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

Senior Manager, Revenue Accounting Arlington, VA | In-office, Monday-Friday Role Overview We are seeking a hands‑on Senior Manager of Revenue Accounting to manage the revenue accounting function. The 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, a technical accounting background, and experience 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. Review and interpret customer contracts, ensuring proper accounting treatment and adherence to revenue policies. Improve processes 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. Track record of commitment to prior employers. Eight or more years of relevant accounting experience. CPA designation 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 Ten or more years of progressive experience in revenue accounting, with at least three 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. Benefits Comprehensive healthcare coverage: Medical, Vision, Dental, Prescription Drug. Life, legal, and supplementary insurance. Virtual and in‑person mental health counseling services for individuals and families. 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. Equal Employment Opportunity Statement CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug‑free workplace and perform pre‑employment substance abuse testing. #J-18808-Ljbffr Visual Lease