📊 Investment & Capital Markets · Mid level

Fund Accountant: interview questions

Role-specific questions

1. How do you calculate a fund's NAV?

How to answer: Answer with a short framework (two or three steps), then back it with a specific example and the result.

2. What would you do if the NAV is wrong after publication?

How to answer: Say what you would do first, who you would involve, how you would document it, and how you would prevent it happening again.

3. How do you reconcile positions with a custodian?

How to answer: Answer with a short framework (two or three steps), then back it with a specific example and the result.

4. How are fees and expenses accrued in a fund?

How to answer: Answer with a short framework (two or three steps), then back it with a specific example and the result.

Common questions for Investment & Capital Markets roles

Pitch me an investment idea.

What interviewers look for: Cover thesis, valuation, catalysts, risks and exit.

Tell me about a model you are proud of.

What interviewers look for: Explain the structure, drivers, checks and the decision it supported.

Why this firm and this role?

What interviewers look for: Be specific about the firm's strategy and your skills.

Prepare a STAR story bank

  • Situation: one or two sentences of context.
  • Task: what you were responsible for.
  • Action: what you did, step by step.
  • Result: the outcome with a number, plus what you learned.

The Interview page in the app saves your own answers for each question and has a practice timer.

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