Management Accountants

Management Accountants provide services relating to performance-based financial reporting, asset valuation, budgetary systems, cost management, pricing, forecasting and the strategic governance of organisations.

What the job involves

  • Assists in formulating budgetary and accounting policies
  • Prepares financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
  • Conducts financial investigations, prepares reports, undertaking audits and advises on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
  • Examines operating costs and organisations' income and expenditure
  • Provides assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements

Key values of workers in Management Accountants

  • Independence

    Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

  • Recognition

    Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

  • Relationships

    Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.

  • Support

    Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.

  • Working Conditions

    Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.

Top skills required for workers in Management Accountants

  • Active Listening

    Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Critical Thinking

    Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

  • Speaking

    Talking to others to convey information effectively.

  • Writing

    Communicating effectively in writing as appropriate for the needs of the audience.

  • Mathematics

    Using mathematics to solve problems.