CIMA Jobs Overview One of the leading governing professional bodies, CIMA (The Chartered Institute of Management ...
CIMA Jobs Overview
One of the leading governing professional bodies, CIMA (The Chartered Institute of Management Accountants) specialises in business management accounting. Instead of working in public practice, the members work for one company or large organisation where their tasks include analysing financial data, estimating future costs and revenues to create budgets and preparing internal reports. They also assist with making strategic financial decisions and business planning. Other duties involve:
- Recommending ways to cut costs and increase profits
- Internal auditing and assisting external auditors
- Managing finance clerks and accounting technicians
- Overseeing credit control, bookkeeping and payroll functions
CIMA Jobs Education Requirements
CIMA certification commences with an entry-level certificate, comprising five exams. At this stage, no fixed qualifications are required, though a good standard of Maths and English is necessary. The subsequent professional qualification consists of ten examinations; enrolment is via the CIMA certificate or a relevant accountancy or business-related degree. Additionally, AAT (Association of Accounting Technicians) or other professional accounting qualifications may enable some exam exemptions. Trainee accountants studying towards CIMA qualifications who are looking for a role change or greater responsibility may wish to search for assistant management accountant jobs.
CIMA Jobs Market
Management accountant jobs and commercial accountancy vacancies are in abundant supply, with clear lines of career progression reflected in vacancy listings. The job titles of accountant and finance manager both featured in a 2016 Daily Telegraph list of the best jobs, based on total numbers of job vacancies, career development and earning potential.
CIMA Jobs Salary Information
Current CIMA job annual starting salaries for management accountants vary between £27,518 and £38,928, with a median gross figure of £32,637. With experience, profit sharing and bonuses, salary levels in senior accountant jobs can easily rise above £50,000 depending on location. Significantly higher figures are seen at financial controller and director levels.