Kevin Vieneer, CMA Your Path to Unlimited Career Possibilities is the CMA® designation Learn about the CMA Advantage CMAs are big picture thinkers who do more than just measure value Who is a CMA? Certified Management Accountants™ (CMAs) are strategic and financial management professionals with a holistic business perspective combining accounting, management and strategy. CMAs are big picture thinkers who do more than just measure value, they create it. They take on today’s business challenges, applying creative ideas to position organizations for success. CMAs provide leadership, innovation and an integrating perspective to organizational decision-making in businesses of all sizes and in all industry sectors. 39% 13% 23% A CMA is your competitive advantage With unlimited advancement and earning potential, the CMA designation offers you limitless growth potential in your career. CMAs hold leadership positions, earn a highly competitive salary and have increasingly diverse careers, while working in the global marketplace. CMAs hold a range of positions, including senior financial executive roles such as Presidents, CEOs, CFOs, Directors, Controllers, Accountants and Partners. CMA Salary Survey Source: 2009 Salary Survey 23% $ 110,000 and up $ 90,000 to $109,999 $ 70,000 to $89,999 less than $70,000 Unlimited earning potential Along with these impressive advancement possibilities, the CMA designation offers you the opportunity to earn a highly competitive income. Four out of five CMAs earn over $70,000 and almost two out of three CMAs earn over $90,000. In a recent survey of CMAs, average cash earnings were $113,600 and top cash earnings were $2.4 million. Creating Unlimited Career Possibilities The CMA designation opens up limitless and exciting career possibilities CMAs see the big picture to analyze financial and non-financial information, to develop total business solutions and to maximize organizational value. The CMA designation opens up a broad range of career opportunities and exciting workplace challenges. As a CMA, you have diverse career options available to you, letting you develop your career as you choose. With positions across all business areas, CMAs work across a wide array of business functions, including accounting and finance, sales and marketing, operations, strategic planning and analysis, information technology and human resources. Strategic Planning Information & Analysis Technology Human Operations Resources Sales & Accounting Marketing & Finance As a CMA, you can work in the industry of your choice. CMAs work in virtually every industry sector, including emerging innovative industries such as green technologies. Manufacturing, Transportation, Construction Finance, Insurance, Real Estate Services 23% 18% Public Administration, Government Consulting Services Wholesale & Retail Communication, Entertainment Utilities & Natural Resources Education Engineering, Research & Development 17% 2% 4% 4% 4% 6% 8% 14% Take Those Possibilities Globally The CMA designation is your passport to career opportunities Unlimited international opportunities A CMA is your passport to careers around the world. The CMA’s professional competence is recognized and respected around the globe, opening up a world of opportunities to you. Many CMAs work at multi-national corporations with offices around the world, and are expanding their businesses, and career opportunities, into new international emerging markets. CMAs across the Globe North America Europe Canada, USA, Mexico, Bermuda, Costa Rica Russia, Sweden, Norway, Finland, Denmark, United Kingdom, Ireland, Germany, Luxembourg, Poland, France, Austria, Hungary, Spain, Greece, Belgium Latin America Peru, Brazil, Chile, The Caribbean CMAs are in demand CMAs are in demand with employers. The CMA designation ranked first when managers were asked what professional accounting designation they prefer for roles involving general management, strategic planning, performance management, or management accounting. Source: September 2008 RGB Global Management Consulting Study Middle East & Africa Morocco, Senegal, Liberia, South Africa, Tanzania, Burundi, Kenya, Saudi Arabia Asia Oceania Mongolia, China, Pakistan, India, Bangladesh, Japan, Thailand, North & South Korea, Philippines, Indonesia, Cambodia Australia, New Zealand Become a CMA Your first step to becoming a CMA is having your transcript evaluated at no charge. To submit yours, use the printable form at www.cmaontario.org/transcript For more information, visit becomeacma.com Diverse Skills for Diverse Career Possibilities Read on to learn about these successful CMAs in action Atul Mahajan, CMA President & CEO, Oshawa Power and Utilities Corporation Fuelling career success with green energy I started my career with Oshawa Power and Utilities Corporation (OPUC) as a CFO with an operational and strategic focus. My CMA designation advanced my career