Senior Accountant-Fixed Assets & Capital Projects

JOB DESCRIPTION
This role is hybrid 3 days a week out of our Northbrook, IL office.
Reporting to the Senior Manager, the Senior Accountant-Fixed Asset & Capital Project Accounting performs transactional and control processes for the Capitalized Assets and ongoing Capital Projects Portfolio. It includes Global Fixed Asset, Facility Assets, Software, Project Accounting and Lease Accounting processes for UL Solutions in accordance with US GAAP. Will conduct the monthly accounting close processes, periodic transaction research and financial analysis for various domestic and foreign subsidiaries of UL Solutions, Inc. Will work cross functionally with business unit leadership to ensure appropriate accounting for assets and leases.
RESPONSIBILITIES

• Accountable for the monthly fixed asset accounting close process related reconciliations, reporting (fixed asset roll-forward, CAPEX, etc.) and analytics for assigned entities.
• Track additions, transfers and asset retirements at the global level including monitoring of related accounting results.
• Assist with due diligence of fixed asset records related to new acquisitions.
• Assist in developing, documenting, and implementing department processes and SOX controls to ensure the proper recording and maintenance of company assets in the sub-ledger.
• Partner with Capital Project managers to ensure continuous evaluation of capital vs expense and month end accruals for domestic and foreign subsidiaries. Continuously evaluate the process for GAAP compliance.
• Partners with Facility team on all new lease and building projects.
• Partner with the G/L Accounting Group and Field Operations to conduct annual fixed asset existence testing. Collaborate on developing and communicating instructions and timely reporting for the annual physical audit, and act as a point of contact for field training and support.
• Prepare audit schedules and resolve audit issues as identified by internal and/or external auditors.
• Assist manager with a transition plan for the accounting for leases in accordance with ASC 842 to the Fixed Asset team.
• Prepare and provide recommendations on opportunities to improve processes and changes to company policies and procedures.
• Make and assume other duties and responsibilities required or assigned by management.
• Adhering to the Code of Business ethics is essential. We value honesty and integrity above all else and we expect our employees to be committed to the highest ethical standards.

QUALIFICATIONS

• Bachelor's degree required, accounting; CPA, strongly preferred.
• Minimum 2 years of total accounting experience with a large, global company.
• Excellent accounting knowledge, end-to-end capital expenditure life cycle process knowledge and exceptional financial analytical skills.
• Strong GAAP knowledge, analytical, and problem-solving skills
• Large company global corporate experience with Fixed Asset, Software, and Project accounting processes and teams, preferred.
• Excellent verbal and written communication skills.
• Ability to identify and resolve issues independently.
• Public accounting background, preferred
• Oracle Fixed Asset and Project module experience preferred

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