Junior Accountant

Job Description

Junior Accountant | Fairstead

The Tone:
This is a full-time role at Fairstead, located in New York, NY. Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country, owning and managing a portfolio of more than 30,000 apartments. As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform. This role is crucial for supporting the company’s financial operations, including full-cycle accounting, cash and treasury operations, and financial reporting, across a portfolio of affiliated entities. The Junior Accountant ensures day-to-day bookkeeping and reconciliations are accurate, supports month-end closing, helps manage banking and cash movement, and assists with tax and regulatory filings under the guidance of senior finance staff.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, New York, NY
• Pay: $60000–$90000 yearly
• Team: Reports to senior finance staff
• Mission: Supports full-cycle accounting, cash and treasury operations, and financial reporting across a portfolio of affiliated entities.
• Tech Stack: QuickBooks, Expensify, NetSuite, Bill.com, Yardi, Smartsheet

What You’ll Actually Do
• Financial Closing Support: Support month-end and year-end close across multiple entities, including recording general ledger activity, verifying accruals, confirming intercompany eliminations tie out, booking amortization and prepaid expense entries, and identifying discrepancies to resolve.
• Tax & Regulatory Filings: Assist with tax preparations and state compliance filings, including communication with tax preparer for federal and state annual returns, quarterly and annual state and local tax filings, and managing annual state registration and franchise fee filings.
• Accounts Payable Processing: Perform key accounts payable actions in Bill.com, including inputting, coding, and allocating invoices, onboarding vendors, and assisting with 1099 reporting and filing.
• Employee Expense Review: Review employee corporate credit card and personal expense reimbursements submitted through Expensify, ensuring receipts and invoices provided are in line with policy and that credit cards are reconciled on a timely basis.
• Treasury Operations: Assist with monitoring daily cash positions, supporting bi-weekly payroll funding across multiple entities, processing weekly payment runs, checks, and bill disbursements, and help prepare liquidity reports for management review.

The Must-Haves
• Background: Bachelor’s degree in accounting, Finance, or a related field. Entry-Level.
• Experience: 0–2 years of relevant accounting experience, with familiarity with QuickBooks and Expensify, NetSuite, or Bill.com preferred.
• Skills: Solid foundational reconciliation and bookkeeping skills, high attention to detail, good communication skills for coordinating with entity stakeholders, and advanced Excel skills.
• Bonus: Exposure to Yardi and experience with Smartsheet.