Manager, Revenue Accounting - CoStar Group - Arlington, VA

CoStar Group; Arlington (VA); On-site; USD 116,000 - 158,000; Full time

Benefits offered by this job

Comprehensive healthcare coverage

401(K) retirement plan with matching

Job summary

CoStar Group in Arlington, VA is seeking a hands-on Manager of Revenue Accounting to lead revenue recognition, close processes, and cross-functional collaboration with Sales, Legal, FP&A, and Product. The role emphasizes GAAP, ASC 606, and scalable processes to support growth in a high‑growth, global organization.

The ideal candidate will have 7+ years in revenue accounting, a Big 4 background, and strong leadership with the ability to manage complex transactions and provide strategic insights

Qualifications

• 7+ years of relevant revenue accounting experience including Big 4/public accounting background.
• Strong understanding of ASC 606 and revenue recognition principles.
• Experience mentoring and leading a team in a fast-paced environment.
• Ability to collaborate cross-functionally with Sales, Legal, FP&A and Product teams.

Responsibilities

• Manage revenue recognition in compliance with ASC 606 and ensure timely reporting.
• Review customer contracts for proper revenue treatment and policy adherence.
• Enhance and automate revenue accounting processes and reporting, including close processes.
• Partner with external auditors to support revenue-related audits.
• Lead and develop the revenue accounting team and liaise with senior leadership on key issues.

Skills

Revenue accounting

GAAP knowledge

Communication

Time management

Leadership

Education

Bachelor’s degree in Accounting/Finance

Tools

Oracle

Job description

Manager, Revenue Accounting - CoStar Group - Arlington, VA

Job Description

Who is CoStar Group?

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, 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 Overview: Manager, Revenue Accounting

Arlington, VA | In-office, Monday-Friday

We are seeking hands‑on Manager of Revenue Accounting to manage revenue accounting function. This role will be responsible for managing revenue recognition, ensuring compliance with ASC 606, optimizing financial processes, and partnering cross‑functionally to support Costar's continued growth.

The ideal candidate has deep expertise in SaaS/software and eCommerce business models, including subscription-based revenue streams revenue accounting, technical accounting background, and experience in scaling revenue accounting operations in a high-growth environment. This role will require alignment of revenue processes and systems for our acquired entities.

The Manager should have a general knowledge Generally Accepted Accounting Principles("GAAP") and experience (i) working within a monthly close process, (ii) reviewing and preparing journal entries and account reconciliations, (iii) identifying and improving monthly processes. The Manager should be eager to learn and demonstrate strong communication, time management and organizational skills. The Manager will have a strong work ethic and the ability to work both independently and collaboratively.

This position may get exposure to technical accounting issues and interactions with external auditors related to the close process, account reconciliations and variance analyses.

Revenue Accounting & Compliance

• Manage revenue recognition in compliance with ASC 606, ensuring accurate and timely revenue reporting.
• Manage the review and interpretation of customer contracts, ensuring proper accounting treatment and adherence to revenue policies.
• Manage 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.
• Manage monthly and quarterly revenue close processes, ensuring completeness, accuracy, and proper cut‑off.
• Manage revenue‑related accounting memos and technical assessments for complex transactions

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.
• 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.

Systems & Process Optimization

• 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.

Basic Qualifications

• Bachelor’s degree in Accounting, Finance, or related from an accredited, not-for-profit University or College.
• A track record of commitment to prior employers.
• 7+ years of relevant revenue accounting experience with experience from Big 4 or public accounting firm.
• Experience preparing or reviewing monthly revenue journal entries and account reconciliations and expertise in ASC 606, revenue recognition.
• Proven ability to multitask, prioritize, and navigate fast-paced.
• Self-starter with a results-oriented, highly organized approach and a keen sense of urgency.
• Strong project management, time management, and organizational skills.
• General knowledge of GAAP guidelines and ability to enhance knowledge and apply to a variety of situations.
• Familiarity with systems and optimizing use of systems to generate data for analyses.

Preferred Qualifications

• 9+ years of progressive experience in revenue accounting, with at least 1+ years in a manager role.
• CPA designation strongly preferred.
• Process implementation experience.
• 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.
• Deep expertise in ASC 606 and revenue recognition within SaaS/software and eCommerce business models, including subscription-based revenue streams.
• Ability to leverage AI-enabled tools and automation to enhance revenue accounting, improving efficiency, consistency, and documentation quality while maintaining strong controls and professional judgment.

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 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

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.

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-Employment substance abuse testing.

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: $116,000.00 - $158,000.00 Annually

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-Employment substance abuse testing