Junior Fund Accountant (f/m/d)

We are looking for a Junior Fund Accountant (f/m/d) to join the Frankfurt branch of our client, a leading US banking group. In this role, you will play a key part in ensuring the accurate and timely calculation of Net Asset Values (NAVs), managing fund accounting processes, and maintaining compliance with client-specific procedures and regulatory requirements. This position offers an exciting opportunity for a motivated professional to develop their expertise in fund accounting while working within a dynamic, globally recognized organization that values growth, collaboration, and excellence.

Main Responsibilities

• Record, verify, and reconcile all fund transactions and relevant financial products, including securities trades, listed derivatives, foreign exchange (FX) transactions, Equities, Fixed income, OTC, ETD, SWAPS etc.

• Accurately calculate the Net Asset Value (NAV) for investment trusts and ensure timely submission of NAV reconciliation reports to the investment manager in accordance with contractual deadlines.

• Maintain organized daily and monthly files to facilitate future reviews by internal or external auditors, and respond promptly and accurately to audit queries during fund audits.

• Liaise regularly with investment fund companies and custodian banks to ensure seamless operations and promptly address any issues that may arise.

• Leverage fund accounting software effectively for fund accounting processes, ensuring accuracy in system entries such as master file setups and transaction bookings.

Basic Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field (or equivalent experience).
• First experience in fund accounting or financial services, ideally in banking or fund / asset management companies in Germany.
• Strong knowledge of IFRS, US GAAP, KAGB, as well as NAV calculations for investment funds and fund administration processes.
• Proficiency in booking and verifying business transactions such as securities trades, listed derivatives, FX transactions, dividends, corporate actions, subscriptions/redemptions.
• Experience ensuring correct calculation of general fees payable by funds (e.g., management fees, custody fees).
• Familiarity with preparing statutory investment limits for investment funds and working closely with financial reporting teams on ad hoc/statutory reports.
• Advanced knowledge of XENTIS software is highly desirable.
• English business fluent, German language skill would be a big value add-up.

What We Offer

• Competitive salary and performance-based bonuses.
• Comprehensive health insurance plans.
• Opportunities for professional development through training programs and certifications.
• A collaborative work environment that values innovation and teamwork.
• Work-life balance initiatives to support your personal well-being.