Fund Manager

Orix•Boston, MA

5d•Hybrid

About The Position

The Fund Manager is a key member of the Investment Management team at Boston Financial and is responsible for managing a portfolio of investment funds to achieve targeted investment objectives while delivering exceptional service to investors. This role serves as the primary post-closing relationship manager for upper-tier investors and is accountable for fund performance oversight, reserve management, investor reporting, financial analysis, and strategic fund management. The Fund Manager works collaboratively with Asset Management, Dispositions, Workouts, Accounting, Tax, Legal, Production, and external investors to protect investor capital, ensure fund sustainability throughout the investment lifecycle, maximize revenue for Boston Financial, and strengthen long-term investor relationships.

Requirements

Bachelor's degree in Finance, Accounting, Business Administration, Economics, Real Estate, or a related field required.
5-10 years of experience in fund management, investment management, real estate finance, private equity, affordable housing, tax credit investing, or a related field.
Experience managing investor relationships and preparing financial and performance reporting.
Proven experience interpreting partnership agreements and investment-related legal documents.
Experience with financial modeling, forecasting, and investment performance analysis.
Strong understanding of investment funds, partnership structures, tax credits, and real estate investment vehicles.
Advanced financial modeling and analytical skills.
Ability to prepare and present financial analyses to investors and senior management.
Strong knowledge of fund performance metrics, including IRR and cash flow analysis.
Excellent written and verbal communication skills.
Exceptional organizational and project management abilities.
Strong relationship management and client service orientation.
Ability to work effectively across multiple teams and manage competing priorities.
Proficiency in Microsoft Excel, PowerPoint, and financial reporting systems.

Nice To Haves

Strong ownership and accountability for fund performance.
A proactive approach to investor service and relationship management.
Sound financial and business judgment.
Strategic thinking and problem-solving capabilities.
Attention to detail and commitment to accuracy.
The ability to balance investor interests with Boston Financial's business objectives.
A collaborative mindset focused on achieving optimal outcomes for investors and the firm.

Responsibilities

Develop and execute fund-level strategies designed to achieve investment objectives and maximize fund performance.
Manage efforts to ensure fund sustainability through active oversight of fund reserves, cash flow, and investment performance.
Participate in the resolution of portfolio and property-level issues by reviewing and interpreting partnership agreements, legal documents, and investment structures.
Monitor actual and projected portfolio performance against established objectives and benchmarks.
Evaluate the impact of property dispositions, residual value events, and other significant transactions on fund performance and sustainability.
Coordinate with Asset Management, Dispositions, Workouts, and other Investment Management teams to address fund and property matters.
Prepare long-term projections of tax credits, tax losses, cash distributions, and other investment returns for investors.
Perform fund-level financial modeling and performance analyses.
Prepare and maintain Internal Rate of Return (IRR) analyses and other performance metrics.
Track and analyze actual versus expected property and fund results.
Conduct quarterly reserve reviews, assessing all anticipated cash inflows and outflows to optimize fund sustainability and profitability.
Project and approve fund-level payments and distributions.
Serve as the primary post-closing contact for upper-tier investors.
Build and maintain strong investor relationships through responsive communication, proactive service, and strategic support.
Prepare and deliver quarterly and annual investor reports addressing fund performance, property performance, financial results, and key portfolio developments.
Respond to investor ad hoc requests and perform special analyses as needed.
Plan, coordinate, and participate in investor due diligence meetings, presentations, and other client-facing events.
Facilitate investor consent requests and communications related to lower-tier investment matters.
Coordinate the preparation of fund tax returns and related investor reporting requirements.
Assist in the review of annual Schedule K-1s and the preparation of K-1 reporting packages.
Support investor inquiries related to tax, accounting, and asset management matters.
Collaborate with Legal and Production teams to monitor compliance with investor side letter agreements, partnership agreements, and other governing documents.
Ensure adherence to partnership terms, investor requirements, and regulatory obligations.
Work closely with internal stakeholders to manage all aspects of funds from closing through investor exit.
Coordinate with Asset Management, Accounting, Tax, Legal, and Production teams to ensure timely execution of fund initiatives and investor deliverables.
Provide support to the Production team on pre-closing activities when required.
Drive continuous process and service improvements to enhance investor experience and business retention.