Qualified Management Accountant

What is a qualified management accountant?

Management accountants are responsible for providing the financial information that commercial business decisions are built on. As well as helping the financial reporting manager shape the future of the company through financial insights, they also identify new ways the company can reduce operational costs and lend ad-hoc project support to the financial controller.

Qualified management accountant job description and responsibilities

Management accountant responsibilities blend accounting and business management. They focus on the development of financial policies and the maintenance of management information systems. Management accountant duties include:

Supporting the financial controller on ad hoc projects

Providing audit project support

Budget and forecasting month-end close

Providing advice on strategic planning

Budgets and reports

Financial analysis

Creating internal and external financial statements and forecasts

Management accountant qualifications, skills and experience

Employers are looking for qualified Chartered Accountants or candidates with an equivalent qualification. They should have experience working in an accounts preparation environment and be familiar with accounts production software and reporting packages. Other management accountant skills include:

Good organisational skills

Excellent written and verbal communication

Attention to detail

Flexible approach to work and the ability to adapt

Accountability

Self-motivation

Problem-solving skills

Skills in analytical thinking

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Salary for Qualified Management Accountant

47250 - 58500

25th percentile

47250

The candidate has little or no prior experience in the position and is still developing relevant skills.

50th percentile

52750

The candidate has an average level of experience and has most of the necessary skills.

75th percentile

58500

The candidate has above-average experience, has most or all the necessary skills, and may have specialised qualifications.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Head of Regulatory Reporting

71750

87250

100000

Financial Planning & Analysis Manager - Financial Services

73250

82500

92000

Financial Planning & Analysis Manager

63500

74250

84750

Finance Manager - Financial Services

54250

61250

67750

Finance Manager

51500

59500

67000

Group/Financial Reporting Accountant

52500

61500

68250

Financial Planning & Analysis Analyst

45500

51500

59000

Regulatory Accountant

47750

51500

55250

Fund Accountant - Financial Services

47250

54750

59750

Qualified Management Accountant - Financial Services

47250

54000

59750

Qualified Financial Accountant - Financial Services

48250

51500

56500

Qualified Financial Accountant

47250

52750

58500

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Our starting salary projections come from a detailed, multistep process that ensures our numbers accurately reflect the marketplace. They’re based on real compensation data for job seekers our recruiters have matched with companies across the country, in addition to 350,000 third-party vacancies data from Textkernel for independent validation.

The Salary Guide From Robert Half is the original. We’ve been publishing salary forecasts since 1950, and our guide has served as a trusted source for employers, job seekers, industry associations, government and educational institutions, and national and local media.