Fund Accounting - what do I need to know?

Reading through job specs of vacancies on the market (London-based)

Didn't find your answer?

Hi All,

Wondering if there's an accountant amongst the AWeb community who can summarise what skills I need to ensure I have, or recommend any resources which will assist me in ensuring I'm up-to-speed on fund accounting.

Most of the roles requiring an accountant with fund accounting capabilities come from PE firms, or similar of course.

Thanks in advance!

Replies (5)

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By FactChecker
12th Jun 2024 19:58

Type 'fund accounting' into Google ... and you'll have a happy evening or two of reading to look forward to.
You weren't expecting an 'everything you need to know in 20 words' answer, were you?

Thanks (3)
By Matrix
12th Jun 2024 20:21

I am not a fund accountant but I have dealt with them. I assume you have looked up NAV reporting. I expect the skills would be the usual financial analysis/reporting but also the ability to take the initiative and to explain financial concepts to non-finance colleagues, fund managers, the board etc. You may be required to work long hours if daily NAV reports are required.

Thanks (0)
By Bobbo
13th Jun 2024 09:12

Just make sure you aren't looking at a job spec for a charity - because that's a whole different world of fund accounting!

Thanks (1)
Replying to Bobbo:
By FactChecker
13th Jun 2024 11:42

Spoilsport! ... but that's why I suggested the Google route (to open OP's eyes to the lack of clarity in their question).

Thanks (2)