Fund Accounting Manager Salary

Pay for Fund Accounting Managers in the United States sits in the ballpark of $82K per year. Cash earnings for Fund Accounting Managers — including $22K in bonuses and $13K in profit sharing proceeds near the top of the pay scale — generally stretch from $59K to $149K depending on individual performance. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Work is enjoyable for Fund Accounting Managers, who typically claim high levels of job satisfaction. Men account for the majority of Fund Accounting Managers who responded to the questionnaire — 63 percent to be exact. The numbers in this rundown were provided by PayScale's salary survey participants.
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$58,723 - $127,661
$59K
$82K
$130K
MEDIAN: $81,731
10%
50%
90%

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$0$151K
Salary $58,723 - $127,661
Bonus $3,500 - $21,500
Profit Sharing $912 - $12,822
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).
)
$58,723 - $151,006
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 46

Find Out Exactly What You Should Be Paid

United States (change)

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

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

Fund Accounting Manager Job Listings

Popular Skills for Fund Accounting Manager


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Accounting, Microsoft Office, Microsoft Excel, and Microsoft Word are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Windows Operating System General Use, Microsoft Word, and Microsoft Excel. Those familiar with Microsoft Excel also tend to know Microsoft Word.

Pay by Experience Level for Fund Accounting Manager

Pay by Experience for a Fund Accounting Manager has a positive trend. An entry-level Fund Accounting Manager with less than 5 years of experience can expect to earn an average total compensation of $56,000 based on 25 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Fund Accounting Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $85,000 based on 18 salaries. An experienced Fund Accounting Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $92,000 based on 18 salaries. A Fund Accounting Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $62,000 based on 14 salaries.

Related Job Salaries

Key Stats for Fund Accounting Manager

Gender

Female
17 %
Male
83 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
2%
1-4 years
9%
5-9 years
46%
10-19 years
41%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Fund Accounting Manager Salaries

▼0%

National Average
$92,000

▼8%

Late-Career
▼32%

Entry-Level
▼39%

Skills That Affect Fund Accounting Manager Salaries

National Average
$92,000

Accounting
▼4%




Windows Operating System General Use
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
2%
1-4 years
9%
5-9 years
46%
10-19 years
41%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 84%
vision benefits
Vision: 76%
no benefits
None: 8%
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