A management accountant studies the financial data of an organization. Their job entails developing more effective financial strategies to aid in business planning and budget creation decisions. The main duties of this role involve examining data, preparing internal reports, resolving issues, and potentially handling taxes for the company. A management accountant needs a bachelor’s degree, typically in accounting or finance, but some employers prefer a master’s degree. Most start out in a staff accountant, tax accountant, or similar position before moving up into a management accountant role.