Berkadia is hiring a Fund Manager to join our team. In this fully remote role, you will be responsible for the financial modeling, analytics, and investor due diligence process for closing Proprietary Fund transactions, as well as post-close management and reporting through stabilization. You will report to the VP of Fund Management and help shape the future of commercial real estate finance.
What You'll Do
- Manage Fund level projections and investor due diligence workflow through closing.
- Perform quarterly updates to property and Fund level projections based on actual events and annual tax returns, with 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.
- Ensure compliance with Fund level operating agreements, analyze post-close waiver requests, and make recommendations to leadership.
- 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.
What We're Looking For
- Bachelor's degree or equivalent
- 5+ years of experience in a similar position
- Strong quantitative and analytical skills
- Proficiency in financial modeling and Microsoft Office applications
- High attention to detail and accuracy
- Ability to manage complex financial data effectively
- Excellent written and verbal communication skills
Nice to Have
- Experience in fund/partnership accounting and tax preparation
- LIHTC experience highly desirable
- CPA designation preferred
Technical Stack
- Microsoft Office applications
Team & Environment
You will cross-train with senior staff and provide support for Multi-Investor Funds and Club Funds. You report to the VP of Fund Management and assist the AVP of Portfolio Management.
Benefits & Compensation
- Monthly paid volunteer hours and donation matching
- Employee Resource Groups
- Fertility and family planning services
- Up to 12-weeks of fully paid parental leave
- Mental health care, including free counseling sessions
- Generous tuition reimbursement
- Pet insurance discounts
Work Mode
This is a fully remote position open to candidates in Chicago, Illinois, United States.
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. Berkadia is 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.
