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CoStar Realty Information, Inc. Manager, Financial Analysis in Richmond, Virginia

Manager, Financial Analysis

Job Description

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 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 Description:

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 control to maintainhigh levels of quality, accuracy, and process consistency.

  • Maintain comprehensive commission plan documentation. Maintain 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 process 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,MBA degree preferred

  • 5+ years of experience in Finance, Business Management, or Accounting, demonstrating professional growth and a trend of increasing responsibility

  • 3+ years of people management experience, leading successful teams of 4+ individual contributors

  • 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:

  • 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)

  • Strong working knowledge of accounting.

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), with yoga studio, Pelotons, personal training, group exercise classes

  • 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.

#LI-SM8

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

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 37 years, giving us the perspective to create truly unique and valuable products and services. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry and for our customers. 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.

CoStar is committed to creating a diverse environment and is proud to be an equal opportunity workplace and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. CoStar is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access www.costargroup.com/careers as a result of your disability. You can request reasonable accommodations by calling 1-855-840-1715 or by sending an email to recruiting@costargroup.com .

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