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

OVERVIEW

CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. 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 createtruly uniqueand valuable offerings to ourclients. We’vecontinually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for ourclients, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for ourclients, 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,projectsand 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 bynearly threedecades 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 areseekinga passionate and knowledgeableSenior Product Managerwitha strong foundationin accounting, finance, or financial software to join our CoStar Real Estate Manager and Visual Lease teams. In this role, you will help shapecutting-edgeFinancial, Accounting, and Portfolio Management solutions used by thousands of companies worldwide. A core focus of the role isleaseaccounting 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 rulesestablishedby domestic and international financial accounting governing bodies,leveragingAI research tools to efficiently synthesize regulatory updates andidentifyemerging trends

• Leverage research and other educational content

• Engage key customers, prospects, service partners,analystsand 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 tooptimizebusiness value, aligning customer demands, regulatoryneedsand 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 designsand requirementsalignedwith business goals

• Partner with Engineering to ensureaccurateexecution and conductfunctionaltesting for iterative improvements

Quality Assurance & Acceptance Testing

• Develop clear acceptance criteria andadviseontesting plans

• Lead user acceptance testing (UAT) and work with QA teams toidentifyand 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 ensure GTM materials accurately capture functionality

• Gather feedback from internal stakeholders todeterminecustomer acceptance and alignment

• Monitor and analyze adoption using user analytics (Pendo) and support cases (Salesforce) post-release, applying AI-assisted analysis tomore quickly identify patternsin customer issues and surface high-impact backlog items

Basic Qualifications

• A bachelor’s degree isrequiredfrom an accredited, not-for-profit, In-personUniversity or College.

• 5+ years of director indirectexperience in accounting, lease accounting, financial reporting, or compliance roles.

• 5+ years of experience as a Product Manager, ProductOwneror Business Analyst

• Familiarity with financial reportingand disclosures, audit processes, and regulatory compliance requirements for public and private entities.

• Comfortable working with engineering teams to effectively bridge the gap between technical needs andbusinessneeds.

• Ability to translate complex functional requirements into clear, actionable tasks.

• Excellent written and verbal communication skills to convey complex technical concepts to both business and technical audiences.

• A track recordof commitment to prior employers.

Preferred Qualifications

• Product Manager, Product Owner, or Business Analyst experience in accounting, financial reporting, ERP, or financial software; lease accounting experience is a plus but notrequired— candidates with adjacent domainexpertiseare strongly encouraged to apply.

• Master’s degree in Accounting, Finance, Business, or a related field or CPA