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Director of Technical Accounting, CoStar Group – Arlington, VA

CoStar GroupArlington, Texas

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Overview

Schedule
Full-time
Education
CPA
Career level
Executive
Remote
On-site
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Director of Technical Accounting, CoStar Group – Arlington, VA

Job Description

Who is CoStar Group?

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. 

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 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 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 capital,validatingclosing 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

  • Bachelor’s 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 skills—both verbal and written—with 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 basedcompensation,equityclassifiedandliabilityclassifiedawards, 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

What’s In It For You?

If you are a driven professional looking for a high-growth, high-reward career, CoStar Group offers the ideal opportunity.  Be part of a best-in-class company with strong year-over-year growth that invests in your success. Enjoy a rewarding atmosphere where you can learn, excel, and grow. 

When you join CoStar Group, you’ll experience 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 training and tuition 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) 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 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 apply. However, please note that CoStar Group is not able to provide 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

Automate your job search with Sonara.

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FAQs About Director of Technical Accounting, CoStar Group – Arlington, VA Jobs at CoStar Group

What is the work location for this position at CoStar Group?
This job at CoStar Group is located in Arlington, Texas, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at CoStar Group?
Employer has not shared pay details for this role.
What employment applies to this position at CoStar Group?
CoStar Group lists this role as a Full-time position.
What experience level is required for this role at CoStar Group?
CoStar Group is looking for a candidate with "Executive" experience level.
What education level is required for this job?
The education requirement for this position is CPA. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by CoStar Group for this role?
CoStar Group offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Family/Dependent Health, Paid Vacation, 401k Matching/Retirement Savings, Tuition/Education Assistance, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at CoStar Group?
You can apply for this role at CoStar Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.