Financial Analyst - Commissions
CoStar GroupAbout the role
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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 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, sales commissions, and revenue recognition.
We are searching for an exceptional Financial Analyst who will join our Sales Finance team in Richmond, Virginia. The Financial Analyst will be responsible for assisting the accurate and timely calculation and payment of sales commissions for CoStar’s over 1,300 salespeople as well as other Financial Planning and Analysis responsibilities. In addition to the monthly calculation of the Commission payments, the Analyst will be responsible for increasing the communication, efficiency, and transparency of our commission plans to our sales force.
RESPONSIBILITIES
Analysis of sales commission on month to month/year to year and other ad hoc reporting
The Analyst will also be responsible for working with our Financial Planning and Analysis team and Sales Leadership on monthly reporting and forecasting of our company wide commission expense.
The Analyst will help in the design and creation of our yearly commission plans as well as any new commission plans that arise throughout the year.
Partner with sales leadership and other internal groups (finance and HR) to assist in incentive 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.
BASIC QUALIFICATIONS
Bachelor’s degree from an accredited, not-for-profit University or College.
A track record of commitment to prior employers.
2+ years of related work experience in corporate finance, accounting, or sales finance/operations
Strong Excel Skills
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