Job description

Fund Accountants are part or fully qualified accountants who manage the accounting requirements of investment funds.

Fund Accountants provide vital accounting and reporting services for companies managing large funds which must follow specific reporting rules and regulations as laid down by statutory bodies such as the Financial Services Authority.

Typical duties include:

• Net Asset Value (NAV) production.
• Financial reporting.
• Liaising with fund managers and deal teams.
• Producing investor reports.
• Management accounting.
• Statutory reporting.
• Financial analysis.

Qualifications

Fund Accountants are usually part or fully qualified with one of the major accounting bodies. Fund Accountants must also be able to demonstrate familiarity with financial markets and products.

Salary Snapshot

Recent salaries advertised on TopFinancialJobs (February 2010) include:

• £40-50,000 per annum for a qualified Fund Accountant working for a global asset management institution based in London.
• £40-45,000 per annum for a part qualified Fund Accountant working for a private equity firm in London.
• £45-55,000 for a qualified Private Client Fund Accountant working for a leading Asset Management company based in London.
• £60-70,000 for a qualified Senior Fund Accountant working for a private equity firm in London.

Are you a Fund Accountant? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.