Fund Accountants

kluivert

Does anyone know of how to get into this line of work.

I would like to go work for the IFS in Drogheda as i live in Monaghan.

Go in as a trainee Fund Accountant.

Does anyone know where i can go to get info on the types on jobs there is.

Novo

I'm not 100% sure on this one but I think you would first want to train to become an accountant, say the ACA. The Big 4 have financial services audit departments that audit in the funds area. This is the department you would want to train in. I dont know of any "fund accountant" qualification.

If you have a look at the icai website they advertise for fund accountants. They look for people who have done the ACA qualification. A lot of the positions are in the Caymen islands and Bermuda.

http://www.icai.ie/members/memb-careerplc-jobdetails.cfm?jobID=524&jobcatID=4
http://www.icai.ie/members/memb-careerplc.cfm

whiskeyman

kluivert wrote:

Does anyone know of how to get into this line of work.

I would like to go work for the IFS in Drogheda as i live in Monaghan.

Go in as a trainee Fund Accountant.

Does anyone know where i can go to get info on the types on jobs there is.

you'll need a business degree of some sort... accounting stream would be handy, but not essential.
From a few mates that used to work there, a degree is essential though. (one that will make you except in some accounting exams).
I remember one of them saying they wouldnt accept the BESS from TCD though.... odd that.

There's lots of FA positions in Dublin. It seems to have a high staff turnover though.
I'm sure you'll find a few people on here that are fund accountants to give their view.

Kinetic^

Hey Kluivert,

The Big 4 all have Financial Services departments, alot of work in these involve Fund accounting.

You've got the qualifications anyway, so I'd say go for it.

It is supposed to be a tad boring but the € is good.

onedmc

You dont really need to be an accountant to be a Fund Accountant, but if you want to make it to the top you should have it.

When I worked in IFSC companies, most were part qualified that came from practice.

AARRRGH

I have a friend who is a Fund Accountant.

He does not have any university education and I would not consider him to be the business/accountancy type.

He did a part-time (one evening a week for 6 months, if I remember correctly) funds course arranged by these guys: http://www.dfia.ie/

He says the job is a piece of cake. It is basically just checking figures and anyone could do it.

Disclaimer: his CV was loose with some historical facts...

hawkmoon269

Most boring job in the world.

I'd rather be a tramp and eat a box of Carrolls for dinner every night.

But hey that's just me.

chump

Yea there's a lad I know who did it for a few years and has gone back to study accounting and aims to become chartered

said was fine job, decent pay, boring, and little opportunity

kluivert

Am a part qualified accountant with ACCA, and i thought that the job would be boring but i was thinking of the money more so than anything else.

It would be nice to earn good money and not have to go to Dublin to do it.

AARRRGH

kluivert wrote:

Am a part qualified accountant with ACCA, and i thought that the job would be boring but i was thinking of the money more so than anything else.

It would be nice to earn good money and not have to go to Dublin to do it.

I'm pretty sure the money is fairly low? My mate after one year is on 23k.

It does look nice on the CV though...

kluivert

Thats 10k more than am getting now.

AARRRGH

kluivert wrote:

Thats 10k more than am getting now.

WHOA!!!!

Please tell me you live in Azerbijan.

mikemac

chump wrote:

said was fine job, decent pay, boring, and little opportunity

Seconded.

Been doing this for the last 10 months. Its a good role if its your first graduate job.

For me, I plan to get a years experience and move on then. Involves long hours but can be unbelievably repititive and boring.

If you fairly creative and inqusitive I think you'll feel limited. I get the impression that you'd don't need to know what's going on in the financial world as long as your work in on time and accurate.

Tbh a leaving cert student could do this role with the proper training so not sure why its a graduate role.

chump

kluivert wrote:

Thats 10k more than am getting now.

wehweh... im starting on 21.5 as a trainee in audit next sept., and it rises fairly quickly... you shud get yourself a better paid trainee position!

kluivert

I work in Monaghan and not Dublin am afraid.

Money is very good in Dublin at the minute outside Dublin its a different story altogether.

Hitchhiker's Guide to...

Hi Kluivert,

i actually used to work in this company (IFS), in their Harcourt Street branch (think they've moved now).

They were generally very good at treating their employees. Used to buy us lunch etc. Work is a bit boring, but they do look after you well. The bonuses, and the pay were v. good.