If you choose to practice accountancy within commerce and industry, you could find yourself in a management accountancy role this can ultimately set you down a career path that leads to working as a finance controller or even cfo of a company. The 7 career paths for newly qualified accountants include public, group, corporate, tax, fund and investment accounting plus risk and compliance careers group accounting this can include financial and management accounting and finance analyst roles historically, newly-qualified public practice. This is a profession recognised in south africa by saqa (south african qualifications authority), which has recognised cima, the chartered institute of management accountants, as the professional body which contributes to the education and training system and the career paths of chartered management accountants in. Your career as a cgma designation holder, your broad business knowledge qualifies you to work in a wide variety of roles inside and outside the finance function read our case studies to discover the diverse roles and business sectors in which cima members can be found management accounting and finance roles. Common career paths cpas and potential cpas have a variety of career paths from which to choose within public accounting, you can work for any sized firm, ranging from a large, international cpa firm to a small local accounting practice within the firm, you can work in such areas as audit, tax and management.
The difference in skills required among managers and accountants stems from their varied responsibilities these career paths may share some similar skill sets , but at their core, the functions of their positions are very different and while specific skills and abilities will always vary by positions, becoming. Management accountant management accountants look after a company's finances and find ways to improve profitability salary working hours, patterns and environment career path and progression as a management accountant you'll work for a company as an in-house accountant you could work. Knese's career provides an example of one of the many possible professional paths for management accountants he started out as a public accountant and earned the cpa credential, then advanced to management accounting and earned the cma credential finally, when he became cfo, he earned the. These two case studies from the chartered institute of management accountants (cima) show that you can get into a career in management accountancy whether you're coming from my point of view seeing how the cima qualification has furthered their careers, confirms to me that i have chosen the right career path.
Becoming a qualified accountant can lead to a wealth of exciting and interesting job opportunities, but whether you are fresh out of school or university or looking for a change in your career, obtaining the proper qualifications is essential depending on what background you are coming from – school leaver. Securing a qualification through the chartered institute of management accountants (cima) can undoubtedly give your finance career a real boost becoming cima qualified shows these roles potentially put you on the path to becoming a finance director or cfo in the future search current vacancies.
Whether you want to become a management accountant, or you're looking to develop your career, read our management accountant career guide to find the facts. Career progression is dependent on the successful completion of the cima qualifications post-qualification promotion depends on experience gained and skills developed, such as project management and transferable skills, such as communication and teamwork continuing professional.
Management accountants are responsible for managing a company's finances. Chartered institute of management accountants 041 352 553 the institute of commercial and financial accountants of southern africa http://wwwcfa-sacoza career progress and path experience in specific field work performance general management studies possible career paths specialist career.