., Mumbai, 2000-2003

  • Responsible for the maintenance, analysis, and control of the systems and records relating the Company’s inventory, and for the development and maintenance of the standard cost accounting system including variance reporting and analysis.
  • Additional responsibilities include design and implementation of procedures and records necessary to track the materials used in production.
  • Responsible for the maintenance and periodic analysis of the annual operating and capital budgets.
  • Also assisted in the preparation of all budgets.
  • Provided reporting and analysis of financial and statistical data for submission to Senior Management and Department Managers.
  • Maintained both the budget and cost reporting systems.

Education and Certification

The academic details need to be mentioned in a tabulated format with respect to the degrees or the courses that the candidate would have undertaken in the past. The latest degree or course comes first followed by the last completed course and hence forth going backwards. For example a Cost Accountant who has completed post graduation or graduation course is applying for a Job or to a company or an organization then his/her details would be like,

  • B com  (Account and Costing)

Jupiter Collage of Commerce, Bangalore, 1998

  • Tally Graduate

Super Carrier Creators Academy, Chennai 2000

Honors

If you have won any competitions national or international then they could also be highlighted here. For example a Cost Accountant could lay stress on any exams that he may have given or any seminars or conferences attended. If you are a part of any honorary society or any nonprofit organization then that could also be added here.

The honors and the activities section of a Cost Accountant would look like,

  • Active member of Society of Cost accountants India SCAI.
  • Co –writer of “Costing Concepts” book on costing studies along with Som Sharma.
  • Guest faculty of Bangalore Commerce Collage from 2005.

References

The References are generally required so that your present employer can gauge you through the eyes of the people who you were associated with or have worked for. So your teachers or college professors’ details could be placed here. Or your past employer who you would have worked under can also be used as a reference. Ensure that the people whose names you enter know you well and do inform them that you are placing their names as reference because many companies call to confirm. For example the references section of a Cost Accountant could also look like,

Mr. Bharat Jain

Sr. Manager

Ravindran Agro Ltd.

bharat@iiijjkk.com

Salary Range of a Cost Accountant

  • The average salary received is approximately Rs. 16500 per month. This works out to an annual pay package of 2 Lakhs to 2.55 Lakhs per annum CTC.
  • The salary from an American perspective works out to be $7500 per Month.

Note: This salary may be variable and it may change from organization to organization.

Frequently asked Cost Accountant Interview Question

  • What is cost control?
  • What are the duties of a cost controller?
  • Machine Hour Rate How machine hour rate is calculated?
  • Gross and Net the term Gross and Net are often heard in business. Please give examples where these terms are used?
  • What are the freight charges
  • Explain Contribution Margin? What is the meaning Contribution Margin? How is use?
  • Explain the process of cost reporting
  • What is the difference between cash flow statement and funds flow statement
  • Purchasing what is the basis of Purchasing?
  • What is limited liability clause
  • what is the difference between cost accounting and management account.

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