Asset Manager, Stabilized LIHTC Portfolio

CREA, LLC; Indianapolis (IN); On-site; USD 70,000 - 110,000; Full time

Job summary

CREA, LLC is seeking an Asset Manager - Stabilized in Indianapolis to oversee LIHTC properties within the Stabilization phase. The role requires monitoring partnerships, managing cash flows, and coordinating with investors and operating partners.

The ideal candidate has a finance/real estate background with 2+ years in asset management, strong Excel skills, and the ability to communicate with senior management. In-office presence is required Tue–Thu with some flexibility.

Qualifications

• Bachelor's degree in Finance, Accounting, Real Estate or related field.
• Minimum two years in asset management, accounting, or multifamily affordable housing.
• Proficient with Microsoft Office; strong Excel abilities required.
• Excellent communication and ability to interact with senior management and partners.

Responsibilities

• Maintain knowledge of each property in the portfolio and monitor LIHTC assets through stabilization and 15-year compliance.
• Prepare monthly, quarterly, and annual financial reporting; analyze statements and cash flows.
• Coordinate with partners, investors and CREA Portfolio on ongoing monitoring and updates.
• Oversee site visits and ensure corrective actions follow through; travel up to 10 weeks annually.
• Ensure compliance with partnership agreements and Section 42 LIHTC requirements.

Skills

Financial analysis

Asset management

Communication skills

Attention to detail

Multitasking

Education

Bachelor's degree in Finance/Accounting/Real Estate

Tools

Excel

Microsoft Word

Job description

CREA, LLC is seeking an Asset Manager - Stabilized in Indianapolis to oversee LIHTC properties within the Stabilization phase. The role requires monitoring partnerships, managing cash flows, and coordinating with investors and operating partners.

The ideal candidate has a finance/real estate background with 2+ years in asset management, strong Excel skills, and the ability to communicate with senior management. In-office presence is required Tue–Thu with some flexibility.