Fund Analyst, Fund Management
CREA, LLC, Indianapolis, IN, United States
CREA, LLC is a full-service low-income housing tax credit (LIHTC) syndicator forming long-term relationships with investors and developers that cultivate success and improve lives. With 25 years in affordable housing, CREA has raised $13.5 billion – resulting in the formation of over 97,500 homes within 1,059 communities across the country. Thanks to the contribution of over 135 employees, CREA continues to look for talented and passionate individuals who are excited about opportunities to grow with us into the future.
Physical Presence:
In-Office | Tue – Thu; Flexible | Mon & Fri
Open to:
Indianapolis, IN
Reports to:
Senior Vice President, Fund Management
Responsibilities
We are seeking a detail-oriented Fund Analyst who is interested in building expertise in fund management and the LIHTC and affordable housing industries. In this role, you will support the management of a portfolio of CREA Tax Credit Funds by tracking fund activity and preparing financial analyses and materials for senior leadership and investors.
This position is well-suited for someone who enjoys working with financial data, collaborating across teams, and gaining exposure to investor reporting and fund operations. Candidates with experience in public accounting or fund accounting who are looking to transition into real estate finance are encouraged to apply.
Cash Management
Lead coordination with Asset Management and Syndications to plan upcoming capital calls, ensuring alignment across teams
Draft and prepare investor capital call requests to support timely fund execution
Partner with Accounting to draw on bridge lines as needed
Manage monthly cash positions and prepare reconciliations to maintain accurate fund performance
Year-End Reporting
Review lower-tier partnership tax returns and audit reports to support compliance and accuracy
Update project-level financial models on a quarterly and annual basis
Assist fund auditors during preliminary and year-end fieldwork
Investor Reporting
Generate and post monthly journal entries for assigned fund entities
Assist with preparation and analysis of quarterly investor reports, including:
Fund benefit schedules
Project benefit schedules
Fund and project-level summary reports
Cash reserve projections
Fund financial statements
Investor narratives highlighting key features and performance drivers
Quarterly investor yield calculations
Closings
Review the adequacy of partnership accountant expertise and capacity
Research and calculate applicable state taxes for funds and related entities
Review draft Limited Partnership Agreements
Develop and maintain post-closing financial models for new lower-tier partnerships
Additional Responsibilities
Maintain and populate data within tax credit software systems
Create and implement custom reporting to enhance team efficiency and insights
Prepare internal reports for senior management and internal control purposes
Support special projects and broader team initiatives as needed
Requirements
Bachelor’s degree in Accounting, Finance, or a related business field
Minimum of two years of relevant experience preferred (LIHTC, affordable housing, or public accounting experience strongly preferred)
Strong communication skills with the ability to interact effectively with investors, lenders, developers, and internal partners
Ability to collaborate across departments with both financial and non-financial stakeholders
Strong organizational skills with the ability to prioritize and manage multiple responsibilities
Proficiency in Microsoft Office Suite, with advanced skills in Excel and Word
Willingness to work extended hours during peak reporting periods
Core Competencies
Excellent oral and written communication skills
Ability to work effectively in a team-oriented environment
Initiative, proactiveness, and accountability
Strong organizational and multitasking abilities
Analytical thinking and problem-solving skills
Flexibility and adaptability in a dynamic environment
Ability to handle sensitive and confidential information with discretion
Ability to interact effectively with employees and leadership at all levels
Our Values
We work as a family, investing in each other, worthy causes, and the communities we serve.
We have integrity in all that we do; we embrace differences and treat others with kindness and respect.
We believe that, with teamwork, we can accomplish anything and pursue inventive solutions for our clients.
At CREA, we offer competitive compensation and a comprehensive benefits package in support of our employees and their families.
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Physical Presence:
In-Office | Tue – Thu; Flexible | Mon & Fri
Open to:
Indianapolis, IN
Reports to:
Senior Vice President, Fund Management
Responsibilities
We are seeking a detail-oriented Fund Analyst who is interested in building expertise in fund management and the LIHTC and affordable housing industries. In this role, you will support the management of a portfolio of CREA Tax Credit Funds by tracking fund activity and preparing financial analyses and materials for senior leadership and investors.
This position is well-suited for someone who enjoys working with financial data, collaborating across teams, and gaining exposure to investor reporting and fund operations. Candidates with experience in public accounting or fund accounting who are looking to transition into real estate finance are encouraged to apply.
Cash Management
Lead coordination with Asset Management and Syndications to plan upcoming capital calls, ensuring alignment across teams
Draft and prepare investor capital call requests to support timely fund execution
Partner with Accounting to draw on bridge lines as needed
Manage monthly cash positions and prepare reconciliations to maintain accurate fund performance
Year-End Reporting
Review lower-tier partnership tax returns and audit reports to support compliance and accuracy
Update project-level financial models on a quarterly and annual basis
Assist fund auditors during preliminary and year-end fieldwork
Investor Reporting
Generate and post monthly journal entries for assigned fund entities
Assist with preparation and analysis of quarterly investor reports, including:
Fund benefit schedules
Project benefit schedules
Fund and project-level summary reports
Cash reserve projections
Fund financial statements
Investor narratives highlighting key features and performance drivers
Quarterly investor yield calculations
Closings
Review the adequacy of partnership accountant expertise and capacity
Research and calculate applicable state taxes for funds and related entities
Review draft Limited Partnership Agreements
Develop and maintain post-closing financial models for new lower-tier partnerships
Additional Responsibilities
Maintain and populate data within tax credit software systems
Create and implement custom reporting to enhance team efficiency and insights
Prepare internal reports for senior management and internal control purposes
Support special projects and broader team initiatives as needed
Requirements
Bachelor’s degree in Accounting, Finance, or a related business field
Minimum of two years of relevant experience preferred (LIHTC, affordable housing, or public accounting experience strongly preferred)
Strong communication skills with the ability to interact effectively with investors, lenders, developers, and internal partners
Ability to collaborate across departments with both financial and non-financial stakeholders
Strong organizational skills with the ability to prioritize and manage multiple responsibilities
Proficiency in Microsoft Office Suite, with advanced skills in Excel and Word
Willingness to work extended hours during peak reporting periods
Core Competencies
Excellent oral and written communication skills
Ability to work effectively in a team-oriented environment
Initiative, proactiveness, and accountability
Strong organizational and multitasking abilities
Analytical thinking and problem-solving skills
Flexibility and adaptability in a dynamic environment
Ability to handle sensitive and confidential information with discretion
Ability to interact effectively with employees and leadership at all levels
Our Values
We work as a family, investing in each other, worthy causes, and the communities we serve.
We have integrity in all that we do; we embrace differences and treat others with kindness and respect.
We believe that, with teamwork, we can accomplish anything and pursue inventive solutions for our clients.
At CREA, we offer competitive compensation and a comprehensive benefits package in support of our employees and their families.
#J-18808-Ljbffr