Revenue Accounting Manager

UL, LLC • Northbrook, IL • 1h ago

The Revenue Accounting Manager is responsible for ensuring the integrity of the Company's revenue accounting by providing accounting expertise, and a strong desire to improve processes and controls.

The position reports to the Revenue Accounting Senior Manager and is accountable for supporting all accounting policy responsibilities, including documentation and oversight of the application of UL's revenue accounting policies in accordance with US GAAP.

This position involves a partnership with all of ULS's business operations and an understanding of:

UL's diverse @types of revenue, the contracts that govern our services, our operational processes for orders, the fulfillment of work, and our invoicing processes.

The position has interactions and dependencies with corporate accounting, business leads, legal team, and management.

This is a full-time, hybrid (3 days in office) position located at Northbrook, IL.

Be global revenue accounting lead, including partnering with our business teams and being an agent of change to continuously improve the integrity of our operational processes.

Manages the performance of direct reports by developing accountabilities, establishing performance objectives, providing career counseling, feedback and guidance, and ensuring that all policies are understood and followed.

Ensure revenue recognition policies and procedures for UL's income statement and balance sheet accounts are in conformance with ASC 606, U.S. GAAP, other pertinent authoritative literature, and the Company's established policies. Including deferred revenue, unbilled revenue, accounts receivable, and allowance for doubtful accounts and how these items are described in the financial statements and footnotes of our financials.

Maintaining governance over the Order-to-Revenue processes.

Manage the monthly and quarterly revenue close process, including assurance of accurate and timely results.

Review customer contracts for revenue recognition implications and work with Sales teams, support standardization of contracts, and the business on understanding implications of and structuring of non-standard contracts.

Responsible for complying with Sarbanes-Oxley section 404 requirement as related to revenue recognition and ownership of the narrative and key controls

Provide revenue recognition guidance and training to cross-functional organizations, including sales, legal, accounting/finance.

Work with external auditors helping them through the annual audit and quarterly reviews.

University Degree in Accounting, Finance or related discipline

At least 5 years directly related experience, including:

Minimum of 3 years public accounting experience (preferably with Big 4 accounting firm)

Active US CPA required

Strong technical knowledge of US GAAP

Experience in software and professional services industries is a plus

Self-motivated individual that can adapt to changing environments

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 $110,000- $130,000 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 2% 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), holiday and personal days (totaling 12 days), and sick time off (72 hours).

LI-SM3

LI-Hybrid

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.

UL LLC has been and will continue to be an equal opportunity employer. To assure full implementation of this equal employment policy, we will take steps to assure that:

Persons are recruited, hired, assigned and promoted without regard to race, color, age, sex or gender, sexual orientation, gender identity, gender expression, transgender status, religion, creed, national origin, ethnicity, citizenship, ancestry, disability, genetic information, military or veteran status, pregnancy, marital or familial status, or any other protected category under applicable law.

UL, LLC

Go to Apply

Share this job

Similar Jobs

Associate, Finance Analysis

JPMorgan Chase • Chicago, IL • 3h ago

Finance, Accounting & Banking

Shape decisions that help teams serve clients effectively through disciplined financial analysis and clear storytelling. You will partner closely with business leaders to connect headcount and expense plans to strategic...

3h ago

Go to Apply

Finance Director, Alliance Accounting

AbbVie • North Chicago, IL • 4h ago

Finance, Accounting & Banking

Company Description About AbbVie AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a r...

4h ago

Go to Apply

Automotive Finance Manager (F&I Leader)

Wickstrom Chevrolet • Roselle, IL • 4h ago

Finance, Accounting & Banking

WANTED: Automotive Finance Manager (F&I Leader) Positions Available: 1-2 | Location: Roselle, IL | Type: Full-Time Tired of the Typical Dealership Grind? Most automotive dealerships talk about being a "family," but a...

4h ago

Go to Apply

Business Process Auditor, Internal Audit

Google • Chicago, IL • 5h ago

Finance, Accounting & Banking

Business Process Auditor, Internal Audit corporatefare_ Google place Sunnyvale, CA, USA; Chicago, IL, USA Mid Experience driving progress, solving problems, and mentoring more junior team members; deeper expertise and ap...

5h ago

Go to Apply

Accounting Information Systems Professional

MPC Associates, Ltd. • Niles, IL • 6h ago

Finance, Accounting & Banking

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13641919 Support planning, directing, coordinating the operations of an accounting...

6h ago

Go to Apply

BENEFITS CLAIMS SUPVSR

City of Chicago • Chicago, IL • 6h ago

Finance, Accounting & Banking

Description: Benefits Claims Supervisor Department of Finance (Benefits) Number of Positions: 1 (Additional vacancies possible pending budget approval) Starting Salary: $78,768 Applications for this position will be acce...

6h ago

Go to Apply

Account Manager I - Commercial Treasury Management

PNC • Chicago, IL • 6h ago

Finance, Accounting & Banking

Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to...

6h ago

Go to Apply

Accounts Payable / Accounts Receivable Clerk

Astronics • Waukegan, IL • 6h ago

Finance, Accounting & Banking

Accounts Payable / Accounts Receivable Clerk Astronics Subsidiary Astronics CSC Location Waukegan, IL Description Astronics Connectivity Systems and Certification (formerlyTelefonixPDT and Astronics Armstrong Aerospace)...

6h ago

Go to Apply

Senior Lead Commercial Banking Portfolio Manager

Wells Fargo • Chicago, IL • 6h ago

Finance, Accounting & Banking

Job Description About this role: Wells Fargo is seeking a strong leader to serve as Head of Credit for the Emerging Middle Market (EMM) Agricultural Lending and Portfolio Management team. This role provides senior credit...

6h ago

Go to Apply

Wealth Strategies Advisor- Private Bank

Bank of America • Chicago, IL • 6h ago

Finance, Accounting & Banking

Wealth Strategies Advisor- Private Bank Los Angeles;Chicago, Illinois; San Francisco, California To proceed with your application, you must be at least 18 years of age. Acknowledge ( https://ghr.wd1.myworkdayjobs.com/Lat...

6h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)