How much does a Certified Management Accountant make?

As of May 28, 2024, the average annual pay of Certified Management Accountant in the United States is $72,317. While Salary.com is seeing that Certified Management Accountant salary in the US can go up to $87,082 or down to $59,219, but most earn between $65,461 and $80,045. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

View Certified Management Accountant Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Certified Management Accountant salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Certified Management Accountant hourly pay, weekly pay, monthly pay and so on.

Certified Management Accountant Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $80,045 $6,670 $1,539 $38
Average $72,317 $6,026 $1,391 $35
25th Percentile $65,461 $5,455 $1,259 $31
25% $65,461 10% $59,219 90% $87,082 75% $80,045 $72,317 50%(Median) Didn’t find job title? Click
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View Certified Management Accountant Salary by Experience Levels

An entry-level Certified Management Accountant with no related experience makes about $69,759. With less than 2 years of experience, a mid-level Certified Management Accountant makes around $69,963. After 2-4 years, the Certified Management Accountant pay rises to about $72,575. Those senior Certified Management Accountant with 5-8 years of experience earn roughly $75,790, and those Certified Management Accountant having 8 years or more experience are expected to earn about $76,019 on average.

Best Paying States for Certified Management Accountant

The states and districts that pay Certified Management Accountant the highest salary are District of Columbia (around $80,488) , California (around $79,765) , New Jersey (around $79,259) , Alaska (around $78,753) , Massachusetts (around $78,681), Washington (around $77,957), Connecticut (around $77,668).

States Salary
District of Columbia $80,488
California $79,765
New Jersey $79,259
Alaska $78,753
Massachusetts $78,681
Washington $77,957
Connecticut $77,668

Highest Paying Cities for Certified Management Accountant

The metropolitan areas that pay the highest salary in the Certified Management Accountant profession are San Jose,CA, San Francisco,CA, Oakland,CA, New York,NY, Queens Village,NY, Paramus,NJ, Passaic,NJ, Bergenfield,NJ, Stamford,CT, and Huntington,NY.

Best-Paid Skills and Qualifications for Certified Management Accountant

What skills does a Certified Management Accountant need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.

3.

Internal Control: Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.

Analysis 5.11%
Accounts Receivable 2.38%
Internal Control 1.17%
Others 91.34%
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View Certified Management Accountant Salary Trends

For those exploring the changing dynamics of Certified Management Accountant salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. Our research highlights a notable shift in Certified Management Accountant compensation over the past six years. For instance, the median salary has moved from $65,323 in 2023 to about $64,445 in 2024 (for a comprehensive analysis of Certified Management Accountant salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Certified Management Accountant Over Time

2020
$???
2021
$???
2022
$???
2023
$65,323
2024
$64,445
2025
$63,937

Certified Management Accountant Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $65,323
2024 $64,445
2025 $63,937

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FAQs Regarding Certified Management Accountant

1. What is the average salary of a Certified Management Accountant?

The average annual salary of Certified Management Accountant is $72,317. In case you are finding an easy salary calculator, the average hourly pay of Certified Management Accountant is $35; the average weekly pay of Certified Management Accountant is $1,391; the average monthly pay of Certified Management Accountant is $6,026.

2. What does a Certified Management Accountant do?

Certified Management Accountant maintains financial records and ensures that financial transactions are properly recorded. Ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. Being a Certified Management Accountant prepares balance sheets, profit and loss statements and other financial reports. Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Additionally, Certified Management Accountant requires a bachelor's degree in accounting or finance. May require eligibility to sit for Certified Public Accountant (CPA) exam. Typically reports to a supervisor or manager. The Certified Management Accountant occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Certified Management Accountant typically requires 2 -4 years of related experience.

3. What’s typical Career Path for Certified Management Accountant?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Certified Management Accountant, the first career path typically progresses to Bookkeeping Manager.

The second career path typically starts with an Accountant III position, and then progresses to Accountant IV.

Additionally, the third career path typically progresses to Plant Controller.

4. Where can a Certified Management Accountant earn the most?

A Certified Management Accountant's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Certified Management Accountant earns the most in San Jose, CA, where the annual salary of a Certified Management Accountant is $90,757.

5. What is the highest pay for Certified Management Accountant?

The highest pay for Certified Management Accountant is $87,082.

6. What is the lowest pay for Certified Management Accountant?

The lowest pay for Certified Management Accountant is $59,219.