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A Management Accountant coordinates financial activities for a large business or organisation. You might prepare financial reports and statements and set budgets for departments, projects and other activities. Management Accountants make financial forecasts and provide advice on operating costs, spending and pricing.
Management Accountants should have excellent numerical skills and keen attention to detail. You’ll need to be organised and able to manage your time well. Management Accountants require strong communication skills and must be able to liaise with colleagues at all levels of an organisation.
There are 7 courses available for people who want to become a Management Accountant. These are the top 5 most popular courses.
Possible job outcomes:
The Bachelor of Commerce (Honours) (Accounting) offers an extension of undergraduate studies, focusing on financial and management accounting, auditing, and taxation. It encompasses advanced coursework alongside a research thesis. Seminar-style classes provide opportunities for interaction with research-active academics, enabling students to delve into complex accounting issues and enhance their critical thinking abilities. .
Average duration: 12 months.
The Bachelor of Accounting provides a thorough grounding in financial reporting, analysis, and management for business and government. This degree aligns with the educational requirements of Australian accounting professional bodies and offers elective studies in areas like finance, marketing, and sustainability. It sharpens critical analysis of accounting issues, underpinned by scholarly research, fostering academic and professional proficiency. Graduates emerge well-equipped for diverse accounting careers or advanced study, possessing the skills and knowledge essential for success in the dynamic field of accounting..
Average duration: 3 years.
The Bachelor of Commerce (Accounting) offers a comprehensive foundation in accounting principles, equipping students with the skills to manage financial information systematically and effectively. This course delves into core financial practices, regulatory frameworks, and analytical methods, preparing graduates for diverse roles in the accounting sector. With an emphasis on real-world application, students will be poised to excel in both domestic and international business landscapes, upholding the highest standards of financial integrity and transparency..
The Bachelor of Business (Accounting) is fundamental to various sectors, from consumer goods to sports and philanthropy. This degree equips students with both professional and ethical competencies needed to influence business transactions wisely. The course covers key areas such as identifying business prospects, problem-solving, and financial analysis. It also provides insights into investment decisions, loan considerations, and credit management, while offering a deep understanding of accounting standards and Australian taxation laws..
The Bachelor of Business (Banking and Finance) offers an in-depth look at the rapidly evolving fields of banking and finance. It covers activities of banks and financial institutions worldwide. Students gain essential skills for evaluating the financial requirements of both companies and individuals, and learn how to match these needs with appropriate financial products. The degree provides a solid foundation for understanding key concepts in banking and finance, preparing students for a range of roles in these interconnected sectors..
In Australia, a full time Management Accountant generally earns $1,920 per week ($99,840 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
The number of people working in this field is expected to grow strongly in coming years. There are currently 5,200 people employed in this industry in Australia and many of them specialise as a Management Accountant. Management Accountants may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
If a career as a Management Accountant interests you, consider enrolling in a Bachelor of Accounting. This course covers topics such as business and corporate law, financial accounting, taxation law, corporate accounting, economic principles, business practice and management, auditing, business strategy and ethics and corporate responsibility. A Bachelor of Business (Accounting) may also be suitable.
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Here are some potential career pathways within accounting. Click on an occupation to learn more about the role and the qualifications that can help you get started in this industry.
Accounting
Accounts Clerk
$960 weekly pay
Payroll Clerk
Accounts Officer
$1,150 weekly pay
Accounts Receivable Officer
Assistant Accountant
$1,250 weekly pay
BAS Agent
$1,400 weekly pay
Bookkeeper
Financial Accountant
$1,730 weekly pay
Payroll Officer
Accountant
$1,600 weekly pay
Accounting Manager
$1,550 weekly pay
Auditor
$1,440 weekly pay
Chief Financial Officer (CFO)
$2,880 weekly pay
Company Accountant
$1,820 weekly pay
Cost Controller
$2,115 weekly pay
Financial Controller
Forensic Accountant
Internal Auditor
$1,630 weekly pay
Management Accountant
$1,920 weekly pay
Tax Accountant
Tax Agent
$1,700 weekly pay
Learn more about Management Accountant courses in your area.