How To Become A Mutual Fund Accountant: What It Is and Career Path

What is a mutual fund accountant and how to become one

Updated January 8, 2025

3 min read

The average mutual fund accountant salary is $51,349. The most common degree is a bachelor's degree degree with an accounting major. It usually takes 2-4 years of experience to become a mutual fund accountant. Mutual fund accountants with a Certified Public Accountant (CPA) certification earn more money. Between 2018 and 2028, the career is expected to grow 6% and produce 81,800 job opportunities across the U.S.

ScoreMutual Fund AccountantUS Average

Salary

4.0

Avg. Salary $51,349

Avg. Salary $59,228

Stability level

5.4

Growth rate 6%

Growth rate 0.3%

Diversity

6.3

Race

American Indian and Alaska Native 0.45%

Asian 14.72%

Black or African American 8.29%

Hispanic or Latino 10.61%

Unknown 3.94%

White 61.98%

Gender

female 34.75%

male 65.25%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress level

5.4

Stress level is manageable

7.1 - high

Complexity level

8.3

Complexity level is challenging

7 - challenging

Work life balance

6.7

Work life balance is good

6.4 - fair

Key steps to become a mutual fund accountant

Explore mutual fund accountant education requirements

Most common mutual fund accountant degrees

Bachelor's

89.3 %

Master's

5.9 %

Associate

4.0 %

Start to develop specific mutual fund accountant skills

Skills	Percentages
Mutual Funds	9.29%
Reconciliations	9.01%
Calculation	6.28%
Securities	6.02%
Corporate Actions	5.90%

Complete relevant mutual fund accountant training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New mutual fund accountants learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a mutual fund accountant based on U.S. Bureau of Labor Statistics data and data from real mutual fund accountant resumes.

Research mutual fund accountant duties and responsibilities

Manage accoutningtransition from Quickbooks to Yardi.
Record accounting records including securities positions, corporate actions and journal entries accurately and in accordance with departmental policies and procedures.
Work with external auditors to ensure compliance to GAAP.
Determine dividend and distribution rates while accurately recording timing of income and expense accruals.

Prepare your mutual fund accountant resume

When your background is strong enough, you can start writing your mutual fund accountant resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a mutual fund accountant resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable mutual fund accountant resume templates

Build a professional mutual fund accountant resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your mutual fund accountant resume.