AVP Fund Management

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 AVP-FundManagement(AVPFM)is responsible for the financial modeling analytics and due diligence process in closingMultiFunds Club Funds and Proprietary Fund transactions as well as the post-close management and reporting duties through stabilization of the underlying properties.

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

• Managequarterly Fund financial statements and assist with the preparation and review of monthly Corporate financial statements maintaining related workbooks and schedules.
• Managecash and GAAP journal entries including accruals and process wires ACHs and check runs.
• Coordinate and manage Fund audits tax returns and K-1 preparations while supporting Corporateaudit and tax return processes as needed.
• Create and maintain financial models assist with financial planning and analysis and collaborate with internal teams on accounting and tax-related matters.
• 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.
• Manage investor due diligence workflowand Upper Tier closings.
• Prepare qualitative risk assessment and quantitative valuation for internal discussion.
• Together with VP FM: Maintain and update master templates for Lower Tier / Upper Tier modeling.
• Support Acquisitions and Underwriting by providing tax expertise model training and transaction-specific modifications to Lower Tier models.
• Train and review the work of junior staff providing guidance and oversight.
• Manage investorcapital to be called based on Fund cash balances and updated project-level equity schedules.
• Analyze investor tax-basis and 704(b) basis capital account projections through the LIHTC compliance period identifying potential risks to investor IRR and providing recommendations.
• Perform quarterly and annual updates to pre-stabilized Fund models based on actual tax returns and review tax returns for pre-stabilized Funds analyzing material variances and updating investor benefit schedules.
• Manage quarterly reporting obligations and conduct annual analyses of Fund reserves and sustainability.
• Calculate annual Fund cash waterfalls process upper-tier asset management fees and overhead reimbursements and model complex transactions including multi/club structures bridge lending and special allocations.
• Coordinate Lower Tier tax return preparation memos and ensure adherence while planning hosting and recording Lower Tier model training sessions.
• Annual review and revision of Upper TierPolicies and Procedures
• Provide weekly updates to VP FM

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.
• Masters degree preferred.
• 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-HF1 #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 PolicyandBerkadias Privacy Policy. Please click the following links for more information about:EEOCEmployee Rights under the FMLAEPPA.