Junior Fund Accountant

Back to career page Junior Fund Accountant ACE Alternatives is seeking a Junior Fund Accountant to join our growing team. This role offers the opportunity to work at the intersection of fund operations, venture capital and private equity. You’ll play an essential part in delivering accurate reporting, maintaining high standards of financial integrity, and creating value for our stakeholders, while gaining hands‑on experience in the world of fund accounting and operations. Position Details Role Junior Fund Accountant Location BERLIN – In Person Engagement Type Full Time Key Responsibilities Support accounting activities for ACE clients investing across a diverse range of alternative asset classes, in compliance with various GAAP frameworks (e.g., German GAAP, IFRS) and industry‑specific regulations. Assist with the accounting migration of existing fund structures for new clients. Prepare, review, and analyze monthly, quarterly, and annual financial statements, including supporting documentation, in accordance with applicable accounting standards. Perform Net Asset Value (NAV) calculations. Provide support with financial consolidations, investor reporting, and preparation of financial statements. Reconcile fund drawdowns, distributions, accruals, expenses, and other related transactions. Manage double‑entry bookkeeping entries within the accounting system. Provide investor relations support, including preparing statements and responses to investor inquiries. Assist in the preparation of fund investor capital statements and the calculation of fund and investor Internal Rate of Return (IRR), as needed. Coordinate with various internal and external stakeholders (e.g., clients, external auditors) in day‑to‑day fund accounting, custom reporting, and other investor‑specific projects. Qualifications Bachelor’s Degree in Accounting, Finance, or a related field (CPA or CFA in progress is a plus) 1‑2 years (internship) in fund accounting VC/ PE, or financial services Willingness to learn and deep‑dive into Venture Capital and Private Equity Fund accounting Exposure to fund structures (LP/GP models), waterfalls, and carried interest calculations is a plus Why Join Us? Flexible working arrangements. The opportunity to work with a fast‑growing, entrepreneurial team. A chance to make a tangible impact on the financial direction of the organization. Important Notice As a precautionary reminder, please be aware that ACE Alternatives will never request any form of payment from candidates at any stage of the recruitment process. If you are ever contacted by someone claiming to represent ACE Alternatives and asking for payment related to employment opportunities, do not respond. Instead, report the incident to us at View email address on click.appcast.io. Equal Employment Opportunity Statement At ACE Alternatives, we are committed to creating a diverse, inclusive, and respectful workplace. Employment decisions are based solely on qualifications, merit, and business needs. We do not discriminate based on age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, ancestry, citizenship, disability, marital status, veteran status, genetic information, or any other status protected by applicable law. Konstantin v. Pfeil Chief of Staff Email: View email address on click.appcast.io #J-18808-Ljbffr