Fund Manager - LIHTC

Overview

A leading mortgage banking platform, consistently ranked among top lenders for Fannie Mae, Freddie Mac, and HUD, is seeking a Fund Manager to provide analytical and administrative support throughout the lifecycle of Low-Income Housing Tax Credit (LIHTC) Funds and their underlying properties. This role supports investor reporting, client servicing, and portfolio data aggregation.

Responsibilities

• Perform quarterly updates to property-level and fund-level projections based on actual events and annual tax returns, focusing on capital contribution adjustments, capital accounts, and investor IRR.
• Manage quarterly fund financial statements and assist with 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 capital accounts are current.
• Ensure compliance with fund-level operating agreements; analyze post-close waiver requests submitted by Asset Management and provide 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.
• Collect, maintain, and analyze data for annual Syndicator Assessment reports.
• Collaborate with the Asset Management department and manage workflow with support from a global production team based in Hyderabad, India.

Requirements

• Experience in fund/partnership accounting and tax preparation; LIHTC experience is 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 in managing complex financial data.
• Excellent written and verbal communication skills.
• Minimum of 3 years of experience in a similar role.
• Bachelor's degree or equivalent.

Compensation & Benefits

• Monthly paid volunteer hours and donation matching programs.
• Employee Resource Groups for professional growth.
• Fertility and family planning services.
• Up to 12 weeks of fully paid parental leave.
• Mental health care including free counseling sessions.
• Tuition reimbursement to support continued learning.
• Pet insurance discounts.
• Additional benefits available.

Location

Not specified.

Equal Opportunity Statement

The employer is committed to creating an inclusive environment and is an equal opportunity employer. All qualified applicants will receive consideration 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.

Reasonable accommodations are available for individuals with disabilities during the interview process upon request.

Applicants acknowledge their rights under federal and state employment laws throughout the application process.