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Corporate Accounting

1 month ago

Chicago, Illinois, United States UL Solutions Full time

JOB DESCRIPTION
Reporting to the Senior Manager of Corporate Accounting & Consolidations, the Corporate Accounting & Consolidations Manager supports the consolidation of UL's global financial results across 140+ legal entities and ensures the accurate reporting of financial results. You will ideally have experience working for a global company in corporate accounting and consolidation teams, including the performance of analytical reviews of the financial statements, accounting for intercompany transactions and implementing and maintaining internal controls. Will have (1) direct report.
RESPONSIBILITIES
This role is hybrid on-site in Northbrook or Chicago IL office (3) days a week

  • Support the monthly consolidation process including managing the global intercompany process and review of monthly US GAAP consolidated results. Escalate and signals to Controllership leadership.
  • Responsible for important close-related tasks including preparing and reviewing consolidation journal entries, supporting the analytical review of the monthly financials and maintaining internal controls in a global, 140+ legal entity consolidation.
  • Support the development of a Corporate Accounting Center of Excellence.
  • Work with intercompany owners to resolve out of balance accounts.
  • Collaborate with FP&A, Regional Accounting, Internal Audit, Corporate staff departments, external auditors, and other important members of UL's Controllership.
  • Participate in ad hoc projects including IT enhancements for the financial and management reporting processes, analysis of business operations, proposed accounting treatment of unusual transactions or other accounting and finance related matters.
  • Support multiple Corporate Finance & Accounting projects to improve the efficiency and accuracy of financial processes.
  • Review subsidiary and consolidated financial information and unusual transactions and participate in meetings discussing analysis with Finance & Accounting leadership.
  • Support oversight of the global chart of accounts including managing updates for proper rollup to the financial statements and coordinating with other impacted departments.
  • Prepare and/or review monthly account reconciliations for key accounts as assigned.
  • Support analysis of foreign exchange transactions on a monthly basis
  • Work with audit functions to develop and improve internal policies to ensure compliance with SOX framework.
  • Systems support for Consolidations platform as well as secondary EPM reporting sources within the Oracle EPM Cloud environment, including managing and enhancing report inventory and reconciling data between EPM data sources.
  • Manage the performance of direct reports by developing accountabilities, establishing performance goals, providing career counseling, feedback and guidance and ensuring that all policies are understood and followed.
  • Perform other tasks.

#LI-Hybrid
QUALIFICATIONS

  • Bachelor's or master's degree in accounting required, CPA strongly desired.
  • 5+ years of public accounting or industry accounting experience required, public company exposure preferred. Multinational company experience strongly desired.
  • 5+ years of experience with Corporate Accounting and Consolidations required.
  • Must have a high degree of technical knowledge of US GAAP and internal controls over accounting & reporting, as well as SOX compliance.
  • Experience with accounting for intercompany transactions and foreign exchange transactions is strongly preferred.
  • Experience with management reporting and preparing financial presentations is desirable.
  • Experience managing professional staff is a plus.
  • Experience with the implementation and/or maintenance of accounting systems and associated enhancements (OneStream, SAP, Oracle EPM Cloud/HFM or other EPM platforms) is preferred.
  • Advanced Excel experience: familiarity with SmartView or other Excel add-in tools for querying EPM data is a plus.
  • Experience with a large ERP platform (Oracle, SAP) in a multi-ledger, global environment is strongly preferred.
  • Experience with BI Reporting and/or building dashboards is a plus.
  • Flexibility to work outside of US business hours to support subsidiaries across the globe.

ABOUT US
A global leader in applied safety science, UL Solutions transforms safety, security, and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth.
The UL Certification Marks serve as a recognized symbol of trust in our customers' products and reflect an unwavering commitment to advancing our safety mission.
We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future.
From the adoption of electrification to the enablement of 5G and new mobility, we collectively look toward new frontiers, working for a safer world. Our science is your advantage.
Mission: Working for a safer world