Senior Analyst, Compensation Accounting

Posted 3 Hours Ago
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Chicago, IL, USA
Hybrid
77K-98K Annually
Senior level
Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Our mission is to make the world a safer, more secure and sustainable place.
The Role
Prepare monthly calculations and reconciliations for global compensation programs, analyze financial results and trends, support U.S. GAAP accounting for compensation-related matters, ensure SOX compliance, collaborate with HR/FP&A/Corporate Accounting, drive process improvements and automation, and contribute to special projects.
Summary Generated by Built In
JOB DESCRIPTION
This role is hybrid on-site (3) days a week based out of our Chicago office
We are seeking a motivated and detail-oriented Senior Analyst, Compensation Accounting to join our Compensation Center of Excellence (CoE) within the Technical Accounting function. Reporting to the Senior Manager, Compensation Accounting, the Senior Analyst supports the centralization, standardization, and accounting for the Company's global compensation programs. The ideal candidate brings a strong sense of ownership, intellectual curiosity, and a results-oriented mindset, and will partner cross-functionally with various departments to deliver high-quality outcomes and accomplish shared objectives.
RESPONSIBILITIES
  • Prepare monthly calculations and reconciliations related to the Company's global compensation programs, including short and long-term incentives, pension and postretirement plans, and other employee benefits
  • Deliver clear, accurate, and insightful financial analysis and commentary, identifying key drivers, variances, and trends impacting results
  • Assist with the development and implementation of compensation programs and collaborate with cross-functional groups, including Human Resources, FP&A and Corporate Accounting to accomplish shared objectives
  • Support compliance with U.S. GAAP by providing accounting guidance and analysis on various compensation-related matters, as needed
  • Support internal controls by ensuring adherence to SOX requirements
  • Drive process improvements by identifying opportunities to enhance efficiency, accuracy, and scalability through automation and standardization
  • Contribute to special projects, as required

QUALIFICATIONS
  • Bachelor's or Master's degree in Accounting required
  • Active U.S. CPA license preferred
  • 2+ years of experience in corporate accounting or public accounting, preferably within a global or multinational organization
  • Strong knowledge of U.S. GAAP, with experience in stock-based compensation, pensions, and other employee benefits accounting preferred
  • Excellent written and verbal communication skills with the ability to convey complex concepts clearly and effectively tailor messages to diverse audiences
  • Demonstrate strong critical thinking and analytical capabilities, with the ability to assess complex issues, identify root causes, and develop effective, practical solutions to drive outcomes
  • Self-driven and able to work independently, while also collaborating effectively in a team environment
  • Highly organized and detail-oriented, with the ability to manage multiple priorities simultaneously in a fast-paced environment and meet deadlines.
  • Advanced Excel skills required, with experience with SmartView or other Excel-based tools for querying ERP data preferred
  • Experience with Oracle FCCS and/or Fidelity benefits platforms preferred
  • Experience with BI reporting tools and dashboard development preferred

Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $77,000 to $98,000 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary. This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), Holidays (9 days), Personal days (3 days) and sick time off (72 hours).
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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.
ABOUT THE TEAM
At the core of our expanding organization is our Finance team. We're a growing group of professionals, based around the world, who share ideas, work together and innovate to drive strategic growth and ensure financial integrity. Whether you're an expert in taxes, treasury, accounting, financial planning and analysis or corporate strategy and development, we're always looking for ambitious finance professionals who want to make an impact at a publicly traded company that's leading the way in safety science. Join our team, be part of our global community and drive the success of our mission-driven organization.

Skills Required

  • Bachelor's or Master's degree in Accounting
  • Active U.S. CPA license
  • 2+ years of experience in corporate accounting or public accounting
  • Strong knowledge of U.S. GAAP
  • Experience in stock-based compensation, pensions, and other employee benefits accounting
  • Advanced Microsoft Excel skills
  • Experience with SmartView or other Excel-based tools for querying ERP data
  • Experience with Oracle FCCS and/or Fidelity benefits platforms
  • Experience with BI reporting tools and dashboard development
  • Excellent written and verbal communication skills
  • Strong critical thinking and analytical capabilities
  • Self-driven and able to work independently while collaborating in a team
  • Highly organized and detail-oriented with ability to manage multiple priorities and meet deadlines

What the Team is Saying

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UL Solutions Compensation & Benefits Highlights

How does UL Solutions ensure its pay and bonus plans are competitive?

UL Solutions ensures pay and bonus plans are competitive by conducting formal compensation reviews annually. These reviews focus on ensuring that employees are paid within 25% of the median salary for their role in their region, ensuring that pay is competitive globally and individuals receive fair pay wherever they are.


UL Solutions includes all full-time employees in its performance incentive program, providing strong performers with an annual bonus, driving productivity and satisfaction for employees who deliver on the shared mission of making the world a safer, more sustainable place. Employees also note fairness in how performance is linked to outcomes.

UL Solutions Insights

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The Company
HQ: Chicago, IL
15,000 Employees
Year Founded: 1894

What We Do

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. Our science is your advantage.

Why Work With Us

Science is in our DNA; we are endlessly curious and passionate about seeking and speaking the truth. We take delight in knowing that our work makes a meaningful contribution to society, and we are proud that our culture is centered on integrity, collaboration, inclusion and excellence.

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UL Solutions Teams

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Protecting Consumers Worldwide
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Software & Advisory
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Engineering & Laboratory
About our Teams

UL Solutions Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Depending on the role we offer hybrid or remote opportunities.

Typical time on-site: Flexible
HQChicago, IL
CO
's-Gravenhage, NL
Arnhem, NL
Atlanta, GA
Austin, TX
Basingstoke and Deane, GB
Bengaluru, IN
Bengaluru, IN
Bentonville, AR
Boston, MA
Cambridge, GB
Canton, MA
Gurugram, IN
Leiden, NL
Los Angeles, CA
Marietta, GA
Mumbai, IN
Neu-Isenburg, DE
New York, NY
Northbrook, IL
Ochsenhausen, DE
Ottawa, CA
Raleigh, NC
Reading, GB
San Francisco, CA
Singapore
Township of Jacksonville, NC
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