Fund Analyst

Boston Financial Investment Management, LP (BFIM) is one of the largest multi-family investment managers of low-income housing in the U.S.  The firm specializes in low-income housing tax credit investment syndication as well as asset and portfolio management. The company recently ranked #3 in the NMHC 50, the National Multi Housing Council’s authoritative ranking of the nation’s 50 top apartment owners.

The Fund Analyst position responsibilities include, but are not limited to, the following:

Key Responsibilities:

• • • • Support the Fund Management team in managing a portfolio of Affordable Housing Real Estate Funds to preserve the value of investor equity and the stream of benefits associated with the investment
• Work with the Fund Managers to prepare and maintain long-term projections of capital installments, tax credit and tax loss delivery and cash distributions and update corresponding investor benefit schedules
• Assist with preparation and maintenance of fund risk reports and business plans
• Assist Senior Management with time sensitive projects such as investor presentation materials, compilation of due diligence items and hand off materials related to fund investment closings, and ad hoc requests
• Assist Fund Management with annual tax return process, which includes reviewing and analyzing Federal and State partnership tax returns and internal tax reports
• Monitor the performance of property investments and address discrepancies in conjunction with the preparation of quarterly reports to corporate investors
• Participate in various Fund Management initiatives, as well as contribute to team based, long term initiatives

Minimum Requirements:

• Bachelor’s degree, with a focus in Accounting, Finance, Real Estate, Tax or similar
• Proficient in financial analysis and spreadsheet modeling using Microsoft Excel
• Ability to balance multiple projects and communicate effectively with peers, senior management and investors while using critical thinking and creative problem-solving

• Attention to detail
• Ability to thrive in a collaborative, team-based environment; pitching in wherever needed to achieve team objectives
• Ability to meet tight deadlines in time sensitive situations while maintaining a professional demeanor
• Excellent verbal and written communication skills

Desired Skills:

• Proficient with Microsoft Access
• Real estate industry experience
• Low Income Housing (Section 42) Tax Credit experience
• Familiarity with Partnership Tax Returns, Financial Statements and Partnership Agreements

This position is located at our headquarters in Boston, MA.