What Does an Investment Accountant Do?

Written By Accounting-Degree.org Staff

Accounting is a broad field that usually gives rise to questions such as what does an investment accountant do. There are many facets to accounting with different types of accountants for specific tasks. One increasingly popular area to get into in the world of accounting is investment accounting. While the position requires certain skills, a special level of education, and an interest in numbers, it is still a very achievable career. For those interested in investment accounting, the following information explains what an investment accountant does and any other pertinent information to helping one achieve their career goals.


An investment accountant differs from regular accountants, which work to monitor and handle finances for individuals, businesses, and companies. Investment accountants, on the other hand, work in the specific sector of the financial industry which are brokerage and asset management firms. With asset managers and brokers handling millions of dollars in portfolios that contain stocks, bonds, futures, ETF, and currencies, an investment accountant works with them to process the investments and to keep track of any third-party activity. The investment accountants can also work in managerial roles by providing financial consulting and advice to asset managers and brokers. This is a way for firms to have a positive financial standing and to record any transactions that occur for legal purposes, according to WiseGeek.


One of the main functions of an investment accountant is to maintain the investments. Each state varies on its regulations of how investments should be maintained, reported, and managed. Therefore, an investment accountant is aware of these standards and enacts them for the company. Failure to do so can result in monetary fines imposed by the states and a loss of credibility on behalf of the firm. This is perhaps one of the main reasons that it is important to know what does an investment accountant do.

Another key function of investment accountants is they are also responsible for helping develop the firm’s key financial strategy. This investment strategy is what will help increase client funds and the capital of the firm. If an investment accountant is good at what they do, they truly become an integral and valuable asset for the firm that they work for. For this reason, it is vital to go into the job with the right qualifications.

Lastly, a final key function of an investment accountant is to prepare tax reports on investment accounts. The accountant therefore must keep track of all investments for each portfolio and be able to accurately report it to the government.


Investment accountants are known for being highly mathematical, logical, detailed, and prudent in regard to rules and regulations. Individuals that are interested in becoming an investment accountant typically receive their bachelor’s degree in economics, finance, accounting, or business. After the bachelor’s degree, many also go on to receiving a Master’s in Accounting, and afterwards they complete their CPA exam. To supplement these credentials, it is also recommended to receive a Personal Financial Specialist Certificate, which is what financial planners usually take. Another avenue to becoming an investment accountant would be to pursue an MBA degree.

Overall, the field of investment accounting is very competitive. Those that are interested in the career will be competing with brokers and investment managers for highly desirable jobs. Hopefully though the above information on what an investment accountant does will provide you with enough clarity to enter the job field.