Management Accountant Job Description Template
A management accountant is responsible for the financial planning and forecasting of a company. They produce financial reports, monitor spending and performance, and provide advice to senior managers on how to improve the financial health of the business. The role of a management accountant is vital in ensuring that a company meets its financial targets and remains profitable. They must have strong analytical and problem-solving skills, as well as being able to communicate complex information clearly.
Management Accountant Job Responsibilities
- Maintain and reconcile the general ledger
- Prepare financial statements
- Manage cash flow
- Budgeting and forecasting
- Perform cost analysis
- Assist with auditing
- Provide decision support to management
Objectives
- To produce accurate and timely financial reports that support management decisionmaking
- To develop and maintain strong internal controls to safeguard company assets
- To manage the company's budgeting and forecasting process
- To provide analysis of variances from budget and forecasts, and recommend corrective action where necessary
- To support managers in understanding and interpreting financial data
- To liaise with auditors to ensure compliance with statutory requirements
Management Accountant Job Skills & Qualifications Needed
- A bachelor's degree in accounting or a related field
- CPA or MBA preferred
- 5+ years of experience in accounting and finance
- Experience with financial analysis, forecasting, and budgeting
- Strong analytical and problem solving skills
- Excellent communication and presentation skills