In recent times, given the global economic conditions, top companies will need accountants to help manage their resources and cash flow. Demand for accountants will rise as available accountant jobs are expected to increase. As per Glassdoor, the estimated total pay for a Management Accountant is ₹14,77,836 per year in India, with an average salary of ₹9,66,324 per year. This article talks about the top accounting jobs in Delhi/NCR.

The list of companies with Accounting jobs in Delhi/NCR are:

• Genpact
• Optum
• Citi Group
• Boston Consulting Group
• HCL Technologies
• PayU
• TATA Capital
• Ernst & Young
• Pinkerton Consulting & Investigations
• Gartner

Genpact is a global professional services firm focusing on business transformations. The company deals with digital innovation and digital-enabled intelligent operations for their clients, which also includes Global Fortune 500 companies. The firm uses design, data and analytics, and the AI platform, Genpact Cora, to solve the problems of their clients.

As per Glassdoor, the typical Genpact Accountant salary is ₹3,20,798 per year. Accountant salaries at Genpact can range from ₹1,62,013 to ₹7,76,273 per year.

Genpact Job Openings

Steps to apply for an Accounting job at Genpact

Step 1: Visit the company careers page and access the job opening

Step 2: Click on “Apply” and register

Step 3: Fill in the form and submit

Skills required for an Accounting job at Genpact

• Ability to journal Investment purchases, sales and cash management
• Leading daily cash position and ensuring funds are available when needed
• Performing accounting functions and maintaining month end, quarter end and annual reports
• Maintaining adherence to corporate, GAAP, and accounting
• Good communication and presentation skills
• Team spirit
• Maintaining and reviewing reconciliations and guidelines to ensure consolidation of the accounts

Optum, a subsidiary of United Health Group, is health services multinational company with operations in 150 countries. The company provides data and analytics, health care delivery and operations, population health management and advisory services. It designs and implements custom information technology systems targeting the health care industry nationwide.

As per Glassdoor, Senior Accountant salaries at Optum can range from ₹12,41,295 to ₹13,39,997.

OPTUM Job Openings

Steps to apply for an Accounting job at Optum

Step 1: Visit the company careers page and access the job role

Step 2: Click on “Apply” and create an account

Step 3: Fill in the details and submit

Skills required for an Accounting job at Optum

• Experience in handling Statutory Audits
• Ability to work with a tight deadline and work in a fast-paced environment
• Knowledge of ERP like PeopleSoft, Excel etc
• Ability to maintain ledgers for leases and fixed assets
• Understanding of accounting principles, standards on auditing, and companies act 2013 etc
• Strong analytical skills and problem-solving skills
• Good communication and presentation skills

Citigroup Inc is a multinational investment bank and financial services corporation that provides a broad range of financial services to consumers and corporate customers. The company’s services include retail brokerage, investment banking, securities brokerage, corporate banking and wealth management solutions.

According to Glassdoor, Fund Accounting Analyst salaries at Citi can range from ₹5,77,398 to ₹13,44,518.

Citi Group Job Openings

Steps to apply for an Accounting job at Citi Group

Step 1: Visit the company careers page and access the job opening

Step 2: Click on “Apply now” and create an account

Step 3: Click on “Apply manually”

Step 4: Fill in the information and submit

Skills required for an Accounting job at Citi Group

• Working knowledge of MS office suite
• Good interpersonal and communication skills
• Experience in Fund accounting/financial reporting for mutual funds or hedge funds
• Preparing/reviewing financial statements/regulatory reports like P&L, SOI, and Balance sheets

• Preparing a management information systems
• Knowledge of mutual fund and hedge fund industry
• Expertise in Business areas like Financial reporting, fund accounting, middle office processing

BCG is a leading management consulting firm headquartered in Boston, the USA. The firm partners with businesses to provide solutions to various problems. It is one of the top consulting firms in the world and deals with everything from operations, HR, Legal, and product management to technology and engineering. 

BCG India Job Openings

Steps to apply for an Accounting job at BCG

Step 1: Visit the BCG careers page and access the job

Step 2: Scroll down and click on “Apply” then create an account

Step 3: Start filling out the application and submit

Skills required for an Accounting job at BCG

• Experience in Accounts payable global operations
• Comfortable working with European based invoices
• Strong communication and stakeholder management skills
• Strong analytical and critical skills
• Working experience in MS Excel
• Exposure to workflow solutions and ERPs
• Excellent interpersonal skills
• Ability to take initiative and work on projects proactively

HCL Technologies Ltd is a global multinational IT services company headquartered in Noida, India. The company helps global enterprises transform their business through digital technology. The company provides a range of software services business process outsourcing and infrastructure services. HCL delivers solutions across select verticals like Financial services, manufacturing, telecommunication, publishing, retail, entertainment, logistics and government etc.

