US Certified Management Accountant:
US CMA (Certified Management Accountant) is a certification in strategic management and financial accounting. It is globally recognized with a special focus on management accounting and corporate finance. CMAs work in accounting, corporate finance, and strategy teams in a company. They can parse data from many sources to inform performance improvement. Besides, they contribute to strategic business decisions.
Certified Management Accountant work experience can be summarized as follows:
- Create strategies to improve various external and internal risks.
- Identify investment management opportunities.
- Arrange financing and funding options.
- Supervise lower-level accountants.
- Monitor and administer compliance.
US CMA jobs in India:
US CMA is in great demand in the Finance, Banking, Private and Government sectors.
In India, the most common industries to employ a CMA include:
- Educational Services
- Medical and health services
- Manufacturing
- Mining
- Construction
- Transportations
- Insurance and real estate
- Communications and utility services
Employment Areas and Opportunities:
CMAs are uniquely qualified for different positions in the industry. Here are the few job areas of CMA:
- Financial reporting
- Performance management
- Internal controls
- Planning and budgeting
- Cost management
- Investment decisions
- Profitability analysis
Why are CMAs needed?
Skills gained while pursuing the CMA certification enable the professional to connect the concepts of accounting to finance applications. Moreover, CMAs hone financial data analysis and accounting, which can be leveraged to make strategic business decisions and to improve performance. In addition, CMAs are experts in budgeting and cost management.
Conclusion:
The job market of CMA is booming as they are sought after professionals. Becoming a CMA will help you advance in the company. Any Questions? Comment below.
Simandhar Education:
Simandhar is the official partner of Becker and AICPA – Largest Training provider for US CPA, US CMA , IFRS and EA courses in India.
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