Sr. Multifamily Property Accountant

Empire State

Location not specified

Full Time

Posted June 9, 2026

$110k - $125k

Energy Efficiency

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Job Description

Empire State Realty Trust, Inc.

Key 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 for the applicable property to fund, as needed, operating expenses, construction projects, and mortgage payments.
Provide support/explanations for annual property audits.
Prepare annual governmental filings, including the TC201 and RPIE.
Assist in various quarterly ESRT consolidated reporting functions, including answering variance questions and verifying fixed asset additions and disposals.
Assist in the preparation of draw requests for submission to lender.
Prepare reporting packages to comply with lender reporting requirements.
Review annual budgets from an accounting perspective, including ensuring expenditures are coded to the correct G/L and comparing budget to historical.
Provide support for sales tax audits.
Assist with properties outside of the REIT that ESRT manages.
Lead and participate with ad-hoc projects.