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Finance director certifications allow job seekers to demonstrate their competency as an finance director to employers. However, not all finance director certifications provide the same value for job seekers.
The best certifications for a finance director are Certified Management Accountant (CMA), Chartered Global Management Accountant (CGMA), and Certified Resume Specialist: Accounting and Finance (CRS+AF).
Below is a list of the best finance director certifications. Obtaining an finance director certification will give you a leg up when you apply for jobs and increase your potential salary.
| Rank | Finance director certification | Organization |
|---|---|---|
| 1 | Certified Management Accountant (CMA) | IMA |
| 2 | Chartered Global Management Accountant (CGMA) | CGMA |
| 3 | Certified Resume Specialist: Accounting and Finance (CRS+AF) | CDI |
| 4 | Chartered Certified Accountant (ACCA) | Association o... |
| 5 | Chartered Financial Analyst (CFA) | CFA |
| 6 | International Accredited Business Accountant (IABA) | ACAT |
| 7 | Certified in Financial Management | IMA |
| 8 | Sales Management | SIOR |
| 9 | Project Management Professional (PMP) | PMI |
| 10 | Certified Manager Certification (CM) | ICPM |
| 11 | Associate in Insurance Accounting and Finance (AIAF) | The Institute... |
| 12 | Certified Sales Professional (CSP) | MRERF |
| 13 | Certified Information Systems Auditor (CISA) | ISACA |
| 14 | Certified Food Manager (CFM) | IFSEA, MCFE |
| 15 | Certified Information Technology Professional (CITP) | AICPA |
| 16 | Certified Financial Planner (CFP) | CFP |
| 17 | Certified Management Executive (CME) | NAHRO |
| 18 | Certified Financial Planner (CFP) | ABTrainingCen... |
| 19 | Certified Forensic Accountant (CrFA) | ACFEI, Cr.FA |
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
The CGMA letters are worth having after your name. They stand for Chartered Global Management Accountant and they show employers that you mean business. The CGMA designation is the most widely held management accounting designation in the world. It boldly announces your commercial skills, strategic vision and transformational mindset. Employers, colleagues and stakeholders alike will recognize that you’ve got entrepreneurial and leadership acumen. That you’re in a pivotal position to analyze information, advise strategy and drive business success. And they’ll know all this just by looking at those four letters after your name.
The CDI Certified Industry Resume Specialist allows you to gain certification in your chosen industry.
ACCA (the Association of Chartered Certified Accountants) is a global body for professional accountants with 219,000 members and 517,000 students in 179 countries. It was granted a Royal Charter in 1974 which commits it to acting in and upholding the public interest. ACCA works through a network of 110 offices and centres and 7,571 Approved Employers worldwide, and 328 approved learning providers who provide high standards of learning and development. In addition to IFAC membership, ACCA is represented on key regional forums including the ASEAN Federation of Accountants (AFA), the Confederation of Asian and Pacific Accountants (CAPA), Accountancy Europe, the Institute of Chartered Accountants of the Caribbean (ICAC), the Pan African Federation of Accountants (PAFA), and is a member of CCAB in the UK and Ireland. It undertakes wide-ranging capacity building work globally and has an extensive network of partnerships with other professional accountancy organizations.
The CFA charter is recognized as the definitive standard by which to measure the competence, integrity, and dedication of serious investment professionals.
ACAT seeks to ensure that all accredited individuals possess both the theoretical knowledge and the practical knowledge necessary to be successful practitioners. For that reason, candidates for accreditation must satisfy an experience requirement before becoming fully credentialed: three years of related work experience, up to two of which may be satisfied through college credit. Related work experience includes verifiable experience in accounting, financial services, or other field requiring a practical and theoretical knowledge of the subject matter covered on the ACAT Comprehensive Examination for the International Accredited Business Accountant. Those who pass the exam but who have not met the experience requirement may market themselves as having passed the ACAT Comprehensive Examination for International Accredited Business Accountant, but are not entitled to use the IABA designation.
The SIOR designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history in brokerage, fee-based services, or executive management.
