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Certified Management Accountant salary in Canada

Average Yearly Salary of Certified Management Accountant in Canada is approximately 69,332 CAD (69,300 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Certified Management Accountant do?

occupation personasA Certified Management Accountant (CMA) is a professional designation that signifies expertise in management accounting and financial management. CMAs play a crucial role in organizations by providing strategic financial analysis, planning, and decision-making support. They are responsible for analyzing financial data, preparing budgets, forecasting future trends, and identifying areas for cost reduction and efficiency improvement. CMAs also contribute to the development of performance measurement systems, risk management strategies, and internal control mechanisms.

Skills: Certified Management Accountant, Financial Management, Strategic Analysis, Budgeting, Forecasting, Cost Reduction, Performance Measurement
Job industry: Accounting


How much does Certified Management Accountant make?

Salary details
How much does Certified Management Accountant make?
Estimated Yearly Salary: 69,332 CAD
Estimated Monthly Salary: 5,778 CAD
Estimated Weekly Salary: 1,333 CAD per week
Estimated Hourly Salary: 33 CAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 66,963 CAD
Estimated Monthly Salary: 5,580 CAD
Estimated Weekly Salary: 1,288 CAD per week
Estimated Hourly Salary: 32 CAD per hour
Last revision of data: 2024-01-02



Certified Management Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 69,300 USD
Estimated Monthly Salary: 5,775 USD
Estimated Weekly Salary: 1,333 USD per week
Estimated Hourly Salary: 33 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Canada is a vast country located in North America. It has a population of approximately 38 million people, making it the second-largest country by land area and the tenth-largest by population. With a total area of about 9.98 million square kilometers, Canada is known for its breathtaking landscapes, including mountains, forests, lakes, and coastlines.

Estimated national average yearly salary is 70,966 CAD (52,960 USD). Value indicated is pre-tax. Below graph shows estimated Certified Management Accountant job salary compared to average salary in Canada.
Comparison shows that a person working as Certified Management Accountant in Canada earns on average:
0.98 times the average salary (or 98% of average salary).

Is Certified Management Accountant a well paid job?

Yes, our data show that Certified Management Accountant is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Certified Management Accountant?

High salary for Certified Management Accountant would be somewhere between 76,265 CAD and 100,531 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Certified Management Accountant in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 69,332 CAD
Estimated Monthly Salary: 5,778 CAD
Estimated Weekly Salary: 1,333 CAD per week
Estimated Hourly Salary: 33 CAD per hour
By working as Certified Management Accountant a person can save up to 3,657 USD per month or 43,879 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Certified Management Accountant

United States Of America is 74,523 USDup arrow 8%
Details on Certified Management Accountant salary in United States Of America
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Canada

(552,602 CAD per year, pre-tax.)
(460,219 CAD per year, pre-tax.)
(446,188 CAD per year, pre-tax.)
(430,825 CAD per year, pre-tax.)
(430,370 CAD per year, pre-tax.)
(421,037 CAD per year, pre-tax.)
(420,203 CAD per year, pre-tax.)
(419,967 CAD per year, pre-tax.)
(419,948 CAD per year, pre-tax.)
(419,552 CAD per year, pre-tax.)

Data as of 2025

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