Senior Product Manager, Lease Accounting, Visual Lease & CoStar Real Estate Manager

About this role

Senior Product Manager, Lease Accounting, Visual Lease & CoStar Real Estate Manager

Job Description

OVERVIEW  

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   Clients .    We’ve   continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our   Clients , 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   Clients , our employees, and investors .    By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate .    

CoStar Real Estate Manager   

CoStar Real Estate Manager is the leading platform for lease accounting, lease administration and the management of portfolios, transactions,   projects   and construction. Clients use CoStar Real Estate Manager to make smarter decisions and to enable their team to work together more effectively. Learn more about CoStar Real Estate Manager.   

Visual Lease  

As the centralized system of record for all lease-related financial, operational, and legal data, Visual Lease, a CoStar Group company, is purpose-built to support every team involved in managing a company’s leased and owned assets. Informed by   nearly three   decades of experience, our platform integrates lease management, lease accounting, and sustainability reporting, enabling organizations to save time, mitigate risks, reduce costs, and support sustainability initiatives. Our award-winning software is used by 1,500+ organizations to manage more than 1 million real estate, equipment, and other leased asset records globally.  

About the Role  

We are   seeking   a passionate and knowledgeable   Senior Product Manager   with   a strong foundation   in accounting, finance, or financial software to join our CoStar Real Estate Manager and Visual Lease teams. In this role, you will help shape   cutting-edge   Financial, Accounting, and Portfolio Management solutions used by thousands of companies worldwide. A core focus of the role is   lease   accounting compliance ,   including standards such as ASC 842, IFRS 16, and GASB 87 ,   though candidates with adjacent accounting or financial software experience are strongly encouraged to apply and will be considered competitively.  

This is a full-time ,   in - office position based in either Iselin, NJ or Atlanta, GA.  

Key Responsibilities  

Develop Deep Accounting Domain Expertise :   Organize and share best practices related to corporate lease accounting processes  

• Stay updated on lease accounting rules   established   by domestic and international financial accounting governing bodies,   leveraging   AI research tools to efficiently synthesize regulatory updates and   identify   emerging trends  

• Leverage research and other educational content  

• Engage key customers, prospects, service partners,   analysts   and industry subject matter experts (“external stakeholders”) to keep a pulse of lease accounting best practices and common needs and roadblocks  

• Engage key internal teams such as Sales, Support, Implementation and Alliances (“internal stakeholders”) to understand the impact of persistent lease accounting roadblocks and needs  

• Document and share updated best practices internally and externally as needed  

Maintain Backlog:   Capture, groom lease accounting backlog items and inform prioritization decisions  

• Serve as the primary point of contact to collect and prioritize all feedback related to lease accounting functionality  

• Capture and continuously update backlog details for all Lease Accounting-related items so they reflect relevant insights from stakeholders and market research  

• Use analytics tools and AI-assisted pattern recognition to track product performance, surface trends across feedback sources, and drive improvements  

• Provide prioritization recommendations to Product Leadership to   optimize   business value, aligning customer demands, regulatory   needs   and company goals  

Design Release-Ready functionality:   Design easy to use, effective and scalable lease accounting functionality to address market needs  

• Document and share all technical requirements, using AI writing tools to accelerate drafting and ensure consistency across requirement artifacts  

• Collaborate with Product Designer to meet internal design requirements while addressing user needs  

• Work with Product Leadership to approve designs   and requirements   align ed   with business goals  

• Partner with Engineering to ensure   accurate   execution and conduct   functional   testing for iterative improvements  

Quality Assurance & Acceptance Testing  

• Develop clear acceptance criteria and   advise   on   testing plans  

• Lead user acceptance testing (UAT) and work with QA teams to   identify   and resolve defects  

Ensure Adoption: Enable successful lease accounting product adoption  

• Lead feature demos using realistic lease data. Communicate technical requirements clearly to internal teams in-person or virtually. Expose and address release risks.  

• Recommend implementation and training approaches and ensure materials capture technical details  

• Work with Product Marketing to e nsure GTM materials accurately capture functionality  

• Gather feedback from internal stakeholders to   determine   customer acceptance and alignm

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