Senior Accountant, Revenue Accounting - CoStar Group - Arlington, VA
Job Description
Role Overview: Senior Accountant, Revenue Accounting Arlington, VA | In-office, Monday-Friday
We are seeking hands-on
Senior Accountant, Revenue Accounting to prepare workpapers for revenue accounting function. This role will be responsible for preparing workpapers related to revenue recognition, ensuring compliance with ASC 606, optimizing financial processes, and partnering cross-functionally to support Costar's continued growth.
The ideal candidate has knowledge in SaaS/software and eCommerce business models, including subscription-based revenue streams revenue accounting.
Revenue Accounting & Compliance - Prepare workpapers related to revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting.
- Prepare the workpapers and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies.
- Ensure to apply process improvements in revenue recognition, billing, and reporting to enhance accuracy and efficiency.
- Ensure compliance and internal controls related to revenue processes.
- Coordinate with external auditors to support revenue-related audit requirements.
- Prepare monthly and quarterly revenue close processes related workpapers, ensuring completeness, accuracy, and proper cut-off.
Cross-functional Collaboration & Leadership - Collaborate closely with Sales, Legal, FP&A, and Product teams to evaluate revenue implications of new business models, pricing strategies, and product offerings.
- Review SaaS, software, and professional services contracts, ensuring proper revenue treatment and identifying risks.
Systems & Process Optimization - Enhance and automate revenue accounting processes leveraging Oracle Fusion.
- Drive scalability in revenue operations to support Costar's continued expansion across global markets.
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.
- 4+ years of relevant accounting experience.
- Experience working in or auditing large international public companies.
- Knowledge in ASC 606 and revenue recognition within SaaS/software and eCommerce business models, including subscription-based revenue streams.
Preferred Qualifications - 4+ years of progressive experience in revenue accounting.
- 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.
What's 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, 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 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
- On-site fitness center and/or reimbursed fitness center membership costs (location dependent)
- Access to CoStar Group's 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.
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