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Custody Fund Accountant Jobs (NOW HIRING)

Deca Analytics

Fund Accountant

San Juan, PR · On-site

$35K - $45K/yr

The Fund Accountant will be a critical support resource responsible for end-to-end financial ... Reconcile bank, custody, and subscription line accounts daily/weekly. * Post adjustments and ensure ...

Deca Analytics

Fund Accountant

San Juan, PR · On-site

$55K - $65K/yr

The Fund Accountant will be a critical support resource responsible for end-to-end financial ... Reconcile bank, custody, and subscription line accounts daily/weekly. * Post adjustments and ensure ...

Deca Analytics

Fund Accountant

San Juan, PR · On-site

$35K - $45K/yr

The Fund Accountant will be a critical support resource responsible for end-to-end financial ... Reconcile bank, custody, and subscription line accounts daily/weekly. * Post adjustments and ensure ...

Deca Analytics

Fund Accountant

San Juan, PR · On-site

$55K - $65K/yr

The Fund Accountant will be a critical support resource responsible for end-to-end financial ... Reconcile bank, custody, and subscription line accounts daily/weekly. * Post adjustments and ensure ...

Hire Talent

Senior Client Service Representative

Boston, MA · On-site

$21 - $28.75/hr

... fund accounting, administration, and custody services. The ideal candidate is client-focused, analytical, and comfortable working in a deadline-driven financial services environment while supporting ...

State Street

Fund Accounting, Managing Director

Quincy, MA · On-site

$170K - $252K/yr

Coordinate across Fund Accounting, Transfer Agency, Reporting, Custody, and other operational teams to ensure all fund structures, controls, and processes are established prior to launch. * Oversee ...

State Street

Fund Accounting, Managing Director

Irvine, CA · On-site

$170K - $252K/yr

Coordinate across Fund Accounting, Transfer Agency, Reporting, Custody, and other operational teams to ensure all fund structures, controls, and processes are established prior to launch. * Oversee ...

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All JobsCustody Fund Accountant Jobs

Custody Fund Accountant information

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$44K

$86.1K

$145.5K

How much do custody fund accountant jobs pay per year?

As of Aug 17, 2026, the average yearly pay for custody fund accountant in the United States is $86,141.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $99,000.00 per year, depending on experience, location, and employer.

What is a custody fund accountant?

Custody Fund Accountants are finance professionals responsible for managing and reconciling the records of investment funds held in custody by financial institutions. They ensure that all transactions, such as trades, income, and corporate actions, are accurately recorded and reflected in the fund’s accounts. Their work helps maintain the integrity of financial reporting and compliance with regulatory requirements. Custody Fund Accountants often collaborate with fund managers, auditors, and custodians to resolve discrepancies and ensure smooth fund operations.

What are the key skills and qualifications needed to thrive as a custody fund accountant?

To thrive as a Custody Fund Accountant, you need strong accounting knowledge, attention to detail, and a bachelor's degree in accounting, finance, or a related field. Familiarity with custody banking platforms, fund accounting software (such as Advent Geneva or Investran), and regulatory compliance tools is typically required. Excellent analytical skills, time management, and clear communication are crucial soft skills for handling complex reconciliations and client interactions. These skills ensure accurate fund reporting, regulatory compliance, and effective collaboration with stakeholders in fast-paced financial environments.

What are some typical challenges a custody fund accountant may face when reconciling complex investment portfolios?

Custody Fund Accountants often encounter challenges such as managing large volumes of transactions across multiple asset classes, ensuring timely and accurate reconciliation of holdings, and resolving discrepancies between internal records and custodian statements. They must also stay updated with regulatory changes and adapt reconciliation processes accordingly. Effective communication with portfolio managers, custodians, and auditors is crucial to quickly address and resolve any issues that arise.

What is the difference between Custody Fund Accountant vs Fund Accountant?

AspectCustody Fund AccountantFund Accountant
Primary RoleManages custody and safekeeping of assets, reconciles holdings, and ensures compliance with custody agreements.Handles accounting, reporting, and valuation of investment funds, including NAV calculations.
CredentialsTypically requires accounting or finance certifications; similar to fund accountants.Same as custody fund accountants, often holding CPA or CFA designations.
Work EnvironmentFinancial institutions, asset management firms, custodians.Asset management firms, investment companies, banks.

While both roles involve fund management, custody fund accountants focus on asset safekeeping and reconciliation, whereas fund accountants handle fund valuation and reporting. They often work closely but have distinct responsibilities within the investment industry.

Do custody fund accountants make a lot of money?

Custody fund accountants typically earn a competitive salary that varies based on experience, location, and employer size. Entry-level positions may start with moderate pay, while experienced professionals with certifications like CPA or CFA can earn higher salaries, often supplemented by bonuses and benefits. Overall, the role offers a stable income within the finance and accounting sectors.
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What job categories do people searching Custody Fund Accountant jobs look for?

The top searched job categories for Custody Fund Accountant jobs are:

Custody Fund Accountant jobs near you
Infographic showing various Custody Fund Accountant job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 21% Part Time, and 2% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $86,141 per year, or $41.4 per hour.

Fund Accountant

Deca Analytics

San Juan, PR • On-site

$35K - $45K/yr

Full-time

Re-posted 25 days ago

Job description

About the Role

As Oceanum and its affiliated entities (PRIF, Cacique, and others) expand, we are seeking to strengthen our internal investment accounting capabilities. The Fund Accountant will be a critical support resource responsible for end-to-end financial reporting, fund operations, and control processes across multiple investment platforms. This role will evolve to work across all entities and support cross-functional financial initiatives.

Key Responsibilities

General Ledger & Daily Accounting

  • Maintain general ledger using QuickBooks across multiple funds and SPVs.
  • Record A/R, A/P, journal entries, amortization schedules, vendor invoices, and class tracking.

Reconciliations & Ledger Compliance

  • Reconcile bank, custody, and subscription line accounts daily/weekly.
  • Post adjustments and ensure GAAP compliance across fund books.

NAVs, Allocations & Distributions

  • Calculate periodic NAVs and allocate income and expenses to LPs.
  • Model and execute ILPA-compliant waterfall distributions and capital calls.

Financial Statements & Reporting

  • Prepare quarterly GAAP-compliant financials:
    • Statement of Assets & Liabilities
    • Schedule of Investments
    • Partners’ Capital Rollforward
    • Narrative portfolio performance reports

Audit & Tax Coordination

  • Act as primary liaison to auditors and tax professionals.
  • Deliver TBs, respond to audit queries, and prepare K-1 data packages.

Process Improvement & Controls

  • Document internal policies and workflows.
  • Enhance QuickBooks configurations, automate reporting, and implement transaction controls.

Treasury & Lending Support

  • Assist in cash flow forecasting, wires, and borrowing-base tracking for credit facilities.

Qualifications

  1. Education: Bachelor’s degree in Accounting (required).
  2. Experience: 2–6 years in fund accounting (private credit, direct lending, PE, or fund admin).
  3. Systems: Advanced Excel; QuickBooks proficiency is a must.
  4. Technical Knowledge: Solid understanding of U.S. GAAP and portfolio accounting.
  5. Languages: English (required), Spanish (preferred).
  6. Soft Skills: Detail-oriented, strong communicator, collaborative, deadline-driven.

We are an Equal Opportunity Employer. All employment decisions are made without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.

We comply with all applicable equal employment opportunity laws and are committed to fostering an inclusive and respectful workplace for all employees.