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

CoStar•Arlington, VA

1d•Onsite

About The Position

CoStar Group is seeking a hands-on Senior Manager of Revenue Accounting to manage the revenue accounting function. This role will be responsible for managing revenue recognition, ensuring compliance with ASC 606, optimizing financial processes, and partnering cross-functionally to support CoStar's continued growth. The ideal candidate has deep expertise in SaaS/software and eCommerce business models, including subscription-based revenue streams, revenue accounting, a technical accounting background, and experience in scaling revenue accounting operations in a high-growth environment. This role will require alignment of revenue processes and systems for our acquired entities.

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.
8+ years of relevant accounting experience.
CPA designation is required.
Experience working in or auditing large international public companies.
Deep expertise in ASC 606 and revenue recognition within SaaS/software and eCommerce business models, including subscription-based revenue streams.

Nice To Haves

10+ years of progressive experience in revenue accounting, with at least 3+ years in a manager role.
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

Manage revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting.
Manage the review and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies.
Manage process improvements in revenue recognition, billing, and reporting to enhance accuracy and efficiency.
Ensure compliance and internal controls related to revenue processes.
Partner with external auditors to support revenue-related audit requirements.
Manage monthly and quarterly revenue close processes, ensuring completeness, accuracy, and proper cut-off.
Manage revenue-related accounting memos and technical assessments for complex transactions.
Collaborate closely with Sales, Legal, FP&A, and Product teams to evaluate revenue implications of new business models, pricing strategies, and product offerings.
Act as a trusted advisor to senior leadership on revenue-related matters, providing insights and recommendations for business decisions.
Lead, mentor, and develop a high-performing revenue accounting team.
Review and interpret 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.
Implement best practices for revenue forecasting and analytics to provide actionable insights to finance and executive leadership.

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