As per Glassdoor, The typical HCL Technologies Senior Financial Analyst salary is ₹5,32,741 per year. Senior Financial Analyst salaries at HCL Technologies can range from ₹2,00,000 to ₹10,23,026 per year.

HCL Technologies India Job Openings

Steps to apply for an Accounting job at HCL Technologies

Step 1: Visit the HCL careers page and access the job opening

Step 2: Scroll down and click on “Apply” then create an account

Step 3: Start filling out the application and submit

Skills required for an Accounting job at HCL Technologies

• Ability to work independently and efficiently to meet SLA
• Provide information to customers and resolve end customer issues as per SLA
• Ability to understand and carry out tasks
• Consistently meet or exceed CSAT parameters
• Maintaining the accuracy and integrity of the database
• Provide financial information support and analysis to management
• Good communication skills and team spirit
• Ensure accuracy and timeliness of data feeds and flows for the process

PayU is a Netherlands-based financial services provider in global growth markets. Its innovative technology enables billions of people and merchants to buy and sell online by offering a range of common and alternative payment methods that enable hassle-free online payments. It deploys more than 300 payment methods and certified platforms to process more than 1.2 million payments each day.

As per Glassdoor, the estimated total pay for a Accounts Payable Executive is ₹3,70,476 per year in the India area, with an average salary of ₹3,58,059 per year. The estimated additional pay is ₹12,417 per year. Additional pay could include cash bonus, commission, tips, and profit-sharing.

PayU Job Openings

Steps to apply for an Accounting job at PayU

Step 1: Visit the PayU careers page and find the job opening

Step 2: Click on “Apply for this job” and fill in your details

Skills required for an Accounting job at PayU

• Reviewing and verifying invoices for proper documentation
• Handle daily validation of vendor invoices
• Excellent analytical and problem-solving skills
• Knowledge of MS office suite
• Good communication and presentation skills
• Ability to handle vendor/user queries related to Pearl Portal
• The ability for timely creation of employee IDs on the portal

Tata Capital Limited is a financial and investment service provider in India. It marked the entry of the Tata Group into a host of new financial services. The company has more than 100 branches across the country and offers commercial, infrastructure, finance, consumer loans and wealth management services. The firm serves corporate, retail and institutional customers in India.

As per Glassdoor, Accountant salaries at Tata Capital can range from ₹2,68,456 to ₹3,26,564. 

TATA Capital Job Openings

Steps to apply for an Accounting job at TATA Capital

Step 1: Visit the TCL careers page and access the job role

Step 2: Click on “Apply now” and enter your email address

Step 3: Fill in the required details and submit

Skills required for an Accounting job at TATA Capital

• Ability to prepare a Risk-based internal Audit plan
• Knowledge of CAATs and carrying out data analytic techniques like Excel, ACL, SAP etc
• Providing audit administration support
• Conducting an audit program including management, financial, compliance and operational audits
• Ability to conduct interviews, develop surveys, compose summaries and memos
• Understanding of GAAP, RBI Regulations, and IIA Standards
• Assist in the timely completion of internal audits
• Identification, development and documentation of audit issues and providing recommendations

Ernst & Young Global Limited is one of the big four accounting firms in the world. The company offers assurance, audit, financial, tax and business advisory services to its clients from across industries like automotive entertainment, real estate, technology and telecommunication industries.

As per Glassdoor, the typical EY Accountant salary is ₹6,23,833 per year. Accountant salaries at EY can range from ₹3,88,364 to ₹19,26,338 per year.

EY Job Openings

Steps to apply for an Accounting job at EY

Step 1: Visit the EY careers page and access the job opening

Step 2: Scroll down and click on “Apply” then create an account

Step 3: Fill in the details and submit

Skills required for an Accounting job at EY

• Knowledge of IGAAP and accounting concepts
• Experience in Management information systems, tax audits, reparation of financial statements etc
• Strong Excel and PowerPoint skills
• Work experience in SAP/ERP environment
• Exposure to IndAS and a flair for process automation for efficiency
• Good communication and presentation skills
• Knowledge of capitalisation, depreciation under the companies act and income tax act

Pinkerton Consulting & Investigations Inc is a private security and detective agency headquartered in Ann Arbor, Michigan. The company offers a range of corporate risk management services from security consulting and investigations to executive protection, protective intelligence, crisis management and employment screening. It has employees and offices worldwide and maintains a reputation for protecting clients and their assets worldwide.

