Fund Analyst, Fund Management at CREA, LLC

Indianapolis, Indiana, United States -

Full Time

Start Date

Immediate

Expiry Date

01 May, 26

Salary

0.0

Posted On

31 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Finance, Communication, Organization, Attention To Detail, Microsoft Office, Excel, Analytical Skills, Problem-Solving, Teamwork, Confidentiality, Investor Relations, Cash Management, Reporting, Tax Credit Software, Financial Modeling

Industry

Real Estate

Description

Description 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 nearly 25 years in affordable housing, CREA has raised $13.5 billion, resulting in the formation of over 97,500 homes within 958 communities across the country. Thanks to the contributions of over 135 employees, CREA continues to seek talented and passionate individuals who are excited about opportunities to grow with us in the future. We are looking to add a talented Fund Analyst to the Fund Management department in the Indianapolis CREA office. Physical Presence: In-Office | Tue – Thu; Flexible | Mon & Fri Open to: Indianapolis, IN Reports to: Senior Vice President, Fund Management CREA is seeking a Fund Analyst to join our Fund Management team. This role is responsible for monitoring, managing, and tracking financial activity for a portfolio of tax credit funds, as well as preparing analyses and materials for Senior Analysts and Vice Presidents that are shared with investors. This position offers exposure to all phases of fund operations and the opportunity to build deep expertise within the LIHTC space. Key Responsibilities Cash Management Coordinate with Asset Management and Syndication to plan upcoming capital calls Prepare investor capital call requests Partner with Accounting to draw on bridge lines as needed Manage monthly cash positions and perform reconciliations Year-End Reporting Review lower-tier partnership tax returns and audits Update project-level financial models quarterly and annually Support fund auditors during preliminary and year-end fieldwork Investor Reporting Generate and post monthly journal entries for assigned fund entities Assist with the preparation and analysis of quarterly investor reports, including: Fund and project benefit schedules Fund- and project-level summary reports Cash reserve projections Fund financial statements Investor narratives highlighting key fund features Quarterly investor yield calculations Closings Review partnership accountant capacity and expertise Research and calculate applicable state taxes Review draft Limited Partnership Agreements Develop and maintain post-closing financial models for new partnerships Additional Responsibilities Maintain and analyze data within tax credit software Create and implement custom reporting Prepare internal reports for senior management and internal controls Participate in special projects as needed Requirements Qualifications Bachelor’s degree in Accounting, Finance, or a related business field Two or more years of relevant experience preferred, particularly in LIHTC, affordable housing, or public accounting Strong communication skills with the ability to interact effectively with investors, lenders, developers, and internal partners High level of organization, attention to detail, and ability to manage multiple priorities Proficiency in Microsoft Office, with advanced Excel skills Willingness to work overtime during peak reporting periods Core Competencies Clear and effective written and verbal communication Strong analytical and problem-solving skills Initiative, accountability, and adaptability Ability to work collaboratively in a team environment Professional discretion when handling confidential information Comfort working with stakeholders at all levels of the organization At CREA, we offer competitive compensation and a comprehensive benefits package in support of our employees and their families. Work Authorization: Candidates must have current authorization to work in the U.S. This role does not provide visa sponsorship now or in the future.

Responsibilities

The Fund Analyst is responsible for monitoring and managing financial activity for a portfolio of tax credit funds, as well as preparing analyses for Senior Analysts and Vice Presidents. This role offers exposure to all phases of fund operations within the LIHTC space.