Financial Reporting Manager

Costar Group, Inc. Washington , DC 20319

Posted 1 week ago

Financial Reporting Manager

Job Description

CoStar Group Company Intro:

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world's real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings for our customers. We've continually refined, transformed, and perfected our approach to our business, creating platforms that have become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

Role Description: The Financial Reporting Manager will primarily be responsible for the preparation of the quarterly and annual financial statements of CoStar and supporting the completion of other regulatory filings. The position will also assist with the resolution of technical accounting matters such as the implementation of new accounting standards and conducting research of authoritative accounting guidance to ensure transactions are recognized in accordance with U.S. Generally Accepted Accounting Principles. The Financial Reporting Manager will be responsible for working with the external auditors and assisting them with test of controls, interim procedures, quarterly reviews and year-end audits. This position will help to ensure support schedules are accurate and provided to the auditors timely. This position will also serve as a point of contact for external auditor questions and may assist the internal audit department with Sarbanes-Oxley requirements as needed.

Other responsibilities for this position include assisting with due diligence and purchase accounting procedures for acquisitions, coordinating with third party valuation experts for intangible asset valuations, and serving as a point of contact for external auditors' questions related to acquisitions.

The Financial Reporting Manager should exhibit an in-depth knowledge of GAAP guidelines, SEC reporting requirements and auditor methodologies; strong ability to research, assess the impact and document technical accounting issues; strong project management, time management and organizational skills; strong work ethic; and the ability to work independently and collaboratively.

Responsibilities:

  • Own the beginning-to-end process of producing the Company's quarterly and annual SEC filings, earnings release, registration statements, and all other external financial reporting requirements including drafting the MD&A, financial statement disclosures and related footnotes, and maintaining a SEC reporting calendar.

  • Partner with colleagues in other departments, including the internal Legal department and Investor Relations, in the drafting of Forms 10-Q and 10-K.

  • Lead coordination with and provide support for internal and external audits and reviews of SEC filings.

  • Coordinate the gathering and preparation of schedules to support financial statement disclosure.

  • Monitor changes in US GAAP and SEC requirements and ensure accounting practices, reporting, and disclosures are in compliance.

  • Coordinate the gathering and preparation of schedules to support financial statement disclosures.

  • Manage outsourced XBRL tagging process on applicable SEC filings.

  • Perform technical accounting research and special projects as requested.

  • Draft well-written accounting memos and position papers for material and/or complex transactions.

Basic Qualifications:

  • Bachelor's in Accounting or Finance from an accredited, not-for-profit University or College.

  • A track record of commitment to prior employers.

  • Excellent analytical, oral, and written communication skills with the ability to exercise initiative, good judgment, close attention to detail, and emphasis on process improvement.

  • Current CPA license.

  • Strong computer proficiency (Excel, Oracle and Wdesk) required.

  • 5 years of experience in accounting and financial reporting at a publicly traded company or public accounting.

  • Demonstrate a desire to learn, possess a good attitude, and work well independently and as part of a team.

  • Experience with SEC financial reporting (e.g., financial statements within Forms 10-K and 10-Q).

Preferred Qualifications:

  • Master's Degree preferred.
  • 8 years of experience in accounting and financial reporting at a publicly traded company or public accounting with a national firm with increasing levels of responsibility including monthly close, preparing financial statement.

What's in it for you?

When you join CoStar Group, you'll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to):

  • 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), with yoga studio, Pelotons, personal training, group exercise classes

  • Access to CoStar Group's Diversity, Equity, & Inclusion Employee Resource Groups

  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar Group is not able to provide visa sponsorship for this position.

#LI-SM8

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing


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