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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Auditing
ERP - Enterprise Resource Planning
MYOB
Payroll
QuickBooks
Reporting
Revenue Accounting
Sales
Variance Analysis
Xero
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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