A Management Accountant analyses key financial information to provide feedback that will aid managerial planning and commercial decision making that will ensure future growth and profitability of your company. Part of the Management Accountant’s role is to try to reduce the operational and production costs of a company by identifying and implementing more efficient strategies. The company’s Management Accountant establishes financial policies and maintains management information systems, combining the need f or a candidate with accounting and business management skills. Other duties as part of the Management Accountant job description should include: Budgeting and reporting Advising on strategic planning and business planning Completing all tax-related material Overseeing benefits and compensation packages Creating financial statements for internal and external company requirements Providing financial analysis and forecasting Supporting auditing projects If a senior role, it could also include supervising a finance team

Management Accountant job qualifications and requirements

A Management Accountant job description should request at minimum a Bachelor’s degree in accounting or finance, with strong skills in reporting. A keen knowledge of accounting would be beneficial, as well as the following soft skills: Strong attention to detail Organisation skills Problem-solving skills Critical and analytical thinking Communication skills As this role oversees critical data f or a company, a candidate’s mathematical abilities and business knowledge will be integral due to the breadth of financial information they will oversee.
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Salary for Management Accountant
$100,000 - $120,000
25th Percentile
$100,000
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
$111,000
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
$120,000
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Assistant Accountant $70,500 $78,500 $86,500 Accountant $95,500 $108,000 $114,500 Senior Accountant $107,500 $119,000 $132,500 Group Accountant $112,000 $127,500 $145,000 Accounts / Finance Officer $65,500 $72,000 $82,000 Accounts Payable Officer $63,500 $72,000 $82,000 Accounts Payable Manager $88,000 $100,500 $116,500 Accounts Receivable Officer $69,500 $76,000 $87,500 Accounts Receivable Manager $88,500 $100,500 $114,000 Bookkeeper $73,500 $83,500 $93,500 Corporate Accountant $112,000 $127,500 $145,000 Cost Accountant $110,000 $118,000 $135,000 Financial Accountant $93,500 $103,000 $112,500 Senior Financial Accountant $116,500 $130,000 $145,500 Senior Management Accountant $120,000 $135,000 $145,000 Project Accountant $102,500 $118,000 $137,000
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