Investment Accountant

Calculate how clients' investments affect their taxes.

Quick Stats

Very Good

Salary Range
$39,000 – $107,000

Data from U.S. Department of Labor

What do Investment Accountants do?

As an Investment Accountant, you specialize in transactions that involve investments, such as the purchase or sale of stocks. You evaluate and offer advice about investments, process transactions, and complete paperwork.

Your job is different as an Investment Accountant from that of a CPA (Certified Public Accountant) because instead of filing taxes and evaluating payroll decisions, you frequently check the pulse of the securities markets and understand how to evaluate stock performance. You work with clients who wish to build a portfolio, invest in a hedge fund, or just make a bond purchase. Investment Accountant clients turn to other professionals for advice on performance of specific stocks, but they come to you when they want to know how a purchase or sale will affect their tax situation.

They get an answer quickly, because you’ve been monitoring their file. You’ve processed the trades, recorded every step of the transactions, verified data, and tracked the stock’s performance. With each loss, gain, or exchange, you’ve analyzed the portfolio and updated the ledgers. So, now that your client is asking about selling a million shares of paper bag stock, you can tell them that waiting until the new year would give them a better tax position.

The other tasks that you perform every day include reconciling accounts, balancing ledger sheets, and completing regulatory reports, such as those required by the IRS. You also prepare the client’s schedule D at tax time. You do all this from your desk at a brokerage firm, or if you’re an independent Consultant, from your sofa or den.

Should I be an Investment Accountant?

You should have a bachelor's degree or higher and share these traits:
  • Team Player: You're able to listen, communicate, and work with tons of different people.
  • Reliable: You can always be counted on to do a good job.
  • Logical Thinker: You take a step-by-step approach to analyze information and solve problems.

  • Also known as: Inventory Accountant

    How to become an Investment Accountant

    Most Investment Accountants have a Bachelor's degree. Chart?chd=s:add9ec&chl=|certificate+%284%25%29|associate%27s+%285%25%29|bachelor%27s+%2882%25%29|master%27s+%286%25%29|doctorate+%283%25%29&cht=p3&chs=466x180&chxr=0,0,82
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