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. 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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Salary for Management Accountant in Sydney
107000 - 128400
25th Percentile
107000
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
118770
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
128400
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 75435 83995 92555 Accountant 102185 115560 122515 Senior Accountant 115025 127330 141775 Group Accountant 119840 136425 155150 Accounts / Finance Officer 70085 77040 87740 Accounts Payable Officer 67945 77040 87740 Accounts Payable Manager 94160 107535 124655 Accounts Receivable Officer 74365 81320 93625 Accounts Receivable Manager 94695 107535 121980 Bookkeeper 78645 89345 100045 Corporate Accountant 119840 136425 155150 Cost Accountant 117700 126260 144450 Financial Accountant 100045 110210 120375 Senior Financial Accountant 124655 139100 155685 Senior Management Accountant 128400 144450 155150 Project Accountant 109675 126260 146590
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