Financial Analyst - Commissions

Job Description

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 
• Ability to communicate effectively with executive level professionals within and outside of the Finance Department.
• Ability to identify and help improve current processes to make workflow more efficient.
• Strong attention to detail.

PREFERRED QUALIFICATIONS

• Power query or PowerBI knowledge.
• Experience in commissions, sales finance/operations, contracts, or revenue accounting.
• Evidence of strong academic performance in college.

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