Management Accountant

Management Accountant job description

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.

Management Accountant duties and responsibilities of the job

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

100000 - 120000

25th Percentile

100000

The applicant has limited or no experience in the position and is still developing their skills.

Demand: Low

50th Percentile

111000

The applicant has an average level of experience and has most of the necessary skills.

Demand: Moderate

75th Percentile

120000

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

70500

78500

86500

Accountant

95500

108000

114500

Senior Accountant

107500

119000

132500

Group Accountant

112000

127500

145000

Accounts / Finance Officer

65500

72000

82000

Accounts Payable Officer

63500

72000

82000

Accounts Payable Manager

88000

100500

116500

Accounts Receivable Officer

69500

76000

87500

Accounts Receivable Manager

88500

100500

114000

Bookkeeper

73500

83500

93500

Corporate Accountant

112000

127500

145000

Cost Accountant

110000

118000

135000

Financial Accountant

93500

103000

112500

Senior Financial Accountant

116500

130000

145500

Senior Management Accountant

120000

135000

145000

Project Accountant

102500

118000

137000

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Management Accountant

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