What does a Management Accountant do?

Management accountants analyze a company's historical financial data to assist in estimating future costs and revenues and create budgets and internal reports used to make business planning decisions. They gather and analyze financial information for internal use and support budgeting and funding while assisting the company in managing its investment portfolio. Management accountants assume accounting procedures responsibility and evaluate their performance using key data including income, overhead, or investments.

Management accountants forecast to assist in business planning and decision-making procedures, conduct risk assessment, and advise companies on better ways to minimize their risk. They advise companies of issues and problems and suggest relevant improvements, and sometimes supervise lower-level personnel. As strategists and decision-makers, management accountants contribute to management’s decision-making process, ensuring business growth alongside long-term success. Management accountants need a bachelor's degree in accounting, finance, or related fields.

Work/Life Balance
3.6 ★
Salary Range--
Career Opportunity
3.4 ★
Avg. Experience2-4 years

Management Accountant Salaries near United Kingdom

Average Base Pay

£45,135 /yr
Not including cash compensation
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Glassdoor Estimated Salary

Management Accountant Career Path

Learn how to become a Management Accountant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Management Accountant

Years of Experience Distribution

0 - 1
2 - 4
5 - 7
Not including years spent in education and/or training

Management Accountant Insights

Read what Management Accountant professionals have to say about their job experiences and view top companies for this career.
Management Accountant
3 May 2023

“Not the best pay NHS in general is poorly run and this impacts services and our ability to do our job”

Equal ExpertsEqual Experts
Principle Consultant
31 Mar 2023

“High autonomy for me to do my best work and deliver the best I can for the customer.”

AimTech Solutions
Assistant Management Accountant
19 Sept 2021

“I was misled and no support or consideration was offered efficently as a new starter.”

Furniture VillageFurniture Village
Assistant Management Accountant
6 May 2022

“Furniture Village has a great working environment which gives you scope to further develop your career.”

Wyevale Garden CentresWyevale Garden Centres
Assistant Management Accountant
1 Nov 2021

“The best team of people that will always support you in all your everyday tasks and your personal development.”

Principle Consultant
1 Sept 2023

“What truly sets Netwoven INC apart is its unwavering support for career growth and continuous learning.”

Travel & TravelTravel & Travel
Management Accountant
9 May 2022

“Not good salary that convinient with work and effort i do”

Management Accountant
1 Jan 2023

“No opportunity for growth and career development”

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Management Accountant Interviews

Frequently asked questions about the role and responsibilities of a Management Accountant

The most similar professions to Management Accountant are:
  • Accountant
  • Accounting Manager
  • Cost Accountant
  • Project Accountant

Related Careers

No skills overlap
Accounting Manager
Cost Accountant
No skills overlap
Project Accountant
No skills overlap

Management Accountant jobs