Director of Technical Accounting Arlington, VA

About 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. Over 35 years of experience has enabled us to create truly unique and valuable offerings to our customers and to continuously innovate to meet market needs.

Director of Technical Accounting – 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. 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, overseeing the external financial reporting function, and assisting in the development of the Corporation’s positions on emerging accounting and reporting matters.

Additionally, this role will manage and develop team members.

• 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, 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 frameworks and prepare memos on non-routine transactions (revenue recognition, lessee and lessor accounting, business combinations, segments, stock‑based compensation and other topics).
• Oversee the preparation and filing of Forms 10‑Q/K, be highly involved in 8‑K and Proxy statement filings, ensuring financial statements are consistent with U.S. GAAP and SEC rules, including new pronouncements.
• Prepare financial statements and other 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 for technical accounting analyses.
• Stay abreast of emerging accounting standards and evaluate their impact on the organization for 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.
• 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.
• 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…