US CMA Jobs In The USA & Salaries Throughout The Careers

Risk Management Specialist. Treasury & Budget Manager. Business Development Director. Financial Controller. Finance Manager. Chief Financial Officer…. The list goes on.

The above designations are just a few job openings for CMA professionals in the USA. A casual glance at the career centre page on the official IMA website will reveal many more. It’s a good time to do the certified management accountant course in India, especially if you have plans to migrate to the United States of America.

The job market is booming, companies are expanding and career opportunities are rising. US CMA professionals are coveted by companies across various sectors such as finance, IT, pharmaceuticals, manufacturing, construction and many more.

This homegrown certification was created to meet the needs of a burgeoning US economy in 1972. Today, it ensures qualified accounting professionals can meet the increasing demands of a competitive market within a constantly changing corporate landscape. With the right training, you could be one of those professionals.

Your resume could circulate among the top companies in the United States. Below is more information on how your certification can help you land a lucrative US CMA salary in the USA.

Job opportunities in the USA for CMA professionals

The US economy is one of the strongest in the world. They are the leading country in global trade, which leads to job growth in multiple sectors. However, there are more jobs than suitable candidates available.

According to the US Bureau of Labor Statistics, the accounting and auditing sector is expected to grow by 6 per cent by 2033, creating over 67,000 jobs. Yet, over 76 per cent of CFOs in the USA are struggling to hire professionals to fill positions within the accounting and finance departments.

That’s not all. 28 per cent of existing accountants are over 55 years of age. This means, that within 5 to 10 years, job vacancies will increase even further once retirement hits for senior accountants.

Since talent is limited within the USA, companies will start hunting for workers overseas. Indians with a US CMA Certification can bridge the labour gap. US-based organisations recognise the global value of the CMA certification. Companies and businesses seek certified professionals for their expertise and skills. They offer strategic insights, help make critical decisions and optimise productivity. This is the right time to register for the course, develop your skills and begin your journey of being a global accountant earning a high US CMA salary in the USA.

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US CMA salary in the USA

CMA professionals are experts in management accounting and financial management. They can use their credentials, knowledge and experience to secure attractive US CMA salaries in the USA. Due to the high demand for certified accountants, businesses are willing to shell out top dollar for the right recruit. Companies can also offer joining bonuses, annual bonuses, perks and other benefits to entice candidates to join them. Salaries depend on which US state or city you are in, the calibre of the company and your experience level. However, the average US CMA salary in the USA is between $100,000 to $120,000 on par with global rates, as it is not uncommon for professionals to receive annual incomes in six-digit figures.

Here is a rough breakdown of US CMA salaries in the USA, depending on the experience level.

US CMA salary in the USA vs other finance certifications

• CPA professionals earn an average annual salary of $78,000.
• CIMA professionals make $114,000 annually.
• ACCA professionals receive a yearly income of $90,000.

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

US CMA jobs in the USA

Where do CMA holders work in the United States? The short answer is, everywhere! The longer answer is that these qualified professionals are hired by top companies in various sectors. Within the finance industry, they can be employed in banking, M&A firms, accounting firms and consulting agencies. There is also immense scope to work in healthcare, auto, infrastructure and tech companies. The CMA course is designed for professionals to help businesses improve their performance, budget their finances and make strategic decisions for a more profitable future. CMA professionals also work for multinational corporations with headquarters in the USA. So while you work in the United States, you receive global exposure.

