US CMA Jobs In Canada & Salaries Throughout The Careers

US CMA professionals are in high demand worldwide. Their sharp expertise in financial management and strategic decision-making skills make them sought after by leading companies around the globe. Canada is no exception. In fact, Canadian firms are always on the lookout for US CMA-stamped resumes when filling job openings for management accounting positions.

Why is this certification so highly valued? There are a few good reasons. Firstly, the US CMA program trains candidates in industry-centric knowledge and accounting skills. Secondly, they also develop leadership qualities and understand how to make crucial decisions that positively impact a company’s financial future.

That’s not all. US CMA holders are coveted by many US-based companies that open branches in various cities in Canada. Not only are these executives well-versed in global accounting standards and practices, but they are also prepared to take on new challenges and scenarios within any work environment.

Canada is a great place to build an enriched professional experience that will propel your career to greater heights. As the world’s 9th largest economy, this country also offers a great work-life balance and many benefits. The US CMA salary in Canada ranges between CA$ 50,000 to CA$ 100,000, depending on the experience level.

These numbers depend on which city you work in and for which company. Sounds exciting, doesn’t it? Let’s find out more.

Job opportunities in Canada for US CMA professionals

The good news is that Canada hires qualified immigrants to work in the financial services sector. Indians with a US CMA certification can successfully apply for various job opportunities in the country.

Companies are enticing professionals with high remuneration, growth prospects, flexible timings, bonuses and many other benefits.

Looking For US CMA Classes In Your City? Enrol In Proschool’s Next Batch!

US CMA salary in Canada

As the Canadian economy continues to grow, markets expand, and international businesses open up companies in Canadian cities, the US CMA professional has a lot of scope for work. As mentioned earlier, the certification is highly respected in Canada. It can open up many doors and lead to many lucrative prospects. Earning in Canadian dollars will see a huge spike in your bank account due to the high exchange rate. The national average US CMA salary in Canada for experienced US CMA professionals is between CA$ 80,000 to CA$ 100,000. If you work in a major city like Toronto, Vancouver or Ontario with an MNC, you will earn in the higher range. Your experience, track record and reputation can impact how quickly your annual income increases. Here is a basic breakdown of US CMA salaries in Canada:

Also Read – US CMA Scholarship: What is its eligibility & how can you apply?

US CMA salary in Canada vs other finance certifications

• Experienced CPA professionals earn an average annual income of CA$ 77,000 to CA$ 90,000.
• Skilled CIMA professionals make around CA$ 78,000 annually.
• Mid-level ACCA professionals receive a yearly salary of CA$ 65,000 and CA$ 90,000.

US CMA jobs in Canada

Canadian companies need qualified management accountants with strategic insight, sound expertise and strong professional ethics. The US CMA is regarded as the benchmark in accounting standards due to the high quality of the syllabus content. With this qualification, you can work in local businesses, large companies or multi-national corporations in various job profiles.

As you gain experience, you get elevated to senior leadership positions. It is also possible to get a transfer from your company in India to the counterpart office in Canada. The beauty of the US CMA certification is that you can work in over 150 countries.

Job profiles for US CMA professionals in the UK:

• Management Accountant
• Cost Accountant
• Financial analyst
• Treasurer
• Internal Auditor
• Corporate Controller
• Financial Reporting Manager
• Budget Analyst
• Financial Accounting Manager
• Accounting Director
• Finance Controller
• Chief Financial Officer

Top Canadian companies who hire CMA professionals:

• Doane Grant Thornton
• Scotiabank
• Lafarge Canada
• Deloitte
• PwC
• EY
• Barclays
• Amazon

Also Read – US CMA Jobs In The USA & Salaries Throughout The Careers

Working in the UK vs. Returning to India

You can choose to live permanently in Canada or return to India after a few years. This is a personal decision for every immigrant who has to decide which country is better for their future. While working and living in Canada can be a very fulfilling experience, there is some merit to returning home. Here are some lifestyle and career-related factors to consider.

Also Read – US CMA Salaries In India – What will you earn throughout your career?

How to become a US CMA professional

Eligibility criteria

• Candidates need to have a bachelor’s degree from an IMA board-recognised university.
• Undergraduates can enrol in the course and take the exams but must provide proof of degree before receiving the CMA certification.
• Working professionals must pay professional rates when registering for the CMA course. It is higher than the student rates.

Application process

• Apply for the IMA membership online.
• Pay the US CMA registration charges.
• Pay the exam fees and select your preferred exam dates.

Prepare for the exams

• Learn the course material from top US CMA prep providers, such as Gleim or Hock.
• Enrol with one of India’s top US CMA coaching institutions, such as IMS Proschool.
• Book your exam dates online.
• To pass the CMA exams, you need 360 or more marks out of 500 in both papers.

Fulfil the experience requirements.

• Work full-time for two years in a relevant accounting job to receive your US CMA certificate.

Also Read – Becoming a US CMA: The Complete Process & Preparation!

Proschool’s US CMA course

Proschool’s stellar reputation comes from their commitment to giving their students the best learning experience. The professors are bright minds from the industry who can help students connect the course material with real-world financial scenarios. They focus on practical training through active learning methods.

The facilities and resources at Proschool are some of the best you will find. Professors teach the latest, IMA-approved syllabus using innovative techniques that develop skills and expertise.

Highlights of learning with Proschool:

• You can study at any of the 15 Proschool coaching centres across India.
• You can finish the classroom-based training in six months.
• Students can access over 4,000 MCQs and 90 essay questions that help them practice for the exam.
• The free online foundation course is available for students with non-finance backgrounds.
• Proschool ensures all students receive customised study plans, revision sessions, and doubt-clearing classes.
• The institute is also committed to ensuring every student gets personalised attention.
• If a student fails, Proschool offers free lessons to clear the next exam.
• Students can also access the Proschool placement portal, which has hundreds of job openings in the industry.
• The staff offers extra training for aptitude tests, writing resumes and learning interview etiquette.

FAQs

What is the average US CMA salary in Canada?

The annual packages can go from CA$ 50,000 to over CA$ 100,000, with the average US CMA salary in Canada being around CA$ 62,000.

Can an Indian professional with a US CMA work in Canada?

Yes, the US CMA certification is valid in over 150 countries, including Canada, so rest assured, you can apply for jobs and work in Canada.

What are my options for a work visa in Canada?

You can choose from an open work permit, an employer-specific work permit and a post-graduation work permit. If you have a spouse, they can get a dependent work permit if they also wish to find employment.

Is the US CMA recognised in Canada?

Yes, many of the top Canadian recruiters have hired US CMA professionals for various management accounting roles in their organisations. The certification is considered one of the best in the world, and if you check out the job postings online, you’ll notice many of them ask for US CMA holders.

Conclusion

Canada is a beautiful country that offers exciting career opportunities to US CMA professionals. The CMA certification is globally acknowledged and can help you find a great job position with a leading company in Canada. The 2023 IMA global salary survey states that professionals with a CMA credential earn 20 per cent higher salaries than peers with other qualifications. This means you can get incredible growth opportunities and a lucrative US CMA salary in Canada. If you are ready to begin your journey, sign up for the course today with Proschool.