Fund Accountant Salary (2024)

Salary for Fund Accountant

£41,000 -£50,500

25th Percentile

£41,000

Little or no prior experience in the position; still developing relevant skills.Demand: Low

50th Percentile

£46,500

Some prior experience in the position; has several relevant skills.Demand: Moderate

75th Percentile

£50,500

Extensive prior experience in the position; has mastered relevant skills.Demand: High

Projected salaries for related positionsPosition title25th Percentile50th Percentile75th PercentileChief Financial Officer - Financial Services£130,000£172,750£215,000Finance Director - Financial Services£92,000£108,750£131,500Financial Controller - Financial Services£74,500£86,000£95,500Finance Manager - Financial Services£53,000£59,500£68,000Tax Accountant - Financial Services£47,750£51,500£53,000Qualified Financial Accountant£46,000£49,500£55,000Part-Qualified Financial Accountant£31,250£34,250£39,750Financial Analyst - Financial Services£45,500£50,000£53,250Financial Planning & Analysis Manager - Financial Services£65,250£75,250£82,750Head of Regulatory Reporting£73,500£83,000£100,250Regulatory Accountant£48,000£57,000£65,750Finance Business Partner - Financial Services£49,750£55,500£66,500Qualified Management Accountant£45,000£49,500£55,000Part-Qualified Management Accountant£30,750£33,750£39,750Fund Controller£65,750£74,000£84,000Assistant Fund Accountant£30,500£34,000£37,000Internal Audit Manager - Financial Services£49,000£55,500£61,000Internal Auditor - Financial Services£28,750£35,750£49,250Treasury Manager - Financial Services£57,000£63,000£74,250Accounts Payable / Accounts Receivables Manager£37,000£41,000£45,500Accounts Payable / Accounts Receivables Clerk£24,750£27,000£29,500Graduate Accounts Assistant£24,250£26,500£28,750Entry Level Accounts Assistant (School Leaver)£21,500£22,500£23,750
Fund Accountant Salary (2024)

FAQs

Fund Accountant Salary? ›

Fund accountant salaries typically range between $44,000 and $80,000 yearly. The average hourly rate for fund accountants is $28.94 per hour.

Do fund accountants make a lot of money? ›

Base salaries for fund accountants typically range from $50,000 for entry-level roles up to $150,000+ for senior positions. Bonuses are common and can reach up to 20% of base pay. Total compensation with experience often exceeds $200,000.

Is it hard to get into fund accounting? ›

You may need a few years of accounting experience before you meet the qualifications for a fund accounting position. Look for internship opportunities and entry-level accounting jobs with financial companies, nonprofits, or government agencies.

Can CPAs make 7 figures? ›

Obtaining a Certified Public Accountant (CPA) license leads to much higher accounting salaries in California: CPAs earn 20-30% more on average. Senior CPAs make well over $100,000. High-level CPA executives see $150,000+ salaries.

Why should we hire you as a fund accountant? ›

As a Fund Accountant, you should focus on your knowledge and experience in financial reporting, fund accounting, auditing, and regulatory compliance. Mention your proficiency in accounting software and systems.

What is the richest type of accountant? ›

Top 15 Highest Paying Accounting Jobs (Inc Salaries)
  • Chartered Accountant. ...
  • Investment Consultant. ...
  • Portfolio Manager. ...
  • Forensic Accountant. ...
  • Financial Controller. ...
  • Financial Director. ...
  • Chief Financial Officer. ...
  • Vice President of Finance.

Can accountants make 500k? ›

Accountants can make $500k per year. If they develop the right skills. And it can be done without starting your own business (and taking all the risk that comes with it). It's not easy, but the key is to build high-leverage skills.

Does fund accounting have a future? ›

Whether you opt to work in the federal government or want to manage a hedge fund, fund accountants are in demand across the board. With enough experience, accountants can advance to supervisory or management roles. Experienced accountants may have the option, too, to open their accounting firm or consultancy.

What is the life of a fund accountant? ›

Fund Accountants examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

Is a fund accountant a good job? ›

Senior fund accountants with a few years of experience in the role can earn even higher. The growth in India is expected to be remarkable, making fund accounting a promising career option.

Are CPAs wealthy? ›

According to the Bureau of Labor Statistics, the median annual accountant's salary in the U.S. as of March 2024 (the most recent data available) was $78,000. The lowest 10% of accountants earned less than $44,480, and the highest 10% earned more than $124,450.

Can a CPA become a millionaire? ›

The answer is yes, but it depends on several factors, such as your education, experience, specialization, and personal choices. In this blog post, we will explore how accountants can become millionaires and what steps they need to take to achieve this goal.

Is the CPA Exam hard? ›

Very. The overall CPA Exam pass rates hover slightly below 50%. This makes passing the CPA Exam a difficult, but achievable, goal. You'll need to study wisely, set a strategy for managing your time, and call on your support network, but with the right plan and good study materials, you will conquer it.

How to crack a fund accounting interview? ›

  1. Q1. What you find interesting about state Street corporation? ...
  2. Q2. What is asset and liability? ...
  3. Q3. What do you know about management fees and performance fees? ...
  4. Q4. What is capstock? ...
  5. Q5. What is NAV calculation, how to calculate NAV? ...
  6. Q6. What are accounting rules? ...
  7. Q7. What is corporate action and it's various types. ...
  8. Q8.
May 2, 2024

Why do you want to work as a fund accountant? ›

The Fund Accounting role enables you to gain a solid grounding in accounting, the fund administration process, the various financial instruments and investment types but more importantly it equips you with an extremely transferable skill set which includes relationship management, business analysis, reporting and ...

What is the waterfall model in fund accounting? ›

Essentially, the total capital gains earned are distributed according to a cascading structure made up of sequential tiers, hence the reference to a waterfall. When one tier's allocation requirements are fully satisfied, the excess funds are then subject to the allocation requirements of the next tier, and so on.

What is the highest paying accounting field? ›

The top-paying industries for accountants include finance and insurance, management of companies and enterprises, tax preparation, and the government.

Is fund accounting a good role? ›

The success in this career path could be challenging due to the competitive nature of the profession and the high standards they are required to meet. The rewards in this role are quite high, making it a great career choice for those interested in finance and accounting.

How much do fund accountants make in the US? ›

Fund Accountant Salary
Annual SalaryMonthly Pay
Top Earners$116,000$9,666
75th Percentile$99,000$8,250
Average$86,141$7,178
25th Percentile$66,500$5,541

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