Director of Technical Accounting, CoStar Group – Arlington, VA
CoStar Group · Arlington, VA · 3 wk ago
Finance$173k–$290k/yrFull-time
About the role
The Director of Technical Accounting at CoStar Group will play a crucial role in the Corporate Controller’s Organization. They will lead and manage technical accounting assessments, provide guidance on complex transactions, conduct M&A technical accounting assessments, and oversee the preparation and filing of financial statements.
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
- Conduct technical accounting research under U.S. GAAP, IFRS, and statutory accounting frameworks and prepare memos on non-routine transactions
- Oversee 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
- 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 and ensure appropriate accounting control procedures are in place and maintained
- Develop, mentor, and influence a high-performing technical accounting team while fostering a culture of collaboration and accountability
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
- 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
- Prior experience applying IFRS in a multinational or cross-border reporting environment, including evaluating differences between U.S. GAAP and IFRS and advising stakeholders on accounting impacts
- Strong technical expertise in equity instrument accounting, including share-based compensation, equity-classified and liability-classified awards, modifications, valuation considerations, and related disclosures
- Demonstrated experience supporting or drafting SEC proxy statement disclosures, including equity compensation plans, executive compensation tables, and related narrative discussion
- Familiarity with governance, compensation committee materials, and coordination with Legal, HR, and external advisors on equity- and proxy-related matters
- Experience leveraging AI-enabled tools and automation to enhance technical accounting research, data analysis, and financial reporting preparation, improving efficiency, consistency, and documentation quality while maintaining strong controls and professional judgment
Preferred Qualifications
- Experience in 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
- 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
Benefits
- 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
- Commute 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