What does a Fund Accountant do?

Fund accountants are primarily responsible for the aspects of day-to-day accounting for their assigned mutual or institutional funds. They prepare timely and accurate fund accounting output, including net asset values, yields, distributions for subsequent review, and accounting for investment portfolios including securities, real estate, or commodities. They calculate and report net asset values per unit and compile standard weekly and monthly financial statements and income expense accruals.

Fund accountants conduct daily analysis of various financial metrics to help firms set a price or value of their funds. They also calculate and report income, expense, and item-specific accrual statements including a dividend or interest income worksheet and other schedules including a T-bill. They monitor and record security transactions including trade, interest payment, maturity and corporate actions. They report findings promptly to clients and ensure their findings adhere to laws, compliance, and protocol. Fund accountants need a minimum bachelor’s degree in accounting, finance, or related fields.

Work/Life Balance
3.2 ★
Salary Range--
Career Opportunity
3.3 ★
Avg. Experience2-4 years

Fund Accountant Salaries

Average Base Pay

€31,273 /yr
Same as national average
Not including cash compensation
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Median: €31K
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Glassdoor Estimated Salary

Fund Accountant Career Path

Learn how to become a Fund Accountant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Fund Accountant Insights

Read what Fund Accountant professionals have to say about their job experiences and view top companies for this career.
BNP ParibasBNP Paribas
Hedge Fund Accountant
4 Jun 2021

“Good lifts and ambience is nice”

Fund Accountant
8 Oct 2019

“Very disorganise... on my first day I was told that I have to take full responsibility of my deliverables but they don't provide any training.”

Fund Accountant Manager
2 Aug 2021

“You get to learn and do a lot but I terms of benefits don't expect much.”

Northern TrustNorthern Trust
Fund Accountant Team Lead
16 May 2021

“best to expect nothing when it comes to yearly salary review even with exceptional performance rating”

Senior Fund Accountant
12 Mar 2021

“Reward your hard work and personal development with financial incentives and wider career opportunities”

Cerebral (CA)Cerebral (CA)
Fund Raiser
3 Oct 2021

“Good team work and organisation”

Apex GroupApex Group
Senior Fund Accountant
29 Apr 2020

“great to promote and give out nice titles as apparent career progression.”

Fund Accountant
19 Sep 2020

“There's a separate training department that's supposed to teach you everything because your own manager will not.”

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Fund Accountant Interviews

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