Manager, Financial Planning and Analysis - CoStar Group - Richmond, VA

CoStar•Richmond, VA

3d•$119,000 - $161,000•Onsite

About The Position

CoStar is currently seeking a Manager, Financial Planning and Analysis for the Sales Finance group. In this position the Manager will be responsible for overseeing the Commissions group to ensure accurate and timely calculation and payment of sales commissions for CoStar’s over 900 sales employees. The Manager will report to the Senior Director of Finance and will work closely with other professionals within Sales, HR and Finance to manage the monthly sales commission process. The Manager will also play a major role in commission plan design, analysis, and reporting. In addition to sales commissions, the Manager and his/her team will work closely with the rest of the Finance team in areas like forecasting, budgeting and other analysis.

Requirements

Bachelor's degree in accounting or finance from an accredited, not-for-profit University or College.
5+ years of experience in Finance, Business Management, or Accounting, demonstrating professional growth and a trend of increasing responsibility.
Experience in people management or team lead.
Strong Microsoft Excel and Power Point skills and experience with commissions/incentive compensation systems or other financial systems
Experience in Commissions, Sales Finance, Sales Operations or Corporate Finance.
Ability to communicate effectively with executive level professionals within and outside of Finance.
Proven track record in recruiting, training, and managing finance staff.
Ability to adapt to changing priorities and thrive in a high transactional environment.
Detailed-oriented with a high degree of accuracy and analytical thinking.

Nice To Haves

MBA degree preferred.
3+ years of people management experience, leading successful teams of 4+ individual contributors.
The ideal candidate must have excellent written and oral communication skills with a record of accomplishment working successfully with both financial and non-finance professionals.
An analytical business background, problem-solving skills, strategic thinking, and high attention to detail.
Ability to work in a fast-paced and challenging environment.
Familiarity with financial reporting and/or business intelligence tools (Power BI).
Advanced knowledge of leveraging Power Query.
Strong working knowledge of accounting.

Responsibilities

Manage a team of financial analysts to develop, model, calculate, and report on commission plans.
Design, develop, and maintain commission plans that align with company objectives, sales goals, and individual performance metrics.
Partner with sales leadership and other internal groups (Finance and HR) to assist in commission plan and tracking analyses; perform quality controls to maintain high levels of quality, accuracy, and process consistency.
Maintain comprehensive commission plan documentation. Adopt and maintain effective sales force communications to foster a greater understanding of the commission plans.
Create ad hoc reports/analysis for business unit heads and executive management.
In coordination with the Commission team, work to streamline and automate processes that result in timely and accurate commissions payments.
Oversee the implementation and maintenance of new commission calculation systems; collaborate with IT and Finance teams to ensure accuracy and reliability of commission calculations.
Ensure all audit support and approvals are done and documented.
Track and monitor individual and team performance.

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 Employee Resource Groups
Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks