Sr. Multifamily Property Accountant

Sr. Multifamily Property AccountantEmpire 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. The Company is a recognized leader in energy efficiency and indoor environmental quality. As of June 30, 2026, ESRT's portfolio is comprised of approximately 7.5 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 743 residential units.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.Responsibilities:Responsible for month-end close/reconciliation of Accounts Receivable, Accounts Payable and other sub-ledgersReview expense coding and amounts to determine accuracy and provide guidance to property managementPrepare monthly internal/external reportsCreate and determine correct monthly journal entries including period-end accruals and reservesReview management operating expense/contract accruals and provide guidance when necessaryPrepare utility accruals (determine method and provide support calculations)Meet with property managers to discuss and determine proper accounting treatments for operating activities and fixed assetsCalculate bad debt provisions and determine if adjustment is necessary for month-end closeCalculate and prepare proper intercompany transfers of fundsPerform account reconciliations, roll forwards, and prepare supporting schedulesConfirm expenditures are accurately expensed or capitalized per ESRT's policyComplete monthly bank reconciliationsRecord mortgage payment including interest rate swap activity and confirm escrow account balances on trial balance tie to lender's activityReview cash balances and cash needs for the applicable property to fund, as needed, operating expenses, construction projects, and mortgage paymentsProvide support/explanations for annual property auditsPrepare annual governmental filings, including the TC201 and RPIEAssist in various quarterly ESRT consolidated reporting functions, including answering variance questions and verifying fixed asset additions and disposalsAssist in the preparation of draw requests for submission to lenderPrepare reporting packages to comply with lender reporting requirementsReview annual budgets from an accounting perspective, including ensuring expenditures are coded to the correct G/L and comparing budget to historicalProvide support for sales tax auditsAssist with properties outside of the REIT that ESRT managesLead and participate with ad-hoc projectsWhat Success Looks Like:Timely close of monthly books and taking ownership over your workpapersBuild and maintain relationships with property managersDevelop full understanding of performance of assigned properties, including non- financial aspectsProvide recommendations to address accounting issues at propertyRequired Skills / Abilities:Proficient in accounting systems, Yardi Systems is a plusProficient in Microsoft Office, with strong skills in ExcelStrong communication skillsStrong analytical skillsCertifications such as CPA or CMA a plusEducation & Experience:BA/BS degree in AccountingMinimum of four years accounting experience; public accounting preferredReal estate experience; multifamily experience is preferredPhysical Requirements:Prolonged periods of sitting at a desk and working on a computerMust be able to lift up to 15 pounds at timesWhat You Can Expect: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:Adaptable – you are a self-starter who's able to quickly digest and execute new processes to work both collaboratively and independentlyDynamic – you are solutions-oriented, aim to improve processes and implement efficiency, and offer insightful feedback to improve ESRTDependable – you take a strong sense of ownership and accountability over your workPassionate – you keep up with industry trends and are excited about the potential to propel the industry forward with a "roll-up-your-sleeves" attitudeCurious – you consistently look for new ways to work smarter, not just harderEthical – you treat others with respect, act with integrity in how you perform your work, and embrace our collaborative culturePositive – you possess a service-oriented attitude with excellent follow throughBenefits:Competitive base salary and bonusHealth/Dental/Vision insuranceCompany sponsored Life, AD&D, STD (with Salary Continuation), and LTD InsuranceVoluntary Enhanced LTD ProgramVoluntary Hospital, Accident, and Cancer Programs401(k) with 100% match up to 5%Paid parental leavePre-tax transit accountsEmployee Assistance Program for emotional, financial, and legal supportWell-Being:Generous paid time offFlex Summer FridaysEmployee engagement programsVolunteer time offContinuing educationComplimentary Empire State Building Observatory accessComplimentary gym membership and other wellness benefitsEmployee Discount Programs$110,000 - $125,000 a yearESRT is an equal opportunity employer and is committed to providing a workplace free from harassment and discrimination. We celebrate the unique differences of our employees because they drive curiosity, innovation, and the success of our business. We do not discriminate based on race, religion, color, creed, national origin, sex, sexual orientation, gender identity or expression, reproductive choices, age, marital status, veteran status, disability status, pregnancy, parental status, caregiver status, genetic information, political affiliation, or any other status protected by the laws or regulations in the locations where we operate. This policy applies to all aspects of employment, including hiring, promotion, demotion, compensation, training, working conditions, transfer, job assignments, benefits, layoff, and termination. Reasonable accommodations that do not create an undue hardship for the Company are available for applicants and employees with disabilities or sincerely held religious beliefs.