The Funds Industry Entry & Exit Opportunities

Compensation

Salaries in the funds industry are highly structured within the top-tier firms based on years of experience and also asset classes. They are reviewed annually with scope for employees to increase their salaries based on merit by upskill-ing or moving into niche areas such as project management or fintech. Benefits, such as pensions, are excellent and employees enjoy a high level of job security.

In general, the salary levels of private equity fund accountants are higher than hedge fund accountants, due to accounting qualifications being required. Due to a rapidly increasing demand for talent in private equity fund accountants, entry level roles are now being opened to candidates from audit and corporate accounting backgrounds.

Fund Administration Industry – Private Equity (Singapore, 2019/2020)

Level	Base Salary (SGD, per month)
Fund Accountant, 1- 3 years	3K – 4K
Senior Fund Accountant, 3 – 5 years	4K – 5K
Team lead/Supervisor/Assistant manager, 5 – 8 years	5K – 6.5K
Manager/AVP, 7-9 years	6.5K – 9K
Senior Manager/VP/AD, 8 – 12 years	9K – 12K
Director/SVP	12K – 17K

Fund Administration Industry – Private Equity (Hong Kong, 2019/2020)

Level	Base Salary (HKD, per month)
Fund Accountant, 1- 3 years	17K – 28K
Senior Fund Accountant, 3 – 5 years	28K – 40K
Team lead/Supervisor/Assistant manager, 5 – 8 years	40K – 55K
Manager/AVP, 7-9 years	55K – 75K
Senior Manager/VP/AD, 8 – 12 years	70K – 90K
Director/SVP	90K- 130K

*Source: Funds Partnership Asia Salary Guide 2020