Senior Accountant

Senior Accountant

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: As a Senior Accountant, you will be primarily responsible for assisting in the global monthly revenue close process, including the analysis on accounts receivable and preparation of the allowance for credit losses. Revenue close responsibilities include preparation of (i) monthly journal entries, (ii) account reconciliations, and (iii) variance analyses related to the monthly results. This position will also collaborate with the Financial Planning and Analysis, Billings, Cash collections and Revenue Service teams to assist in the monthly close process and to understand fluctuations from budget and forecast.

The Senior Accountant should have a general knowledge Generally Accepted Accounting Principles (“GAAP”) and experience (i) working within a monthly close process, (ii) preparing journal entries and account reconciliations, (iii) identifying and improving monthly processes. The Senior Accountant should be eager to learn and demonstrate strong communication, time management and organizational skills. This person should be highly adaptable to change due to Costar’s rapid growth via organic growth and acquisitions. The Senior Accountant will have a strong work ethic and the ability to work both independently and collaboratively. This position will report to the Accounting Manager.

This position may get exposure to technical accounting issues and interactions with external auditors related to the close process, account reconciliations and variance analyses.

Responsibilities:

• Preparation of monthly journal entries and supporting schedules and review of monthly financial results.
• Accounts receivable analysis and preparation of the allowance for credit losses.
• Assistance in a variety of aspects of the Enterprise Resource Planning system implementation.
• Assistance with special projects within department or as part of cross-functional teams.
• Research technical accounting issues.
• Work with external auditors and facilitate review of the close process, account reconciliations and variance analyses.
• Ensure timely monthly close and accurate monthly results.

Basic Qualifications:

• Bachelor’s in Accounting or Finance from an accredited, not-for-profit University or College.
• A track record of commitment to prior employers.
• 3-5 year’s accounting experience working in a large international public company and/or Big 4 accounting firm
• Experience preparing or reviewing monthly journal entries and account reconciliations.
• Process implementation experience.
• Strong project management, time management, and organizational skills.
• General knowledge of GAAP guidelines and ability to enhance knowledge and apply to a variety of situations.
• Familiarity with systems and optimizing use of systems to generate data for analyses.
• Strong Excel skills required.

Preferred Qualifications:

• Experience with Oracle ERP a plus.
• Demonstrated working knowledge of ASC 606 a plus.
• CPA or CPA candidate.

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)  
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups  
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks  

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.

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