What does a Management Accountant do?
Management accountants analyze a company's historical financial data to assist in estimating future costs and revenues and create budgets and internal reports used to make business planning decisions. They gather and analyze financial information for internal use and support budgeting and funding while assisting the company in managing its investment portfolio. Management accountants assume accounting procedures responsibility and evaluate their performance using key data including income, overhead, or investments.
Management accountants forecast to assist in business planning and decision-making procedures, conduct risk assessment, and advise companies on better ways to minimize their risk. They advise companies of issues and problems and suggest relevant improvements, and sometimes supervise lower-level personnel. As strategists and decision-makers, management accountants contribute to management’s decision-making process, ensuring business growth alongside long-term success. Management accountants need a bachelor's degree in accounting, finance, or related fields.
Management Accountant Salaries
Average Base Pay
Management Accountant Career Path
Learn how to become a Management Accountant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Management Accountant Insights
“I recieved great support and mentoring from my manager to gain the relevant experience to progress in my career”
“I wasn't given the tools I needed to be successful in the role such as training and support.”
“I was misled and no support or consideration was offered efficently as a new starter.”
“In order to do this Ametek have provided me with endless training and development opportunities to steer me on the right track for career progression.”
“Compensation is good and motivating”
“sold to me and i eventually found out that the role was a copy and paste job from google.”
“The best team of people that will always support you in all your everyday tasks and your personal development.”
“Good good good good good”
Management Accountant Interviews
Management Accountant jobs
Frequently asked questions about the role and responsibilities of a management accountant
- Accounting Manager
- Cost Accountant
- Project Accountant