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Cost accountants collect, study and analyze data and audits to help businesses determine the total costs of their various business activities. These may include the cost of labor, raw materials, equipment or inventory. They generally work in the company office but are often required to visit the company's manufacturing units.
The minimum educational qualification required to become a cost accountant is a bachelor's degree in accounting with a strong background in cost systems. Outstanding analytical, excel, problem-solving and math skills along with a sound understanding of accounting principals are essential requirements of this role. Having some work experience is a big factor in getting hired. If you are a fresh graduate, you can get the necessary experience by completing an internship.
Prospective employers will want to know if you have had any experience in this field and if you know exactly what the job entails. They will also want to know about your strengths and weaknesses as they relate to this specific role. If you have any weaknesses, are you doing anything to work on it? To see more questions that are likely to be asked at an interview for cost accountants, go to Mock Questions.