Accounting Manager-Fixed Asset Software

JOB DESCRIPTION
This role is hybrid (3) days a week on-site at our Northbrook or Chicago, IL office
Reporting to the Senior Manager Fixed Assets & Capital Accounting, this role will have a strong partnership with our Software & Advisory finance, software development, and business project management teams ensuring the accuracy of asset records, compliance with accounting standards and effective management of the asset lifecycle.
Will be responsible for the accounting treatment for internally developed software, developed software to be sold, and cloud computing implementation costs. These duties require end to end capital expenditure life cycle process knowledge and exceptional financial analytical skills and work cross functionally with business unit leadership to ensure appropriate accounting for assets.
RESPONSIBILITIES

• Process, approve and track fixed asset additions, transfers and retirements on a timely basis at the global level.
• Accountable for the monthly fixed asset accounting close process for all capitalized software assets.
• Review and oversite of timely account reconciliations, ensuring that reconciling items are consistently tracked, reviewed and cleared properly.
• Preparation of monthly fixed asset roll-forwards, CAPEX spend, flux analysis and other ad-hoc reporting.
• Assist in developing, documenting and maintaining department processes and SOX controls to ensure the proper recording and maintenance of company assets in the sub-ledger.
• Partner with Software & Advisor finance teams on all new and continuing software projects.
• Partner with Project Managers and Developers to ensure continuous evaluation of capital vs expense and month end accruals for domestic and foreign subsidiaries. Continuously evaluate the process for GAAP compliance.
• Partner with G/L Accounting, Software and Digital teams to conduct annual 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 with due diligence of fixed asset records related to new acquisitions.
• Lead and mentor FA Accountants, ensuring completion of assigned duties, as well as providing continued feedback and development planning.
• Assume other duties and responsibilities required or assigned by management.

QUALIFICATIONS

• Bachelor's degree in accounting is required
• CPA required
• Minimum of 5 years of total accounting experience
• Excellent US GAAP accounting knowledge, particularly ASC 350-50 and ASC 985-20.
• Public accounting background preferred
• Oracle Fixed Asset and Project module experience preferred
• Experience in a large global company
• Excellent verbal and written communication skills, with the ability to identify and resolve issues independently.

What You Will Experience Working at UL Solutions:

• Mission: For UL Solutions, corporate and social responsibility isn't new. Making the world a safer, more secure and sustainable place has been our business model for the last 130 years and is deeply engrained in everything we do.
• People: Ask any UL Solutions employee what they love most about working here, and you'll almost always hear, "the people." Going beyond what is possible is the standard at UL Solutions. We're able to deliver the best because we employ the best.
• Interesting work: Every day is different for us here as we eagerly anticipate the next innovation that our customers create. We're inspired to take on the challenge that will transform how people live, work and play. And as a global company, in many roles, you will get international experience working with colleagues around the world.
• Grow & Achieve: We learn, work and grow together with targeted development, reward and recognition programs as well as our very own UL University that offers extensive training programs for employees at all stages, including a technical training track for applicable roles.
• Total Rewards: Total Rewards: All employees at UL Solutions are eligible for bonus compensation. UL solutions offers a generous 401k matching structure of up to 5% of eligible pay. Additionally, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. We provide Healthcare Reimbursement Accounts and Health Savings Accounts that UL Solutions contributes to twice per year! Depending on your role, you can work with your manager on flexible working arrangements. We also provide employees with paid time off including vacation, holiday, sick and volunteer time off.

ABOUT US
A global leader in applied safety science, UL Solutions (NYSE: ULS) transforms safety, security and sustainability challenges into opportunities for customers in more than 110 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 Mark serves as a recognized symbol of trust in our customers' products and reflects 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. Our science is your advantage.