What are the responsibilities and job description for the Fund Manager position at CAHEC?
Fund Manager
CAHEC is a community investment organization that strengthens communities by providing affordable housing and supportive service initiatives to residents in the Southeast and Mid-Atlantic regions. CAHEC engages in diverse product areas, including low-income housing tax credits, historic tax credits, new markets tax credits, and renewable energy credits. Additionally, CAHEC offers loan programs, wellness and education initiatives for residents, affordable housing development, and property management services.
The Fund Manager is responsible for managing, modeling, and reporting for all types of a limited partnership’s tax credit investments and related entities. A Fund Manager maintains and audits fund models within CAHEC’s existing portfolio of limited partnership investment entities while leading analyst efforts to evaluate and direct the capital needs for their assigned funds. The position ensures data integrity, analyzes and updates data in projections, performs cash management, and prepares, approves, and delivers timely reports to our investors. The employment classification for this position is exempt.
Some specific functions include:
Education Requirement
Bachelor’s degree in accounting or finance; or an equivalent combination of education and comparable work experience.
Work Experience
Minimum Three (3) years progressive work experience in real estate investments or and equivalent financial field.
Knowledge, Skills, and Abilities
This position requires a solid knowledge of GAAP, the ability to run complex Excel models, and strong attention to detail. Qualified candidates must possess strong verbal and written communication skills, the ability to prioritize and meet deadlines, and the ability to manage confidential data. This position requires experience with Excel (intermediate level), Word, Outlook, Adobe and accounting software.
Work Environment
This position is classified as hybrid remote and works from both the CAHEC corporate office in Raleigh, NC and a dedicated home office. Travel, typically by either commercial airline or automobile, is required for this position. Certain objectives require traveling to various locations to meet with partners, visiting properties in CAHEC’s investment portfolio, attending industry-related events, and professional training opportunities.
Compensation and Benefits: CAHEC is an equal-opportunity employer that offers a competitive compensation and benefits package.
For more information and how to apply: please visit www.cahec.com.