Senior Accountant, Revenue Accounting CoStar Group Arlington, VA
Arlington, TX - USA
Job Summary
Job Description
Who isCoStarGroup
CoStar Groupis a leading global provider of commercial and residential real estate information analytics and online marketplaces. Included in the S&P 500 Index 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.
Role Overview: SeniorAccountant Revenue Accounting
Arlington VA In-office Monday-Friday
We are seeking hands-onSeniorAccountantRevenue Accountingtoprepareworkpapers forrevenue accounting function.This role willbe responsible forpreparingworkpapersrelated torevenue recognition ensuring compliance with ASC 606optimizingfinancial processes and partnering cross-functionally to support Costars continued growth.
The ideal candidate hasknowledgein SaaS/software and eCommerce business models including subscription-based revenuestreamsrevenue accounting.
Revenue Accounting & Compliance
Prepare workpapers related torevenue recognition in compliance with ASC 606 ensuringaccurateandtimelyrevenue reporting.
Prepare the workpapersand interpretation ofcustomer contracts ensuring proper accounting treatment and adherence to revenue policies.
Ensure to applyprocess improvements in revenue recognition billing and reporting to enhance accuracy and efficiency.
Ensure compliance and internal controls related to revenue processes.
Coordinatewith external auditors to support revenue-related audit requirements.
Preparemonthly and quarterly revenue close processesrelatedworkpapers ensuring completeness accuracy and proper cut-off.
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.
Review SaaS software and professional services contracts ensuring proper revenue treatment andidentifyingrisks.
Systems & Process Optimization
Enhance and automate revenue accounting processesleveragingOracleFusion.
Drive scalability in revenue operations to support Costars continued expansion across global markets.
Basic Qualifications
Bachelors degree in Accounting or Financeor related from an accredited not-for-profit University or College.
A track recordof commitment to prior employers.
4 years of relevant accounting experience.
Experience working in or auditing large international public companies.
Knowledgein ASC 606 and revenue recognition
Preferred Qualifications
4 years of progressive experience in revenue accounting.
CPA or equivalent designationstronglypreferred.
Experience within SaaS/software and eCommerce business models including subscription-based revenue streams.
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.
Whats In ItForYou
Ifyou area driven professional looking for a high-growth high-reward career CoStarGroupoffers the ideal 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 inyour professionaland 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 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.
The final salary or hourly rate offered for this role will fall within the range set forth below based on a variety of factors including but not limited to geographic location skills and competencies.
Base Compensation: $77000.00 - $129000.00 Annually
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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
Required Experience:
Senior IC
About Company
The most recommended lease management platform for office and retail tenant portfolios of commercial real estate.