Financial Analyst - Commissions

Costar Group • Richmond, VA

89d

About The Position

At CoStar Group, our finance group centralizes transaction processes, providing accurate reporting, financial resolutions, and proper forecasting analysis. Joining the team offers access to financial specializations, including accounts payable, accounts receivable, cash and asset management, client contracts and billing, sales commissions, and revenue recognition. 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.

Requirements

• Bachelor's degree from an accredited, not-for-profit University or College
• 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

Nice To Haves

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

Responsibilities

• Analysis of sales commission on month to month/year to year and other ad hoc reporting
• Work with Financial Planning and Analysis team and Sales Leadership on monthly reporting and forecasting of company wide commission expense
• Help in the design and creation of yearly commission plans and 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

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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Broadcasting and Content Providers
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees