The average salary for a Management Accountant is $60,118.
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What Do Management Accountants Do?
Management accounting is a specific piece of the accounting world that focuses on delivering financial information in a way that helps the managerial staff of a company make decisions. A management accountant must not only be an expert in accounting, but they also must be able to present the data in a practical way that addresses management's challenges.
A management accountant should have an excellent understanding of the functions and operations of management and leadership, so they underst…Read more
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What Are Popular Skills for Management Accountants?
Skills in Financial Reporting, Financial Analysis and Budgeting are correlated to pay that is above average. Skills that pay less than market rate include Month-End Close and Microsoft Excel.
What is the Pay by Experience Level for Management Accountants?
An entry-level Management Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,665 based on 15 salaries. An early career Management Accountant with 1-4 years of experience earns an average total compensation of $56,149 based on 72 salaries. A mid-career Management Accountant with 5-9 years of experience earns an average total compensation of $65,844 based on 53 salaries. An experienced Management Accountant with 10-19 years of experience earns an average total compensation of $67,650 based on 52 salaries. In their late career (20 years and higher), employees earn an average total compensation of $62,793.
Pay Difference by Location
Employees with Management Accountant in their job title in Boston, Massachusetts earn an average of 33.1% more than the national average. These job titles also find higher than average salaries in Houston, Texas (14.4% more) and New York, New York (11.3% more). The lowest salaries can be found in Chicago, Illinois (10.2% less) and Atlanta, Georgia (3.5% less).
Years of Experience
This data is based on 243 survey responses.