Financial Analyst III - Business Operations

Financial Analyst III - Business Operations

Job Description

OVERVIEW

CoStar delivers real-time, verified commercial real estate data that helps clients confidently spot great opportunities and make smart choices ahead of competitors. By combining the power of CoStar's independent research organization - the industry's largest - with global data delivery, software, and application solutions, clients can act on opportunities with confidence.

At CoStar Group, our finance group centralizes transaction processes, providing accurate reporting, financial resolutions, and proper forecasting analysis.

CoStar is currently seeking an experienced Financial Analyst to join their Business Unit Finance Team supporting the Residential organizations. The Financial Analyst will perform financial analysis/modeling, develop management/sales reporting and conduct variance analysis. The Financial Analyst will play a significant role in modeling the company's revenue budget and forecasts while identifying other growth drivers within the business.

RESPONSIBILITIES

• Work closely with other Finance staff as well as and non-financial professionals around the company (e.g., President/General Managers, Sales Leaders, Marketing team, Product team etc) to develop budgets and forecasts and maintain those forecasts in the budgeting system.
• Concentrated focus on revenue drivers including sales rep productivity, sales activities and performance, as well as subscription renewal rate and cancelation drivers.
• Partner with Sales and Executive Leadership to support their reporting needs to highlight operational performance and measure alignment with strategic objectives.
• Maintain customer analysis including penetration, total addressable market sizing and performance against specific sales campaigns.
• Focus on expense tracking, budgeting, forecasting, variance analysis, and modeling to communicate impacts on business unit profitability.
• Collaborate with Marketing to review advertising campaign effectiveness, perform search engine marketing cost analysis, and identify opportunities for more efficient spending.
• Assist with the design and creation of PowerPoint presentations for management presentations to support strategic decision making
• Evaluate, model, and analyze M&A targets that align with supported business units, as necessary

BASIC QUALIFICATIONS

• Bachelor's degree required in accounting or finance, MBA
• 5+ years of related professional work experience demonstrating professional growth and a trend of increasing responsibility
• Strong Microsoft Excel, PowerPoint, and financial modeling skills
• Experience using financial and budgeting applications is also required

PREFERRED QUALIFCATIONS AND SKILLS

• The ideal candidate must have excellent written and oral communication skills with a track record of working successfully with both financial and non-finance professionals.
• 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) is a plus.
• A strong working knowledge of accounting is also a plus.
• Oracle ERP, EPM, SmartView experience would be helpful but is not require

OVERVIEW OF COMPANY:

Founded in 1987, CoStar Group is the leading provider of commercial real estate information, analytics, and online marketplaces. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availability. Behind some of the most well-known brands in the industry, CoStar Group includes CoStar, the largest provider of CRE research and real-time data; LoopNet, the most heavily trafficked mobile and online real estate marketplace; Apartments.com, the premier rental home resource for renters, property managers and owners; STR, the leading provider of performance benchmarking and comparative analytics to the hotel industry; BizBuySell, the largest online marketplace for businesses-for-sales; and Lands of America, the leading operator of online marketplaces for rural real estate.

Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S. and in Europe, Canada, and Asia with a staff of over 4,300 worldwide.

WHAT'S IN IT FOR YOU:

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines. In addition to generous compensation and performance-based incentives, you'll be supported in both 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
• 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, as well as Segway's and bikes available for use during the day
• Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks

Be part of a team of professionals enjoying the opportunity to learn, do, and grow in a rewarding atmosphere. But don't just take our word for it -- see why our team chose to work at and stay at CoStar Group: https://www.youtube.com/watch?v=CVbJRnJ2sX0

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar is not able to provide visa sponsorship for this position

#LI-DP2

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