Associate Director Fund Management LIHTC (Remote)
Berkadia
•
Philadelphia, PA
0
0
0
0
Associate
Posted April 2, 2026
Job link
Thinking about this job
Responsibilities
Commitments
Responsibilities
- 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.
Commitments
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:
We'll help you fund your learning journey with generous tuition reimbursement
Be the Next Big Thing.
Be Berkadia.
In keeping with our commitment, Berkadia takes the necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities.
If you require reasonable accommodation to take part in the interview process, please contact talentacquisition@berkadia.com.
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 acknowledging Berkadia's Application Policy and Berkadia's Privacy Policy.
Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.
Not Met Priorities
What still needs stronger evidence
Requirements
- 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.
- 5+ years of experience in a similar position
Preferred Skills
- Experience in fund/partnership accounting and tax preparation, with LIHTC experience highly desirable; CPA designation preferred.
Education
- (Not required) – Bachelor's degree or equivalent
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.
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.
Bachelor's 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:
We'll help you fund your learning journey with generous tuition reimbursement
Pet insurance discounts
And more!
Be the Next Big Thing. Be Berkadia.
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 necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact talentacquisition@berkadia.com.
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 acknowledging Berkadia's Application Policy and Berkadia's Privacy Policy. Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.
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.
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.
Bachelor's 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:
We'll help you fund your learning journey with generous tuition reimbursement
Pet insurance discounts
And more!
Be the Next Big Thing. Be Berkadia.
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 necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact talentacquisition@berkadia.com.
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 acknowledging Berkadia's Application Policy and Berkadia's Privacy Policy. Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.