{"id":250624,"date":"2023-05-03T14:07:38","date_gmt":"2023-05-03T14:07:38","guid":{"rendered":"https:\/\/imarticus.org\/?p=250624"},"modified":"2023-05-03T14:07:38","modified_gmt":"2023-05-03T14:07:38","slug":"uae-cma-certification-a-pathway-to-leadership-and-executive-roles","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/uae-cma-certification-a-pathway-to-leadership-and-executive-roles\/","title":{"rendered":"UAE - CMA Certification: A Pathway To Leadership And Executive Roles"},"content":{"rendered":"

Introduction<\/h2>\n

Imagine having a premium pass recognised in over 170 countries. There's one for sure. It's called the Certified Management Accountant Certification<\/strong> (CMA certification<\/strong>). It opens pathways to journeys into global careers in management accounting and finance.<\/p>\n

Ah! One more among the sea of global 'certificates', one may think. Think twice!<\/p>\n

Look at facts and numbers. Take UAE, for example. Compare the median total compensation uplift for a CMA professional with a non-CMA in UAE. It is a whopping 103%<\/a>! The uplifts are similar globally.<\/p>\n

Sounds too good to be true. Is there a catch? None.<\/p>\n

It has to do with the wide range of challenges that individuals with a CMA certification<\/strong><\/a> can tackle.<\/p>\n

Let's take a quick peek into some of those challenges.<\/p>\n

Challenges<\/h2>\n

Business is getting complex and competitive. The pace of disruptions and innovation is rapid. It's changing the management accounting role. Here's why, with some examples:<\/p>\n

Automation<\/h3>\n

Digital automation is replacing manual accounting tasks. Be it data entry, invoicing, payments or other business processes.<\/p>\n

Artificial Intelligence (AI)<\/h3>\n

Predictions are that AI will deliver over 80% of traditional accounting services. AI will aid 'intelligent' accountable decisions.<\/p>\n

Analytics<\/h3>\n

Data, including financial data, is exploding. Technology can leverage big data using analytics. It can drive better planning, budgeting, forecasting, risk assessment, cost control and decisions.<\/p>\n

Hence, management accountants must reskill and upskill to build newer competencies like analytics. It can help them play accounting and strategic roles of value to the new-age business.<\/p>\n

Is there a solution? One good answer lies in upskilling them with a CMA certification<\/strong>.<\/p>\n

Read on to know more.<\/p>\n

CMA transformation<\/h2>\n

A CMA certification<\/strong> is career transformative for finance and accounts professionals. It's a pathway to uplift from a vertical role into a broader strategic role.<\/p>\n

There are four reasons and twelve skills that make this happen.<\/p>\n

1. Globally recognised value<\/h3>\n

Recognised in over 170 countries, the CMA is more than a certificate. It is a competitive edge in the job market. It is a gold standard of assurance in management accounting. Bringing deep knowledge and execution ability in global management accounting. Plus skills to take on leadership and executive roles in future.<\/p>\n

2. Wholesome curriculum<\/h3>\n

The CMA curriculum covers accounting, business, finance and analytics. That includes a wide range of a dozen core skills:<\/p>\n