How to hire a fund accountant

How to hire a fund accountant, step by step

Here's a step-by-step fund accountant hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a fund accountant job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new fund accountant
• Step 8: Go through the hiring process checklist

What does a fund accountant do?

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1. Identify your hiring needs

   First, determine the employments status of the fund accountant you need to hire. Certain fund accountant roles might require a full-time employee, whereas others can be done by part-time workers or contractors.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A fund accountant's background is also an important factor in determining whether they'll be a good fit for the position. For example, fund accountants from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   This list shows salaries for various types of fund accountants.

   Type of Fund Accountant	Description	Hourly rate
   Fund Accountant	Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time... Show more	$21-38
   Accounting Analyst	An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables... Show more	$20-37
   Accountant Internship	An accounting intern is responsible for assisting an organization's accounting department, observing practical applications and processes, and performing accounting duties under the supervision of tenured accounting staff. Accounting interns support the accounting operations by preparing and organizing financial reports, helping with accounts reconciliation, researching financial and stock market trends, utilizing various accounting software, and managing feedback from their mentors... Show more	$11-21

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Reconciliations
   • Calculation
   • Securities
   • GAAP
   • Accruals
   • Journal Entries
   • Financial Statements
   • Excellent Interpersonal
   • General Ledger
   • External Auditors
   • Account Balances
   • Hedge Funds
   • Capital Calls
   • Corporate Actions

   Check all skills

   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.

   More fund accountant duties

3. Make a budget

   Including a salary range in your fund accountant job description is one of the best ways to attract top talent. A fund accountant can vary based on:

   • Location. For example, fund accountants' average salary in north dakota is 42% less than in new york.
   • Seniority. Entry-level fund accountants 45% less than senior-level fund accountants.
   • Certifications. A fund accountant with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a fund accountant's salary.

   Average fund accountant salary

   $60,203yearly

   $28.94 hourly rate

   ---

   Entry-level fund accountant salary

   $44,000 yearly salary

   Updated December 18, 2025

   Average fund accountant salary by state

   Rank	State	Avg. salary	Hourly rate
   1	New York	$75,053	$36
   2	District of Columbia	$73,989	$36
   3	California	$71,842	$35
   4	New Jersey	$71,696	$34
   5	Connecticut	$65,378	$31
   6	Delaware	$59,738	$29
   7	Florida	$57,192	$28
   8	Massachusetts	$56,528	$27
   9	Arizona	$56,490	$27
   10	Utah	$55,635	$27
   11	Washington	$55,347	$27
   12	Colorado	$55,330	$27
   13	Wisconsin	$55,202	$27
   14	Texas	$54,558	$26
   15	Georgia	$53,117	$26
   16	North Carolina	$51,183	$25
   17	Minnesota	$51,076	$25
   18	Illinois	$50,263	$24
   19	Ohio	$47,648	$23
   20	Indiana	$45,856	$22

   Average fund accountant salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Warburg Pincus	$106,787	$51.34
   2	King Street Capital Management	$105,682	$50.81
   3	Oak Hill Advisors	$104,847	$50.41
   4	Pacific Investment Management Company LLC	$97,297	$46.78	3
   5	Francisco Partners	$90,742	$43.63
   6	Invesco	$90,274	$43.40	1
   7	Viking Global Investors	$88,548	$42.57
   8	Calamos Investments	$87,004	$41.83
   9	BNP Paribas	$86,471	$41.57
   10	Wilshire Associates	$85,162	$40.94
   11	H.I.G. Capital	$84,985	$40.86	2
   12	Credit Suisse	$84,519	$40.63
   13	Neuberger Berman	$83,951	$40.36
   14	Magnetar Capital	$83,645	$40.21
   15	Angelo Gordon	$82,912	$39.86
   16	UBS	$82,707	$39.76
   17	Citi	$82,450	$39.64
   18	EquityZen	$81,658	$39.26
   19	Cowen	$81,283	$39.08
   20	RGP	$79,621	$38.28	11

4. Writing a fund accountant job description

   A job description for a fund accountant role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a fund accountant job description:

   Fund accountant job description example

   Salary: From $34.70/hr.

   Job Description:

   A leading financial services company is seeking an Advanced Accountant with at least 3-4 years of experience to join their team in Boston. This role will task candidates with converting outside clients onto company platforms, as well as designing/implementing processes and controls in support of all daily production requirements. Additionally, the role will entail

   • Converting fund assets and books of record from various service providers
   • Identifying, researching, and resolving discrepancies of converted funds books and records to the client and various service providers
   • Reconciling cash and asset variances between the core systems, the accounting system and to the external third party reports a daily basis and resolving discrepancies
   • Rendering accurate and timely reconciliation of accounting statements

   Benefits of this Role:

   • Fully Remote with the ability to come into the Boston office
   • Relaxed and fun environment - open office, lounge areas, ping pong table, on-site cafeteria, and more!
   • Leadership team encourages self-development, open feedback and communication, diversity, and curiosity
   • Fantastic growth opportunities

   Preferred Skills & Qualifications:

   Fund Accounting Mutual Fund Hedge Fund Conversions

   About Aston Carter:

   Please Note: Scammers are posing as Aston Carter. We'll never contact you via Gmail, Telegram, or WhatsApp and we'll never solicit money from you.

   At Aston Carter, we're dedicated to expanding career opportunities for the skilled professionals who power our business. Our success is driven by the talented, motivated people who join our team across a range of positions - from recruiting, sales and delivery to corporate roles. As part of our team, employees have the opportunity for long-term career success, where hard work is rewarded and the potential for growth is limitless.

   Established in 1997, Aston Carter is a leading staffing and consulting firm, providing high-caliber talent and premium services to more than 7,000 companies across North America. Spanning four continents and more than 200 offices, we extend our clients' capabilities by seeking solvers and delivering solutions to address today's workforce challenges. For organizations looking for innovative solutions shaped by critical-thinking professionals, visit . Aston Carter is a company within Allegis Group, a global leader in talent solutions.

   The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

   If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please call or email for other accommodation options. However, if you have questions about this position, please contact the Recruiter located at the bottom of the job posting. The Recruiter is the sole point of contact for questions about this position.

   Copy this example

   

5. Post your job

   To find the right fund accountant for your business, consider trying out a few different recruiting strategies:

   • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
   • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with fund accountants they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit fund accountants who meet your education requirements.
   • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.

   To find fund accountant candidates, you can consider the following options:

   • Post your job opening on Zippia or other job search websites.
   • Use niche websites that focus on engineering and technology jobs, such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post your job on free job posting websites.

6. Interview candidates

   During your first interview to recruit fund accountants, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new fund accountant

   Once you've found the fund accountant candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

   It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

   Once that's done, you can draft an onboarding schedule for the new fund accountant. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire a fund accountant?