as it helped me hone my skills in identifying the key drivers of a business and making a positive impact on those drivers. With my ability to look past the numbers and develop an understanding of the key drivers for creating value at OPUC, I was able to make a difference and progress to the role of CEO. I am leading OPUC through a major strategic initiative to introduce a “corporate cultural change” and diversify the revenue mix while achieving productivity gains in all our business lines. We are positioning OPUC to take advantage of advancements in green energy technologies and to build a robust and “smart” electrical grid. We are expanding our distributed energy generation assets by utilizing renewable resources ‑ such as wind, solar, and biogas ‑ to pursue the expansion of our “clean and green energy” generation portfolio. Jeff Zajac, CMA Vanessa Magness, CMA President, Solus One Associate Professor, Ryerson University Answering the call of emerging markets “Green business” is good business When dealing in business internationally, you need to grasp and understand a number of different perspectives from all areas of business, not just accounting. That’s where my CMA comes in. It helps me see how everything fits together from marketing to HR, through logistics to the final sale, which is pivotal to closing a long-term international deal. The CMA designation creates the foundation for this holistic perspective, which I use every day to make my software company succeed in the international marketplace. For many years, the environmental movement was perceived as a threat to the business community, but I want to show the other side of the story – that environmental responsibility can actually increase profitability, and has increased it in the Canadian petroleum refinery business. The CMA is a flexible, value-adding designation, so it complements many industries and roles. It is a good fit whether you are already on a career path in the arts, tourism, engineering, environmental sciences or public administration because strategic management skills are invaluable in any sort of organization. My career is reflective of that diversity. Before teaching, I had ten years experience as an MIS analyst, an accountant and a consultant. Marilu Zanet, CMA Kevin Vieneer, CMA Performance Measurement Coordinator, Union Gas Financial Analyst III, TELUS CMA spells success in any language Flexible skills to fit every industry As an internationally trained professional, earning my CMA designation was my biggest career accomplishment here in Canada. I set my sights on this goal, and worked hard to achieve it. It took a lot of commitment and dedication, and it was definitely worth it. I am confident my CMA will continue to bring me excellent career opportunities. The CMA designation has opened so many doors and given me the tools to broaden my experience. My CMA has made it possible for me to move up the career ladder while working in a variety of industries over the course of my career, moving from insurance, to tech, and now to communications at TELUS. I use the skills I learned as a CMA in just about everything I do. In my spare time, I am a Commissioned Officer in the Canadian Forces Reserve, where I command an Air Cadet Squadron in one of Toronto’s at-risk neighbourhoods. I have applied the insights from the CMA designation to how my unit operates there in a number of ways, from strategic planning to increasing operational efficiency. Where can I get more information? For more information on the CMA accreditation program and enrollment fees, please visit becomeacma.com, call CMA OntarioTM at 416 204 3102, or toll-free at 1 866 999 3102, or email info@cmaontario.org Contact Us Certified Management Accountants of Ontario 25 York Street, Suite 1100, Toronto, Ontario M5J 2V5 Telephone: 416 204 3102 Toll free: 1 866 999 3102 Fax: 416 977 2128 Email: info@cmaontario.org Southwestern Ontario Greater Toronto Area - Workforce 1 877 318 2422 905 709 3652 Deborah Clarke, MBA, CMA Bryan Jacobs, CMA southwestern@cmaontario.org bjacobs@cmaontario.org Mid-Western Ontario & Niagara Greater Toronto Area - Post-Secondary 1 877 243 9556 416 482 5556 Jean A. MacKinnon, MBA, CMA Mira Sirotic, CMA midwestern@cmaontario.org gtawest@cmaontario.org Northern Ontario GTA East, York and Durham Regions 416 908 5727 905 604 3644 Matthew Martynuik, OCT, MBA Lori Dalton northern@cmaontario.org gtaeast@cmaontario.org Eastern Ontario 647 654 8186 613 898 0834 Alexandra Copleston Marcie Chase, CMA Marketing Information Officer – eastern@cmaontario.org Mid-Western Ontario and GTA acopleston@cmaontario.org Follow CMA on Twitter at becomeacma Join CMA Ontario on Facebook www.cmaontario.org/facebook © 2010 Certified Management Accountants of Ontario. All rights reserved. ®/™ Registered Trade-Marks/Trade-Marks are owned by The Society of Management Accountants of Canada. Used under license.