Got offered 115K with 25-30% bonus for a fund accountant role with 3 years of public experience. Is that normal? Seems like really high. I live in NY to clarify. Combination of Big 4 and midsize experience. What’s the normal salary range for ppl in that range?

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Seems high, but maybe they have been looking for awhile and are willing to pay now. Also the bonus isn’t guaranteed so $115k seems about right.

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They were looking for months and seemed to really like me. Here they give bonuses every year and are known for it. Thank you for the insight

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Normal comp for fund accounting. I’m in SF.

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If you want to be a fund accountant and like the team, take it.

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I already did. All the offers were about 115K. One of them was 120K but a much smaller bonus

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That baiut right, give or take, for industry pivot. Be grateful for the offer. Congrats.

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All depends if you like fund accounting. I think exit opps are limited, at least from what I’ve heard.

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Honestly for me I think it’s a good. It’s a hybrid program among opportunistic credit, PE, and real estate. If I don’t like it, I can use my background to explore other avenues. But it’s hard to get in these large firms so I want to try it

Idk if that’s high? S1(2yrs experience) is 95k.

S2 maybe 100-105k? Considering industry so you get a 10% pay bump. So I’d say it’s on par? Plus VHCOL

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Seems normal to me for NY.

Have you got the offer on paper? I was once offered a fund accountant role similar to yours. Once i got the contract it was lower than promised

Very nice

I just took a fund accountant role in LA (MCOL) & my comp was $110k with 10k bonus. My comp was about $95k 3 years in public account tax. So I’d say for HCOL that’s about right. Maybe slightly higher. Congrats!

Damn I feel like I know what role this is. Congrats!

🤣🤣

Congratsss!

I am very interested!

Salary is good & reasonable. Although I'm surprised that you can't get a senior fund accountant title with your 3 yoe at big 4? People i know that jumped to industry after 2~3 yrs at big 4 normally get the senior fund accountant title at least.

Title does matter whatever firm you are working for…it impacts your future pay/increase and your promotion track. And it matters on your resume.
I personally never see a PE/VC firm requires 3 yoe PA experience + another 3~4 yrs industry experience to be a senior fund accountant, that sounds more like a manager requirement. Unless you were completely doing something different for your 3 yrs at PA/big 4 that you didn't have any relevant funds experiences which then makes sense that they are treating you as entry level hire.
I would focus less on the starting salary and ask if you could get the senior title, bc at big 4 you would get the senior title with 2 yoe and going from big 4 to industry especially at staff/senior level, I rarely see people going from senior to fund accountant, normally people exit from big 4 get higher title/pay. Even you can't get senior title now, see if you could get promoted in the next 6~12 months. Doesn't hurt to ask.

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This is within the range for HCOL for this level of job. Some probably would offer $110k for 3 YOE with 20% bonus, so you got a good deal

if you asked for $120k they might just adjust your salary increase or bonus payout next year to smooth it out, so it’s just timing (within 6-12 months)

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