Associate Director Fund Management (Remote)

Philadelphia, PA - USA

Monthly Salary: Not Disclosed

Posted on: 8 hours ago

Vacancies: 1 Vacancy

Job Summary

Are you looking for the opportunity to make an impact

Berkadias mortgage banking platform is consistently ranked among Fannie Mae Freddie Mac and HUDs 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.

The Fund Manager is responsible for the financial modeling analytics and investor due diligence process in closing Proprietary Fund transactions as well as the post-close management and reporting duties through stabilization of the underlying properties. The Fund Manager will also cross-train with senior staff and provide support for Multi-Investor Funds and Club Funds.

We Innovate to shape the future of CRE so in this role you will:

Manage Fund level projections and investor due diligence workflow through closing.
Perform quarterly updates to property level and Fund level projections based on actual events and annual tax returns with specific attention to capital contribution adjusters capital accounts and investor IRR.
Manage quarterly Fund financial statements and assist with the preparation and review of monthly Corporate financial statements maintaining 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 submitted by Asset Management and make recommendations to VP Fund Management. Coordinate and manage Fund audits tax returns and investor K-1 preparations.
Manage quarterly reporting obligations investor requests and annual analyses of Fund reserves.
Assist AVP Portfolio Management in data collection and analytics for annual Syndicator Assessment reports.

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 proficiency 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 convey information clearly and professionally.
Bachelors degree or equivalent
5 years of experience in a similar position

We believe People Matter so we offer benefits that go beyond:

Monthly paid volunteer hours and donation matching to benefit our communities
Employee Resource Groups that help you grow with us
Fertility and family planning services
Up to 12-weeks of fully paid parental leave
Mental health care including free counseling sessions:
Well help you fund your learning journey with generous tuition reimbursement
Pet insurance discounts
And more!

Be the Next Big Thing. Be Berkadia.

#LI-EP1 #LI-REMOTE

Berkadia as an equal opportunity employer celebrates our employees unique differences which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals we are committed to the full inclusion of all qualified individuals without regard to race religion age color national origin gender sexual orientation gender identity or expression marital status domestic partner status military and veteran status disability pregnancy parental status genetic information political affiliation or any other status protected by federal state and local laws.

In keeping with our commitment Berkadia takes the necessarysteps to provide a workplace free from harassment and discrimination as well as access and reasonable accommodations for individuals with you require reasonable accommodation to take part in the interview process please contact

You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role you are acknowledgingBerkadias Application Policyand Berkadias Privacy Policy. Please click the following links for more information about:EEOC Employee Rights under the FMLA EPPA.

Required Experience:

Director

Are you looking for the opportunity to make an impactBerkadias mortgage banking platform is consistently ranked among Fannie Mae Freddie Mac and HUDs top lenders and is seamlessly integrated with our investment sales and servicing platforms to provide superior client service. Let the strongest resea...

Are you looking for the opportunity to make an impact

We Innovate to shape the future of CRE so in this role you will:

Manage Fund level projections and investor due diligence workflow through closing.
Perform quarterly updates to property level and Fund level projections based on actual events and annual tax returns with specific attention to capital contribution adjusters capital accounts and investor IRR.
Manage quarterly Fund financial statements and assist with the preparation and review of monthly Corporate financial statements maintaining 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 submitted by Asset Management and make recommendations to VP Fund Management. Coordinate and manage Fund audits tax returns and investor K-1 preparations.
Manage quarterly reporting obligations investor requests and annual analyses of Fund reserves.
Assist AVP Portfolio Management in data collection and analytics for annual Syndicator Assessment reports.

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 proficiency 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 convey information clearly and professionally.
Bachelors degree or equivalent
5 years of experience in a similar position

We believe People Matter so we offer benefits that go beyond: