Director of Technical Accounting, CoStar Group – Arlington, VA

CoStar Group•Arlington, TX

10h•Onsite

About The Position

CoStar Group is seeking candidates for a Director of Technical Accounting to be a key member of its Corporate Controller's Organization. The Director will be responsible for providing technical accounting and reporting research and guidance for financial transactions, developing and monitoring compliance with the Corporation’s accounting policies and internal control requirements, analyzing proposed accounting standards, oversight of the external financial reporting function, and assisting in the development the Corporation’s positions on emerging accounting and reporting matters. Additionally, this role will be responsible for managing and developing team members. We are focused on hiring individuals who possess a combination of strong leadership and technical skills and have a passion for being innovative and delivering exceptional ideas and service to our stakeholders.

Requirements

10 years of experience at a Big 4 accounting firm (preferred) and a technical accounting role for a large public entity
CPA designation
Bachelor’s degree in Accounting, Finance, or a related business discipline from an accredited, not-for-profit University or College
A track record of commitment to prior employers
Expertise in GAAP, including ASC 842, ASC 805, ASC 606, and ASC 360 and U.S. SEC regulations
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
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
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
Develop, mentor, and influence a high-performing technical accounting team while fostering a culture of collaboration and accountability

Nice To Haves

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
Ability to leverage 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

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. 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 memos on non-routine transactions, including revenue recognition, lessee and lessor accounting, business combinations, segments, stock-based compensation, and other technical topics
Overseeing 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, including newly issued and emerging pronouncements
Preparation of 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 accounting control procedures are in place and maintained for technical accounting analyses
Stay abreast of emerging accounting standards, evaluate their potential impact on the organization, and ensure timely adoption and disclosure
Developing, coordinating, and leading internal accounting and reporting training courses

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
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