FUND ACCOUNTING MANAGER SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Published: Mar 13, 2025 – The Fund Accounting Manager has extensive accounting expertise with a CPA certification and strong proficiency in financial analysis, fund flow assessment, and US GAAP application. This role requires deep knowledge of private market investments, diverse asset classes, risk mitigation strategies, and process improvement implementation. The manager also has strong leadership abilities with experience in mentoring staff, optimizing internal controls, and effectively communicating complex financial concepts across various levels of expertise.

Essential Hard and Soft Skills for a Standout Fund Accounting Manager Resume
  • Financial Reporting
  • Fund Accounting
  • NAV Calculation
  • GAAP Reporting
  • Cash Management
  • Investment Reconciliation
  • Budget Analysis
  • Tax Coordination
  • Debt Compliance
  • Fund Valuation
  • Client Communication
  • Team Management
  • Leadership Development
  • Process Improvement
  • Investor Relations
  • Problem Resolution
  • Staff Training
  • Change Management
  • Strategic Planning
  • Relationship Management

Summary of Fund Accounting Manager Knowledge and Qualifications on Resume

1. BA in Economics with 5 years of Experience

  • Accounting and/or mutual funds experience
  • Proficient knowledge of SEC financial accounting and reporting requirements
  • Understanding of financial securities markets and the price movement of securities.
  • Knowledge of the fund administrator (State Street) fund accounting, financial reporting, and custody system.
  • Experience with reconciliation processes and calculating Net Asset Value (NAV) for various fund types.
  • Understanding of investment portfolios, asset classes, and valuation methods for different securities.
  • Experience in identifying, analyzing, and mitigating risks within the fund accounting and financial reporting processes.
  • Knowledge of tax reporting requirements for mutual funds and other investment vehicles, including income distribution and capital gains.
  • Demonstrated leadership and management skills.
  • Excellent verbal and written communication skills.
  • Excellent attention to detail.
  • Proficient Microsoft Word and Excel skills (fundamental Visual Basic skills specifically related to the use of Excel macros).

2. BA in Investment Management with 4 years of Experience

  • Experience in alternative Investment Accounting
  • Experience in Finance industry and/or accounting
  • Experience on a range of PERE structures, including Fund of PEFunds.
  • Experience with eFront, Value Financials/ Caseware
  • Ability to assess liquidity, cash flow forecasting, and management in a fund context.
  • Experience preparing, reviewing, and analyzing financial statements, investor reports, and regulatory filings.
  • Experience in calculating net asset values (NAVs) for various fund types, including private equity, real estate, and hedge funds.
  • Expertise in managing account reconciliations, particularly for complex funds or multi-currency portfolios.
  • Strong accounting and analytical skills with attention to detail and ability to multi-task
  • Strong IT skills
  • ACCA/Part qualified

3. BA in Risk Management with 1 year of Experience

  • Experienced in public accounting or fund accounting
  • Open-ended fund experience
  • Advanced degree and/or CPA
  • Deep understanding of industry regulations, including SEC regulations, FINRA rules, and compliance with global regulatory standards.
  • Strong written and oral communication skills
  • Proficient in Excel and working with detailed Excel models
  • Good project management skills and ability to work both autonomously and as part of a team
  • Oriented to problem-solving and keen to use personal initiative
  • Organised and able to multi-task in a time-pressured environment
  • Good eye for detail with tenacity in chasing and following up, ensuring deadlines are met
  • Ability to manage relationships with clients, investors, and stakeholders, ensuring transparency and satisfaction.

