CoStar Group

Vice President, Treasurer and Cash Management

CoStar Group$150K — $200K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related field from an accredited institution.
  • 9+ years of financial leadership experience.
  • Strong proficiency in Microsoft Excel and financial modeling.
  • Experience with financial and budgeting applications.
  • Familiarity with business process methodologies like Lean or Six Sigma.

Responsibilities

  • Manage treasury functions and investment of $3.9 billion in cash.
  • Oversee banking structures domestically and internationally.
  • Cultivate relationships with financial institutions and ratings agencies.
  • Support financing strategies and capital allocation decisions.
  • Manage foreign currency exposure and cash flow oversight.
  • Develop and implement a unified payments infrastructure.
  • Consolidate existing payment systems for scalability.

Benefits

  • Comprehensive healthcare coverage including medical, vision, dental, and prescription drug.
  • Life, legal, and supplementary insurance options.
  • Mental health counseling services available virtually and in person.
  • 401(K) retirement plan with matching contributions.
  • Employee stock purchase plan offered.
  • Paid time off for work-life balance.
  • Tuition reimbursement for professional growth.
  • On-site fitness center and fitness membership reimbursement options.
  • Access to Employee Resource Groups for community support and networking.
  • Complimentary gourmet coffee, healthy snacks, and fresh fruit.
Full Job Description
Vice President, Treasurer and Cash Management

Job Description

VP Treasurer - Arlington, VA -

Job description

Role Overview: Senior Equity Administrator

Arlington, VA | In-office, Monday - Friday

We are open to providing relocation support for the right candidate.

CoStar Group is currently seeking an experienced Vice President, Treasurer and Cash Management to join their Financial Leadership team. The Vice President, Treasurer and Cash Management will report directly to the Chief Financial Officer and lead areas focusing on digital payments, payment platforms for our customers and consolidation of disparate systems from acquisitions and new products. This position will play a significant role in creating and managing a treasury function for the company to manage debt, rating agency/debt investor relationships, and also manage/improve our growing international payments structures internationally.

RESPONSIBILITIES
  • Treasury
  • Investment management ($3.9B in cash)
  • Banking structure - domestic and international
  • Relationships with financial institutions, ratings agencies and bond holders/debt investors
  • Financing strategies and capital allocation decision support
  • Foreign currency management
  • Cash flow oversight - borrowing, public debt, investments
  • Digital payments and cash receipts
  • Design and implementation of a common domestic and international payments infrastructure and solutions
  • Consolidation of existing payment methods and systems to a common, scalable infrastructure
  • Manage card network relationships
  • Monitor and improve performance in conjunction with the business teams
  • Capital projects - specifically, facilities infrastructure in Richmond and other large leasehold improvement investments - including funding, sales leaseback, etc.


BASIC QUALIFICATIONS

  • Bachelor's degree in Finance, Accounting, Human Resources, or related field from an accredited, not-for-profit, in-person college/university.
  • 9 plus years of financial leadership/management
  • Strong Microsoft Excel and financial modeling skills
  • Experience using financial and budgeting applications is also required
  • Business Process methodology experience - Lean or Six Sigma is preferred


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
  • Paid time off
  • Tuition reimbursement
  • 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.

About CoStar Group

CoStar Group is a provider of information, analytics and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain. Founded in 1987 by Andrew C. Florance, the company has grown to include online database CoStar and many online marketplaces, including Apartments.com, LoopNet, Lands of America, and BizBuySell. CoStar Group was founded in 1987 by Andrew C. Florance in Washington, D.C. In 1998, the company became a public company via an initial public offering on the NASDAQ, raising $22.5 million. In 2004, CoStar Group, Inc. v. LoopNet, Inc. became a landmark case in copyright law. In October 2009, the company acquired a building in Washington, D.C., now its headquarters, from the Mortgage Bankers Association for $41.3 million. The building had sold 2 years earlier for $79 million and the company claims it used its analytics data to know the right time to buy. In April 2012, CoStar Group acquired LoopNet for $860 million. In April 2014, the company acquired Apartments.com for $585 million. In April 2015, the company acquired Apartment Finder for $170 million. In July, the company acquired Belbex an online marketplace and information provider for commercial property based in Spain. In February 2017, the company acquired Westside Rentals. In February 2018, the company acquired ForRent.com from Dominion Enterprises for $350 million in cash and $35 million in stock. In October, the company acquired Realla.co an online marketplace for commercial property based in the United Kingdom. In November, the company acquired Cozy Services for $68 million.
Learn more about CoStar Group
Size
4,742 employees
Market Cap
$31.3 billion
Industry
Net Income
$227.1 million
Founded
1987
5 Year Trend
+18.3%
Revenue
$1.6 billion
NASDAQ

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