Vantaggi
Good starter job. It's definitely a job for recent graduates. Much of the work population in the Fund Accounting departments are young professionals, so it's easy to fit in with your coworkers. The work isn't hard, so it's a good way to be introduced to a corporate atmosphere. My experience with management in my group has been good. They are always positive, understanding of personal obligations, and are constantly striving to improve efficiency within the group. However, I have friends in other groups who don't share my opinion.
Svantaggi
Extremely monotonous. Once you get the hang of the job, you do the same thing over and over. If you're satisfied with a job that won't challenge you, then Fund Accounting is a good long-term option.