Chartered Institute of Management Accountants recruitment - Jo Monkman

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Jo Monkman Student Recruitment Manager

description

Presentation for HEA-funded workshop 'The employable accounting and finance graduate – Make your work experience count' The event was a practical workshop which focused on the employability skills looked for within graduate accounting market. Although, it was not grounded in academic research, the event was an opportunity for students to hear first-hand what employers recruiting accounting and finance professionals are looking for. This presentation forms part of a blog post which can be accessed via: For further details of HEA Social Sciences work relating to employability and global citizenship please see: http://bit.ly/17n8Knj

Transcript of Chartered Institute of Management Accountants recruitment - Jo Monkman

  • 1. Jo Monkman Student Recruitment Manager

2. CIMA at a glance* * *218,000 members and students in 177 countriesCIMA members hold 111 board positions at 91 different FTSE 350 companies 42 within 37 FTSE 100 companies 69 within 54 FTSE 250 companiesLargest worldwide growth of total students and members from 2012 to 2013 when compared to all other POB members (ACCA, CIPFA, ICAEW, CAI, ICAS)* * *Presence in 100% of the global top 100 brandsCIMA has entered a joint venture with the AICPA which now opens doors in the USA for CIMA membersCIMA has overtaken ICAEW in Industry and Commerce, capturing 27% of the market growth of accountants in this sector in the last five years. 3. What is management accounting?Who in the business is qualified to make decisions like these?The price per song on iTunes What and when films are shown on Sky movies Why festival tickets work out more expensive for one day than for the whole weekend The prices for the 2012 London Olympic Games Why there are buy one get one free offers 4. Types of roles CIMA people work inInformation management rolesBusiness Analysis Manager Head of Programme Management Director of Information TechnologyFinance rolesCommercial rolesFinance DirectorCommercial DirectorFinance Business PartnerMarketing ManagerManagement AccountantManagement ConsultantExecutive rolesOperations rolesChief ExecutiveHuman Resources ManagerManaging DirectorProject ManagerChief Financial OfficerOperations DirectorRole Assistant Financial Analyst, SkyPeople assume accountancy is boring; my role is anything but boring! 5. The range of companies we work withProfessional services and consultingRetailFinancial servicesMedia and publishingPublic sector and not-for-profitTelecomms and ITFMCGTransport, travel and leisureEngineering and manufacturing 6. Where can CIMA take me? 7. CIMA Certificate in Business AccountingC01 Fundamentals of Management AccountingBasic costing Budgets Accounting and cost systemsC02 Fundamentals of Financial AccountingRegulatory framework Preparing accounts Accounting systems and controlsC03 Fundamentals of Business MathematicsBasic maths Probability Financial maths ForecastingC04 Fundamentals of Business EconomicsEconomic environment Analysis for business decisions Market economy and role of governmentC05 Fundamentals of Ethics, Corporate Governance and Business LawElements of contract Company law Administration and finance Applying legal knowledge 8. Syllabus diagramEnterprise pillar How do we develop strategy and plan for its effective implementation?Performance pillar How do we ensure that our strategy is realistic and that we are implementing it effectively?Financial pillar How do we prepare and interpret financial statements to show how well we are doing and to help us make decisions? 9. CIMA Global Business Challenge 2014www.cimaglobal.com/gbc Sponsored by 10. GBC OverviewOnce in a lifetime opportunity International business competition for undergraduates compete against 23 other countries worldwideThree great reasons to enter: 1. Win an all expenses paid trip to the global final in India, and other great prizes 2. Meet top graduate employers 3. A great addition to your CVSponsored by 11. How it worksThe GBC 2014 competition is run in three stages. Stage one case study analysis You will be required to demonstrate your understanding of a case study by analysing it using the given scenario and submitting a 3,000 word reportStage two synopsis and presentation (UK final) Four teams will be shortlisted to present their report to a panel of judges.Stage three presentation (global final) The winning UK team will represent their university and the UK at the global final.Sponsored by 12. Companies that attended the GBC in 2013 13. Key DatesTeam registration deadline 7th March 2014 Report submission 31st March 2014 Announcement of finalists 9th May 2014 UK final 13th June 2014 Global Final in India 9th August www.cimaglobal.com/gbc Sponsored by 14. Becoming a CIMA memberCIMA student to member at a glance: Three years work based practical experienceCan be gained before registering as a CIMA studentDemonstrate highest standard of conduct and integrityCan be gained through more than one employerPreparing and maintaining accounting recordsPreparation of management accountsStatutory and regulatory reportingManagement reporting for decision makingIT desktop skills Systems and procedure developmentPlanning, budgeting and forecasting Product and service costing Information managementFinancial strategy Corporate finance Treasury management TaxationProject appraisalBusiness evaluation and appraisalProject managementBusiness strategyWorking capital contentExternal relationshipsRisk management and business assurance 15. Keep Me In The LoopTitle Titlewww.facebook.com/cimauk Role Finance Analyst, British AirwaysRegister to become a CIMA student today: T. +44(0)20 8849 2251 E. [email protected] www.cimaglobal.com/meI chose to study CIMA as it is a dynamic, forward-thinking and commercially-focused qualification that provides the skills and knowledge required to meet the requirements of modern business.