Raman kumar  Garg

What are personal & professional skills required to be a Cost Accountant?

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by Raman kumar Garg
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RE: What are personal & professional skills required to be a Cost Accountant?

Vaibhav Bhutra
Vaibhav Bhutra
Verified Career Expert
Career Counselor/ Director at Educomp Vidyamandir Classes
  • Surat

Hi,


Cost Accounting is a profession which is widely respected in India. Being a Cost Accountant my self i can very well explain you the basic Personal and Professional Skills and individual would need to be a successful cost accountant.

Personal and professional characteristic or skills are usually overlapping in any successful individual.

  • You should have a good interpersonal skills so that you can have a good relationship with your junior, seniors and peers.
  • Eye for details is needed for any person who would aspire to be successful cost accountant, you should be able to analyse the data and find out costoptimizationfor the company or firm.
  • Decision making is an integral part of costaccounting professional since during the course of the job lot of decision making skills would be needed.
  • Numbers are internal part of anyfinancejob but more so important for accounting professional
  • Relationship skills are again veryimportant since you could deal with purchase dept and have to deal with vendors as well for lot of costing needs.
  • Compliance and Regulatory understanding isneededfor an cost accountant since he has to make all therecords as per the regulatory requirement given by sectors and government.

This is just a brief overview for an cost accountant skills since the needs of the jobs differs significantly from job to job.

In nutshell, for an successful cost accountant you have to be Adaptable to the needs of the regulations and requirement of job.

Wish you all the best!!!!

Thanks

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