Role of the Management Accountant
Also known as corporate accountants, management accountants work within one specific company.
The role of the management accountant is to perform a series of tasks to ensure their company’s financial security, handling essentially all financial matters and thus helping to drive the business’s overall management and strategy.
Management accountants are key figures in determining the status and success of a company. Some choose to become a Certified Management Accountant (CMA), a similar credential to CPA, but with a greater focus on cost accounting, financial planning, and management issues.
Job responsibilities can range widely. Depending on the company, your level of experience, the time of year and the type of industry, you could find yourself doing any of the following tasks:
- Budgeting
- Handling taxes
- Managing assets to helping determine compensation and benefits packages
- Aiding in strategic planning
School | Program | More Info |
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Seton Hall University | MBA in Accounting (Online) | Request Information |
Management Accounting Career Path
Entry Level |
Types of Roles:
Staff accountant, cost accountant, junior internal auditor, tax accountant |
Getting There:
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Job Duties:
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Mid Level |
Types of Roles:
Accounting manager or senior accountant, senior internal auditor |
Getting There:
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Job Duties:
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School | Program | More Info |
---|---|---|
Seton Hall University | MBA in Accounting (Online) | Request Information |
Senior Level |
Types of Roles:
Controller, director of accounting or finance, CFO |
Getting There:
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Job Duties:
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*Depends on company size, specific job and location.
Sources: Robert Half International; Bureau of Labor Statistics’ 2018-19 Occupational Outlook Handbook.
School | Program | More Info |
---|---|---|
Seton Hall University | MBA in Accounting (Online) | Request Information |
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