Question

briefly research career opportunities that require knowledge or experience with managerial accounting. List at least two potential positions (including a link to the job posting or job description) that you personally found to be interesting or surprising, and explain why they were noteworthy to you.

Answer 1

there are many career opportunities that require knowledge or experience with managerial accounting

CORPORATE TREASURER

The coveted position of treasurer is the career summit that management accountants aspire to. Treasurers take responsibility for all financial activities within a corporation, including managing liquidity risk, managing cash, issuing debt, hedging foreign exchange and interest rate risk, securitizing, overseeing pension investments, and managing capital structure.

CHIEF FINANCIAL OFFICER

The chief financial officer, or CFO, runs all corporate finance functions on a day-to-day basis. The CFO acts as steward of the company’s assets, minimizing risk and making sure that the books and financial statements are correct. The CFO also needs to run an effective and efficient finance operation within the company.

FINANCIAL ANALYST

Financial analysts help to prepare budgets, monitor task performance, keep track of actual costs, analyze different kinds of variances, review contract completion reports, and assist other executives in preparing forecasts and projections.

CASH-MANAGEMENT ACCOUNTANT

The cash-management accountant is responsible for cash-related financial operations, including making transfers between accounts, monitoring deposits and payments, reconciling cash balances, creating and following cash forecasts, and abiding by the company’s system of internal controls. Salaries for cash-management accountants are generally in the same range as those for financial analysts.

BUDGET ANALYST

The budget analyst prepares and administrates the master budget and then compares master budget projections with actual performance. To prepare this information, the budget analyst needs to become intimately familiar with all the operations in the budget and work closely with both cost accountants and production managers working on the plant floor.

Read carefully and choose the best one which suits your knowledge and experience

ALL THE VERY BEST FOR YOUR CAREER