Fund Management Analyst

Our Fund Management Analyst works closely with members of the Asset Management, Syndications, and Acquisitions teams. These teams and department help our communities as we are focused on Low-Income Housing Tax Credits (LIHTC). Our investors make contributions to fund properties, which allows properties to offer lower rents to tenants, and investors earn tax credits in return. No two days are the same on our Equity Syndications team as each property differs from one another. 

• Generate and post all monthly journal entries
• Assist with preparation and analysis of quarterly reports including but not limited to; project and fund-level summary reports, model projections, drafting financial statements, investor narratives, and calculating investor yield on a quarterly basis
• Coordinate with Asset Management and Syndication to plan for upcoming capital calls, bridge draw requests, manage cash position, and prepare reconciliations
• Work with external parties that include but are not limited to investors, partnership accountants, and other entity partners
• Review Limited Partnership Agreements and create active, post-closing models for each
• Review lower-tier partnership tax returns and audits
• Assist Fund Auditors during preliminary and year-end field work

Expected Experience, Skills and Education:

• Requires a bachelor’s degree in a business-related field, accounting or finance is preferred
• Minimum of two years of relevant work experience in real estate investments and public accounting experience is preferred
• Previous work experience in the Low-Income Housing Tax Credit Program or Affordable Housing industry is preferred
• Candidate must be able to demonstrate strong customer service skills in interactions with investors, lenders, and developer partners in a financial services environment
• Candidate must be able to communicate and work effectively with individuals representing various departments and having varying specialties, both financial and non-financial
• Requires knowledge of Microsoft Office Suite and high proficiency in Excel and Word specifically
• Overtime hours are expected during certain months of the year

ABOUT MERCHANTS CAPITAL

With over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multifamily housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank’s balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways. Recognized as a top five affordable lender, Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners. To learn more about Merchants Capital, visit www.merchantscapital.com.