Technical Accounting Director

Technical Accounting Director

Job Description

CoStar Group Company Intro: 

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 description: 

CoStar Group is seeking candidates for a Director of Technical Accounting to 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 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.

This position is located in Arlington, VA and requires to be in the office 5 days a week.

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

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, 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, and 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.
• Strong working knowledge of Excel and PowerPoint.
• Experience in performing research related to technical accounting and reporting matters and writing technical memorandums. 
• Proficient with Microsoft Excel, Word, and PowerPoint.
 

What’s in it for you?

 
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, tuition reimbursement, and an inter-office exchange program. 

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), with yoga studio, Pelotons, personal training, group exercise classes
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups 
• Complimentary gourmet coffee, tea, hot chocolate
 

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. 

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing