Job Description

Cash Receipts Specialist, CoStar Group - Richmond, VA

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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, 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. 

As a CoStar Cash Receipts Specialist you will be responsible for all accounts receivable, research and reconciliation of accounts and will report directly to the Manager, Cash Application. 

Responsibilities: 

• Processes and enters high volume of daily cash receipts to credit or debit customer accounts. 
• Prepare batches to be posted to the general ledger. 
• Assist customers and other internal stakeholders with questions and concerns regarding incoming payments, refunds, charge backs, or other inquiries. 
• Produce monthly account reconciliations. 
• Communicate with various banks and clients to ensure all payments are applied correctly. 
• Investigate and resolve unallocated cash receipts. 
• Perform basic office duties, such as copying and filing. 
• Partner with colleagues in Shared Services, Technology, and Sales teams to resolve issues and improve processes. Drive communication and change in a world-class organization. 

Basic Qualifications: 

• Bachelor’s degree from an accredited, not-for-profit, in-person University or College required 
• A track record of commitment to prior employers. 
• Basic knowledge of accounting 
• Detail oriented  
• Experience and demonstrated proficiency with Excel that includes the ability to manipulate data, filter and develop basic formulas.  All qualified candidates will be given an assessment to determine their knowledge of Microsoft Excel.

Preferred Qualifications:

• 1+ years of cash application, accounting receivable, billing, or related finance experience in a large and dynamic corporate environment 
• Prior knowledge of Navision (Microsoft Accounting Software) 
• Prior knowledge of Oracle Cloud 

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, and tuition reimbursement.  

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 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. 

Pay Transparency

The final salary or hourly rate offered for this role will fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.

Base Compensation: $25.00-$31.00 Hourly

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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