The role of a management accountant is essential in the budgeting and financial departments of all types of organisations, from non-profit organisations to international corporations. He or she works as an expert advisor to senior managers in the effort of reducing the cost of production and daily operations
Daily tasks for a management accountant involve using generally accepted auditing standards to analyse and evaluate company budgets and operational data to pinpoint areas with potential for cost reduction. Additionally, the job holder will spend time assessing and advising officials regarding taxes on both a local and a national level. As a general rule, all persons working in this post must hold at least a Bachelors degree in accounting or finance in addition to official certification from the Chartered Institution of Management Accountants
Salaries for those working in this post in the UK see a high degree of variation according to the location and size of the employer. Overall, the average figure is £35,000 per year, though this can range from as high as nearly £60,000 for senior positions and as low as £25,000 for entry-level roles.

• Communication
• Numeracy
• Being analytical
• Technical knowledge of accounting and business
• Information technology
• Leadership
• Project management
• Pursing further studies
• Attention to detail
• Being discrete
• Professionalism
• Organisational skills

In order to become a Management Accountant it takes several years of study and working experience. There are several professional organisations with which one can obtain certification to become a Management Accountant.
•    Association of Accounting Technicians (AAT)
•    Association of Chartered Certified Accountants (ACCA)
•    Chartered Institute of Public Finance and Accountancy (CIPFA)
•    Chartered Institute of Management Accountants (CIMA)
•    Institute of Chartered Accountants in Ireland (ICAI)
•    Institute of Chartered Accountants in England & Wales (ICAEW)
•    Institute of Chartered Accountants of Scotland (ICAS)
•    Institute of Financial Accountants (IFA)