Director of Revenue Accounting
| Company | CoStar Group |
|---|---|
| Location | Arlington, VA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Expert or higher |
Requirements
- Bachelor’s degree in Accounting or Finance or related from an accredited, not-for-profit University or College.
- 10+ years of relevant accounting experience.
- Experience working in or auditing large international public companies.
Responsibilities
- Oversee global revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting.
- Lead the review and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies.
- Drive 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.
- Oversee 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.
- 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.
Preferred Qualifications
- 10+ years of progressive experience in revenue accounting, with at least 3+ years in a leadership role.
- Deep expertise in ASC 606 and revenue recognition for the software/SaaS industry.
- 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.