Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the iconic Empire State Building - "the World's Most Famous Building" - and the newly reimagined Empire State Building Observatory that was named attraction in the US, and in the world, in Tripadvisor's 2022 Travelers' Choice Awards: Best of the Best. The company is a leader in healthy buildings, energy-efficiency, and indoor environmental quality and has the lowest greenhouse gas emissions per square foot of any publicly traded REIT portfolio in New York City. As of March 31, 2023, ESRT's portfolio is comprised of approximately 8.9 million rentable square feet of office space, 718,000 rentable square feet of retail space and 721 residential units across three multifamily properties. More information about Empire State Realty Trust can be found at and by following ESRT on Facebook, Instagram, Twitter 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 value continuous employee development and encourage 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.
The Senior Accountant position in the Financial Reporting department is critical to both the short-term goals of efficiency and quality in our external and internal financial reporting as well as our long-term goals of process optimization and best-in-class external reporting. The Senior Accountant will play a key role in supporting the financial reporting team, as outlined in the Key Responsibilities section below, but will also be expected to bring and apply her or his industry/client experiences to enhance our existing processes. The position demands close and regular coordination and collaboration with various personnel within the controllership, finance, treasury, legal, property management and other groups within the organization.
Short-term success in this role will be defined by the ability to quickly understand our existing reporting processes and related technical accounting concepts, while long-term success will be defined by a track record of accurate deliverables, integration within the financial reporting team and accounting department as a whole and implemented process improvement in areas applicable to the Senior Accountant.
The Senior Accountant will complete a three-person financial reporting team. This team has a combined 19 years of ESRT experience and will use said experience to provide an exceptional transition for applicant and bestow a wealth of industry experience that will serve the applicant well during their time at ESRT and beyond.
Support and assist in the SEC and stand-alone reporting processes
Prepare footnote disclosures to be included in the Company's consolidated financial statements through collaboration with our various departments
Prepare sections of the quarterly Supplemental Operating and Financial Data report
Assist with providing support for earnings press releases and other public documents including investor presentations
Assist in the completion of the monthly and quarterly consolidation process
Prepare clear workbooks in support of financial statement line items and disclosures such as stock- based compensation expense, interest rate swap derivatives, earnings per share, and share buy backs.
Collaborate with property accounting team to prepare consolidated and stand-alone property variance analyses for MD&A disclosures and challenge variance explanations provided
Prepare and review various required financial covenant calculations
Liaison with internal and external auditors to facilitate a timely audit process and report to various stakeholders on the status of internal/external audits
Keep abreast of accounting developments and stay up-to-date on the most recent accounting standard updates.
Please note this job description is not designed to cover or contain a comprehensive listing of responsibilities that are required for this job. Duties, responsibilities, and activities may change at any time with or without notice.
REQUIRED SKILLS/ ABILITIES
Strong analytical and communication skills (oral and written)
Self-starter who understands the "why" before executing a task
Controls based mindset
Ability to demonstrate strong excel skills by coaching others in the usage of functions such as v-lookup, pivot tables, process mapping
Experience with data management and visualization tools (Power BI, Tableau, Altryx, RPA) preferred
Experience with Yardi functionality is preferred
Ability to collaborate with various business groups and develop solid business relationships, being flexible and adapting approach and style
EDUCATION & EXPERIENCE
2-3 years of Big 4 audit experience with a public real estate company client base or;
Minimum of 3 years equivalent public REIT experience
CPA license or in the process of obtaining a CPA license
WHAT YOU CAN EXPECT
At ESRT, like our tenants, our employees come from everywhere. We foster a richly diverse work environment that captures top talent and cultivates the best ideas. By focusing on inclusion and celebrating our differences, we create even greater value - in business practices, relationships, and employee engagement. As an Equal Opportunity Employer, we are committed to maintaining a diverse, inclusive and equitable work environment where our employees can thrive. 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, and embrace and contribute to a culture of diversity and inclusion
Positive - you possess a service-oriented attitude with excellent follow through
The salary range for this position is $100,000 - $125,000. Salary is based on several factors including but not limited to education, work experience, job location, size of property where applicable, and/or certifications. In addition to your base salary, ESRT provides discretionary annual bonuses. ESRT offers comprehensive, competitive benefits & well-being programs including:
Competitive base salary and bonus
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
Generous paid time off
Flex remote work time
Flex Summer Fridays
Employee engagement programs
Volunteer time off
Complimentary Empire State Building Observatory access
Complimentary gym membership and other wellness benefits
Employee Discount Programs