The PMP designation following your name tells current and potential employers that you have demonstrated a solid foundation of knowledge from which you can competently practice project management.To be eligible for a PMP Credential, you must first meet specific educational and project management experience requirements and agree to adhere to a code of professional conduct. The final step to becoming a PMP is passing a rigorous multiple-choice examination designed to objectively assess and measure your ability to apply project management knowledge in the following six domains: initiating the project, planning the project, executing the project, monitoring and controlling the project, closing the project, and professional and social responsibility. This computer-based examination is administered globally with translation aids in 10 languages.
The Certified Manager Animal Resources (CMAR) certification program is designed to raise competency and professionalism in the field of Animal Resources Management. The CMAR designation involves a series of four examinations: three exams arranged via an organization called the Institute for Certified Professional Managers (ICPM), and the Animal Resources Exam offered by AALAS. Obtaining the CMAR designation is a sign of professionalism in the field of animal resources management.
With the Institutes' Associate in Insurance Accounting and Finance designation program, you'll build a strong foundation of knowledge in practices, principles, and procedures used to prepare insurer financial statements to comply with the requirements of the NAIC and other regulatory bodies. You'll also gain an overall understanding of how to use the information contained in these statements for management or assessment of insurer performance.
The Certified Sales Professional (CSP) program gives a thorough understanding of consultative selling. From business creation to improved time and territory management; goal-setting to prospecting, and everything in between, attendees return to the territory with a renewed enthusiasm for selling.
The CISA designation is a globally recognized certification for IS audit control, assurance and security professionals. Being CISA-certified showcases your audit experience, skills and knowledge, and demonstrates you are capable to manage vulnerabilities, ensure compliance and institute controls within the enterprise.
These certifications test beyond culinary skills, but rather, focus on the skills needed for the food service professional seeking a management and executive career. These certifications test your knowledge from basic cooking to menu design, management, human resources, accounting and marketing.
A Certified Information Technology Professional (CITP) is a Certified Public Accountant recognized for his or her unique ability to provide business insight by leveraging knowledge of information relationships and supporting technologies.
The CFP certification process, administered by CFP Board, identifies to the public that those individuals in the U.S.who have been authorized to use the CFP certification mark have met rigorous professional standards and have agreed to adhere to the principles of integrity, objectivity, competence, fairness, confidentiality, professionalism and diligence when dealing with clients.
The Executive Management Certification is the highest level of educational achievement offered by the NAHRO Professional Development System (NPDS). The certification builds upon the Operations level certifications and requires candidates to have significant levels of housing experience.
The Certified Financial Planner designation covers investments, income taxation, insurance and financial planning, and retirement and estate planning.Individuals must complete the following required curriculum and pass the CFP exam to earn this designation.HS 300: Financial Planning HS 311: Fundamentals of Insurance Planning HS 321: Income Taxation HS 326: Planning for Retirement Needs HS 328: Investments HS 330: Fundamentals of Estate Planning
Forensic accountants are professionals who use a unique blend of education and experience to apply accounting, auditing, and investigative skills to uncover truth, form legal opinions, and assist in investigations. Forensic accountants may be involved in both litigation support (providing assistance on a given case, primarily related to the calculation or estimation of economic damages and related issues) and investigative accounting (looking into illegal activities).
The best finance director certification is Certified Management Accountant (CMA). The Certified Management Accountant (CMA) is awarded by the The Association of Accountants and Financial Professionals in Business. This certification is great to have as it shows an improvement in your competency to perform your role. You can earn this certification at the beginning of your career, as it often doesn't require a minimum education level and work experience.
Here's a bit more background on how to obtain this finance director certification:
The most in-demand finance director certification is Certified Management Accountant based on all active job postings. Having this finance director certification will give you access to more finance director jobs with higher salaries.
The Chartered Certified Accountant certification will help you to secure a chief finance officer position, which will increase your pay and career trajectory. A chief finance officer's average salary is $136,080 whereas finance directors make an average salary of $118,518.
The most common combination of finance director certifications include: Certified Management Accountant (CMA), Chartered Global Management Accountant (CGMA), and Certified Resume Specialist: Accounting and Finance (CRS+AF).
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