Manager, Financial Analysis

Manager, Financial Analysis

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Job Description

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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 maintain high 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 accr