Anyone work as fund accountant at a top hedge fund. If so, how’s your experience? what are some of the pros/cons? What’s the compensation look like?

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Having audited a well known hedge fund (and many mutual funds families) in the past I can say that fund accountant seems like one of the most boring jobs out there. Good hours and good pay though at top places

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From what I’ve seen, Senior fund accountants can make 120-160 in a low COL area, controllers 200-240 and CFOs range vary.

A senior fund accounting would be equivalent to a middle manager at B4 (6+ years).

Agree with PwC 1. I’m on multiple hedge funds and private equity shops on the tax side and being a fund accounting seems like it would be boring. Compensation wouldn’t be the best because you’re not valued for your skills, you’re an added cost.

Having done the management company’s K-1s the fund accountants make nothing compared to the traders

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I was offered a fund accountant position with a top-notch firm. Quite glad I didn’t take it!

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