Director, Financial Systems - CoStar Group - Arlington, VA

Posted 19 Days Ago
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Arlington, VA, USA
In-Office
Senior level
Information Technology • Real Estate • Analytics
The Role
The Director of Financial Systems oversees and strategically manages financial systems, ensuring stability, vendor management, and compliance while leading a high-performing team.
Summary Generated by Built In
Director, Financial Systems - 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, Financial Systems 

Arlington, VA | In-office, Monday-Friday 

 

The Director of Financial Systems is responsible for the oversight, support, and strategic management of multiple financial business systems at CoStar Group, a $3B publicly traded company. This role is deeply embedded in and highly knowledgeable of the endtoend processes supporting the CFO organization and its functional teams. 

Reporting to the Senior Director of Financial Systems & Transformation, this position is accountable for the functional, technical, and administrative support of both core and legacy financial business systems. Legacy systems primarily include platforms acquired through business acquisitions that have since been integrated into CoStar Group. 

Key Responsibilities  

Strategic Planning & Systems Management 

  • Develop and execute strategies for system stability, modernization, integration, and eventual migration or decommissioning of legacy platforms. 

  • Maintain a longterm systems roadmap aligned with business and transformation objectives. 

Technical & Operational Oversight 

  • Ensure the ongoing stability, security, availability, and performance of all managed financial systems. 

  • Proactively identify and mitigate technical risks to critical business processes. 

Mergers & Acquisitions Support 

  • Lead the intake and evaluation of newly acquired financial systems, including:  

  • Process, compliance, and functionality assessments 

  • System documentation and knowledge transfer 

  • Staffing, training, and transition planning 

  • Integration into the managed financial systems portfolio 

Vendor & Contract Management 

  • Own vendor relationships supporting financial business systems, including contract management, service levels, renewals, and performance oversight. 

Issue Resolution & Risk Management 

  • Lead resolution of complex technical issues, security vulnerabilities, and systemrelated incidents. 

  • Ensure appropriate escalation, remediation, and documentation. 

People & Team Leadership 

  • Lead, mentor, and develop a highperforming team of direct IT staff and contract resources, both onsite and remote. 

  • Drive accountability, knowledge growth, and operational excellence across the team. 

Business & IT Collaboration 

  • Partner closely with business stakeholders (billing, collections, cash operations, accounting, finance, etc.) to support effective use of legacy systems. 

  • Collaborate with other IT teams on infrastructure, access, vulnerability management, and security patching. 

System Migration & Transformation 

  • Support and contribute to enterprise migration initiatives that move business activity from legacy systems to core corporate financial platforms. 

  • Partner with Financial Business Systems and IT teams to ensure successful transition and minimal disruption. 

International Scope 

  • Oversee systems, teams, and vendor resources located both domestically and internationally. 

Compliance & Controls 

  • Ensure systems comply with ITGC/SOX requirements and internal control standards. 

  • Enforce change management and access control processes across all supported platforms. 

 

Basic Qualifications 

  • Bachelor’s degree in Computer Science, Business Administration, or a related field from an accredited, notforprofit, inperson college or university. 

  • A track record of commitment to prior employers. 

  • 10+ years of experience managing, developing, and supporting financial business systems across cloud, client/server, midrange, and enterprise environments. 

  • 7+ years of people management experience leading professional IT teams of 7+ individuals, with a proven record of building and developing highperforming teams. 

  • Minimum of 5 years’ experience within a large, publicly traded organization. 

  • Proven expertise managing multiple concurrent small to midscale ERP environments ($10M+). 

  • Extensive experience implementing, supporting, and managing ERP, CRM, and financial systems such as Oracle, NetSuite, Great Plains, Dynamics/Navision, SAP, QuickBooks, Sage, Salesforce, Zuora, and similar platforms. 

 

Preferred Qualifications 

  • International systems experience. 

  • Experience supporting Services, SaaS, or internetbased businesses. 

  • MBA or other relevant master’s degree. 

 

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 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 and tuition reimbursement.   

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)  

  • Access to CoStar Group’s Employee Resource Groups  

  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks  

Sponsorship 

 

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. 

#LI-KC3


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

Skills Required

  • Bachelor's degree in Computer Science, Business Administration, or a related field
  • 10+ years of experience managing financial business systems
  • 7+ years of people management experience
  • 5 years' experience within a large, publicly traded organization
  • Proven expertise managing multiple concurrent small- to mid-scale ERP environments
  • Extensive experience with financial systems such as Oracle, NetSuite, Great Plains, Dynamics/Navision, SAP

CoStar Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CoStar Group and has not been reviewed or approved by CoStar Group.

  • Healthcare Strength Healthcare coverage is described as extensive, spanning medical, dental, vision, and prescription plans, with additional life and supplementary insurance options. Mental health counseling and wellness incentives are also part of the package, reinforcing the sense of strong health support.
  • Wellbeing & Lifestyle Benefits Lifestyle perks include commuter and gym reimbursements and daily lunch, alongside office snacks/drinks and company social events. Fitness stipends and wellness programs add to the perceived day-to-day value of the rewards package.
  • Equity Value & Accessibility Opportunities to become a shareholder via stock-related programs are highlighted as a meaningful element of total rewards. Equity and employee stock purchase options are positioned as an additional path to value beyond base pay.

CoStar Group Insights

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The Company
Arlington, VA
6,500 Employees
Year Founded: 1987

What We Do

CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

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