Director of Technical Accounting, CoStar Group - Arlington, VA

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.

Role Overview :
Director of Technical Accounting

Arlington, VA | In office, Monday-Friday

CoStar Group is seeking candidates for a Director of Technical Accounting to be a key member of its Corporate Controller's 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 will be responsible for managing and developing team members. We are focused on hiring individuals who possess a 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 and provide high-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 to determine accurate accounting treatment. This includes reviewing net working capital, validating closing 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

* 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

* Developing, coordinating, and leading internal accounting and reporting training courses

Basic Qualifications

* 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,…