Top US-based companies who hire CMA professionals:

• Coca-Cola
• P&G
• General Electric
• Apple
• Unilever
• EY
• Deloitte
• PwC
• KPMG
• Boeing
• Microsoft
• IBM
• Boston Consulting Group (BCG)
• Target
• Costco

Job profiles for CMA professionals in the USA:

• Management Accountant
• Financial Analyst
• Cost Accountant
• Treasury & Budget Manager
• Internal Auditor
• Risk Management Specialist
• Financial Risk Manager
• Financial Controller
• Accounts Manager
• Chief Financial Officer
• Finance Director
• Business Development Director

Also Read – Top 4 US CMA Study Materials & Books | Recommended By Proschool Experts

Working in the US vs. Returning to India

To live and work in the US is to fulfil the American Dream of prosperity and enrichment. Many Indians have achieved a good life, a flourishing career and an attractive US CMA salary in the USA. However, there have also been cases of NRIs returning to India to reconnect with their roots. Around 75 per cent of Indians currently living in the US are keen to retire in India. While there is a case to be made for working in the USA, there is an equally valid one for returning to the homeland. Let’s explore the benefits of both countries to give you a clearer idea.

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

How to become a US CMA professional

Eligibility

• Students require a bachelor’s degree from an IMA-accredited college to receive their CMA qualification.
• Undergraduates can take the exams but must submit their degrees to receive their certifications.
• Working professionals can do the course if they pay the professional rates instead of the discounted student fees.

Application process:

• The first step is to register for the IMA membership online.
• Next, you pay the course enrolment fees.
• Select your exam dates online and pay the fees to block your chosen slot.

Exam Prep

• Study the CMA study material with reputed prep providers such as Becker, Gleim or Hock. You can also study with a coaching institute like Proschool.
• Take mock tests and solve practice papers to prepare for the CMA Part 1 and 2 exams.
• You need at least 360 points out of 500 (72%) to pass the CMA exams.

Complete the experience requirements

• You must work for two years in the accounting industry to fulfil the CMA work requirement clause.
• Upload proof of your experience to the IMA website to receive your certification.

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

Highlights of Proschool’s US CMA course

What makes learning with Proschool such a unique experience for students? It all boils down to innovative teaching practices and high-quality learning resources. The professors are experienced industry professionals who shape students’ minds and enhance their knowledge through active learning methods and training techniques.

The subject matter is taught through the practical application of real-world scenarios. Students are engaged in stimulating classroom sessions that help them understand complex concepts better. The syllabus can be intimidating at first. Proschool’s professors are masters at simplifying the topics and providing easy-to-understand explanations.

Studying for the US CMA certification with Proschool can lead to exciting jobs and lucrative US CMA salaries in the USA. And it all starts when you sign up for the course.

Benefits of learning with Proschool:

1. Proschool has coaching centres in 15 cities.
2. The course duration is six months.
3. Professors provide doubt-clearing sessions, customised study plans and revision classes.
4. You can take a free online foundation course before joining the CMA program.
5. You have the advantage of a huge bank of 4,000 MCQs, 90 essay questions and full-fledged mock tests for exam practice.
6. Proschool has an exam pass commitment that enables any student who has failed the exam to retake the entire module for free for a second attempt.
7. Students can access Proschool’s placement portal for job openings after clearing the exams.
8. You are given career guidance through aptitude tests, resume writing tips and a mock interview set-up.

FAQs

What is the salary for CMA professionals in the USA?

The US CMA salary in the USA ranges from $50,000 to over $120,000. Your income will depend on your geographical location and the company. It also helps to have good negotiation skills.

Which US-based companies hire US CMA candidates?

You’ll find some of the top organisations in the world hire CMA professionals in the USA.

CMA holders can find employment with finance firms such as EY and PwC, tech companies like Apple and Microsoft and retail corporations like Costco and Walmart.

Can US CMA holders from India find jobs in the USA?

The US CMA certification is universally valid in over 150 nations. The country of origin is irrelevant. So yes, you can use your CMA qualification from India to apply for jobs in the United States.

Is it difficult to get a work visa in the US?

US work visas are very complicated and time-consuming. You must ensure you have all the necessary paperwork and can file for a temporary work visa that allows you to live and work in the country for a limited period. Then you must apply for a green card to live permanently in the US.

Conclusion

Many Indians have successfully migrated to the United States of America. The key is to offer something of value as a professional. The current shortage of accountants coupled with your CMA qualification will give you a good chance of finding employment and earning a high US CMA salary in the USA.