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 Observatory, ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor’s 2025 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 December 31, 2025, ESRT’s portfolio is comprised of approximately 7.9 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,
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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 Multifamily Accounting Manager is responsible for overseeing the accounting and financial reporting of each property within ESRT’s multifamily property portfolio. This person will also be an instrumental person in shaping our accounting processes as we further build out our multifamily platform. This position requires a self-starter with strong analytical skills, relevant multifamily accounting experience, and the ability to work well within multiple teams. A successful candidate will have recent work experience as a manager in multifamily and NYC affordable housing and this position will report to Controller, Multifamily and Managed Assets.
RESPONSIBILITIES
Oversee and review the monthly reporting process and the packages submitted by the property accountants for the multifamily properties, including the following (while the Multifamily Accounting Manager will, for the most part, be reviewing information and schedules prepared by the property accountants, where applicable, the Multifamily Accounting Manager may be the preparer of certain schedules and reports)Supervise property accountants and provide leadership, coaching, and review work performedAssist property accountants in close procedures and other time sensitive tasks as requiredIntegrate with property management to ensure they have access to timely and accurate information while also coaching the property management team to utilize Yardi and related systems in a way which allows efficient processing by the property accounting teamAnalyze closing workpapers to validate trial balance support and accuracyEvaluate variance reporting packages and identify key drivers and discrepanciesOversee account reconciliations, roll forwards, and supporting schedules to ensure completeness and accuracyApprove and provide oversight of monthly journal entries, including period-end accruals and reversalsValidate operating expense, contract, and utility accrual calculationsMonitor and reconcile security deposit activityEnsure proper expense coding and accurate recording of transactionsPrepare certain quarterly reporting schedules and deliverablesReview and approve invoices and corresponding G/L codingIdentify issues, trends, bottlenecks, and efficiency opportunities; recommend and implement process improvementsSeek out inconsistencies and standardize best practices across portfolioChallenge status quo of work performed and strive to concentrate team’s time on most value-add activitiesOversee and provide support schedules and documents for internal and external audits and for annual preparation of the TC201s and RPIEsAssist with the annual budget preparationDevelop a complete understanding of Yardi software (Voyager and Rent Café) and other residential softwareLead accounting transition and implementation for any multifamily assets we may acquire and serve as the property accountant for such properties until a multifamily property accountant is assigned or hiredCoordinate with HR on hiring process and related decisions to build out our multifamily accounting support teamEnsure internal controls are being adhered to and provide recommendations on improvementsComplete ad hoc projectsAssist in the review of financial reporting on assets excluded from the REIT portfolio
WHAT SUCCESS LOOKS LIKE
Lead, train, and develop the property accounting team to drive performance and accountabilityDemonstrate a commitment to excellence by delivering high-quality work and meeting all monthly and quarterly close deadlines, scheduled deliverables, and project milestonesServe as a reliable and trusted leader within the accounting department and a dependable partner to cross-functional teamsExhibit a thorough understanding of multifamily and affordable housing accounting processes and internal controlsBuild and maintain strong cross-functional relationships while effectively communicating (oral and written) with the Controller, Multifamily and Managed Assets and VP, Head of Property Accounting and other multidisciplinary teams including Property Management, Asset Management, Design and Construction, ESG, Marketing, IT, Legal, and internal and external auditors
REQUIRED SKILLS / ABILITIES
Excellent management and supervisory skillsProficient in accounting systems, Yardi Systems is a plusProficient in Microsoft Office, with strong skills in ExcelStrong analytical and communication skills (oral and written)Detailed-orientedMust be comfortable working autonomously and multi-tasking in a fast-paced environment and be highly conscientious of deadlines
EDUCATION & EXPERIENCE
BA/BS degree in AccountingMinimum of 6+ years multifamily accounting experience Minimum of 3+ years of managerial or supervisory experienceReal estate experience: multifamily experience is requiredCertifications such as CPA or CMA is a plus
PHYSICAL REQUIREMENTS
Prolonged periods of sitting at a desk and working on a computerMust be able to lift up to 15 pounds at times
WHAT 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 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 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 through
BENEFITS
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 support
WELL-BEING
Generous paid time offFlex remote work timeFlex Summer FridaysEmployee engagement programsVolunteer time offContinuing educationComplimentary Empire State Building Observatory accessComplimentary gym membership and other wellness benefitsEmployee Discount Programs
ESRT 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.