4. BA in Actuarial Science with 5 years of Experience

  • Strong knowledge of Collective Investment Trusts, Limited Liability Companies, and 40 Act Funds
  • Strong knowledge of governance structures and required regulatory oversight.
  • Expert knowledge of Accounting best practices
  • Hold CPA
  • Experience with US regulatory standards for pricing and valuations
  • Deep understanding of fund valuations and the components
  • A strong understanding of supplier relationships
  • In-depth knowledge of fund administration and operations
  • Proficient in financial reporting and compliance with GAAP and IFRS standards
  • Experience with fund structures such as mutual funds, hedge funds, private equity, and venture capital funds
  • Organized and able to prioritize work effectively and work to tight deadlines
  • Strong interpersonal, managerial, and communication skills

5. BA in Financial Management with 2 years of Experience

  • Previous financial services industry experience in an operations environment
  • Interpersonal and networking skills with a proven track record of dealing with clients, industry associations, senior management, colleagues, and staff
  • Strong communication, presentation, and negotiation skills
  • Good innovation and change management orientation
  • Strong business acumen and profit orientation
  • Risk management and mitigation focus
  • Proven organisational and time management skills
  • A track record of developing and implementing innovation and change.
  • An industry, accounting, or other recognised accredited program
  • Client-facing experience
  • Good presentation skills.

6. BA in Accounting with 6 years of Experience

  • Hold CPA (Certified Public Accountants)
  • Experience in Accounting or Back Office Operations working for a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor, or Financial/Retirement Planner
  • Knowledge of partnership accounting and private equity experience
  • Working knowledge of US GAAP
  • Prior experience with various products, including equities, fixed income, repurchase agreements, futures, FX, Mortgages, and options
  • Solid knowledge of corporate actions
  • Prior supervisory experience
  • Knowledge of various fund structures (e.g., limited partnerships, LLCs) and the tax implications of each.
  • Advanced Microsoft Office Excel knowledge
  • Ability to work under pressure and manage tight internal and client deadlines
  • Strong communication skills, including written, listening, and presentation abilities with solid attention to detail
  • Solid client relationship management skills

7. BA in Business Administration with 7 years of Experience

  • Hold CA, CPA, or ACCA qualification
  • External audit experience, ideally with exposure to financial services and insurance sectors
  • Strong technical knowledge of financial reporting requirements under IFRS and other applicable regulatory provisions such as the Securities and Futures Commission (SFC) and Singapore Insurance Act
  • Knowledge of preparation of fund accounting industry
  • Exceptional leadership and staff development skills with prior team management experience
  • Excellent communication, influencing, and negotiation skills with the ability to develop and maintain collaborative relationships with both internal and external clients
  • Proven ability to operate effectively in a matrix organization
  • The ability to prioritize work on multiple assignments to meet tight deadlines and manage well through ambiguity and complexity
  • Ability to plan, execute, and follow through the completion and documentation of assignments in a dynamic work environment
  • Proficiency in Microsoft Office, particularly in Excel, Word, and PowerPoint
  • Familiarity with Excel-Macro
  • Detail-oriented team player with strong interpersonal, verbal, and written communication skills

8. BA in Finance with 9 years of Experience

  • Accounting experience with CPA
  • Strong consideration to private markets investment industry experience
  • Financial analysis or analytical experience, including the ability to accurately analyze financial documents, create financial analysis responses, and understand the flow of funds in legal structures
  • Ability to accurately analyze and apply US GAAP, income tax basis, and cash basis financial reports
  • Experience in designing and implementing process improvements and internal control best practices
  • Experience with various investment types such as hedge funds, private equity, mutual funds, real estate, and derivatives.
  • Ability to identify, assess, and mitigate financial and operational risks within fund structures.
  • Expert knowledge of Excel and Accounting Systems and experience with performance-based measurement
  • Proven ability to calculate and analyze fund performance metrics like NAV (Net Asset Value), IRR (Internal Rate of Return), and yield.
  • Demonstrated ability to lead, manage, and mentor junior staff while promoting a collaborative environment.
  • Excellent written and oral communication skills, including the ability to effectively communicate and explain complex matters to varied backgrounds of expertise
  • Highly self-motivated with the ability to successfully collaborate with team members
  • Ability to work successfully in a dynamic, constantly changing environment with the skills necessary to appropriately prioritize workload while handling multiple ongoing projects and deadlines
Relevant Information
Corporate Accounting Manager Skills, Experience, and Job Requirements
Accounting Operations Manager Skills, Experience, and Job Requirements
Accounting Director Skills, Experience, and Job Requirements
Finance Accounting Manager Skills, Experience, and Job Requirements