CIMA is the world's largest professional body of management accountants with 195,000 members and students in 176 countries. Management accountancy isn’t just about numbers and spreadsheets. On movie sets, at fashion labels, inside football clubs, that’s where you’ll find the CIMA Chartered Management Accountant. Find out more about CIMA qualifications.
A chartered management accountant prepares, develops and analyses key financial information to ensure that an organisation's management make well-informed decisions to ensure future stability, growth and profitability.
They establish and maintain financial policies and management information systems, as well as provide a high quality support service by liaising with management colleagues on all aspects of finance. The role combines accounting skills with business management skills.
A chartered management accountant’s role is to look to the future. They analyse the performance of a business and advise on how to pre-empt problems, adapt to changing circumstances and improve value. This is done by managing and reducing operational and production costs and implementing newer more effective strategies. They can work in a specific division or across the whole organisation.
Typical work activities include:
The role will vary depending on the management structure, for example there may be some openings in large firms with a focus on a business advisory role.
There may also be some variation to the function depending on the nature of the organisation (commercial, public sector or not-for-profit) and, with larger organisations, the department or departments that the individual is based in or supports.
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