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Intern, Fund Management (Spring 2022)

  • Reports To
    Vice President, Fund Management
  • Location
    Indianapolis, IN
  • Date
    January - April 2022

Status: Part-Time or Full-Time 20-40 hours/week
Physical Presence: Hybrid (In office Tue/Wed or Tue/Thu)
Employer: Private Organization 100+ Employees

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. As CREA celebrates 20 years in business, over $7.8 billion has been raised, contributing to the formation of over 66,000 homes within 730 properties. Approaching 140 employees, we continue to look for talented and passionate individuals who are excited about opportunities to grow with into the future.

Position Summary:

This is a part- or full-time seasonal position with CREA, LLC (CREA), lasting approximately 15 weeks during the late winter and early spring. The candidate will assist in performing the following duties for the Fund Management Department:

Primary Responsibilities:

  • Gather data and statistics to provide financial analysis of partnerships and Funds
  • Prepare portions of quarterly investor reports
  • Update tax credit asset management software with overview data and key information on Funds and Investors
  • Review financial statement audits and tax returns for conformity to projections
  • Aid in managing workflow of the department and tracking tasks and progress
  • Other project-related activities as driven by CREA’s business needs

Effective associates will gain experience in understanding operating projections within the real estate environment, reviewing audited financial statements and tax returns, and managing departmental processes and workflow. The associate will also be introduced to the fundamentals of the Low-Income Housing Tax Credit (LIHTC) industry and advanced partnership taxation concepts.

Requirements:

Requires Junior or Senior standing towards a bachelor’s undergraduate degree, preferably in Finance, Accounting, or other business-related field. Candidate must be proficient in Microsoft Word, Excel, and PowerPoint. Must possess and be able to demonstrate effectiveness with each of the following Key Attributes. Will become familiar with other databases and other research resources during their tenure of employment.

Key Attributes:

  • Thorough analytical and interpersonal skills
  • Excellent oral and written communication skills
  • Proactive research and problem-solving skills
  • Ability to effectively manage and administer sensitive and confidential information
  • Initiative and the ability to work with little guidance & supervision

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.

Apply here>>>