1. University of Pennsylvania
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
Just like this name stipulates, a Fund Accountant is responsible for providing accounting for an investment portfolio. Some of these investments include securities, real estate in an investment fund, e.g., mutual fund or hedge fund. Fund accountant is tasked with the responsibility of preparing timely values, accurate, and fund accounting output. We all know that accounting requires strong attention, so extreme focus is needed. But for this particular job, you need more than just strong attention.
Some of the skills needed for this include analytical skills, which are needed in conducting cash flow analysis, ability to reconcile assets/cash balances, ability to review transactions for accuracy, knowledge of investment products and trading of financial instruments, strong understanding of legislative policy and regulations in the financial sector.
Indeed, you need some academic qualifications to fit into this job. First, you have to understand that because accounting is a very caring profession, you need more than just bachelor's and master's degrees to scale through. Nevertheless, you still need a Bachelor's or Master's degree in Accounting, Economics, or Finance. But then, you will also be needing a certified public accountant (CPA), ACCA, CIMA, or ACA certificate to give you an edge. As for the salary of a Fund Accountant, it ranges from $45,000 and $62,000 per annum, depending on their experience.
