Director of Technical Accounting, CoStar Group - Arlington, VA

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 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. This includes 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, including revenue recognition, lessee and lessor accounting, business combinations, segments, stock-based compensation, and other technical topics Oversee 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 Ensure appropriate accounting control procedures are in place and maintained for technical accounting analyses Stay abreast of emerging accounting standards, evaluate their potential impact on the organization, 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) and a technical accounting role for a large public entity CPA designation required Bachelor’s degree in Accounting, Finance, or a related business discipline from an accredited, not-for-profit University or College A track record of commitment to prior employers Expertise in 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 Strong proficiency in 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 of consensus-driven leadership in facilitating decision-making, balancing technical rigor, business objectives, and risk considerations across diverse stakeholders Develop, mentor, and influence a high-performing technical accounting team while fostering a culture of collaboration and accountability Preferred Qualifications Experience applying IFRS in a multinational or cross border reporting environment, including evaluating differences between U.S. GAAP and IFRS and advising stakeholders on accounting impacts Strong technical expertise in equity instrument accounting, including share based compensation, equity‑classified and liability‑classified awards, 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‑ and proxy related matters Ability to leverage AI‑enabled tools and automation to enhance technical accounting research, data analysis, and financial reporting preparation, improving efficiency, consistency, and documentation quality while maintaining strong controls and professional judgment Benefits We offer generous compensation and performance-based incentives, professional development, and a comprehensive benefits package as outlined below: 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. CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug‑free workplace and perform pre‑employment substance abuse testing #J-18808-Ljbffr CoStar Group