Tax Accountant
New York, New York, United States
Accounting – Tax /
Full Time /
Hybrid
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 that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year – in Tripadvisor’s 2024 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, 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 732 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 Tax Accountant reports to the Tax Manager and is responsible for assisting with the company’s tax function in coordination with outside service providers for both core REIT businesses and its non-REIT asset management responsibilities.
RESPONSIBILITIES
- Prepare corporate and partnership tax returns for non-REIT managed assets
- Assist with review of Schedule K-1s for the operating partnership and non-REIT managed assets prepared by outside service providers
- Prepare REIT quarterly income and asset tests, REIT checklist, 1% impermissible tenant services test, and FIN 48 memo
- Prepare REIT earnings and profits to determine dividend treatment to be reported on Forms 1099-DIV
- Prepare quarterly taxable income projections to meet the 90% distribution requirement
- Prepare shareholder demand letters mailed each year in January
- Prepare quarterly tax provision and book related journal entries
- Assist with monitoring tax books for TRS entities
- Calculate and remit tax payments
- Track state withholding tax payments advanced by each non-REIT partnership
- Update tracker for filings and tax payments
- Assist with tax notices and inquiries from federal, state, and local tax agencies
- Assist with tax audits
- Assist with investor inquiries
- Perform research on federal, state, and local tax issues
- Assist with ad hoc projects
- Perform administrative tasks such as scanning, printing, filing, scheduling meetings, etc.
WHAT SUCCESS LOOKS LIKE
- Accounting and tax software are utilized effectively
- Workpapers and tax returns are prepared with minimal comments
- Consistently meet deadlines
- Demonstrates eagerness to learn
- Collaborate effectively with the accounting department and other departments
REQUIRED SKILLS / ABILITIES
- 1+ year of experience in preparing tax returns, preferably with real estate and/or REIT experience
- Proficient in Microsoft Word, Microsoft Excel, Microsoft Access, Yardi and CCH Axcess is a plus
- Excellent written and verbal communication skills
- Strong analytical and organizational skills with attention to detail and accuracy
- Ability to meet deadlines
EDUCATION & EXPERIENCE
- BA/BS degree in Accounting
- Certifications such as CPA and/or MST is a plus
PHYSICAL REQUIREMENTS
- Prolonged periods of sitting at a desk and working on a computer
- Must 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 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
BENEFITS
- 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
WELL-BEING
- Generous paid time off
- Flex remote work time
- Flex Summer Fridays
- Employee engagement programs
- Volunteer time off
- Continuing education
- Complimentary Empire State Building Observatory access
- Complimentary gym membership and other wellness benefits
- Employee Discount Programs
$90,000 - $105,000 a year
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 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.
