Owns mutual fund accounting workstreams — NAV oversight, valuation policy, SEC reporting support, audit interface — at fund administrators, asset managers, or specialized fund operations. Senior role with deep regulatory and operational fluency in registered investment companies.
A typical month involves owning fund accounting workstreams, supervising junior accountants, and supporting investor and regulatory reporting. You'll often oversee daily NAV cycles for assigned funds, handle complex valuations and pricing exceptions, prepare or review N-CSR, N-Q, and N-CEN filings, support external audit and SEC examinations, and contribute to operational strategy. Series 99 or comparable credentials are common.
What's harder than people expect is the multi-stakeholder coordination — fund accounting interfaces with portfolio management, custodians, transfer agents, distributors, auditors, and regulators, and senior accountants need to make all those relationships work cleanly. Variance is significant between fund administrator multi-client environments (broad exposure across managers and strategies), in-house fund accounting at asset managers (deeper product specialization), and specialty fund accounting (ETFs, closed-end funds, interval funds with unique structures).
People who tend to thrive here are organized, detail-precise, and able to manage deadline pressure while leading junior staff and engaging with senior stakeholders. If you want client-facing or commercial work, the production rhythm can wear. If you find satisfaction in standing behind the financial integrity of funds that thousands of investors trust, the work tends to build into senior fund operations leadership, controllership at asset managers, or specialized fund consulting.
Where this role sits in the broader career landscape — and where it can take you.
Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.
Owns mutual fund accounting workstreams — NAV oversight, valuation policy, SEC reporting support, audit interface — at fund administrators, asset managers, or specialized fund operations. Senior role with deep regulatory and operational fluency in registered investment companies.
Median pay for a Senior Mutual Fund Accountant is about $92K nationally, with the field ranging roughly from $53K to $181K depending on experience, employer, and metro (BLS).
Core skills for this role include Reading Comprehension, Speaking, Critical Thinking, Active Listening, and Writing.
Employment in this field is projected to grow about 5.15% through 2034, with roughly 1.8 million people working in it today (BLS).
Closely related roles include Mutual Fund Accountant, Senior Risk Management Consultant, and Compliance Coordinator.
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