Senior Multifamily Property Accountant

Job Description

Overview

COMPANY SUMMARY

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT’s flagship Empire State Building, the “World's Most Famous Building,” features its iconic Observation Deck, ranked the #1 Top Attraction in New York City for the fifth consecutive year in Tripadvisor’s 2026 Travelers’ Choice Awards: Best of the Best Things to Do. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of March 31, 2026, ESRT’s portfolio is comprised of approximately 8.0 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook , Instagram , TikTok , X and LinkedIn .

The dedicated team at ESRT is a collection of diverse individuals with a shared passion for excellence and a keen eye toward future growth. Headquartered in New York City, we harness the energy of the city in everything we do. We care for one another, work hard, and have a lot of fun doing it! We are Certified™ as a Great Place to Work® by the global authority, Great Place to Work®, on workplace culture, employee experience, and leadership behaviors. We prioritize and invest in the health and wellness of employees to attract, develop, and retain top-tier talent. ESRT values continuous employee development and encourages colleagues to excel in their roles and adapt to emerging business needs. From our crown jewel, The Empire State Building, to incredible buildings modernized for the 21st century, to outstanding customer service, and our decade-long leadership position in sustainability and energy efficient portfolio that is 100% fully powered by renewable wind electricity, we take pride in our work. ESRT seeks an equally passionate colleague to join the team, understand the vision and help achieve that vision.

The Sr. Multifamily Property Accountant will support the accounting and financial reporting functions for the multifamily residential portfolio. This role will report to the Multifamily Accounting Manager and is responsible for the full-cycle property accounting process, including month-end close, financial reporting, account reconciliations, budgeting support, lender reporting, and audit preparation.

The ideal candidate will possess strong technical accounting knowledge, a collaborative approach to working with property management teams, and the ability to analyze financial results to ensure the accuracy and integrity of property-level financial reporting. This position plays a key role in maintaining compliance with company policies, lender requirements, and regulatory reporting obligations while contributing to process improvements and special projects across the multifamily portfolio.

Timely close of monthly books and taking ownership over your workpapers

Build and maintain relationships with property managers

Develop full understanding of performance of assigned properties, including non- financial aspects

Provide recommendations to address accounting issues at property

At ESRT, like our tenants, our employees come from everywhere. We foster a collaborative work environment that captures top talent and cultivates the best ideas. As a Great Place to Work® Certified employer, we are committed to maintaining our positive work culture where employees are engaged and can grow and develop. In addition, ESRT employees embody our Company Culture & Success Factors -

Dynamic – you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRT

Dependable – you take a strong sense of ownership and accountability over your work

Passionate – you keep up with industry trends and are excited about the potential to propel the industry forward with a “roll-up-your-sleeves” attitude

Curious – you consistently look for new ways to work smarter, not just harder

Ethical – you treat others with respect, act with integrity in how you perform your work, and embrace our collaborative culture

Positive – you possess a service-oriented attitude with excellent follow through

Generous paid time off

Flex Summer Fridays

Employee engagement programs

Volunteer time off

Continuing education

Complimentary Empire State Building Observatory access

Complimentary gym membership and other wellness benefits

Employee Discount Programs

Responsibilities

Responsible for month-end close/reconciliation of Accounts Receivable, Accounts Payable and other sub-ledgers.
Review expense coding and amounts to determine accuracy and provide guidance to property management.
Prepare monthly internal/external reports.
Create and determine correct monthly journal entries including period-end accruals and reserves.
Review management operating expense/contract accruals and provide guidance when necessary.
Prepare utility accruals (determine method and provide support calculations).
Meet with property managers to discuss and determine proper accounting treatments for operating activities and fixed assets.
Calculate bad debt provisions and determine if adjustment is necessary for month-end close.
Calculate and prepare proper intercompany transfers of funds.
Perform account reconciliations, roll forwards, and prepare supporting schedules.
Confirm expenditures are accurately expensed or capitalized per ESRT’s policy.
Complete monthly bank reconciliations.

Qualifications

Prolonged periods of sitting at a desk and working on a computer
Must be able to lift up to 15 pounds at times
Adaptable – you are a self-starter who’s able to quickly digest and execute new processes to work both collaboratively and independently

Preferred Qualifications

Proficient in accounting systems, Yardi Systems is a plus
Proficient in Microsoft Office, with strong skills in Excel
Strong communication skills
Strong analytical skills
Certifications such as CPA or CMA a plus
BA/BS degree in Accounting
Minimum of four years accounting experience; public accounting preferred
Real estate experience; multifamily experience is preferred

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