The 45-year-old is sharing the honour with Iranian filmmaker Jafar Panahi, Australian producer Jan Chapman, German actress Nina Hoss, Canadian filmmaker Guy Maddin and British costume designer Sandy Powell.
Italian actress Isabella Rossellini will head the jury, said an update on the festival's official website.
As part of the jury at the film extravaganza, Aamir will be involved in deciding the festival's main prizes - the coveted Golden and Silver Bear awards.
The film festival is to be held Feb 10-20.