Thoughts on fund accounting? Why do people say negative things about it? I’m looking to move from audit to a private equity role.

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It’s specialized and sort of a pigeon hole. It’s pays solid but it’s harder to jump to something else.

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Some people have different goals and aspirations and interests. I'm a little pigeonholed in my industry but it pays well and is laid back and provides a good quality of life. That said there are jobs that I could get hired for if this one goes away.

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Are you in the fund accounting industry?

I work in property accounting so my work rolls up to the fund level. It's a pretty niche role, but you do deal with things like waterfall distributions, NAVs, NOIs, etc. There's nothing wrong with it, it's just very specialized.

If you have the aptitude for it though it can be a good way to work towards a controller position.

Also I moved from audit to property accounting and it's a major upgrade in every way. Ignore the haters, you do you

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F

Funny enough I recently accepted an offer at a hedge fund as a Fund Accountant Analyst. I haven’t started yet but I’m excited. I personally liked auditing hedge fund engagements and think that it’s going to be cool to get to be apart of it.

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