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.

  • 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

At ACE Alternatives, we foster a culture of innovation, collaboration, and impact. This role offers:

  • 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.

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 konstantin.pfeil@ace-alternatives.com

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.

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Are you curious about the world of Venture Capital and Private Equity, or already thriving in it and looking for your next challenge?

Whether you’re just starting out or bring experience from the field, ACE Alternatives is always on the lookout for sharp, driven minds ready to challenge the status quo and build what’s next.

If that sounds like you, we want to hear from you.

Konstantin Pfeil Chief of Staff and Head of Platforms at ACE Alternatives

Konstantin v. Pfeil

Chief of Staff

Email: konstantin.pfeil@ace-alternatives.com