Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

What do Management Accountants do?

Job Descriptions August 8, 2013

Management accountants are also known as corporate accountants, who work within a certain company. The management accountant’s role is to perform a series of tasks to ensure their company’s financial security; they handle all of the company’s financial matter. Thus, help drive the company’s overall strategy and management.

Management accountants are key figures in determining the success and status of a company. Depending on the individual, some may choose to become a CMA (Certified Management Accountant), which has similar credential to a CPA (Certified Public Accountant), but with a greater concentration on management issues, financial planning, and cost accounting.

Management accountants’ job responsibilities may range widely. Depending on the type of industry, the time of year, your level of experience, and the company themselves; you might find yourself doing any of the following tasks:

• Aiding in strategic planning
• Managing assets to help determine benefits and compensation packages
• Handling taxes
• Budgeting

Management Accounting Career Path

Entry-Level Mid-Level Senior-Level
Type of Roles • Tax accountant
• Junior Internal Auditor
• Cost Accountant
• Staff Accountant
• Senior Internal Auditor
• Senior Accountant
• Accounting Manager
• Chief Financial Officer (CFO)
• Director of Accounting
Controller
How to Get There • Strong technology Skills (Particularly in Microsoft Excel)
• Bachelor degree in accounting or finance
• Certified Management Accountant (CMA)
• Certified Public Accountant (CPA)
• Master of Accountancy (MAcc)
• MBA with a focus on accounting
• MAcc – and/or CMA or CPA Certification
• Graduate Degree (MBA)
• Knowledge of the industry and United States
• Accounting Principles
• Solid Management Skills
Track record of leadership and excellence in the field
All mid-level requirements
Description • Prepare reports for the controller’s department
• Help in the budget department
• Do tasks involving payroll and receivables, compliance audits, and financial statements
• Work under a senior manager or accountant
• Help manage the general ledger
• Complete and review tax returns
• Supervise accounting staff
• Help create company budgets
• Prepare and/or analyze monthly financial information
• Assess internal controls
• Prepare financial statements
• Manage relationships with auditors and investors
• Build business strategy
• Perform financial analysis
• Maintain budget
• Oversee, train, and hire staff
• Coordinate accounting operations
• Responsible for part or all of a company’s transactions, actions, and financial status

Searching Searching ...

Matching School Ads
4 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students will explore business concepts like marketing, global media management, and business technology and design
  • Courses designed to prepare students for a career in business and Career Development advisors available to all alumni
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right IT, Computer Science, Cybersecurity, Software and Application Development, Web Design or Technology Management Degree Program for YOU.
  • Affordable and Flexible Information Technology Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect IT/Computer Science Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Searching Searching ...

Matching School Ads
4 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students will explore business concepts like marketing, global media management, and business technology and design
  • Courses designed to prepare students for a career in business and Career Development advisors available to all alumni
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right IT, Computer Science, Cybersecurity, Software and Application Development, Web Design or Technology Management Degree Program for YOU.
  • Affordable and Flexible Information Technology Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect IT/Computer Science Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!