Job Description

Role Overview: Manager, Financial Planning and Analysis 

On-site Monday-Friday | Richmond, VA

At CoStar Group, our finance group centralizes transaction processes, providing accurate reporting, financial resolutions, and proper forecasting analysis. Joining the team offers access to financial specializations, including accounts payable, accounts receivable, cash and asset management, client contracts and billing, and revenue recognition. 

CoStar is currently seeking a Manager, Financial Planning and Analysis for the Sales Finance group. In this position the Manager will be responsible for overseeing the Commissions group to ensure accurate and timely calculation and payment of sales commissions for CoStar’s over 900 sales employees. 

The Manager will report to the Senior Director of Finance and will work closely with other professionals within Sales, HR and Finance to manage the monthly sales commission process. The Manager will also play a major role in commission plan design, analysis, and reporting. In addition to sales commissions, the Manager and his/her team will work closely with the rest of the Finance team in areas like forecasting, budgeting and other analysis. 

Responsibilities

• Manage a team of financial analysts to develop, model, calculate, and report on commission plans. 
• Design, develop, and maintain commission plans that align with company objectives, sales goals, and individual performance metrics.
• Partner with sales leadership and other internal groups (Finance and HR) to assist in commission plan and tracking analyses; perform quality controls to maintain high levels of quality, accuracy, and process consistency. 
• Maintain comprehensive commission plan documentation. Adopt and maintain effective sales force communications to foster a greater understanding of the commission plans. 
• Create ad hoc reports/analysis for business unit heads and executive management. 
• In coordination with the Commission team, work to streamline and automate processes that result in timely and accurate commissions payments. 
• Oversee the implementation and maintenance of new commission calculation systems; collaborate with IT and Finance teams to ensure accuracy and reliability of commission calculations. 
• Ensure all audit support and approvals are done and documented.
• Track and monitor individual and team performance.

Basic Qualifications

• Bachelor's degree in accounting or finance from an accredited, not-for-profit University or College.
• 5+ years of experience in Finance, Business Management, or Accounting, demonstrating professional growth and a trend of increasing responsibility.
• Experience in people management or team lead.
• Strong Microsoft Excel and Power Point skills and experience with commissions/incentive compensation systems or other financial systems 
• Experience in Commissions, Sales Finance, Sales Operations or Corporate Finance.
• Ability to communicate effectively with executive level professionals within and outside of Finance.
• Proven track record in recruiting, training, and managing finance staff.
• Ability to adapt to changing priorities and thrive in a high transactional environment.
• Detailed-oriented with a high degree of accuracy and analytical thinking.

Preferred Qualifications:

• MBA degree preferred. 
• 3+ years of people management experience, leading successful teams of 4+ individual contributors. 
• The ideal candidate must have excellent written and oral communication skills with a record of accomplishment working successfully with both financial and non-finance professionals. 
• An analytical business background, problem-solving skills, strategic thinking, and high attention to detail. 
• Ability to work in a fast-paced and challenging environment. 
• Familiarity with financial reporting and/or business intelligence tools (Power BI).
• Advanced knowledge of leveraging Power Query.
• Strong working knowledge of accounting. 

Whats In It For You? 

If you are a driven professional looking for a high-growth, high-reward career, CoStar Group offers the ideal opportunity.  Be part of a best-in-class company with strong year-over-year growth that invests in your success. Enjoy a rewarding atmosphere where you can learn, excel, and grow. 

When you join CoStar Group, youll 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 and tuition reimbursement.  

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 Groups Employee Resource Groups 

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

Sponsorship 

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.  

Pay Transparency

The final salary or hourly rate offered for this role will fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.

Base Compensation: $119,000.00 - 161,000.00 USD Annual