Senior Manager, Technical Accounting

About the role

CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index, 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.

CoStar Group is seeking a Senior Manager, Technical Accounting to be a key member of its Corporate Controller's Organization. This individual will provide technical accounting and reporting research and guidance for financial transactions, support compliance with the Corporation's accounting policies and internal control requirements, analyze proposed accounting standards, support the external financial reporting function, and assist in developing the corporation's positions on emerging accounting and reporting matters. This is an individual contributor role that will work closely with senior leadership and cross-functional stakeholders. The successful candidate will combine strong technical accounting expertise, sound professional judgment, and a commitment to delivering high-quality service to stakeholders.

Responsibilities

• Lead and manage technical accounting assessments and provide guidance on complex transactions to senior management and key stakeholders.
• Provide ad hoc technical accounting guidance and collaborate with Finance, Legal, Tax, Operations, and other cross-functional teams on internal inquiries and business initiatives.
• Lead M&A technical accounting assessments, collaborating with internal teams and third-party specialists to determine the appropriate 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 memoranda on non-routine transactions, including revenue recognition, lessee and lessor accounting, business combinations, segments, stock-based compensation, and other technical topics.
• Prepare 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