Director of Technical Accounting, CoStar Group – Arlington, VA

Director of Technical Accounting

Location:

Arlington, VA | In office, Monday-Friday.

CoStar Group is seeking a Director of Technical Accounting to be a key member of its Corporate Controller’s Organization. This role will provide technical accounting and reporting research and guidance for financial transactions, develop and monitor compliance with the Corporation’s accounting policies and internal control requirements, analyze proposed accounting standards, oversee the external financial reporting function, and assist in developing the Corporation’s positions on emerging accounting and reporting matters.

Additionally, the Director will manage and develop team members, fostering a culture of collaboration and accountability.

• 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 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, including review of net working capital, validation of closing balance sheets, and preparation of purchase accounting journal entries.
• Conduct technical accounting research under U.S. GAAP, IFRS, and statutory accounting frameworks and prepare memos on non‑routine transactions such as 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, and participate in 8‑K and Proxy statement filings, ensuring financial statements are consistent with U.S. GAAP and SEC rules, including newly issued and emerging pronouncements.
• 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, reviewing journal entries, footnote disclosures, and audit‑related tasks.
• Participate in internal and external audits.
• Ensure appropriate accounting control procedures are in place and maintained for technical accounting analyses.
• Stay abreast of emerging accounting standards, evaluate their potential impact on the organization, and ensure timely adoption and disclosure.
• Develop, coordinate, and lead internal accounting and reporting training courses.

• 10 years of experience at a Big 4 accounting firm (preferred) and a technical accounting role for a large public entity.
• CPA designation required.
• Bachelor’s degree in Accounting, Finance, or a related business discipline from an accredited, not‑for‑profit university or college.
• A track record of commitment to prior employers.
• Expertise in GAAP, including ASC 842, ASC 805, ASC 606, ASC 360 and U.S. SEC regulations.
• Extensive experience supporting M&A transactions, including the technical accounting documentation and processes involved.
• Strong proficiency in 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 performing research related to technical accounting and reporting matters and writing technical memorandums.
• History of consensus‑driven leadership in facilitating decision‑making, balancing technical rigor, business objectives, and risk considerations across diverse stakeholders.
• Develop, mentor, and influence a high‑performing technical accounting team while fostering a culture of collaboration and accountability.

• Experience applying IFRS in a multinational or cross‑border reporting environment, including evaluating differences between U.S. GAAP and IFRS and advising stakeholders on accounting impacts.
• Strong technical expertise in equity…