Are you looking for the opportunity to make an impact?
Berkadia's mortgage banking platform is consistently ranked among Fannie Mae, Freddie Mac and HUD's top lenders and is seamlessly integrated with our investment sales and servicing platforms to provide superior client service. Let the strongest research, technology, capital relationships, and a nationwide network of industry professionals propel you to the next stage of your commercial real estate career. Be Backed by the Best. Be Berkadia.
Theย Fund Managerย provides analytical and administrative support to the AVP Fund Managers fromย inceptionย through stabilization ofย LIHTC Funds andย theirย underlying properties.ย ย Thereafter, the Fund Managerย is responsible forย investor reporting,ย clientย servicingย and aggregation of Berkadia's portfolio data.ย
We Innovate to shape the future of CRE, so in this role you will:
- Perform quarterly updates toย property levelย and Fund levelย projections based on actual events and annual tax returns,ย with specific attention to capital contribution adjusters,ย capitalย accountsย and investor IRR.
- Manageย quarterly Fund financial statements andย assistย with the preparation and review of monthly Corporateย financial statements,ย maintainingย related workbooks and schedules.
- Review Fund and Partnership operating agreements, record transactions, and monitor capital contributions received from investors and paid to Partnerships, ensuring all capital accounts are up to date.
- Ensure compliance with Fund level operating agreements, analyze post-close waiver requests submittedย by Assetย Managementย and make recommendations to VP Fund Management.ย Coordinate and manage Fund audits, tax returns, andย investorย K-1ย preparations.
- Manage quarterly reporting obligations, investorย requests, andย annual analyses of Fund reserves.
- Collect, maintainย and analyze dataย for annual Syndicator Assessment reports.
- Collaborate with Asset Management department and manage workflow with support from Berkadia's Global Production team (remote office in Hyderabad, India).ย
We Stand for Excellence, so to achieve success in this role you should have:
- Experience in fund/partnership accounting and tax preparation, with LIHTC experience highly desirable; CPA designation preferred.
- Strong quantitative and analytical skills, with proficiencyย in financial modeling and Microsoft Office applications.
- High attention to detail and accuracy, with the ability to manage complex financial data effectively.
- Excellent communication skills, both written and verbal, to conveyย information clearly and professionally.ย
- 3+ years of experience in a similar position.
- Bachelor's degree or equivalent.
We believe People Matter, so we offer benefits that go beyond:
- Monthly paid volunteer hours and donation matching to benefit our communitiesย
- Employee Resource Groups that help you grow with us
- Fertility and family planning servicesย ย
- Up to 12-weeks of fully paid parental leaveย ย ย
- Mental health care, including free counseling sessions:ย ย
- We'll help you fund your learning journey with generous tuition reimbursementย
- Pet insurance discountsย
- And more!ย
Be the Next Big Thing. Be Berkadia.
#LI-HF1 #LI-REMOTE