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 for 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 for 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

120000 - 150000

25th Percentile

120000

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

50th Percentile

135000

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

75th Percentile

150000

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

Salary range based on three percentiles The starting salaries represent gross yearly salaries. They do not include bonuses, benefits or KiwiSaver.

Projected salaries for related positions

Position title

25th Percentile

50th Percentile

75th Percentile

Accounts Assistant

75000

78000

85000

Assistant Accountant

80000

88000

95000

Accountant

90000

103000

115000

Company Accountant

100000

115000

130000

Group Accountant

130000

155000

180000

Accounts Payable Officer

65000

75000

85000

Accounts Payable Manager

95000

120000

140000

Accounts Receivable Officer

65000

75000

85000

Accounts Receivable Manager

95000

120000

140000

Financial Accountant

100000

115000

130000

Senior Financial Accountant

120000

130000

140000

Corporate Accountant

115000

140000

160000

Cost Accountant

115000

140000

160000

Senior Management Accountant

130000

155000

175000

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