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Job Description

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CoStar Group Company Intro: 

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. 

CoStar Group is looking for a Sr. Manager of Technical Accounting to be a key member of its Corporate Controllers Organization. The Sr. Manager 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.

This position is located in Arlington, VA and requires to be in the office 5 days a week.

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, with high involvement in 8-K and Proxy statement filings, ensuring financial statements comply with U.S. GAAP and SEC rules

Prepare 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

Participate in internal and external audits

Ensure appropriate accounting control procedures are in place and maintained

Stay abreast of emerging accounting standards and ensure timely adoption and disclosure

Develop and lead internal accounting and reporting training courses

Qualifications:

Bachelor’s degree in accounting, finance, economics, or a related field from an accredited, not-for-profit University or College.

A track record of commitment to prior employers.

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

CPA designation required

Expertise in GAAP, including ASC 842, ASC 805, ASC 606, and ASC 360, and U.S. SEC regulations

What’s in it for you?

Generous compensation and performance-based incentives

Internal training, tuition reimbursement, and inter-office exchange program

Comprehensive healthcare coverage

Life, legal, and supplementary insurance

Mental health counseling services

Commuter and parking benefits

401(K) with matching contributions

Employee stock purchase plan

Paid time off

On-site or reimbursed fitness center access

DEI Employee Resource Groups

Complimentary gourmet beverages

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