Fairfield Residential
Real estate investment, development, and management focused on residential communities.
Perform investment accounting tasks, reconciliations, reporting, and audit support for multifamily funds.
10 days ago
$30 - $33
Junior (1-3 years)
Full Time
San Diego, California, United States
Hybrid
Company Size
500 Employees
Service Specialisms
Property Development
Construction Services
Project Management
Design
Consulting
Sector Specialisms
Multifamily Real Estate
Sustainable Communities
Affordable Housing
Resident Services
Social Assistance
Education Services
Health and Wellness Programs
Activity Coordination
Role
Description
bank reconciliation
period close
fund consolidation
financial statements
performance reporting
audit support
Key duties include managing reconciliations, supporting period‑end close processes, consolidating fund data, processing equity transactions, preparing financial statements, generating performance reports, assisting with audits, handling accounts payable, and completing various ad‑hoc projects.
- Collaborative communication with employees, management, and external clients
- Prepare monthly bank and account reconciliations
- Assist with monthly, quarterly, and year‑end close procedures
- Perform monthly fund consolidation and equity batch transactions for investor contributions and distributions
- Prepare consolidated GAAP, market‑value, and IFRS financial statements for lenders and investors
- Generate fund performance reports such as time‑weighted return (TWR) and internal rate of return (IRR)
- Support financial audits and compile work papers for external auditors
- Record journal entries and process fund accounts payable
- Prepare subscription facility borrowing requests, capital calls, and distribution processing
- Produce lender compliance reports
- Execute other ad‑hoc projects as assigned
Requirements
bachelors
cpa
accounting experience
microsoft office
real‑estate
detail‑oriented
The Staff Accountant I – Investment Accounting & Reporting role is a hybrid position with remote work on Monday and Friday and on‑site work Tuesday through Thursday. Candidates must live within commuting distance of the corporate office in Sorrento Valley, San Diego, CA.
The position requires a strong foundation in accounting principles and the ability to meet tight deadlines in a fast‑paced corporate setting.
- Bachelor’s degree in Accounting, Finance, or equivalent experience
- CPA designation (preferred)
- Minimum 1 year of relevant accounting experience in a corporate environment
- Public accounting experience (a plus)
- Real‑estate or investment accounting experience (strong plus)
- Strong understanding of accounting theory and cash‑flow reconciliations
- Proficiency with Microsoft Office applications
- Highly detailed, organized, and a strong team player
- Ability to prioritize workload, meet deadlines, and work independently with minimal supervision
Benefits
The position is non‑exempt with an hourly rate of $30‑$33, determined by skills, experience, location, and job complexity. Fairfield offers a comprehensive benefits package that includes paid time off, holidays, sick days, volunteer time off, a matched 401(k), medical/dental/vision coverage, a flexible spending account, and life insurance.
- Competitive hourly wage $30‑$33 (non‑exempt)
- Paid time off, holidays, sick days, and optional volunteer time off
- 401(k) plan with employer match
- Medical, dental, and vision insurance
- Flexible spending account and life insurance
- Opportunities for internal promotion, extensive training, and professional development
- Participation in Fairfield’s Living Green program and work in LEED‑certified communities
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
- criminal history may affect eligibility and job duties, requiring background check compliance.
Company
Overview
- Founded with a vision to create exceptional residential communities across the country.
- Specializes in real estate investment, development, and property management with a focus on residential properties.
- Has a strong presence in the U.S. real estate market, operating in numerous key urban and suburban locations.
- Acquires and develops multifamily residential properties, ensuring high standards of design and quality.
- Over the years, has become known for creating livable, sustainable communities that enrich the lives of their residents.
- Recent projects include modern residential buildings that cater to diverse lifestyles, offering luxury amenities.
- Partners with leading financial institutions to fund and manage a diverse portfolio of properties.
- Stands out for its innovative approach to urban living, with a keen eye on community integration and sustainability.
Culture + Values
- We do the right thing, even when it's not the popular thing.
- We treat our clients, partners, customers, and associates with dignity and respect.
- We are motivated, energized and act with conviction.
- We do what we say we are going to do.
- We are open and honest in all we do.
- We operate with a purpose: partnership for the long term, in an open-dialogue environment encouraging ideation and growth.
Environment + Sustainability
2006 LEED Gold
Sustainability Milestone
Achieved first LEED Gold certification, a significant accomplishment in green building design.
- Formal ESG strategy launched with Living Green® program since 2007.
- Continued property-level sustainability certifications through LEED and ENERGY STAR® initiatives.
- Conducts environmental action cycle every 3 years, focusing on reducing energy consumption, upgrading appliances, and implementing water conservation measures.
- Features at communities include water bottle refill stations, WaterSense aerators, high-efficiency washers, leak detection systems, low-flow fixtures, and timed water features.
- Additional eco-measures include faucet aerators, water recycling for irrigation, reclaimed water use, irrigation audits, onsite recycling, recycled-paper products, green paper towels, battery disposal, recycled/material carpet, bike storage, EV charging stations, and rental bikes.
- Tracking ESG metrics via a utility scorecard as of December 31, 2023.
Inclusion & Diversity
2021
Committee Established
Year the company formalized its Diversity, Equity & Inclusion committee.
10+ Years
Employee Tenure
Average tenure of employees reflecting strong retention rates.
- LinkedIn/Glassdoor reports: culture centered on integrity, mutual respect, transparency, trust; welcoming, collaborative environment; open‑door leadership; promotes from within.
- Employee reviews cite strong career development opportunities, accessible leadership, associate referrals, volunteer time off and wellness days.
- No publicly disclosed gender breakdown or specific numeric statistics were found.