Jobs and Careers

Sr. Multifamily Property Accountant

New York City, United Statesfull_timeVerifiedPosted 9 Jun 2026

About the role

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.

POSITION SUMMARY

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-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.
Record mortgage payment including interest rate swap activity and confirm escrow account balances on trial balance tie to lender’s activity.
Review cash balances and cash needs