What does this profession do? A CMA is a strategic and financial management professional who combines accounting expertise and business knowledge with professional management skills to provide leadership, innovation and an integrating perspective to organizational decision- making in the global marketplace!
Is this field growing or shrinking? The need for Certified Management Accountants in the marketplace is stronger than ever as more companies turn to the holistic business viewpoint of the CMA to help them compete in this ever changing world.
Potential Earnings? From data collected in 2006, the average amount a CMA makes over a year is around $87,073.
What education is necessary? You must have a university degree as well as prerequisites, then you must take the CMA entrance exam, and finally you have to complete one of four CMA Professional Programs. This can all take anywhere between 5-10 years, depending on your work experience.
Schools for Study School Name:Location:Length of Program: Annual Cost: Saint Mary’s University Halifax, NSA minimum of 24 months. $12,300 (without books, etc.) Memorial University Newfoundland and Labrador 5 yearsAround $10,000
Responsibilities and Duties Examining accounting records to monitor the financial health of companies. Analyze all aspects of companies’ operations from a financial perspective. May analyze everything from the cost of supplies to the payroll costs. Write reports and present the findings and recommendations to management.
Job Prospects? There seems to be many jobs around the Maritimes for CMA’s, as well as many jobs that are good for building experience before becoming a CMA.
Jobs Job Ad #LocationEarningsRequirementsWhere did you find the ad? Senior Financial Analyst Halifax, NS Bell Aliant To be determined by Bell Aliant Enrolled or completed accounting designation 3-5 years experience Senior Advisor Halifax, NS MHPM To be determined by MHPM University degree ACCT designation Min 7 yrs experience Broad skills set Client facing experience e.ca AS154-CB Financial Analyst Dartmouth, NS Accountant Staffing To be determined by Accountant Staffing University degree 3-5 yrs experience Working towards CMA Exceptional skill set Strong Excel skills acon.com
Jobs Job Ad #LocationEarningsRequirementsWhere did you find the ad? CA767EM Auditor Toronto, ON KELLY To be determined by KELLY Must have OFSI experience CA or CMA Must have audit background in banking acon.com Senior Accountant New Brunswick Irving Oil To be determined by Irving Oil CA, CMA or CGA 2-5 yrs experience Client focus IT experience Creative and innovative thinking acon.com SC1212-CB Senior Consultant Charlottetown, PEI Cogsdale Corporation To be determined by Cogsdale Corporation University degree, preferably accounting major The ability to influence and motive peers 3-5 yrs experience acon.com