What does a Management Accountant do?

Management accountants analyze a company's historical financial data to assist in estimating future costs and revenues and create budgets and internal reports used to make business planning decisions. They gather and analyze financial information for internal use and support budgeting and funding while assisting the company in managing its investment portfolio. Management accountants assume accounting procedures responsibility and evaluate their performance using key data including income, overhead, or investments.

Management accountants forecast to assist in business planning and decision-making procedures, conduct risk assessment, and advise companies on better ways to minimize their risk. They advise companies of issues and problems and suggest relevant improvements, and sometimes supervise lower-level personnel. As strategists and decision-makers, management accountants contribute to management’s decision-making process, ensuring business growth alongside long-term success. Management accountants need a bachelor's degree in accounting, finance, or related fields.

Education--
Work/Life Balance
3.5 ★
Salary Range--
Career Opportunity
3.4 ★
Avg. Experience2-4 years

Management Accountant Salaries

Average Base Pay

$70,315 /yr
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
$53K
Median: $70K
$94K
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Glassdoor Estimated Salary

Management Accountant Career Path

Learn how to become a Management Accountant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Average Years of Experience

0 - 1
12%
2 - 4
54%
5 - 7
22%
8+
12%
Not including years spent in education and/or training
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Management Accountant Insights

Read what Management Accountant professionals have to say about their job experiences and view top companies for this career.
AimTech Solutions
Assistant Management Accountant
Sept 19, 2021

“I was misled and no support or consideration was offered efficently as a new starter.”

Smart Metering SystemsSmart Metering Systems
Senior Management Accountant
Nov 26, 2020

“I wasn't given the tools I needed to be successful in the role such as training and support.”

Furniture VillageFurniture Village
Assistant Management Accountant
May 6, 2022

“Furniture Village has a great working environment which gives you scope to further develop your career.”

AMETEKAMETEK
Management Accountant
Nov 19, 2020

“In order to do this Ametek have provided me with endless training and development opportunities to steer me on the right track for career progression.”

CBRECBRE
Senior Management Accountant
Sept 10, 2020

“Compensation is good and motivating”

Wyevale Garden Centres
Assistant Management Accountant
Nov 1, 2021

“The best team of people that will always support you in all your everyday tasks and your personal development.”

Arc Legal AssistanceArc Legal Assistance
Management Accountant
Apr 28, 2021

“Good good good good good”

Travel & Travel
Management Accountant
May 9, 2022

“Not good salary that convinient with work and effort i do”

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Management Accountant Interviews

Frequently asked questions about the role and responsibilities of a Management Accountant

The most similar professions to Management Accountant are:
  • Accountant
  • Accounting Manager
  • Cost Accountant
  • Project Accountant

Related Careers

Accountant
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Accounting Manager
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Cost Accountant
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Project Accountant
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Management Accountant jobs