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Director of Technical Accounting, CoStar Group - Arlington, VA

CoStar Realty Information, Inc.

Director of Technical Accounting, CoStar Group - Arlington, VA

Job Description

Who is CoStar Group?

CoStar Group (NASDAQ: CSGP)? is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces.? Included in the S&P 500 Index and the NASDAQ 100, 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.? We've continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors.? We continue that effort today and are always working to improve and drive innovation.? This is how we deliver for our customers, our employees, and investors.? By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

Role Overview: Director of Technical Accounting

Arlington, VA | In office, Monday-Friday

CoStar Group is seeking candidates for a Director of Technical Accounting to be a key member of its Corporate Controller's Organization. The Director will be responsible for providing technical accounting and reporting research and guidance for financial transactions, developing and monitoring compliance with the Corporation's accounting policies and internal control requirements, analyzing proposed accounting standards, oversight of the external financial reporting function, and assisting in the development the Corporation's positions on emerging accounting and reporting matters.

Additionally, this role will be responsible for managing and developing team members. We are focused on hiring individuals who possess a combination of strong leadership and technical skills and have a passion for being innovative and delivering exceptional ideas and service to our stakeholders.

Responsibilities

  • Lead and manage technical accounting assessments andprovidehigh-level guidance on complex transactions to senior management and key stakeholders

  • Provide ad-hoc technical accounting guidance and collaborate with the finance, legal, and operations teams on internal inquiries

  • Lead M&A technical accounting assessments, collaborating with internal teams and third-party specialists todetermineaccurateaccounting treatment. This includes reviewing net working capital,validatingclosing balance sheets, and preparing purchase accounting journal entries

  • Conduct technical accounting research under U.S. GAAP, IFRS, and statutory accounting frameworks and prepare memos on non-routine transactions, including revenue recognition, lessee and lessor accounting, business combinations, segments, stock-based compensation, and other technical topics

  • Overseeing the preparation and filing of Forms 10-Q/K, in addition to high involvement in 8-K and Proxy statement filings and ensuring the financial statements are consistent with U.S. GAAP and SEC rules, including newly issued and emerging pronouncements

  • Preparation of financial statements and other financial data for press releases, audit committee communications, and supplemental investor information

  • Support month-end, quarter-end, and year-end closing processes for technical accounting areas, including reviewing journal entries, footnote disclosures, and audit-related tasks

  • Participate in internal and external audits

  • Ensureappropriate accountingcontrol procedures are in place andmaintainedfor technical accounting analyses

  • Stay abreast of emerging accounting standards, evaluate their potential impact on the organization, and ensuretimelyadoption and disclosure

  • Developing, coordinating, and leading internal accounting and reporting training courses

Basic Qualifications

  • 10 years of experience at a Big 4 accounting firm (preferred) and a technical accounting role for a large public entity

  • CPA designationrequired

  • Bachelor's degree in Accounting, Finance, or a related business discipline from an accredited, not-for-profit University or College

  • A track recordof commitment to prior employers

  • Expertisein GAAP, including ASC 842, ASC 805, ASC 606, and ASC 360 and U.S. SEC regulations

  • Extensive experience supporting M&A transactions, including the technical accounting documentation and processes involved

  • Strongproficiencyin technical finance, valuation, and business matters

  • Exceptional communication skills-both verbal and written-with an ability to interact with senior executives, cross-functional teams, and external stakeholders

  • Proven ability to multitask, prioritize, and navigate fast-paced, unstructured environments

  • Self-starter with a results-oriented, highly organized approach and a keen sense of urgency

  • Experience in performing research related to technical accounting and reporting matters and writing technical memorandums

  • History ofconsensus-drivenleadership infacilitatingdecision-making, balancing technical rigor, businessobjectives, and risk considerations across diverse stakeholders

  • Develop, mentor, and influence ahigh-performingtechnical accounting team while fostering a culture of collaboration and accountability

Preferred Qualifications

  • Experience applying IFRS in a multinational orcross borderreporting environment, including evaluating differences between U.S. GAAP and IFRS and advising stakeholders on accounting impacts

  • Strong technicalexpertisein equity instrument accounting, includingshare basedcompensation,equity-classifiedandliability-classifiedawards, modifications, valuation considerations, and related disclosures

  • Demonstrated experience supporting or drafting SEC proxy statement disclosures, including equity compensation plans, executive compensation tables, and related narrative discussion

  • Familiarity with governance, compensation committee materials, and coordination with Legal, HR, and external advisors on equity-andproxy relatedmatters

  • Ability toleverageAI-enabled tools and automation toenhance technical accounting research, data analysis, and financial reporting preparation, improving efficiency, consistency, and documentation quality whilemaintainingstrong controls and professional judgment

What's In It For You?

If you are a driven professional looking for a high-growth, high-reward career, CoStar Group offers the ideal opportunity. Be part of a best-in-class company with strong year-over-year growth that invests in your success. Enjoy a rewarding atmosphere where you can learn, excel, and grow.

When you join CoStar Group, you'll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.?

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training and tuition reimbursement.?

Our benefits package includes (but is not limited to):?

  • 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 Diversity, Equity, & Inclusion Employee Resource Groups

  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks

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.?

#LI-FD2

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing

CoStar Group (NASDAQ: CSGP) 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 37 years, giving us the perspective to create truly unique and valuable products and services. We've continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry and for our customers. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

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 .

Vacancy posted 2 days ago
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