Skip to main content

Successful Management Accountants

I have been sending invites through to connect the people I know and people through from I would like to you. Some of the subscribers of Management Accountant Blog must have already received invitations to connect to my profile.

One of the profile I came across is Usha Murali and impressed by the introduction on her profile.

", FICWA, CS with around 10 years experience in Cost and Management accounting. Presently working in the shared service centre of a multinational bank spearheading their Activity Based costing initiatives. Am interested in exchanging info and views on ABC,developing models in SAS etc"
The profile looks very impressive for anyone to connect. I read her views on cma_india yahoogroups about how she got a job offer for the position not open for ICWAI members. Her email below:

"Recently I was chased by a headhunter to attend an interview in an IT company for the post of "Sr manager-costing and MIS" but in the job profile given to me , they had mentioned "BE& MBA" with 8-10 years experience in costing/mis/pricing/lob wise profitability analysis/activity based costing etc..

I was initially not comfortable attending this interview as they had not asked for ICWAs.But the company called me up after going through my profile.I did the interview very well and I also got an offer (though I rejected it due to timing constraint being US company and also I got a better offer from a mnc bank which I will be joining in the new year).

Apart from domain knowledge, what they look for in a candidate is soft skills like good communication skills, negotiating skills, leadership skills and team spirit. In this competitive world, I think all these qualities help in contributing productively to the company and the profession at large. Hence I feel ICWAI should give lot of importance in developing these skills in the students. We "management accountants" as a group should take pride of being a member of ICWAI and help the profession to get the recognition it duly deserves by contributing to the growth of the company where we work."
The role model for students who are pursing a qualification or junior members of profession are those who have reached the top of the corporate ladder or profession. You will find CIMA and ACCA publish articles in their magazine about their successful members and interviews how they managed to read the top. I feel, ICWAI journal - Management Accountant should take a cue from it and publish the profile of successful members, interview and views in the journal. For e.g. D K Sarraf , Director Finance, ONGC.

What about you ?
  • Linkedin: You should start building your professional network on of people who you know and worked with them. Linkedin had impressive profiles of Management Accountants. Do not accept invitation from people you do not know as it may comprise your network.
  • Spock: Start building your network on . This may be people who do not know them but you know they have got good credentials to be associated in your network. Spock validates the results about you on the internet and your network validates the results about you. I find people are shy to put their photo !!! Unless the network feels about you how they are going to get interested to connect. The objective of building and promoting yourself on spock is promoting yourself as a "Professional". (Atleast you will never be out of any work at any time in life).
I gave a feedback to Spock, how will people be interested in their website. There should be some tangible benefits for the user. Here is something the website

What is my Search Network?

Your Search Network is defined as the group of people that are most relevant to you when searching. Members of your network do not have to be members of Spock; the only requirement for inclusion in your network is that Spock has a search result for them from the internet.

Your Search Network includes:

Trusted Contacts
Users that you establish a Trust Relationship with on Spock
Second Degree Trusted Contacts
Users that have established a Trust relationship with your Trusted Contacts
Saved Search Results
People you have bookmarked through searching your address book, saving a search result on the site, or adding to your related people.

Your Search Network allows you to quickly aggregate all of the people in your life in one place so you can easily find information about them. You can search for people who are within two degrees of you, discover people that share mutual interests, activities, or professions, and make meaningful connections.

So start building your connections. So when you find a successful ICWAI on spock, please let me know the profile on spock. I will show it on the MA blog.

Share your comments on the blog post and I will happy to respond.

Did you like the post ?
Subscribe to Management Accountant by Email


Santosh Puthran
Management Accountant Blog

You may also like to read


Popular posts from this blog

Poll : Does CIMA, UK qualification add value

Poll : Does pursuing CIMA, UK qualification add value to a member of ICWAI, India ? Vote on the poll and share your thoughts by commenting the blog. Poll: Vote here I feel that if you are a member of ICWAI and you pursue CIMA, UK qualification, you are not adding any value to your skills since you will be learning the same. Once you are qualified, you are still a Cost & Management Accountant but from UK. For an employer, I would still have same skills and training on Management Accounting. However if you pursue qualification like Company Secretary or CPA or ACCA , your skills are enhanced with the knowledge gained during training and passing of exams. After qualification, you are bound to follow the CPD programs of ICWAI and other institute. In competitive world, employer look for people with multiple skills. Which one promotes you as professional better against your name: AICWA, ACMA or AICWA, ACS or AICWA, CPA or AICWA, ACCA Widgets Regards, Santosh

Learning Curve Theory

Learning Curve Theory is concerned with the idea that when a new job, process or activity commences for the first time it is likely that the workforce involved will not achieve maximum efficiency immediately. Repetition of the task is likely to make the people more confident and knowledgeable and will eventually result in a more efficient and rapid operation. Eventually the learning process will stop after continually repeating the job. As a consequence the time to complete a task will initially decline and then stabilise once efficient working is achieved. The cumulative average time per unit is assumed to decrease by a constant percentage every time that output doubles. Cumulative average time refers to the average time per unit for all units produced so far, from and including the first one made. Major areas within management accounting where learning curve theory is likely to have consequences and suggest potential limitations of this theory. Areas of consequence: A Standard

Resistence to Change - Approaches of Kotter and Schlesinger

The Six (6) Change Approaches of Kotter and Schlesinger is a model to prevent, decrease or minimize resistance to change in organizations. According to Kotter and Schlesinger (1979), there are four reasons that certain people are resisting change : Parochial self-interest (some people are concerned with the implication of the change for themselves ad how it may effect their own interests, rather than considering the effects for the success of the business) Misunderstanding (communication problems; inadequate information) Low tolerance to change (certain people are very keen on security and stability in their work) Different assessments of the situation (some employees may disagree on the reasons for the change and on the advantages and disadvantages of the change process) Kotter and Schlesinger set out the following six (6) change approaches to deal with this resistance to cha