Fund Analyst, Fund Management

Crea•Indianapolis, IN

17h•Hybrid

About The Position

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 1059 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. 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.

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
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

Responsibilities

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
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
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
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
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