Exciting Career Paths After 12th: Jobs for Aspiring Cost & Management Accountants

Thu Dec 14, 2023

Exciting Career Paths After 12th: Jobs for Aspiring Cost & Management Accountants

"Start where you are. Use what you have. Do what you can."

Introduction

Hey, just finished your 12th class? Wondering what's next? If you like numbers and business, becoming a Cost & Management Accountant (CMA) could be a cool choice. Let's look at the kinds of jobs you can do in this area.

What is a CMA?

A CMA is someone who knows a lot about managing money and costs in a business. They help companies make smart money decisions and save money.

Jobs for CMAs

  1. Cost Audit: It's like being a detective for a company's money, making sure all the spending is correct.
  2. Keeping Cost Records: You'll keep track of money coming in and going out, which is super important for any business.
  3. Special Audits: This is checking that companies are paying the right taxes when they buy or sell things to other countries.
  4. GST Audit: Since GST (a type of tax) is new, companies need help making sure they're doing it right.
  5. Internal Audit: You'll check different parts of a company to make sure everything is working well.
  6. Concurrent Audit: This is live checking, especially in banks, to prevent mistakes or fraud.
  7. Stock Audit for Banks: Banks need CMAs to make sure their records about investments are correct.
  8. Tax Consultancy: Giving advice on how to handle taxes – a big part of any business.
  9. Project Management: Planning and managing big projects from start to finish.
  10. Surveyor and Loss Assessor in Insurance: Deciding how much money insurance companies should pay when there's damage or loss.
  11. Recovery Consultant in Banks: Helping banks get back money they've lent.
  12. Business Valuation and Financial Services Advisor: Figuring out how much a business is worth and giving financial advice.
Other Cool Jobs
  • Working for the Government: Helping with legal cases or with rules about work and money.
  • Checking for Fraud (Forensic Audit): Like being a financial detective to stop theft and fraud.
  • Making Sure Computer Systems Are Safe: Protecting against hackers and keeping information secure.

CMA Rohan Sharma
CMA, B.COM

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