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.

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.