Careers in Accounting & Finance: Mehmud Karmali

Mehmud Karmali


Age: 35
Career:

Title of occupation: Director of Health Services
Company Name: Positioned at the Royal Columbian Hospital, but an employee of Fraser Health Authority
Years at position: Since June 20, 2005, after I finished my Executive CMA program
Average work week: Full time
Salary range: $90,000 to $110,000
Salary potential: It’s not so much about the salary, what is more important is your leadership potential and establishing a position where it’s a spring board for a promotion. For example, moving from a director position to an administrator role where I’m responsible for the entire site.

Description of job: The core of my work relates to health care and clinical service areas. The financial aspect of the job is budgeting, financial analysis. The operational aspect is about ensuring that the core service is being provided.
Best part of job: It is enjoyable most days but very challenging. Anytime you are working in a corporate role, the core of the role is to lead people and build relationships. I really enjoy the people that I work with. If you can’t work well with the people around you, you will virtually always fail - it makes all the difference in the world. Another benefit is when I know that my management team is successful, patients will always benefit, they will receive better care.
Other possible career choices: Financial planning, Business support

 

Education:
Degree(s): Master of Health Services at Dalhousie University, BA at SFU, CMA certification (two-year executive stream)
The typical route of a CMA can be up to 6 years
Advice: Make sure that the stream you choose is one that supports your learning needs. People look at CMA as accounting designations. But it’s unique. People must understand that it deals with much more than accounting. So be prepared to look at things from a strategic, more broader business perspective. It’s not just about numbers, but how you can use numbers to work for you to create value.


Lifestyle
Favourite recreational activity: Dance salsa, run, and watch films
Upcoming vacation plans: None planned yet, but I would love to go back to East Africa to visit family. I haven’t been there for 10 years.
In five years: I see myself enjoying a much more balanced life where I can merge my career and family time so that it’s sustainable rather than segmented.
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