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Fiscal analyst vs fund accountant

The differences between fiscal analysts and fund accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a fiscal analyst and a fund accountant. Additionally, a fund accountant has an average salary of $60,203, which is higher than the $51,960 average annual salary of a fiscal analyst.

The top three skills for a fiscal analyst include payroll, financial data and management system. The most important skills for a fund accountant are reconciliations, calculation, and securities.

Fiscal analyst vs fund accountant overview

Fiscal AnalystFund Accountant
Yearly salary$51,960$60,203
Hourly rate$24.98$28.94
Growth rate6%6%
Number of jobs37,05335,702
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 84%
Average age4444
Years of experience44

What does a fiscal analyst do?

A fiscal analyst specializes in providing analytical services to help companies monitor and develop budgets and financial activities. Their responsibilities include gathering and analyzing financial data, conducting market research and analysis, arranging spreadsheets, updating databases, and producing regular budget reports and forecasts. To carry out their duties, they typically use special software and programs, coordinate with various departments, and have knowledge in court collections. Moreover, a fiscal analyst may assist staff, all while implementing the company's policies and regulations.

What does a fund accountant do?

A fund accountant provides accounting for an investment portfolio. The investments needed include commodities, securities, and/or real estate in an investment fund like a hedge fund or mutual fund. The role of fund accountants includes activity capturing and recording. Fund accountants prepare accurate and timely values, distributions, yields, and fund accounting output for review. They manage activities associated with fund accounting and domestic equity transactions. Also, they work alongside supervisors when it comes to budget development.

Fiscal analyst vs fund accountant salary

Fiscal analysts and fund accountants have different pay scales, as shown below.

Fiscal AnalystFund Accountant
Average salary$51,960$60,203
Salary rangeBetween $35,000 And $75,000Between $44,000 And $80,000
Highest paying CitySanta Rosa, CANew York, NY
Highest paying stateNew JerseyNew York
Best paying companyJacobs Engineering GroupWarburg Pincus
Best paying industryHealth CareFinance

Differences between fiscal analyst and fund accountant education

There are a few differences between a fiscal analyst and a fund accountant in terms of educational background:

Fiscal AnalystFund Accountant
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 84%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal analyst vs fund accountant demographics

Here are the differences between fiscal analysts' and fund accountants' demographics:

Fiscal AnalystFund Accountant
Average age4444
Gender ratioMale, 39.4% Female, 60.6%Male, 61.5% Female, 38.5%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5%Black or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.4% White, 59.7% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between fiscal analyst and fund accountant duties and responsibilities

Fiscal analyst example responsibilities.

  • Manage the UW system approvals such as eProcurement including pro-cards, CTA and ARIBA transactions.
  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Develop fiscal reports for initiatives for state legislature concerning the Medicare and Medicaid programs.
  • Maintain GAAP and SAAM through careful examination of request employee and vendor reimbursements.
  • Prepare periodic general ledger balance sheet account reconciliations, as well as adjusting entries relate to the reconciliations.
  • Implement in house databases in order to analyze Medicaid disbursements by region
  • Show more

Fund accountant example responsibilities.

  • Manage fund accounting activities for five funds for an investment manager with $80b in AUM.
  • Manage accoutningtransition from Quickbooks to Yardi.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Record efficiently accounting records, securities positions, corporate actions and journal entries accordance with department policies and procedures.
  • Process complex transactions for foreign and domestic bonds, equities, futures, and options.
  • Prepare annual and semi-annual financial statements using GAAP.
  • Show more

Fiscal analyst vs fund accountant skills

Common fiscal analyst skills
  • Payroll, 9%
  • Financial Data, 7%
  • Management System, 5%
  • GAAP, 5%
  • Financial Statements, 5%
  • Reconciliations, 5%
Common fund accountant skills
  • Reconciliations, 12%
  • Calculation, 5%
  • Securities, 5%
  • GAAP, 5%
  • Accruals, 5%
  • Journal Entries, 4%

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