What Jobs Can I Get With a US CMA Certification?
The US CMA (Certified Management Accountant) certification or course is offered by the Institute of Management Accountants (IMA) of the US, which is known as the global association of finance and accounting professionals in the business. US CMA certification has been the benchmark for global financial professionals and accountants. One can become a US CMA holder within 12 to 18 months.
US CMA Career Opportunities:
The US CMA certification is well recognized by Big4s, Multinational companies (MNCs), consulting firms, US banks, and some other BFSI companies having their branches in India.
After earning CMA certification, professionals can grab many opportunities related to accounting, finance, and decision making. CMA salaries differ according to the role of the candidate.
Let’s move right into knowing the details about CMA roles.
Financial Analyst:
Financial Analyst is a junior position for US CMAs that includes tracking financial statements, analyze results, prepare reports, and give recommendations in improving the productivity of the company. The US CMA credential provides the financial analysts the confidence and knowledge they required to be able to finish the entire cycle from the finance reports.
Financial Controller:
Financial controllers work with CFOs (Certified Financial Offers) directly. This role is considered as the managerial position overseeing other accounting managers and accountants. Financial controllers are also involved in formulating financial strategies and converting the data/information into financial reports. The US CMA certification credential is highly recommended for the position of financial controller.
Cost Accountant:
Cost Accountants analyze, collect and report the details about the cost of the company in order to find all the inefficiencies that are needed to be eliminated in saving the money. In the entire credentialing process of CMA certification, the cost accountants learn all the skills that are needed to communicate strategic plans and perform successful cost accounting.
Chief Financial Officer:
The Chief Financial Officer (CFO) role is considered as the head of an organization’s financial decisions as the finance C-suite arm often reports to the CEO (Chief Executive Officer) directly. The Chief Financial Officer (CFO) involve in financial forecasting, financial reporting, and company investments. The communications, leadership, and analytical skills involved in this role are part of the Certified Management Accountant credentialing process.
Financial Risk Manager:
After having the required decision-making skills and analytical skills through the US CMA credential, the financial risk manager can predict the future changes that can affect the strategic plans of the company’s finance.
US CMA Salary in India:
The US CMA candidate who gained skills while pursuing the certification of US CMA can enable him/her to connect with the finance and accounting concepts and applications. In India, the US CMA holders can have countless job opportunities in some of the well-reputed companies like Accenture, Amazon, HPE, Wipro, and so on.
The average salary of a US CMA in India is INR 8,00,000 per annum.
Conclusion:
The US CMA is considered as one of the highest management accounting credentials which have various job opportunities all over the world. Hope this article helps you know the complete and detailed insights about the US CMA certification. Still, you have any queries, feel free to comment below or you can contact Simandhar Education directly: +91–7780273388