INVOLVEMENT OF US CMA WITHIN AN ORGANIZATION
INVOLVEMENT OF US CMA WITHIN AN ORGANIZATION
Every multinational firm needs to control and organize its financial status. The planning and decision-making of financial officers play a major role in the growth of the organization. These roles are handled by CMAs. CMA US (certified management accountant) is treated as the highest standard certification in management accounting and financial planning as it requires the best standards of professional skills and ethics.
These US-certified management accountants are in great demand in the banking and public sectors. Some of the organizations where CMAs are inexhaustible are:
- Public sector undertakings
- Government organizations
- Big 4
- Elite MNCs
- Management consulting firms
Accordingly, CMA careers are highly diversified and thus open the doors to many new and exciting job opportunities after the certification. It could provide you with greater credibility, higher earning potential, and ultimately a seat at the leadership table. Here are a few of the most common career paths after CMA that you can apply for:
- Financial manager
The finance manager is the powerhouse of operational decisions. The ability to deal with clients and senior colleagues could enhance the position depth to engage in forecasting and budgeting.
- Financial analyst
The objective of a financial analyst is to track the financial status, analyze the results, present reports, and give ideas to improve the productivity of the company.
- Financial Risk Manager
This job role is meant for those who are keen observers and have future analytic skills. A financial risk manager should analyze the company’s status beforehand to minimize financial crises and risks in the future.
- Corporate controller
A corporate controller has to do the financial reports and submit the income statements to the chief financial officer.
- Cost Accountant
The cost accountant is expected to perform margin analysis and monitor cost information. It focuses on methods to reduce costs.
- Inventory manager
The inventory manager is the one who optimizes the inventory control procedures and inspects the level of business.
- Chief Operations Officer
Vice president of the company who deals with the daily business operations.
- Investment associate
The responsibilities of an Investment associate are to review the financial data and strategize the investments of the company to increase the profit.
- Chief Financial Officer
CFO is the head of a financial institution and is the one who takes the company’s financial decisions. To attain this high level of management position it is essential to be a CMA US certified person with leadership, communication, and analytical skills.