Choosing a Career as a Certified Management Accountant in 2022

If you intend to move on in the field of Management and Accounting, obtaining a CMA USA certification can be a smart career move, regardless of your educational background. It is clear that CMA USA possesses the necessary skills to support smooth organization functioning. Additionally, they assist in the development of strategies for investments, risk management, and make decisions that facilitate smooth operation for any organization worldwide, regardless of its size, which gives them an advantage in getting jobs in these fields.

Job opportunities after CMA USA

It takes 2 years of relevant experience and passing 2 exams with a bachelor's degree to be a CMA professional. CMA professionals are employed in a wide range of organizations, and their placement scope is not limited to a single qualification or industry as it requires a lot of time, hard work, money, dedication and consistency.

Here are some of the best jobs you can pursue after graduating from CMA USA

Financial Analyst

Financial Analysts are experts in market trends and microeconomic aspects of finance, such as issuing corporate bonds and splitting stock. Additionally, an analyst provides information about the company's profitability, liquidity, and stability. In the field of Financial Analysis, one can work for a big four accounting firm, a multinational corporation, a start-up, or even a bank or an insurance company, and become a Finance Manager, a Cost Accountant, a Partner in Investments, a Financial Consultant, or a Portfolio Manager with the potential to grow within the field.

Finance Manager

Finance Managers are responsible for developing and maintaining accounting systems, and they are also accountable for overseeing daily operations, creating financial statements, and implementing strict accounting policies and principles to ensure that accounting activities run smoothly. The manager is responsible for monitoring and collecting data and setting procedures that other accountants have to follow. This job is usually found in large organizations with multiple accountants.

Financial Planner

A career as a Financial Planner may be the right choice for you if planning and strategizing are your passions. A financial planner aids their clients in making risk-adjusted decisions about their financial future by offering advice on how to manage their money, budgeting, planning, and strategizing. It is possible for an Analyst to work for a private or public organization, an agency of the government, an insurance company, or a finance company.

Financial Risk Manager

A person in this role must have strong analytical skills, keen observational abilities, and a strong grasp of mathematics, as well as be able to identify risk through the analysis of global financial markets to predict changes and trends. The FRM must also develop strategies to mitigate potential risks before they lead to massive losses for the organization.

Relationship Manager

It develops and executes programs for improving club activities and event management, maintains regular communication with elite clubs, gathers resources, and initiates strategies and creates opportunities for individuals to contribute to the work of the IMA at the local level, in addition to administering the IMA, strategic planning, finance, and club development programs.

Senior Accountant

Employees prepare month-end procedures, reconcile accountant balances, and maintain a general ledger in an organization to report cost margins, productivity, and expenditures. They guide and mentor the Junior Accountants with their CMA knowledge using their years of experience, superior communication skills, strong leadership skills, and expertise in management.

Financial Controller

Since Financial Controllers work directly with Chief Financial Officers as one of the heads of the Finance department, CMA credentials are essential for this role, which involves making strategic recommendations and managing other accounting professionals. A Financial Controller is expected to audit, analyze books, oversee tax issues, or formulate financial strategies to plan for potential risks on a daily basis. They must be adept at multitasking, have effective communication skills, be able to convert data into financial reports, and formulate financial strategies.

Cost Accountant

Their objective is to reduce financial waste and increase profit by analyzing manufacturing operations equipment availability and closing cost accounts at the end of each month. As a cost accountant with a CMA certification, you can perform cost accounting and communicate strategic plans to executive leadership for implementation. They know the business very well and have the skills necessary to prepare comprehensive financial reports.

Chief Financial Officer

CMA courses provide you with the education and knowledge you need to manage a company's financial activities in the fastest way possible. One of the most attractive jobs after completing a CMA is to become a Chief Financial Officer, who oversees everything from financial reporting to investing forecasts, taking business decisions, tracking money flow, and proposing corrections.