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Accounting Manager

Accounting Manager

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Job Description

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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 to our customers.  

We’ve continually refined, transformed and perfected our approach to our business, creating a language that has 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 Accounting Manager will be primarily responsible for leading a portion of the Global monthly close process, specializing in areas such as cash, prepaid expenses, property, plant and equipment, employee compensation, marketing, leases and other expenses, including the review of monthly journal entries and account reconciliations.

This position will help to streamline our existing Global close process and find efficiencies to reduce the amount of time to close and further accelerate the time in which it takes to provide financial results to management. The Accounting Manager will also work with the Financial Planning and Analysis team and meet with various other departments to understand fluctuations from budget and forecast to assist in the monthly close process.  

This role will also include reporting responsibilities, such as preparing fluctuation analyses, management reporting, and disclosures for the Company’s quarterly and annual SEC filings and will work directly with external auditors in facilitating the quarterly reviews and year-end audits.

The Manager, Corporate Accounting will also work closely with the financial systems team on Oracle upgrades and implementations of new functionality and maintaining and designing reports used for management and external reporting.  This position will also be involved in other ad hoc projects including the integration of acquired businesses, including the integration and mapping of GL systems and close processes.

Other responsibilities for this position may include assisting in due diligence and purchase accounting procedures for acquisitions, assisting in the research of technical accounting matters, and preparation of technical accounting memos on issues relevant to CoStar. 

This position is located in Arlington, VA and requires to be in the office 5 days a week.

Responsibilities:

• Ensure the completeness, accuracy and timeliness of the Global month-end close, including review of monthly journal entries, and supporting schedules, and account reconciliations, and analysis of monthly financial results. 
• Assist with special projects within department or as part of cross-functional teams. 
• Research technical accounting issues. 
• Work with external auditors and facilitate successful completion of the annual audit including compliance with internal controls.

 Basic Qualifications:

• 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. 
• 5 years of relevant accounting experience.
• Experience working in or auditing a large international public company.

Preferred Qualifications:

•  Licensed CPA. 
•  Strong leadership, project management, and communication skills. 
•  Ability to think critically and analyze data effectively. 
• Ability to work effectively leading and within a team to complete projects. 
• Experience with Oracle Cloud ERP. 
• Experience with foreign currency accounting. 
• Experience working in a Big 4 or other regional public accounting firm. 
• Experience managing staff. 
 

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)
• 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.

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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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What You Should Know About Accounting Manager, CoStar

Are you ready to take the next step in your accounting career? Join CoStar Group as an Accounting Manager in Arlington, VA, and become a key player in our mission to revolutionize the real estate information landscape. As an Accounting Manager, you'll take charge of a significant part of our Global monthly close process, working on critical areas like cash management, employee compensation, and property expenses. Your expertise will streamline the monthly close, enabling us to get financial results to management faster. You'll collaborate with the Financial Planning and Analysis team, engage with various departments, and provide valuable insights into budget fluctuations, ensuring that every number tells a story. Additionally, you’ll prepare management reports, conduct fluctuation analyses, and play a pivotal role in our SEC filings. Your role will also bring you into close alignment with external auditors during quarterly reviews and audits. Moreover, you’ll be engaged in exciting projects such as integrating acquired businesses and enhancing our financial systems with Oracle upgrades. If you have a Bachelor's in Accounting, five or more years of accounting experience, and a passion for leading teams, we want to hear from you! At CoStar Group, we value professional growth, offering generous compensation, performance incentives, and a supportive work environment where innovation thrives. You'll enjoy comprehensive healthcare, on-site fitness benefits, and various resources to help you succeed both personally and professionally. Don't miss out on this opportunity to join a dynamic team and contribute to a company that’s been a leader in real estate for over 35 years!

Frequently Asked Questions (FAQs) for Accounting Manager Role at CoStar
What responsibilities does the Accounting Manager at CoStar Group have?

The Accounting Manager at CoStar Group is primarily responsible for overseeing a portion of the Global monthly close process, focusing on various financial elements including cash management, employee compensation, and more. This role includes reviewing journal entries, conducting account reconciliations, and preparing reports. The individual will also engage with the Financial Planning and Analysis team, work with external auditors, and contribute to special projects that enhance efficiency and accuracy within the department.

