Management accountant

Management accountants oversee a company's finances and find ways to improve profits.


Typical Salary

£30,000 – £60,000

per year

Working Hours

37–39

hours per week

Career Area

Chartered and certified accountants

View related courses

Day-to-day tasks

As a management accountant, you could:

  • prepare financial statements and accounts
  •  monitor spending and budgets
  •  analyse the company's financial performance
  •  make business decisions
  •  audit departments in your company
  •  forecast and plan future spending and ways to reduce costs

Skills needed

  • knowledge of economics and accounting
  • maths knowledge
  • to be thorough and pay attention to detail
  • administration skills
  • analytical thinking skills
  • the ability to work well with others
  • ambition and a desire to succeed
  • excellent verbal communication skills
  • to have a thorough understanding of computer systems and applications

How to get into this role

You can get into this job through:

  • a university course
  • an apprenticeship
  • combining work with studying a professional qualification

Career progression

With experience, you could become a:

  • finance manager
  •  chief financial officer
  •  finance director
  •  chief executive

You might also become a self-employed management consultant or work as a financial business analyst.