ZipRecruiter

Log In

1

Custody Fund Accountant Jobs (NOW HIRING)

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 ...

next page

Showing results 1-20

All JobsCustody Fund Accountant Jobs

Custody Fund Accountant information

See salary details

$44K

$86.1K

$145.5K

How much do custody fund accountant jobs pay per year?

As of Aug 29, 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.

More about Custody Fund Accountant jobs

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, 22% Part Time, and 1% Contract. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $86,141 per year, or $41.4 per hour.

Global Custody / Offshore Fund Client Service, Officer

State Street Corporation

Boston, MA • On-site

$60K - $101K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Who we are looking for
Experience in client facing role, strong verbal and written communications skills a must. Must be fluent in Japanese and have strong English language skills, team player working with broader range of internal/external stakeholders and have knowledge of computer systems, financial operations and/or global custody, offshore funds. Other product knowledge is advantage.
Why this role is important to us
The client service team you are joining gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and shareholder recordkeeping, to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate. Our products help our clients make better investment choices and act on growth opportunities.
What you will be responsible for
As Client Service Officer you will be responsible
  • For managing Japanese clients based in Japan or their affiliates located in North America supporting and working with relationship managers, operations teams to deliver consistent high quality of client service to these important and strategic clients of the bank.
    • Understanding Japan client needs and agreed deliverables, work with your local and Japan based managers to achieve the common goals,
    • Supporting service deliveries that are customized for Japan specific clients and not supported by State Street global standard operating model owned by various upstream functionalized teams.
    • Contributing all the deliverables for responsible clients are met in both timeliness and quality.
    • Executing customized operations by accessing custody and accounting systems per SOP that are classified as customized/bespoke services therefore not covered by GD upstream teams
    • Working with Relationship Managers and Client Service Team in Japan and Luxembourg, and upstream operation teams to support follow-the-sun service model leveraging time-zone advantage in US.

  • For other key duties including but not limited to:
    • Working with internal operations teams and relationship managers to ensure client queries are timely and appropriately responded to maintain client satisfaction levels at high.
    • Accompanying client travel to North America locations (e.g., Boston, New York) and provide on-site support as needed
    • Supporting North America time zone needs and escalations for EMEA and APAC client service, operations and relationship management teams serving Japan clients
    • The day to day management, Proactively identifying client needs and addressing potential issues impacting client satisfaction.
    • Visiting clients on a regular basis and deepen client relationships as needed
    • Participating periodic KPI / service review meetings and materials preparation
    • Always demonstrating adherence to our risk and compliance culture and demonstrate highest integrity, earning our clients' trust everyday
    • Understanding client needs and suggesting improved service enhancements
    • working effectively with global operation teams to provide enhanced services to Japanese clients, creating strong relationships with operations teams in North America and global.
    • Other duties as assigned

Qualifications
  • Bachelor/ Graduate Degree from University (required).
  • Experience in the financial services industry (at least 5 years)
  • Fluent in Japanese (required) with strong English language communication skills
  • Excellent business understanding of global custody, fund administration and offshore funds.
  • Working knowledge of fund administration services, either offshore or domestic
  • Highly organized, highly attentive to detail, driven and able to work independently to drive change and excellent outcomes for clients
  • Experience working in client service or custody/fund accounting operations is advantage
  • Client service oriented person with excellent client service skills, ability to drive and influence discussions with clients and internal parties
  • Excellent verbal and written communication skills
  • Are effective at working across large global organizations to identify those with the knowledge/answers to quickly and effectively respond to client queries and issues.

Salary Range:
$60,000 - $101,250 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
State Street logo

About State Street

Sourced by ZipRecruiter

State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

Year founded

1792

Social media

FacebookTwitter

View All State Street Jobs

Apply