Senior Manager, Revenue Accounting - CoStar Group - Arlington, VA

Senior Manager, Revenue Accounting – CoStar Group – Arlington, VA Job Description Role Overview Senior Manager, Revenue Accounting Arlington, VA | In‑office, Monday‑Friday We are seeking a hands‑on Senior Manager of Revenue Accounting to manage revenue accounting function. This role will be responsible for managing revenue recognition, ensuring compliance with ASC 606, optimizing financial processes, and partnering cross‑functionally to support Costar's continued growth. The ideal candidate has deep expertise in SaaS/software and eCommerce business models, including subscription‑based revenue streams revenue accounting, technical accounting background, and experience in scaling revenue accounting operations in a high‑growth environment. This role will require alignment of revenue processes and systems for our acquired entities. Revenue Accounting & Compliance Manage revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting. Manage the review and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies. Manage process improvements in revenue recognition, billing, and reporting to enhance accuracy and efficiency. Ensure compliance and internal controls related to revenue processes. Partner with external auditors to support revenue‑related audit requirements. Manage monthly and quarterly revenue close processes, ensuring completeness, accuracy, and proper cut‑off. Manage revenue‑related accounting memos and technical assessments for complex transactions. Cross‑functional Collaboration & Leadership Collaborate closely with Sales, Legal, FP&A, and Product teams to evaluate revenue implications of new business models, pricing strategies, and product offerings. Act as a trusted advisor to senior leadership on revenue‑related matters, providing insights and recommendations for business decisions. Lead, mentor, and develop a high‑performing revenue accounting team. Review and interpret SaaS, software, and professional services contracts, ensuring proper revenue treatment and identifying risks. Systems & Process Optimization Enhance and automate revenue accounting processes leveraging Oracle Fusion. Drive scalability in revenue operations to support Costar’s continued expansion across global markets. Implement best practices for revenue forecasting and analytics to provide actionable insights to finance and executive leadership. Basic Qualifications Bachelor's degree in Accounting or Finance or related from an accredited, not‑for‑profit University or College. A track record of commitment to prior employers. 8+ years of relevant accounting experience. CPA designation is required. Experience working in or auditing large international public companies. Deep expertise in ASC 606 and revenue recognition within SaaS/software and eCommerce business models, including subscription‑based revenue streams. Preferred Qualifications 10+ years of progressive experience in revenue accounting, with at least 3+ years in a manager role. CPA or equivalent designation strongly preferred. Experience working in a high‑growth, global organization. Strong analytical, communication, and stakeholder management skills. Ability to thrive in a fast‑paced environment and drive continuous process improvement. What's In It For You? Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug. Life, legal, and supplementary insurance. Virtual and in‑person mental health counseling services for individuals and family. Commuter and parking benefits. 401(k) retirement plan with matching contributions. Employee stock purchase plan. Paid time off. Tuition reimbursement. On‑site fitness center and/or reimbursed fitness center membership costs (location dependent). Access to CoStar Group’s Employee Resource Groups. Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks. Generous compensation and performance‑based incentives. Internal training and tuition reimbursement to support professional and academic growth. Sponsorship We welcome all qualified candidates who are currently eligible to work full‑time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position. CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug‑free workplace and perform pre‑employment substance abuse testing. CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. CoStar Group is committed to creating a diverse environment and is proud to be an equal opportunity workplace and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. CoStar Group is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access as a result of your disability. You can request reasonable accommodations by sending an email to View email address on click.appcast.io. #J-18808-Ljbffr CoStar Group, Inc.