Certifications Add Value to the Job Search

Job-Seekers See Benefit for Accounting and Finance Posts

by Jeffrey C. Thomson, Institute of Management Accountants

With the expense and lengthy time commitment of earning an M.B.A., more professionals are seeing the value of a certification as a cost-effective way to improve their compensation and their job security. More corporate leaders are also seeing the value in hiring properly qualified employees, including finance and accounting professionals who are essential to every company, large or small.

Today's lack of professionals with appropriate training and certification, particularly accountants who have roles inside organizations, has created a talent shortage resulting in uncertainty, inaccurate financial filings, and ultimately, potential dishonesty to cover up mistakes. As the world of accounting evolves, professionals need to be well-equipped and prepared to take on these changes and challenges, while practicing their profession in an ethical manner.

Boost in Financial Rewards

A professional certification in accounting demonstrates an educated individual who knows the industry and makes honest, ethical decisions and continuously maintains his or her knowledge through relevant development and coursework. A professional certification in any industry, however, can enhance a resume and provide the extra education that impresses hiring managers.

Earning a professional certification is also a great way to reap financial rewards. In fact, according to the Institute of Management Accountants (IMA) 19th Annual Salary Survey, respondents who earned the Certified Management Accountant (CMA) earned an average of 25 percent more than accountants without certification. Further, accountants with both the CMA and Certified Public Accountant (CPA) designations earned an average of 32 percent more than their non-certified colleagues.

Foundation for Long-Term Success

The results overall are a testament to the tremendous value certification adds to jobs, salaries, and ultimately an organization for which professionals work. The CMA, for example, is also a globally recognized credential for management accountants across all industries -- a great tool to have in today's increasingly complex international business climate.

There are many ways to stay ahead of the competition when seeking a job and preparing for a solid future and lifelong career. Earning appropriate certification in any industry can help improve one's on-the-job performance, while enhancing self-confidence, sense of accomplishment, and a polished resume, not to mention greater earnings. Accounting and finance job seekers should acquire the skills and mindset needed to ensure the success of their business, personal goals, growth and integrity by obtaining certification in their chosen field.

Jeffrey C. Thomson is President and CEO of the Institute of Management Accountants (www.imanet.org), the world's leading organization dedicated to advancing the management accounting profession.

Job Info , Jobs Sources , Career Opportunity