Pinkerton Job Openings

Steps to apply for an Accounting job at Pinkerton

Step 1: Visit the company careers page and access the job opening

Step 2: Scroll down and click on “Quick Apply”

Skills required for an Accounting job at Pinkerton

• Working knowledge of MS office suite
• Good communication skills both written and verbal

• The ability of budgeting and auditing
• Responsible for client invoicing, collection and client setups
• End to end accounting and ability to handle complete accounting

Gartner Inc is a global technology research and consulting firm headquartered in Stamford, Connecticut. The company conducts research and equips business leaders with insights, advice and tools to help build organisations. Its clients include large corporations, technology companies, investment firms and government agencies.

As per Glassdoor, the typical Gartner Account Executive salary is ₹15,36,811 per year. Account Executive salaries at Gartner can range from ₹8,56,503 to ₹39,45,643 per year.

Gartner Job Openings

Steps to apply for an Accounting job at Gartner

Step 1: Visit the company careers page and access the job opening

Step 2: Click on “Apply now” and create an account

Step 3: Click on “Apply manually”

Step 4: Fill in the needed details and submit

Skills required for an Accounting job at Gartner

• Strong academic qualifications
• Ability to form relationships with C-level executives
• Curious to understand the technical aspects of business
• Ambitious and motivated for work
• Good communication and presentation skills

Vskills certification in Accounting

Accounting jobs are high in demand across industries because of the recent global economic changes. Even with ideal economic conditions, accounting jobs remain high in demand because an accountant is an important part of any business since he is the one who reviews the business functions on paper and makes sure everything is going well on the finance and tax side. In such a scenario, it is advisable for people who want to make a career as an accountant to be able to get hired by top companies. For doing this, a certificate in Accounting from a reputed certification body like Vskills can go a long way in ensuring getting hired by your dream company.

Vskills Accounting Practice Test

Since any certification is an investment of time, effort and money, it is important we give our best to it and make sure we pass the final exam to get the certificate. The Vskills Accounting Practice Test papers will equip you with the skills and resources to clear the final exam of any accounting certification.

Vskills Accounting Interview Preparation

After getting certified, our next step is to be prepared for interviews with top companies and get hired, despite the competition. The Vskills Interview materials for Accounting can help you achieve this. The resource is carefully curated by subject matter experts based on real-life interviews. This resource will surely help you stand out in these interviews.

Conclusion

To conclude this blog, accounting is not just a profession but also a skill which needs to be developed and bettered with time. A certification course will definitely help you understand the intricacies of the job role and give you the required theoretical and practical aspects of the job. Do check out the Vskills Accounting Certificate which is the go-to for getting hired by your dream company.

Happy Learning!! Get certified!! Get hired!!!

The post Top Accounting Jobs in Delhi/NCR appeared first on Vskills Blog.

Follow this blog where we break down the ways that you can take to become a Cost Accountant. Here we will discuss all the important information related to the field of cost accountancy. Also, we will cover the qualifications and certifications that one can take in order to start a career.

What is Cost Accountancy

The Cost Accountant is responsible for the production of financial reports, including monthly and quarterly billing statements, contract analysis, and compilation of year-end results. They will be responsible for analysis of delinquent accounts, establishing and updating cost allocations and benchmarks, analyzing and implementing changes in the accounting process and reporting systems to support business requirements, as well as performing any ad-hoc analyses required by management.

A cost accountant advises clients on the cost of one or more business functions, then allocates the costs to them. This can be a part of a financial audit performed prior to an investment in a business, or just to determine the total costs of running a business. A cost accountant can review everything from direct expenses such as raw materials and salaries, indirect operating expenses like rent and utilities used across several departments, and depreciation costs for capital investments like equipment.

Roles and Responsibilities

The responsibilities of a cost accountant are to perform quantitative analyses to determine the cost of manufacturing or producing goods or products and to help management control costs. A job as a cost accountant may be either on the production or management side of an organization.

A cost accountant studies and documents actual cost figures for future reference and comparison. This helps give a better understanding of the production costs in manufacturing in order to achieve accurate pricing. A cost accountant may be a member of the finance department, general accounting department, or manufacturing department. Find out more about this profession.

