$1,000 First-Year Bonus

Our Company

At Fairfield, we are proud to be a leader in the multifamily housing industry. We are passionate about creating exceptional and luxurious apartment living. Among the most experienced multifamily companies, Fairfield has developed and acquired over 1000 communities since 1985.  We are an award-winning company that proudly employs over 1,400 associates who are dedicated to serving our customers at our apartment communities located in over 30 markets nationwide.

Being a part of Fairfield means more than a rewarding career with personal growth. It’s a partnership for the long term, working alongside colleagues in an open-dialogue environment that encourages growth and the sharing of ideas. We know that our associates are a key ingredient to our success, and we’re proud to reflect that in our culture. This position will be assigned to two of our Affordable communities in the Durham, NC area.

Job Summary

The position is responsible for overseeing community accounting and reporting functions, including compliance with housing authority regulations, rent changes, collections, and ledger adjustments. Key duties involve managing relationships with local housing authorities, coordinating inspections, tracking subsidy providers, and ensuring timely follow-up on unit abatements and rent allocations. The role also includes financial auditing, variance analysis, and participating in special projects as assigned.

Education/Certificates

• High school diploma

• LIHTC and/or HUD Designation(s) preferred

• BA or BS preferred but may be made up with experience

Experience

• Must have a minimum of 4 years’ experience in Property Management Operations

• Affordable Housing experience preferred

Skills, Knowledge & Abilities

• Knowledge of Yardi Voyager 7S, Yardi Affordable preferred

• Basic understanding of LIHTC and HUD Compliance

• Communicate effectively and possess strong business writing skills

• Proficient in Microsoft Office applications

• Comprehensive knowledge of Yardi Voyager including but not limited to Rent Café, CRM

• Excellent organization and time management skills

• Must be able to work independently and with minimal supervision and make sound business decisions as it relates to policies and procedures

• Strong knowledge of bookkeeping/accounting principles

• Ability to analyze data and generate relevant reports

• Multi-family housing industry knowledge required

Essential Duties

• Maintain community accounting and reporting needs that may include but not limited to: project and compliance rules, payments, rent changes, bank reconciliation, aged receivable audits, collections, subsidy providers, payables, ledger adjustments, unit inspections and abatements, housing authority liaison

• Manage relationship with the local housing authority

• Review local housing authority website daily to ensure we are tracking all upcoming inspections

• Send out and follow up on all renewal letters for both residents and local housing authority.

• Update and review all changes in rent allocations for residents and housing authority

• Audit, review, and correct ledgers to ensure all accounts are accurate.

• Establish weekly meetings with on-site team to follow up on pending inspections, re-inspections, and any inspection failures.

• Communicate daily with on-site maintenance and create work orders for all inspections immediately upon awareness and track the work orders through the entire inspection process to ensure units do not go into abatement.

• Assist with self-certifications as needed for compliance.

• Track status of HCVs and send necessary communication to the residents

• Post monthly consolidated receipts

• Report all units that are at risk of going into abatement to Regional Manager and Property Manager prior to the abatement date

• Write offs for past HAP credits and charges in accordance with company policy.

• Review financials and research unusual variances at the direction of a Regional Manager/Regional Vice President/Vice President

• Participate in special projects as directed by Regional Vice President/Vice President upon request.

• Complete company required training by established deadline

• Comply with all Fairfield standards, applicable health and safety rules and regulations, as well as applicable local, state and federal laws

• Any other duties or responsibilities that may be assigned 

*The First-Year Bonus, less usual deductions, will be divided into two equal payments: the first payment following the completion of 90 days of employment, and the second payment following the completion of 1 year of employment.

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Estimated Rate of Pay:

$75,000.00 - $80,000.00

This position is exempt; the range above reflects annual salary.

The pay range displayed for this position is determined by skills and experience required, location and job complexity*. Potential job offers may vary based on the skills, education, and experience an individual candidate holds. This range reflects base rate only, and does not include allowances, perks, commissions or bonuses applicable to this position (if any). In addition to base salary, Fairfield offers all full time associates the following, upon meeting eligibility requirements: 

• Paid time off, paid holidays and sick days, paid time off for volunteering activities (optional) 
• Matched 401(k) 
• Medical, dental & vision insurance 
• Flexible spending account 
• Life insurance 

* Pay range is a calculation based on a midpoint price. Fairfield complies with all wage and hour laws, including minimum wage and salary exempt requirements.