For employers looking to fill a Management Accountant vacancy, the following sample Management Accountant job description can help you to attract the best candidates for the role. By tailoring this Management Accountant position description according to your company's specific job requirements, you have an excellent interview tool for comparison purposes.
For job seekers looking for a Management Accountant role, this job description details what the role may involve and what skills and experience are required to give you the best chance of securing the position.
Reporting to the Finance Manager or Financial Controller, a Management Accountant is primarily involved in providing managers with the relevant information to facilitate decision-making.
A Management Accountant's duties and responsibilities can be varied depending on the organisation, however, they may include, but are not limited to:
Preparation of monthly management reports tracking financial performance against budget
Providing commentary on management reports
Preparation of cashflow forecasts
Variance Analysis around actual results compared to the budget and forecasts for each profit and cost centre
Play a lead role in compiling the annual budget with senior management
Analysing trends and financial performance across business units
Month-end accounting including reconciliations and journals
Supervising and training junior staff
Taking part in systems and process improvement initiatives
The more common skills and attributes that are most needed for this role may include:
Experience with forecasting and budgeting
Knowledge of accounting principles and relevant standards
Ability to analyse complex reports
Ability to effectively communicate accounting concepts to non-finance staff
Organised and structured in daily duties
Excellent attention to detail
Team player and ability to establish strong relationships
Excellent written and verbal communication skills to facilitate business partnering
Ability to prioritise and manage multiple deadlines simultaneously
Intermediate to advanced computer software skills, including Excel and other accounting packages
Relevant Business/Finance related degree
Professional Accounting qualifications such as CPA or CA
$80 - $120k + Super
Senior Management Accountant
For hiring managers ready to recruit a Management Accountant, download our job description template.
For job seekers who need to write or update their resume, download our resume guide and template.
A Management Accountant is responsible for providing the business Managers with relevant information and reporting to facilitate decision-making.
An Accountant is an overarching job title, however, a Management Accountant is more specifically focused on the preparation of monthly management reports, forecasting, cash flow, and working with senior management to compile the annual budget
It is not harder, it is just different. A Management Accountant need to understand the business and analyse the data to prepare budgets and forecasts, and then have the ability to communicate financial information to non-finance staff,
A degree with a professional Accounting qualification such as a CA or CPA is a good foundation. Your last position may have been an Assistant Accountant or a junior Business Analyst.
It often takes three years of work experience after studying for your degree to become an established Management Accountant.
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