Skills play a major role in defining how well a candidate does in a particular field.  Let us now talk about the skills required to be a cost accountant.

Skills required for Cost Accountancy

The Cost Accountant plays a critical role in the development of a client’s financial strategy. It is a role that requires both soft skills and knowledge related to accountancy. These are a few skills that one must work on in order to become a good Cost Accountant.

In-depth Knowledge of Accountancy

First and foremost, knowledge of accountancy is a fundamental and must-have skill for cost accountancy. You can work on other skills later, but mastering this skill is an invariable aspect of this profession. The job role will mostly revolve around this core skill, with other skills adding more value.

Following are the areas you need to master –

• Firstly, the Matching principle
• Secondly, the Principle of conservatism
• Thirdly, Cost (direct costs, indirect costs, fixed costs, variable costs, inventoriable costs)
• Then, the Contribution margin
• Also, Relevant range
• Further, Break Even point formula
• Cost accounting analysis
• Activity-based costing (ABC)
• Gross margin and contribution margin
• Furthermore, Asset management
• Then, Business awareness
• Lastly, Accounting processes

Analytical Skills

Analytical skills are another very core part of this job. The cost accountant has to prepare and analyze financial reports. With a good analysis, the accountant can assist the client in making accurate financial decisions. Also, it can help in avoiding mistakes that can cause financial losses to the client. Hence, a cost accountant must possess excellent analytical skills.

Here are a few areas that you need to strengthen to develop good analytical skills –

• Firstly, Successful evaluation of likely business ventures, investments, contracts, etc.
• Secondly, Finding and including suitable cost drivers
• Thirdly, Add value to the budget development process
• Then, improve decision making
• And finally, ensure accuracy and avoid any possibilities of mismatching

Technical Proficiency

Nowadays, some levels of computer-based skills are required in just about all the jobs. Cost Accountancy is also one of those professions where you will be working mostly on a laptop or a computer. Hence, it is essential to know about a few skills that you have to implement while making reports.

Here is a list of Software that you’d be using while working as a cost accountant –

• Firstly, Quickbooks
• Secondly, Enterprise 21 ERP software
• Thirdly, KPMG Spark
• Then, Zoho Books
• Also, Wave Financial
• Further, MS. Excel
• And finally, Oracle

Collaboration and Communication

Collaboration and communication are two critical components to a strong business. Whether it’s for some company you’re working with or a client, one is simply looking to revamp these elements, it’ll be well worth the time. Depending on the size of the workforce of a particular organization, you will have to work with several other professionals. These can be stakeholders, risk managers, vendors, and other associates. Hence, it is essential to be able to understand and express thoughts, figures, and ideas among various professionals working as a team.

Here are a few points that you can keep in mind while working on communication skills –

• Finely explain the company’s products or services to clients and stakeholders
• Build more beneficial relationships with clients, which can be helpful in molding better cost savings deals
• Write detailed reports and make professional presentations
• Helpful in negotiating

Different ways to get into Cost Accountancy

Now that we have discussed so many aspects of this profession, we can now focus on the path one needs to follow in order to become a Cost Accountant. Let us talk about the education and training, and certifications required to have a successful career in this field.

Degree or Diploma

To start off, you should have a bachelor’s degree focusing on Accountants or mathematics. This can help in opening up opportunities for entry-level jobs. Further, you can pursue a master’s course in business administration (MBA) while accountancy being a focused subject. These educational qualifications will help in laying a solid foundation for the advanced steps. Also, by these courses, you will have a fair idea about terminology and a deep understanding of principles and methods of cost accountancy. You will a deep understanding of theoretical and applied information related to financial principles such as business organization, financial analysis, principles of economics, money, and banking, business law, and information technology.

Certifications and Training

Other than the degrees, you will need a recognized certification in cost accountancy. This will earn you validation for your skills and abilities and make you more employable. Since this is a job that deals with the finances of an organization, we know there will be a lot at stake. Hence, it is important to win the trust of the client. Certification is the best way of doing this. Also, while you work hard for it, you will learn a lot of things related to this field which will eventually help you grow better as an accountant.

A certification course plays an important role in one’s professional career. Earning a certification is not just simply completing a course; it proves your knowledge and expertise to professional clients in a particular field. Moreover, it acts as a stepping stone towards achieving greater heights in one’s career. A certification program imparts the latest methodologies and tools which are essential in delivering quality work. Ultimately, getting certified adds immense value to your resume and increases client trust.

