Director of Technical Accounting, CoStar Group - Arlington, VA
CoStar Group, Inc.
Overview Director of Technical Accounting, CoStar Group – Arlington, VA CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. This role is a key member of the Corporate Controller’s Organization. The Director will provide technical accounting and reporting research and guidance for financial transactions, develop and monitor compliance with accounting policies and internal controls, analyze proposed accounting standards, oversee external financial reporting, and assist in developing positions on emerging accounting and reporting matters. The role also includes managing and developing team members. Responsibilities Lead and manage technical accounting assessments and provide high-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 to determine accurate accounting treatment, including reviewing net working capital, validating closing 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 (e.g., revenue recognition, lessee and lessor accounting, business combinations, segments, stock-based compensation, and other topics). Oversee the preparation and filing of Forms 10-Q/K, and be involved in 8-K and Proxy statement filings to ensure financial statements are consistent with U.S. GAAP and SEC rules. Prepare financial statements and other 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; ensure appropriate accounting control procedures are in place for technical accounting analyses. Stay abreast of emerging accounting standards, evaluate their impact, and ensure timely adoption and disclosure. Develop, coordinate, and lead internal accounting and reporting training courses. Basic Qualifications 10 years of experience at a Big 4 accounting firm (preferred) with a technical accounting role for a large public entity; CPA designation required. Bachelor’s degree in Accounting, Finance, or related business discipline from an accredited institution. Expertise in GAAP, including ASC 842, ASC 805, ASC 606, and ASC 360; U.S. SEC regulations. Extensive experience supporting M&A transactions, including technical accounting documentation and processes. Strong proficiency in technical finance, valuation, and business matters. Exceptional communication skills (verbal and written) with the ability to interact with senior executives and cross-functional teams. Proven ability to multitask, prioritize, and navigate fast-paced environments; self-starter with urgency and organizational discipline. Experience in researching technical accounting and writing memorandums; leadership in facilitating decision-making across diverse stakeholders. Ability to develop, mentor, and lead a high-performing technical accounting team. Preferred Qualifications Experience applying IFRS in multinational or cross-border reporting; ability to evaluate differences between U.S. GAAP and IFRS. Technical expertise in equity instrument accounting, including share-based compensation and related disclosures. Experience drafting SEC proxy statement disclosures and familiarity with governance, compensation committee materials, and coordination with Legal, HR, and external advisors on equity and proxy matters. Ability to leverage AI-enabled tools and automation to enhance research, data analysis, and reporting while maintaining controls. What’s In It For You? CoStar Group offers a high-growth, high-reward environment with generous compensation and performance-based incentives, opportunities for professional and academic growth, and a collaborative, innovative culture. EEO and Accommodation CoStar Group is an Equal Employment Opportunity Employer; all qualified applicants will receive consideration without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, or citizenship status. If you require accommodation during the application process, you may contact View email address on click.appcast.io or View phone number on click.appcast.io. #J-18808-Ljbffr CoStar Group, Inc.
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