Senior Accountant, Revenue Accounting - CoStar Group - Arlington, VA

Senior Accountant, Revenue 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 :
Senior Accountant, Revenue Accounting

Arlington, VA | In-office, Monday-Friday

We are seeking hands-on Senior Accountant, Revenue Accounting to prepare work papers for revenue accounting function. This role will be responsible for preparing work papers related to revenue recognition, ensuring compliance with ASC 606, optimizing financial processes, and partnering cross-functionally to support Costar's continued growth.

The ideal candidate has knowledge in SaaS/software and eCommerce business models, including subscription-based revenue streams revenue accounting.

Revenue Accounting & Compliance

* Prepare work papers related to revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting.

* Prepare the work papers and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies.

* Ensure to apply process improvements in revenue recognition, billing, and reporting to enhance accuracy and efficiency.

* Ensure compliance and internal controls related to revenue processes.

* Coordinate with external auditors to support revenue-related audit requirements.

* Prepare monthly and quarterly revenue close processes related work papers, 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 and identifying risks.

Systems & Process Optimization

* Enhance and automate revenue accounting processes leveraging Oracle Fusion.

* Drive scalability in revenue operations to support Costar's continued expansion across global markets.

Basic Qualifications

* Bachelor's degree in Accounting or Finance or related from an accredited, not-for-profit University or College.

* A track record of commitment to prior employers.

* 4+ years of relevant accounting experience.

* Experience working in or auditing large international public companies.

* Knowledge in ASC 606 and revenue recognition within SaaS/software and eCommerce business models, including subscription-based revenue streams.

Preferred Qualifications

* 4+ years of progressive experience in revenue accounting.

* CPA or equivalent designation strongly preferred.

* 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.

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…