Senior Accountant, Revenue Accounting - CoStar Group - Arlington, VA

CoStar•Arlington, VA

2d•Onsite

About The Position

CoStar Group is seeking a hands-on Senior Accountant, Revenue Accounting to prepare workpapers for the revenue accounting function. This role will be responsible for preparing workpapers related to revenue recognition, ensuring compliance with ASC 606, optimizing financial processes, and partnering cross-functionally to support CoStar's continued growth. The ideal candidate has knowledge in SaaS/software and eCommerce business models, including subscription-based revenue streams and revenue accounting.

Requirements

Bachelor's degree in Accounting or Finance or related from an accredited, not-for-profit University or College.
A track record of commitment to prior employers.
4+ years of relevant accounting experience.
Experience working in or auditing large international public companies.
Knowledge in ASC 606 and revenue recognition within SaaS/software and eCommerce business models, including subscription-based revenue streams.

Nice To Haves

4+ years of progressive experience in revenue accounting.
CPA or equivalent designation strongly preferred.
Experience working in a high-growth, global organization.
Strong analytical, communication, and stakeholder management skills.
Ability to thrive in a fast-paced environment and drive continuous process improvement.

Responsibilities

Prepare workpapers related to revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting.
Prepare the workpapers and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies.
Ensure to apply process improvements in revenue recognition, billing, and reporting to enhance accuracy and efficiency.
Ensure compliance and internal controls related to revenue processes.
Coordinate with external auditors to support revenue-related audit requirements.
Prepare monthly and quarterly revenue close processes related workpapers, ensuring completeness, accuracy, and proper cut-off.
Collaborate closely with Sales, Legal, FP&A, and Product teams to evaluate revenue implications of new business models, pricing strategies, and product offerings.
Review SaaS, software, and professional services contracts, ensuring proper revenue treatment and identifying risks.
Enhance and automate revenue accounting processes leveraging Oracle Fusion.
Drive scalability in revenue operations to support Costar’s continued expansion across global markets.

Benefits

Generous compensation and performance-based incentives.
Internal training and tuition reimbursement.
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