Accounting Manager (International)
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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 for our customers. We’ve continually refined, transformed, and perfected our approach to our business, creating platforms that have 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 responsible for managing the preparation, audit and filing of the financial statements of our 12+ international subsidiaries in EMEA, APAC & South America.
For 4 of these countries in Europe we manage the accounting in house. For the others the accounting is outsourced to a third party big 4 vendor. For all territories preparation of the financial statements is outsourced to the same vendor. A handful of territories require audit (including UK, France and Singapore). The role requires liaison with the vendor and auditor including timetabling, supplying trial balances, ensuring fulfilment of Provided by Client requests, answering any questions about the balances and accounting and arranging sign off and filing of the financial statements.
The vendor manages the conversion from US GAAP to local GAAP. Where we complete the bookkeeping in house, maintenance of Oracle secondary ledgers is required.
The role also entails preparation of the quarterly consolidated international flux analysis for SOX control purposes.
The role also is engaged in leading the Global monthly close process (US & international), specializing in areas such as cash, prepaid expenses, property, plant and equipment, employee compensation, marketing, leases and other expenses, including the review of (i) monthly journal entries and (ii) 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 position will work directly with external auditors in facilitating the quarterly reviews and year-end audits as well as assisting in the implementation of an accounting Enterprise Resource Planning (ERP) system.
The Accounting Manager should have an in-depth knowledge of US Generally Accepted Accounting Principles (“USGAAP”) including experience in accounting for international subsidiaries, strong project management, time management and organizational skills; strong work ethic; and the ability to work independently and collaboratively. The Accounting Manager should also be highly adaptable to change due to CoStar’s rapid growth via organic growth and acquisitions.
Responsibilities:
- Manage the preparation, audit and filing of international subsidiaries’ financial statements.
- Quarterly preparation of consolidated international flux analysis for SOX control purposes.
- Ensure the accuracy and timeliness of the Global month-end close, including review of monthly journal entries and supporting schedules and analysis of monthly financial results.
Basic Qualifications:
- Bachelors degree in Accounting or Finance or related from an accredited, not-for-profit University or College.
- A track record of commitment to prior employers.
- 8 years of accounting experience and Bachelors degree, or 5 years experience and Masters degree, or similar blend of equivalent experience, education, and accounting credentials.
- Licensed CPA.
- Experience working in a large international public company with primary experience involved in GL close functions, including international subsidiaries.
- 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.
Preferred Qualifications:
- Experience with Oracle Cloud ERP.
- 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