Cost Accountant

Name of the firm KG Somani & Co
Job Position Cost Accountant
Area Accounting & Financial Advisory
Eligibility Criteria CMA/ CA with 3-5 Years of Work Experience.
  • Must have a strong Cost systems background and excellent analytical skills; sound understanding of accounting principles with attention to detail
  • Computer Literate – Strong Microsoft Office Skills (MS Excel in particular & familiarity with VLOOKUPs and pivot tables)
  • Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
  • Thorough knowledge of accounting procedures
  • In-depth understanding of Generally Accepted Accounting Principles (GAAP)
  • Experience with accounting software
  • Self- motivated and able to multi- task
  • Strong time management and organizational skills
  • Integrity, with an ability to handle confidential information
  • Strong Financial & general ledger accounting knowledge
  • Interpersonal, verbal & written communication skills

Job Description








  • Responsible for performing cost analyses and preparing budget reports- Planning, Studying, and collecting data to determine costs of business activity
  • Prepare monthly and quarterly accounting reports for submission to management
  • Making estimates of new and proposed service costs
  • Providing management with reports specifying and comparing factors affecting prices and profitability of services.
  • Maintaining Cost Accounting System
  • Assisting in month end close of the General Ledger
  • Conduct inventory reserve analysis on a quarterly basis and generate reports for senior management
  • Assist the Staff Accountant with suggesting changes to policies or procedures to increase cash flow
  • Generate PPV reports and analyse findings
  • Establish standard costs and update them as appropriate
  • Maintain and review the general ledger and reconcile balance sheets Identify and recommend cost-effective solutions
Location Asaf Ali Road, Delhi
Contact details Ph: 01123252225 Email -,