Management Accountant

Management Accountants are futurists who drive business strategy to generate and preserve value.

What's it like to be a Management Accountant?

Management Accountants are responsible for the sourcing, data analysis, communication and use of financial and non-financial information to make decisions that will affect the future of an organisation.
Tasks and duties
  • Collating information such as revenue, cash flow and outstanding debts.
  • Using financial and non-financial data to formulate a complete picture of how the business is going.
  • Advising stakeholders on the financial implications of significant decisions, business strategy and monitoring risk.
Which option below best describes your current situation?
Considering a career change
Starting my first career
Looking to advance my current career
None of these options

What can I earn as a Management Accountant?

The most common salary for a Management Accountant is between $95k and $110k
Source: SEEK job ads and SEEK Profile data

How to become a Management Accountant

A bachelor's degree in the field of accounting is the most common requirement to work as an accountant, and a bachelor-level degree is required to be eligible for entry into any of the three professional accounting bodies that regulate and accredit the accounting industry in Australia.
  1. Complete a qualification in the field of accounting. Courses such as a Bachelor of Accounting or a Bachelor of Commerce are generally three-year courses, open to anyone over 17 years who has completed year 12 with an appropriate Universities Admission Index.
  2. Complete a CIMA (Chartered Institute of Management Accountants) Certificate in Business Accounting. If you have a relevant degree like accounting or business, you may be entitled to exemptions from some CIMA exams, which will allow you to progress onto the professional qualification sooner.
  3. Complete the CIMA Professional Qualification. The length of time this takes will depend on previous study and exemptions, however if you hold a masters or MBA in accounting, you'll just need to pass the CIMA gateway exam, which is a three-hour computer-based case study exam.

    Once you have completed the CIMA Professional Qualification, you will be awarded the Chartered Global Management Accountant (CGMA) designation.

  4. There are numerous opportunities for management accounts; consider becoming a finance director, chief executive, management consultant or running your own business.

Explore Management Accountant qualifications

Management Accountants are in demand across a wide range of industries. Find out what it's like to work for common employers in your state.
Source: SEEK job ads and SEEK Profile data

What are employers looking for?

Employers want:
  • Reporting skills
  • Analysis skills
  • CA/CPA
  • Budgeting and forecasting experience
  • Variance analysis skills
Shortlisted applicants have:
  • CPA
  • Financial reporting experience
  • Financial analysis skills
  • Forecasting experience
  • MYOB
Source: SEEK job ads and SEEK Profile data

How do Management Accountants rate their role?

Latest reviews from 25 Management Accountants surveyed on SEEK

Source: SEEK Role Reviews

What are the job opportunities for Management Accountants?

Find out how the job market is trending

Job opportunities
Management Accountant jobs on SEEK
Source: SEEK
Projected job growth
National increase over next 5 years
6.9%
2017
2022
Source: LMIP. Accountants
Source: SEEK job ads and SEEK Profile data

Management Accountants commonly move into these roles

Finance Manager
Avg. starting salary
$130 - $140k
Financial Analyst
Avg. starting salary
$90 - $100k
Source: SEEK job ads and SEEK Profile data

Explore similar roles

Auditor
Avg. starting salary
$70 - $80k
Financial Planning and Analysis Analyst
Avg. starting salary
$120 - $130k
Source: SEEK job ads and SEEK Profile data