Intern - Accounts Payable + Accounts Receivable

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns and manages a portfolio of more than 27,000 apartments across 28 states. As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform to deliver high-quality affordable housing that serves our residents at scale.

At Fairstead, we believe affordable housing should be thoughtfully designed, professionally managed, and responsibly operated. We seek to create and preserve housing that serves residents while delivering long-term value to communities, partners, and stakeholders. Fairstead challenges industry norms through our tech-forward, entrepreneurial approach to affordable housing. In addition to core real estate capabilities, we operate innovative service lines designed to improve resident outcomes, strengthen communities, and drive operational efficiency. We embrace digital transformation, data-driven decision-making, and emerging technologies, including AI, to build scalable systems that support sustainable growth, grounded in a culture of entrepreneurship, innovation, partnership, dedication, and integrity.

Fairstead is seeking an Accounts Receivable / Accounts Payable (AR/AP) Intern to join our Finance Team for the summer. This internship offers hands-on exposure to day-to-day accounting operations within a dynamic and fast-paced real estate environment. The intern will work closely with the accounting team to support AR/AP functions, gain insight into financial systems and processes, and develop practical accounting skills. This is an excellent opportunity for students interested in pursuing a career in accounting or finance.

Responsibilities

• Assist with accounts payable processing, including invoice review, coding, and data entry.


• Support accounts receivable activities such as tracking payments, applying cash receipts, and resolving discrepancies.


• Perform vendor and customer account reconciliations to ensure accuracy and completeness.


• Assist with month-end close activities related to AR/AP, including reconciliations and supporting schedules.


• Help maintain accurate vendor and customer records in accounting systems.


• Respond to internal and external inquiries related to invoices, payments, and account balances.


• Assist with ad hoc financial reports and analysis as requested by the accounting team.


• Collaborate with internal departments to ensure timely and accurate financial information.

Requirements

• Currently pursuing a Bachelor’s degree in Accounting, Finance, or a related field.


• Basic understanding of accounting principles, particularly related to AR and AP.


• Proficiency in Microsoft Excel, including basic formulas; familiarity with Pivot Tables or VLOOKUP is a plus.


• Strong attention to detail and organizational skills.


• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.


• Strong written and verbal communication skills and a willingness to collaborate across teams.


• Interest in gaining hands-on experience in accounting operations within a real estate or corporate setting.

Please note, this internship will be on site at our NYC Headquarters from June 1st 2026 - July 24th 2026

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.