Esrtreit1mo ago

USD 125000–135000/yr

Multifamily Accounting Manager

New YorkFull Timemid

Finance & AccountingAccounting Manager

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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,

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Finance & AccountingAccounting Manager

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, 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 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.

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 performed

Assist property accountants in close procedures and other time sensitive tasks as required

Integrate 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 team

Analyze closing workpapers to validate trial balance support and accuracy

Evaluate variance reporting packages and identify key drivers and discrepancies

Oversee account reconciliations, roll forwards, and supporting schedules to ensure completeness and accuracy

Approve and provide oversight of monthly journal entries, including period-end accruals and reversals

Validate operating expense, contract, and utility accrual calculations

Monitor and reconcile security deposit activity

Ensure proper expense coding and accurate recording of transactions

Prepare certain quarterly reporting schedules and deliverables

Review and approve invoices and corresponding G/L coding

Identify issues, trends, bottlenecks, and efficiency opportunities; recommend and implement process improvements

Seek out inconsistencies and standardize best practices across portfolio

Challenge status quo of work performed and strive to concentrate team’s time on most value-add activities

Oversee and provide support schedules and documents for internal and external audits and for annual preparation of the TC201s and RPIEs

Assist with the annual budget preparation

Develop a complete understanding of Yardi software (Voyager and Rent Café) and other residential software

Lead 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 hired

Coordinate with HR on hiring process and related decisions to build out our multifamily accounting support team

Ensure internal controls are being adhered to and provide recommendations on improvements

Complete ad hoc projects

Assist in the review of financial reporting on assets excluded from the REIT portfolio

Lead, train, and develop the property accounting team to drive performance and accountability

Demonstrate a commitment to excellence by delivering high-quality work and meeting all monthly and quarterly close deadlines, scheduled deliverables, and project milestones

Serve as a reliable and trusted leader within the accounting department and a dependable partner to cross-functional teams

Exhibit a thorough understanding of multifamily and affordable housing accounting processes and internal controls

Build 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

Excellent management and supervisory skills

Proficient in accounting systems, Yardi Systems is a plus

Proficient in Microsoft Office, with strong skills in Excel

Strong analytical and communication skills (oral and written)

Detailed-oriented

Must be comfortable working autonomously and multi-tasking in a fast-paced environment and be highly conscientious of deadlines

BA/BS degree in Accounting

Minimum of 6+ years multifamily accounting experience

Minimum of 3+ years of managerial or supervisory experience

Real estate experience: multifamily experience is required

Certifications such as CPA or CMA is a plus

Prolonged periods of sitting at a desk and working on a computer

Must be able to lift up to 15 pounds at times

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 independently

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

Competitive base salary and bonus

Health/Dental/Vision insurance

Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance

Voluntary Enhanced LTD Program

Voluntary Hospital, Accident, and Cancer Programs

401(k) with 100% match up to 5%

Paid parental leave

Pre-tax transit accounts

Employee Assistance Program for emotional, financial, and legal support