Fund Analyst

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.  

Physical Presence: In-Office | Tue – Thu; Flexible | Mon & Fri

Open to: Indianapolis, IN

Reports to: Senior Vice President, Fund Management

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.

What You'll Do: 

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.