A Look at Management Accountants

Continuing our series of looking at finance jobs, in thisyear, it tends to get busy and they will be required
article we are going to look at Managementto work some extra hours. Skills that recruiters will
Accountants.look for in Management Accountants include good
The role of a Management Accountant is often bestanalytical skills, maths skills, computer skills, problem
suited to individuals with strong problem solving skillssolving, understanding of business, attention to detail,
within financial situations. They will be expected topresentation skills and good team working skills.
use upto date financial data to find ways to costManagement Accountants are expected to either
save, aid growth and profitability. Recommendedhave professional qualifications or be working
changes can be anything from changing a supplier totowards gaining them.
introducing new procedures to the business.The most popular accountancy body in this line of
A Management Accountant can work in house for anwork is the CIMA, but there are another five
individual client or work for an accountancy firm,institutes you can also qualify with.
where their services will be offered to multiple clients.Fully qualified Management Accountants need to have
The training and benefits packages are often whatpassed their exams and have three years work
help potential candidates choose where to work.experience. To get a full CIMA accreditation, they will
Tasks and activities a Management Accountant willneed to pass 14 exams.
perform will range from preparing financial documentsOnce individuals become fully qualified they will
and statements, keeping check of spending, cuttingbecome very popular and in demand. There are many
costs, helping in financial decisions and providingpaths they can take that will lead to lucrative career
general financial help to departments and managers.opportunities.
Businesses will use Management Accountants toTrainees in this line of work can earn up to
make sure they are following financial governance£26,000 but as soon as they pass their
requirements and regulations. Depending on the sizeexams, then can earn around £45,000. More
of the business that the Management Accountantsenior Management accountant jobs can expect a
works for, they may have a team to help them insalary of up to £100,000 and great bonuses.
their duties.For more information on Management Accountant
The role requires candidates to work traditionaljobs speak to a finance recruitment specialist.
business hours, but at the end of each month and