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What qualifications are required for the Accounting Manager position at CoStar Group?

To succeed as an Accounting Manager at CoStar Group, candidates need a Bachelor's degree in Accounting or Finance and at least five years of relevant accounting experience. Preferred qualifications include a CPA license, experience with Oracle Cloud ERP, and leadership capabilities. Familiarity with foreign currency accounting and experience working in or auditing large public companies can also be beneficial.

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What is the working environment like for the Accounting Manager at CoStar Group?

The working environment at CoStar Group is collaborative and innovative, which fosters professional growth and team success. The Accounting Manager position is office-based in Arlington, VA, requiring five days a week of in-person work. This setup allows for direct communication and collaboration with team members and departments across the organization.

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How does CoStar Group support the professional development of its Accounting Manager?

CoStar Group is dedicated to the growth of its employees, offering support for professional and academic advancement. This includes internal training programs, tuition reimbursement, and opportunities for participation in an inter-office exchange program. As an Accounting Manager, you will have access to resources that help you refine your skills and advance your career within the company.

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What benefits does CoStar Group offer to the Accounting Manager position?

CoStar Group provides its employees with a comprehensive benefits package that includes healthcare coverage, 401(K) retirement plans with matching contributions, employee stock purchases, paid time off, and fitness-related perks. They also offer legal support, mental health services, and perks like complimentary snacks and coffee to enhance overall employee satisfaction.

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Common Interview Questions for Accounting Manager
Can you describe your experience with the monthly close process?

When discussing your experience with the monthly close process, focus on specific roles you've undertaken, such as managing journal entries and account reconciliations. Highlight any efficiencies you've implemented to streamline the process. Use examples to illustrate your ability to work under deadlines, while ensuring accuracy and compliance with accounting principles.

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How do you prioritize tasks during the month-end closing?

Prioritization is crucial during month-end closing. Explain your approach, such as creating a checklist or using project management tools to track progress. Mention any methods you've developed to quickly identify and resolve issues, ensuring all tasks are completed on time while maintaining accuracy.

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What leadership experience do you have that will help you in the role of Accounting Manager?

Talk about any teams you've led, focusing on how you motivate and manage team dynamics. Discuss how you've contributed to team success, resolved conflicts, and mentored junior staff. Relate your leadership style to how it aligns with CoStar Group's collaborative culture.

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How do you handle discrepancies in financial reports?

Explain your process for investigating discrepancies, such as gathering data for analysis and communication with team members or departments involved. Describe a specific instance where you successfully identified and resolved a discrepancy, emphasizing your analytical skills and methodical approach.

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What accounting software are you proficient in, and how have you used it in your previous roles?

Discuss your proficiency in accounting software, particularly Oracle Cloud ERP if applicable. Provide examples of how you've utilized such software for financial reporting, budgeting, or month-end closing tasks, highlighting any specific functionality that enhanced your productivity.

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Can you provide an example of a technical accounting issue you've handled?

When asked this question, share a specific example of a technical accounting issue, your approach to researching the matter, and the resolution you've implemented. Explain the impact this had on financial reporting or compliance, demonstrating your depth of knowledge in accounting standards.

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How do you ensure compliance with internal controls during audits?

Address how you've developed an understanding of internal controls in your previous roles. Discuss how you prepare for audits by reviewing processes and ensuring documentation is in order. You can also mention any successful experiences working directly with auditors.

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What strategies do you use to communicate complex financial information to non-financial stakeholders?

Highlight your ability to tailor your communication style based on the audience. Describe strategies like using visual aids, simplifying terminology, and focusing on key insights rather than overwhelming details. Provide an example where your communication skills led to better understanding and decision-making.

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In your opinion, what are the key factors to consider for effective financial planning?

Discuss your perspective on financial planning, emphasizing the importance of accurate data analysis, understanding market trends, and integrating feedback from various departments. Illustrate your viewpoint with examples from your past experience where your insights led to improved financial outcomes.

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How do you stay updated on changes in accounting regulations?

Explain your commitment to continuous learning, including following relevant industry publications, joining professional organizations, and attending seminars or workshops. Discuss how staying updated has positively impacted your work and has allowed you to implement best practices.

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OUR MISSIONWe are digitizing the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

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DATE POSTED
April 17, 2025

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