Financial Analyst, Commissions - CoStar Group - Richmond, VA

Reposted 4 Days Ago
Richmond, VA, USA
In-Office
70K-80K Annually
Junior
Information Technology • Real Estate • Analytics
The Role
Calculates and pays sales commissions for more than 1,300 salespeople, analyzes commission trends, and supports forecasting of company-wide commission expenses. Partners with Sales, Finance, and HR on incentive plans, reporting, quality control, and process improvements. Creates and documents commission plans, communicates plan details, and prepares ad hoc analyses for business leaders and executives.
Summary Generated by Built In
Financial Analyst, Commissions - CoStar Group - Richmond, 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 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. 

We are searching for an exceptional Financial Analyst who will join our Sales Finance team in Richmond, Virginia. The Financial Analyst will be responsible for assisting the accurate and timely calculation and payment of sales commissions for CoStar’s over 1,300 salespeople as well as other Financial Planning and Analysis responsibilities.  In addition to the monthly calculation of the Commission payments, the Analyst will be responsible for increasing the communication, efficiency, and transparency of our commission plans to our sales force. 

Role Overview: Financial Analyst 

On-site Monday-Friday | Richmond, VA

RESPONSIBILITIES

Analysis of sales commission on month to month/year to year and other ad hoc reporting.

The Analyst will also be responsible for working with our Financial Planning and Analysis team and Sales Leadership on monthly reporting and forecasting of our company wide commission expense. 

The Analyst will help in the design and creation of our yearly commission plans as well as any new commission plans that arise throughout the year.

Partner with sales leadership and other internal groups (finance and HR) to assist in incentive plan and tracking analyses; perform quality control to maintain high levels of quality, accuracy, and process consistency.

Maintain comprehensive commission plan documentation.

Maintain sales force communications to foster a greater understanding of the Commission Plans.

Create ad hoc reports/analysis for business unit heads and executive management.

BASIC QUALIFICATIONS

  • Bachelor’s degree from an accredited, not-for-profit, in-person college/university
  • A track record of commitment to prior employers
  • 2+ years of related work experience in corporate finance, accounting, or sales finance/operations
  • Strong Excel Skills 
  • Ability to communicate effectively with executive level professionals within and outside of the Finance Department
  • Ability to identify and help improve current processes to make workflow more efficient
  • Strong attention to detail

PREFERRED QUALIFICATIONS

  • Power query or PowerBI knowledge
  • Experience in commissions, sales finance/operations, contracts, or revenue accounting
  • Evidence of strong academic performance in college

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, 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 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.  

Pay Transparency

The final salary or hourly rate offered for this role will fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.
 
Base Compensation: $70,000 - $80,000 USD Annual


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 from an accredited, not-for-profit, in-person college or university
  • Track record of commitment to prior employers
  • 2 or more years of related experience in corporate finance, accounting, or sales finance/operations
  • Strong Microsoft Excel skills
  • Ability to communicate effectively with executive-level professionals inside and outside the Finance Department
  • Ability to identify and improve processes to increase workflow efficiency
  • Strong attention to detail
  • Knowledge of Power Query or Power BI
  • Experience with commissions, sales finance/operations, contracts, or revenue accounting
  • Evidence of strong academic performance in college

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
HQ: 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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