Junior Fund Accountant

ACE Alternatives; Junior (WV); On-site; USD 48,000 - 71,000; Full time

Benefits offered by this job

Flexible working arrangements

Fast-growing entrepreneurial team

Impactful role in financial direction

Job summary

ACE Alternatives in Berlin seeks a Junior Fund Accountant to join our growing team. You will support accounting for diverse alternative assets, ensuring GAAP/IFRS compliance and accurate reporting.

You'll assist with NAV calculations, investor reporting, and coordination with auditors, gaining hands-on experience in venture capital and private equity fund operations. This full-time, in-person role offers flexible working arrangements and a pathway toward deeper fund accounting expertise

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA/CFA in progress is a plus.
• 1–2 years in fund accounting VC/PE or financial services (internship acceptable).
• Willingness to learn venture capital and private equity fund accounting.

Responsibilities

• Support accounting activities for ACE clients across alternative asset classes in GAAP/IFRS compliance.
• Assist with migration of fund structures for new clients.
• Prepare monthly, quarterly, and annual financial statements with supporting docs.
• Perform NAV calculations and investor reporting.
• Reconcile drawdowns, distributions, accruals, and expenses.
• Manage double-entry bookkeeping entries in the accounting system.
• Provide investor relations support and respond to inquiries.
• Assist in capital statements and IRR calculations as needed.
• Coordinate with clients, auditors, and stakeholders on fund accounting projects.

Skills

Fund accounting knowledge

GAAP/IFRS exposure

Attention to detail

Willingness to learn VC/PE

Education

Bachelor’s Degree in Accounting or Finance

CPA or CFA in progress

Job description

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 [e-mail].

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: [e-mail]