CIMA
What can I achieve with a CIMA qualification?
05 Jul 2021
The Chartered Institute of Management Accountants, or CIMA, is the world’s largest body of management accountants, and their qualifications can offer careers in many countries and many businesses.
If you want a career that can give you amazing opportunities, then CIMA might be the qualification for you. Here’s a few job roles that you could do depending on which level you achieve.
Certificate in Business Accounting level roles
Sales Ledger Clerk – your role would include processing invoices and making sure that every penny owed to a company is accounted for and invoiced.
Accounts Assistant – you would provide administrative support to accountants, and do clerical tasks such as typing, filing, making phone calls, handling mail and basic bookkeeping.
Professional Operational level roles
Financial Analyst – you’ll be working in banks, pension funds, insurance companies, and other businesses. As a Financial Analyst you would provide guidance to businesses and individuals making investment decisions. You would have to be able to assess the performance of stocks, bonds, and other types of investments.
Junior Financial Analyst – you would be responsible for assisting senior analysts in various accounting and financial management duties. Depending on the structure of the organisation, you may be part of the accounting or finance department.
Professional Management level roles
Fund Accountant – you’re responsible for keeping all aspects of fund accounts in order for the business. Work includes creating financial reports, controlling transactions and tracking yields and interest.
Financial Accountant – you’d be responsible for budgeting, performing internal audits and managing tax payments, amongst lots of other duties. You would be a point of contact and authority for managers.
Management Accountant – this role involves interpreting financial data and making informed strategic decisions that benefit the business. You might be working on monthly management accounts, year-end accounts, profit and loss reports, analysing balance sheets, budgets and forecasting.
Strategic Professional level roles
Financial Controller – you would be responsible for overseeing the preparation of financial statements and ensuring insightful data from the reports. You will also verify the authenticity of financial reports, regulatory compliance and analysis of financial data.
Financial Manager – this is a varied role, depending on the organisation you work for. If the business is larger, then the role could be more about strategic analysis, but in a smaller organisation a finance manager might be more involved in the collection and preparation of accounts.
Other responsibilities could be management and development of junior staff, being the point of contact for audits, both internal and external, and reporting actuals to management.
Chief Financial Officer (CFO) – you would take responsibility for the financial well being of an organisation, by managing and reporting on an organisation’s finances. You’ll be accountable for process and risk management, providing strategic recommendations, operations, financial planning, and financial information, as well as the leadership and direction of the wider team.
Interested in CIMA?
No matter what level you achieve, being CIMA qualified in some capacity will help boost your employability in all of the above roles, and many others.
The CIMA Certificate will make you eligible for entry to mid-level roles, whilst CIMA Professional is needed for more senior roles. But no matter where you start, it’s a great qualification to have and is recognised around the world, so there are no limits to where your career could take you.
For more information see our CIMA pages, and find out more about this brilliant qualification. You can subscribe to study CIMA with our OnDemand or Live Online courses.
CIMA
What can I achieve with a CIMA qualification?
05 Jul 2021
The Chartered Institute of Management Accountants, or CIMA, is the world’s largest body of management accountants, and their qualifications can offer careers in many countries and many businesses.
If you want a career that can give you amazing opportunities, then CIMA might be the qualification for you. Here’s a few job roles that you could do depending on which level you achieve.
Certificate in Business Accounting level roles
Sales Ledger Clerk – your role would include processing invoices and making sure that every penny owed to a company is accounted for and invoiced.
Accounts Assistant – you would provide administrative support to accountants, and do clerical tasks such as typing, filing, making phone calls, handling mail and basic bookkeeping.
Professional Operational level roles
Financial Analyst – you’ll be working in banks, pension funds, insurance companies, and other businesses. As a Financial Analyst you would provide guidance to businesses and individuals making investment decisions. You would have to be able to assess the performance of stocks, bonds, and other types of investments.
Junior Financial Analyst – you would be responsible for assisting senior analysts in various accounting and financial management duties. Depending on the structure of the organisation, you may be part of the accounting or finance department.
Professional Management level roles
Fund Accountant – you’re responsible for keeping all aspects of fund accounts in order for the business. Work includes creating financial reports, controlling transactions and tracking yields and interest.
Financial Accountant – you’d be responsible for budgeting, performing internal audits and managing tax payments, amongst lots of other duties. You would be a point of contact and authority for managers.
Management Accountant – this role involves interpreting financial data and making informed strategic decisions that benefit the business. You might be working on monthly management accounts, year-end accounts, profit and loss reports, analysing balance sheets, budgets and forecasting.
Strategic Professional level roles
Financial Controller – you would be responsible for overseeing the preparation of financial statements and ensuring insightful data from the reports. You will also verify the authenticity of financial reports, regulatory compliance and analysis of financial data.
Financial Manager – this is a varied role, depending on the organisation you work for. If the business is larger, then the role could be more about strategic analysis, but in a smaller organisation a finance manager might be more involved in the collection and preparation of accounts.
Other responsibilities could be management and development of junior staff, being the point of contact for audits, both internal and external, and reporting actuals to management.
Chief Financial Officer (CFO) – you would take responsibility for the financial well being of an organisation, by managing and reporting on an organisation’s finances. You’ll be accountable for process and risk management, providing strategic recommendations, operations, financial planning, and financial information, as well as the leadership and direction of the wider team.
Interested in CIMA?
No matter what level you achieve, being CIMA qualified in some capacity will help boost your employability in all of the above roles, and many others.
The CIMA Certificate will make you eligible for entry to mid-level roles, whilst CIMA Professional is needed for more senior roles. But no matter where you start, it’s a great qualification to have and is recognised around the world, so there are no limits to where your career could take you.
For more information see our CIMA pages, and find out more about this brilliant qualification. You can subscribe to study CIMA with our OnDemand or Live Online courses.
