04 June 2014
Baker Tilly International member firm, Mountjoy Chilton Medley LLP (MCM), was recently named among the 2014 Best Public Accounting Firms for Leadership Equity by the American Society of Women Accountants and the American Woman's Society of Certified Public Accountants. The 2014 Accounting MOVE Project measures the number of women in leadership roles among CPA firms with at least 40 employees. At MCM, 38% of partner and principal positions are held by women, roughly double the 19% average of all firms that participated in the study.
“At MCM, we believe that leaders inspire, and this is especially embodied by the women in our firm” says managing partner Diane Medley, the only female managing partner of one of Accounting Today’s Top 100 Accounting Firms. “We nurture a culture at MCM that both encourages and supports the unique career paths that women often take to the top of the ladder, and we’re proud of what they do both here and in our communities.”
According to the study, which can be read in its entirety here, women traditionally comprise 51% of firm employees; 44% of senior managers; but have plateaued at an average of 19% of firm partners and principals. Targeted, focused women’s initiatives make a measurable difference and have done so especially at MCM, where 38% of partners and principals are women.
These initiatives include the firm’s Women’s Inspirational Network (WIN), conceived to empower MCM women to achieve their highest personal and professional potential through policies, programming and benefit offerings. Across all levels, MCM boasts nearly 50% gender equality and this has been accomplished by providing opportunities and alternatives for everyone at MCM, including mentoring relationships and educational events that champion women to become leaders in the pipeline and firm development processes. At the most recent WIN meeting, Medley spoke to a group of women about the uniquely formed career path that allowed her to arrive at her current position—a path filled with the types of challenges and opportunities regularly encountered by women in today’s workplace.
“Developing better work environments for women begins with increasing the number of women in decision-making roles,” says Medley. “At MCM, we intend to continue our forward momentum and develop leaders both for ourselves and for the greater communities we serve.”