Director of Technical Accounting, CoStar Group – Arlington, VA
Arlington, TX - USA
Job Summary
Job Description
Who isCoStarGroup
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 worlds 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 createtruly uniqueand valuable offerings to our customers.Wevecontinually refinedtransformedand 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 deliverforour customers our employees and investors. By equipping the brightest minds with the best resources available we provide an invaluable edge in real estate.
RoleOverview:Director of Technical Accounting
Arlington VA In office Monday-Friday
CoStar Group is seeking candidates for aDirector of Technical Accountingto be a key member of its Corporate Controllers Organization. The Director will be responsible for providing technical accounting and reporting research and guidance for financial transactions developing and monitoring compliance with the Corporations accounting policies and internal control requirements analyzing proposed accounting standards oversight of the external financial reporting function and assisting in the development the Corporations positions on emerging accounting and reporting matters.
Additionally this role willbe responsible formanaging and developing team members. We are focused on hiring individuals whopossessa 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 capitalvalidatingclosing 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
BasicQualifications
10 years of experience at a Big 4 accounting firm (preferred) and a technical accounting role for a large public entity
CPA designation
Bachelors 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 skillsboth verbal and writtenwith 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 ahighperformingtechnical accounting team while fostering a culture of collaboration and accountability
PreferredQualifications
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 basedcompensationequityclassifiedandliabilityclassifiedawards 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 equityandproxy relatedmatters
Ability toleverageAIenabled tools and automation toenhance technical accounting research data analysis and financial reporting preparation improving efficiency consistency and documentation quality whilemaintainingstrong controls and professional judgment
Whats In ItForYou
Ifyou area driven professional looking for a high-growth high-reward career CoStarGroupoffers the ideal opportunity.Be part of a best-in-class companywith strong year-over-year growththat invests inyour success. Enjoy a rewarding atmosphere where you can learn excel and grow.
When you join CoStar Groupyoullexperience 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 trainingandtuition 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) retirementplanwith 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 Groups 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 please note that CoStar Groupis not able toprovide 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
Required Experience:
Director
About Company
The most recommended lease management platform for office and retail tenant portfolios of commercial real estate.