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.

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Work/Life Balance
3.5 ★
Salary Range--
Career Opportunity
3.3 ★
Avg. Experience2-4 years

Management Accountant Salaries

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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.

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Management Accountant Insights

Read what Management Accountant professionals have to say about their job experiences and view top companies for this career.
Management Accountant
29 Jul 2019

“I recieved great support and mentoring from my manager to gain the relevant experience to progress in my career”

Smart Metering SystemsSmart Metering Systems
Senior Management Accountant
26 Nov 2020

“I wasn't given the tools I needed to be successful in the role such as training and support.”

Management Accountant
19 Nov 2020

“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.”

Senior Management Accountant
10 Sep 2020

“Compensation is good and motivating”

Oliver BernardOliver Bernard
Assistant Management Accountant
30 Aug 2019

“sold to me and i eventually found out that the role was a copy and paste job from google.”

University of MelbourneUniversity of Melbourne
Management Accountant
26 May 2019

“Great work and life balance;”

Management Accountant
2 Nov 2019

“It's a workplace which encourages personal initiatives and career advancement.”

South London and Maudsley NHS Foundation TrustSouth London and Maudsley NHS Foundation Trust
Management Accountant
8 Jul 2021

“Offering good work life balance”

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