Senior Manager, 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.
RoleOverview: Senior Manager Revenue Accounting
Arlington VA In-office Monday-Friday
We are seekingahands-onSenior Managerof Revenue Accountingtomanagerevenue accounting role willbe responsible formanagingrevenue recognition ensuring compliance with ASC 606optimizingfinancial processes and partnering cross-functionally to support Costars continued growth.
The ideal candidate has deepexpertisein SaaS/software and eCommerce business models including subscription-based revenue streamsrevenue accounting technical accounting background and experience in scaling revenue accounting operations in a high-growth role will require alignment of revenue processes and systems for our acquired entities.
Revenue Accounting & Compliance
Managerevenue recognition in compliance with ASC 606 ensuringaccurateandtimelyrevenue reporting.
Managethe review and interpretation ofcustomer contracts ensuring proper accounting treatment and adherence to revenue policies.
Manageprocess improvements 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.Managemonthly 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 andidentifyingrisks.
Systems & Process Optimization
Enhance and automate revenue accounting processesleveragingOracleFusion.
Drive scalability in revenue operations to support Costars continued expansion across global markets.
Implement best practices for revenue forecasting and analytics toprovideactionable insights to finance and executive leadership.
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.
8 years of relevant accounting experience.
CPA or equivalent designation is required.
Experience working in or auditing large or public companies.
Deepexpertisein ASC 606 and revenue recognition.
Preferred Qualifications
10 years of progressive experience in revenue accounting with at least 3 years in amanagerrole.
Experience within SaaS/software and eCommerce business models.
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.
Pay Transparency
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: $152000.00-$195000.00 Annually
#LI-MN2
CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing
Required Experience:
Senior Manager
About Company
The most recommended lease management platform for office and retail tenant portfolios of commercial real estate.