Fund Accounting Manager Salary

Fund Accounting Managers in the United States can expect to earn an average of $75K per year. Medical benefits are awarded to almost all, and a large number earn dental coverage. Male Fund Accounting Managers are more prevalent than women among those who took the survey — 60 percent of professionals. Job satisfaction is high and work is enjoyable for most Fund Accounting Managers. This overview is based on answers to PayScale's salary questionnaire.
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$47,622 - $98,793
(Median)
$48K
$75K
$99K
MEDIAN: $75,095
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$47,622 - $98,793  
   
Bonus
$99.33 - $20,542  
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).
)
$44,668 - $111,596  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 116
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Job Description for Fund Accounting Manager

Fund accounting manager positions are commonly available in the financial industry, especially with investment groups and banks. These jobs are generally not entry level and require at least three to five years of experience in a related field, with some positions requiring a specific background in fund accounting. In addition, most companies require candidates to be certified public accountants (CPAs) or chartered financial analysts (CFAs). A master of business administration (MBA) or other relevant degree is frequently required or preferred as well.

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Fund Accounting Manager Tasks

  • Ensure work complies with both company and government regulations.
  • Perform account reconciliation and review accounting records, identify discrepancies, and determine their cause.
  • Prepare and review of financial reports and statements detailing the status of funds.
  • Supervise the work of accounting department staff.

Fund Accounting Manager Job Listings

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Popular Skills for Fund Accounting Manager


Survey results show that Fund Accounting Managers typically report just a few professional skills. Most notably, skills in Accounting, Windows Operating System General Use, Microsoft Office, and Microsoft Excel are correlated to pay that is above average. The majority of those who know Microsoft Excel also know Microsoft Word.

Pay by Experience Level for Fund Accounting Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Survey participants with less than five years' experience pocket $56K on average, but those with five to 10 years of experience enjoy a much bigger median of $81K. Fund Accounting Managers see a median salary of $83K after reaching one to two decades on the job. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $62K.

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Experience Affects Fund Accounting Manager Salaries



National Average
$79,000

Late-Career
up arrow 22%

Entry-Level
up arrow 30%

Skills That Affect Fund Accounting Manager Salaries

Accounting
up arrow 3%

Windows Operating System General Use
up arrow 2%

Microsoft Office
up arrow 1%

Microsoft Excel
0%

National Average
$79,000

Microsoft Word
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 30 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
47%
10-19 years
33%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 87%
vision benefits Vision: 74% employee benefits None: 4%
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