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How much does an accountant at a hedge fund make?
Salary Ranges for Hedge Fund Accountants The salaries of Hedge Fund Accountants in the US range from $13,592 to $358,491 , with a median salary of $65,184 . The middle 57% of Hedge Fund Accountants makes between $65,185 and $162,846, with the top 86% making $358,491.
What does a hedge fund accountant do?
Hedge fund accountants provide accounting services and performance analysis to hedge funds or mutual funds. These professionals prepare financial statements, maintain general ledgers, calculate net asset value, and take on other accounting and recordkeeping responsibilities.
Can an accountant work at a hedge fund?
Senior Fund Accountant To be successful in this role you will need to have a strong desire to move into a Financial Services firm and in particular at least 1-2 years of experience in fund accounting.
How much are accountants paid in NYC?
The average salary for a Accountant in New York is $80,869. The average additional cash compensation for a Accountant in New York is $8,580. The average total compensation for a Accountant in New York is $89,449.
Are fund accountants paid well?
A hedge fund accountant with three to five years’ experience can make as little as $62k, with salaries topping out at $81k, according to Robert Half’s 2015 salary guide. That’s only a 3% increase from last year, one of the lowest anticipated pay bumps of all financial services workers.
Is fund accounting a good career?
Becoming a fund accountant may be a smart choice paved with several career paths at your disposal. Whether you opt to work in the federal government or want to manage a hedge fund, fund accountants are in demand across the board. With enough experience, accountants can advance to supervisory or management roles.
How do I become a fund accountant?
Fund accountant qualifications To be attractive to an employer, typically, employers will expect fund accountants to qualify and be a member of a professional accountancy body such as ACCA, CIMA or ACA. Also having a bachelor’s or master’s degree in accounting or a similar field would also be acceptable.
Is Fund Accounting a good career?
Can an accountant become a hedge fund manager?
A career as a hedge fund accountant may offer opportunities to pursue advanced work as a hedge fund manager. Below, we review some key differences between the two occupations. Job Responsibilities: Hedge fund accountants analyze the financial health of hedge funds and make recommendations to hedge fund managers.
Do accountant make 6 figures?
A CPA salary usually reaches the high five figures, and senior CPAs in management can earn a six-figure salary.
How much does a fund accountant make in UK?
The average salary for a Fund Accountant is £43,400 gross per year (£2,750 net per month), which is £13,800 (+47%) higher than the UK’s national average salary. A Fund Accountant can expect an average starting salary of £25,600. The highest salaries can exceed £90,000. Total compensation includes salary and bonus.