Senior Product Manager, Lease Accounting, Visual Lease & CoStar Real Estate Manager
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About the role
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. 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.
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
- 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 to track product performance 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
- 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 succes
Additional Information
Senior Product Manager, Lease Accounting, Visual Lease & CoStar Real Estate Manager Job Description
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