What does a Chartered Management Accountant do?
The preparation, development and analysis of financial information for an organisation’s management team to use when making well-informed decisions, which helps to secure future stability, growth and profitability. A chartered management accountant’s role is to analyse the performance of a business and advise on how to prevent problems, adapt to changing circumstances and improve value.
What skills does a Chartered Management Accountant need?
- Commercial awareness and an understanding of how businesses work and manage resources
- Numerical skills
- The ability to clearly explain complex information in layman’s terms to a range of stakeholders
- Professionalism and the ability to remain impartial
- Excellent oral and written communication skills
- An understanding of accounting technology
- Project management skills and the ability to lead
- Strong teamwork skills and the ability to work with colleagues including non-finance members of staff
- A logical approach to work, as well as analytical and problem-solving skills
- Organisational skills and the ability to work to deadlines
- Motivation to complete studies whilst working.
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