Get ready to move to Higher Positions

It is obvious that everyone wishes to move ahead on whatever path they are walking. After working for a few years, cost accountants earn a fair bit of knowledge and experience about finances. This opens up the opportunities of moving up to Higher positions like Accounting Manager, Budget Director, Chief Cost Accountant, or Internal Auditing Manager. You can also become a Chief Financial Officer, Treasurer, or Presidents of corporations.

Out of these ways, getting a certification is a part that needs a bit of guidance for anyone starting new in this domain. So let us go through the details of well-recognized certification that will help you in starting your career as a Cost Accountant.

Certificate in Cost Accountancy

The Certificate in Cost Accountancy is an ideal qualification for those who wish to pursue a career in cost accounting. This qualification is suitable for professionals within any organization, including those who do not already have a background in accounting. The course provides a solid foundation of cost data collection and analysis, along with a strong grounding in the tools and techniques used to support strategic decision-making within organizations.

The Certificate in Cost Accountancy is a professional qualification that has been developed to provide students with a comprehensive grounding in the principles of cost and management accounting. It is primarily aimed at students who wish to develop their careers within the industry but who have limited commercial or econometric skills. The course will enhance your knowledge and proficiency in core accountancy subjects including management accounting, financial accounting, cost analysis, costing, budgeting, and performance management.

Things you’ll learn through this course –

• Firstly, Cost and Management Accounting
• Secondly, Material Cost
• Thirdly, Labour Cost
• Fourthly, Direct Expenses and Overheads
• Then, Activity Based Costing
• Also, Cost records
• Further, Costing systems
• Marginal Costing
• Standard Costing
• Furthermore, Budget, Budgeting and Budgetary Control
• Then, Cost Accounting Records and Cost Audit
• And lastly, Analysis and Interpretation of Financial Statements

Test Details of Certificate in Cost Accountancy

• Duration: 60 minutes
• No. of questions: 50
• Maximum marks: 50, Passing marks: 25 (50%).
• There is NO negative marking in this module.
• Online exam.

Benefits of Certification

• Firstly, Government Certification
• Secondly, Certification valid for life
• Thirdly, Lifelong e-learning access
• Then, Free Practice Tests
• Also, Get tagged as ‘Vskills Certified’ On Monsterindia.com
• And Lastly, Get tagged as ‘Vskills Certified’ On Shine.com

Cost Accountancy Online Tutorials

Vskills’ Online Tutorials is part of the Vskills Mobile Learning Management System – a cloud-based solution that offers enterprises, government & academic institutions extensive offline and online training to build knowledge management. These tutorials are developed by experts in the field. They provide extensive guidance on study resources and various other ways of learning about the course requirements of certifications provided by Vskills.

Cost Accountancy Practice Test

Taking practice tests is the most ideal method of realizing how well you are getting along in each subject. This will help you in discovering which subjects you should work harder on before the tests. These papers are made by putting together questions that are similar to the ones asked in the exams. Subsequently, you will gain experience with each practice test. Every one of these endeavors joined will assist you in facing the test with certainty and passing it without any problem. To know better about the exam, you can try a free practice test here!

Market Demands of Cost Accountant

With globalization, all the organizations and companies are in need of professionals like Cost Accountants. It is because they have specialized knowledge on strategizing business and creating value. A cost accountant is a multi-faceted asset for an organization as it helps in several areas of decision-making and analysis.

The importance of a Cost Accountant in the business has been realized by entrepreneurs worldwide. A few years back, there was no much information and resources available for beginners. But things are changed now, several institutes and various training programs have come up to train the students as well as to provide an advanced degree in Business Management and Accountancy.

The job market is always changing and it is important to keep up with new skills. In the field of accounting a Cost accountant is someone who might specialize in different areas of Accounting and Accounting Research. Skills like strong math skills as well as communication skills can add good value to an organization. Also, a cost accountant will help you establish new systems or improve your current systems for reducing costs. Thus, a cost accounting professional is high in demand.  

Expert’s Corner

To conclude this blog, we can say that cost accountancy is a professional domain that plays a vital role in businesses. And hence, it posses a very promising prospect for the candidates who strengthen themselves with the skills and experience. You have to possess the educational qualifications first. Then, you can take the steps towards this domain. This will include earning a certification. Further, you can go for internships for practical experience. Step by step, you can tick all the checkboxes and it will lead you to the path of success.

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