Accounting managers must possess a range of important skills, including leadership, time management, communication, and problem-solving. In order to pursue this career, individuals should have at least a bachelor's degree and relevant professional experience. However, it is worth noting that some employers may prefer candidates who hold master's degrees and/or accounting certifications.
Management accountants often choose to obtain the certified management accountant (CMA) certification offered by the Institute of Management Accountants (IMA). This credential emphasizes skills in financial planning, risk management, investment decisions, and strategic management, which are relevant to supervisory and high-level positions.
When hiring for the position of assistant accounting manager, employers typically look for candidates with a bachelor's or university degree in accounting, finance, business administration, or a related field. Having a graduate or MBA degree in accounting or management can also be beneficial.
This preference for candidates with relevant degrees is based on the job description provided by Velvet Jobs.
Accounting managers occupy positions of high importance within an organization. Yet, with further experience, they have the potential to progress even further in their careers. Advancement opportunities for accounting managers may include assuming the roles of a chief financial officer (CFO) or a corporate controller. Both positions entail more significant levels of responsibility compared to the typical accounting manager role.
The education requirements for accounting managers can differ depending on the employer, industry, specialization, and position. Generally, a bachelor's degree in accounting, finance, or a related field is typically the minimum requirement for this role. Undergraduate accounting programs typically provide a solid foundation in accounting theory and practice.
The organization has a global membership of over 180,000 professionals who are committed to promoting ethical and honest accounting practices worldwide. They take pride in ensuring that their members are highly skilled and ethical individuals who are deserving of the positions of trust they hold.
There are several common accounting associations that professionals can join to enhance their careers, including the American Accounting Association, the American Association of Finance and Accounting, and the National Society of Accountants (NSA).
Additionally, joining a professional architecture association can be beneficial for individuals looking to improve their resume and expand their professional network. By becoming a member of these associations, individuals can gain access to valuable resources and connect with others in their field.
Indeed provides a list of 57 professional associations that individuals can consider joining to enhance their resumes and gain networking opportunities. These associations can greatly contribute to career development and growth.
Accounting Professional Associations & Organizations play a crucial role in promoting the mission of the industry and facilitating connections among professionals with similar goals. JobStars has compiled a comprehensive list of such associations and organizations that professionals in the accounting field can benefit from.
These associations and organizations provide a platform for accountants to network and stay updated on the latest developments in the industry. They offer valuable resources and support for professional growth and advancement.
If you are in the accounting field and looking to connect with like-minded professionals, these accounting professional associations and organizations listed by JobStars can be a valuable resource for you.
Many accountants join professional organizations for training and career development opportunities. However, some may be disappointed to discover that the organization they have chosen offers limited training and job opportunities for its members.
1. American Institute of CPAs (AICPA): A recognized leader in the accounting industry, AICPA offers extensive training programs and provides numerous job opportunities through its vast network of members.
2. Institute of Management Accountants (IMA): IMA offers a comprehensive range of resources, including continuing education, networking events, and specialized certifications, to support accountants in advancing their careers.
3. Association of Chartered Certified Accountants (ACCA): With a global presence, ACCA offers members access to a wide range of job opportunities and valuable resources, such as technical articles and research reports.
5. Chartered Institute of Management Accountants (CIMA): CIMA is a global professional organization that offers training and resources specifically tailored for management accountants, helping them enhance their skills and expand their career prospects.
By joining these professional organizations, accountants can gain access to valuable training and career development opportunities, expanding their knowledge and professional network.
Earning an accounting certification offers several benefits. Firstly, it opens up increased career opportunities by enhancing your credibility with clients and qualifying you for more advanced roles. Secondly, it can substantially increase your earning potential, leading to higher pay.
Individuals who hold a certified management accountant (CMA) certification have the opportunity to pursue career paths in corporate financial accounting and strategic management. The CMA certification provides a distinct set of skills and knowledge that differ from those obtained through a certified public accountant (CPA) certification. CPAs primarily focus on job responsibilities such as producing audit reports and handling tax preparation.
A Certified Public Accountant (CPA) certification is widely recognized and often mandatory for various accounting positions. It affirms your proficiency in areas such as forensic accounting, risk management, compliance, taxes, and other essential skills crucial for higher-level accounting positions. This credential is granted by the reputable American Institute of Certified Public Accountants (AICPA).
There are several accounting certifications available that can greatly enhance your professional growth. Here, we present eight top accounting certifications that can have a positive impact on your career trajectory.