Senior Product Manager, Lease Accounting

CoStar Group • Atlanta, GA

3d • Onsite

About The Position

We are seeking a passionate and knowledgeable Senior Product Manager, Lease Accounting to join our CoStar Real Estate Manager and Visual Lease teams focused on developing cutting-edge Lease Accounting and Portfolio Management solutions used by thousands of companies around the world. This role is integral to delivering new features and capabilities that align with complex accounting standards (e.g., ASC 842, IFRS 16, GASB 87) and other accounting compliance needs our customers will face as additional guidance is released. Your role will be to serve as the Subject Matter Expert and you will collaborate closely with our growing partner network, Product Managers, Designers, and Engineers to deliver a best-in-class user experience that meets both the technical and regulatory requirements of our global customer base across multiple products, while meeting high quality standards for customer satisfaction. This is a full-time in office position based in either Woodbridge, NJ or Atlanta, GA.

Requirements

• A bachelor’s degree is required from an accredited, not-for-profit University or College in Accounting, Finance, Business, or a related field
• 5+ years of direct experience in GAAP accounting, lease accounting, financial reporting, or compliance roles, demonstrating comprehensive knowledge of ASC 842, IFRS 16, or related standards.
• 3+ years of experience as a Product Manager, Product Owner or Business Analyst
• Familiarity with financial reporting (Lease Accounting Disclosures, Roll Forward Reports, Forecasting), audit processes, and regulatory compliance requirements for public and private entities.
• Comfortable working with engineering teams to effectively bridge the gap between technical needs and accounting needs.
• Ability to translate complex functional requirements into clear, actionable tasks.
• Excellent written and verbal communication skills to convey complex accounting and technical concepts to both business and technical audiences.
• A track record of commitment to prior employers.

Nice To Haves

• Master’s degree in Accounting, Finance, Business, or a related field or CPA
• Product Manager, Product Owner or Business Analyst experience specific to accounting or financial software. Similar experience accepted and encouraged to apply.
• Ability to lead engineering ceremonies such as sprint planning, backlog refinement, and daily stand-ups with a balanced focus on delivery and quality.
• Ability to make and justify decisions confidently in the area of your expertise.

Responsibilities

• Be the Lease Accounting Expert: Organize and share best practices related to corporate lease accounting processes
• Stay updated on lease accounting rules established by domestic and international financial accounting governing bodies
• Leverage research and other educational content
• Engage key customers, prospects, service partners, analysts and industry subject matter experts (“external stakeholders”) to keep a pulse of lease accounting best practices and common needs and roadblocks
• Engage key internal teams such as Sales, Support, Implementation and Alliances (“internal stakeholders”) to understand the impact of persistent lease accounting roadblocks and needs
• Document and share updated best practices internally and externally as needed
• Maintain Backlog: Capture, groom lease accounting backlog items and inform prioritization decisions
• Serve as the primary point of contact to collect and prioritize all feedback related to lease accounting functionality
• Capture and continuously update backlog details for all Lease Accounting-related items so they reflect relevant insights from stakeholders and market research
• Use analytics tools to track product performance and drive improvements
• Provide prioritization recommendations to Product Leadership to optimize business value, aligning customer demands, regulatory needs and company goals
• Design Release-Ready functionality: Design easy to use, effective and scalable lease accounting functionality to address market needs
• Document and share all technical requirements
• Collaborate with Product Designer to meet internal design requirements while addressing user needs
• Work with Product Leadership to approve designs and ensure alignment with business goals
• Partner with Engineering to ensure accurate execution and conduct testing for iterative improvements
• Quality Assurance & Acceptance Testing Develop clear acceptance criteria and testing plans
• Lead user acceptance testing (UAT) and work with QA teams to identify and resolve defects
• Ensure Adoption: Enable successful lease accounting product adoption
• Lead feature demos using realistic lease data. Communicate technical requirements clearly to internal teams in-person or virtually.
• Expose and address release risks.
• Recommend implementation and training approaches and ensure materials capture technical details
• Ensure GTM materials accurately capture functionality
• Gather feedback from internal stakeholders to determine customer acceptance and alignment
• Monitor and analyze adoption using user analytics (currently via Pendo) and support cases post-release (currently via Salesforce) to capture additional backlog items that address customer issues.

Benefits

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
• Life, legal, and supplementary insurance
• Commuter and parking benefits
• 401(K) retirement plans with matching contributions
• Employee stock purchase plan
• Paid time off
• Tuition reimbursement
• Complimentary gourmet coffee, tea, prepared foods, fresh fruit, and other healthy snacks

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees