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.

Work/Life Balance
3.5 ★
Salary Range--
Career Opportunity
3.3 ★
Avg. Experience2-4 years

Management Accountant Salaries

Average Base Pay

$64,269 /yr
Same as national average
Not including cash compensation
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Median: $64K
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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.

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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.
Management Accountant
Jul 29, 2019

“I recieved great support and mentoring from my manager to gain the relevant experience to progress in my career”

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.”

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.”

Senior Management Accountant
Sep 10, 2020

“Compensation is good and motivating”

Oliver BernardOliver Bernard
Assistant Management Accountant
Aug 30, 2019

“sold to me and i eventually found out that the role was a copy and paste job from google.”

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.”

Management Accountant
Nov 2, 2019

“It's a workplace which encourages personal initiatives and career advancement.”

Carlisle Support ServicesCarlisle Support Services
Management Accountant
Oct 28, 2021

“Previous FC that used to work there was a great person to work with”

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