Entry-Level Fund Accountant Salary

Entry-Level Fund Accountants can expect to earn an average of $45K annually. Cash earnings for Entry-Level Fund Accountants — including $10K in bonuses and $7K in profit sharing proceeds near the top of the pay scale — generally stretch from $36K to $69K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by the specific employer. For the most part, people in this position report moderate levels of job satisfaction. Male Entry-Level Fund Accountants who responded to the survey are more common than women; more than half (67 percent) are men. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$36,025 - $66,749
(Median)
$36K
$45K
$67K
MEDIAN: $44,774
10%
50%
90%

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$15.09 - $25.57
(Median)
$15
$18
$26
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$36,025 - $66,749  
   
Bonus
$0.00 - $10,054  
Profit Sharing
$0.00 - $7,340  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,802 - $68,778  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 397
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$15.09 - $25.57  
   
Overtime
$22.11 - $35.15  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$0.00 - $10,054  
   
Profit Sharing
$0.00 - $7,340  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,802 - $68,778  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 55
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Popular Employer Salaries for Fund Accountant


State Street Corporation, The Bank of New York Mellon Corporation (BNY Mellon), SS&C Technologies, Inc., UMB Fund Services, and J.P. Morgan Chase & Co. (JPMCC) are among the top companies that take on many Entry-Level Fund Accountants. The biggest paychecks can be found at J.P. Morgan Chase & Co. (JPMCC) — the median salary there is $53K.

Salaries are easily beat at State Street Corporation, where median pay comes to just $36K, the lowest in the field. What's more, with base pay starting at $29K and ending at $49K, range in salary is rather small.

Pay Difference by Location

National Average: $45,179

Larger city markers indicate a job is popular in that location.

Entry-Level Fund Accountants will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 28 percent. Entry-Level Fund Accountants can also look forward to large paychecks in cities like Chicago (+23 percent), New York (+22 percent), Houston (+4 percent), and Milwaukee (+4 percent). In Evansville, salaries are 17 percent below the national average and represent the lowest-paying market. Workers in Philadelphia and Wilmington earn salaries that trail the national average for those in this profession (15 percent less).

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Skills That Affect Fund Accountant Salaries

Financial Reporting
up arrow 11%

General Ledger Accounting
up arrow 5%

Financial Analysis
up arrow 4%

Accounting
0%

National Average
$45,000

Microsoft Excel
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 87 votes.

Gender

Female
33 %
Male
67 %

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 76%
medical benefits
Vision: 60%
dental benefits
None: 13%
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