Lease Accounting Manager

Ul Solutions; Northbrook (IL); On-site; USD 110,000 - 160,000; Full time

Job summary

UL Solutions in Northbrook, Illinois seeks a Lease Accounting Manager to lead the global lease accounting function, ensuring ASC 842 compliance under US GAAP and company policies. You will partner across Real Estate, Legal, Procurement, FP&A, Technical Accounting, and regional finance teams worldwide to drive accurate recognition.

The role oversees accounting, reporting, governance, and controls for the lease portfolio across 100+ legal entities, manages operations, supports audits, drives

Responsibilities

• Lead the global lease accounting function and ensure ASC 842/US GAAP compliance with company policies.
• Partner with Real Estate, Legal, Procurement, FP&A, Technical Accounting, and regional finance teams worldwide to drive accurate lease recognition.

Job description

The Lease Accounting Manager is responsible for leading the Company's global lease accounting function and ensuring compliance with ASC 842, US GAAP, and Company accounting policies. This role serves as the primary subject matter expert for lease accounting and partners closely with Real Estate, Legal, Procurement, FP&A, Technical Accounting, and regional finance teams globally.

The position oversees the accounting, reporting, governance, and control environment for the Company's global lease portfolio, including real estate and equipment leases across more than 100+ legal entities. Responsibilities include managing lease accounting operations, supporting financial reporting and audits, driving process improvements, and maintaining strong internal controls. This role reports to the Senior Manager, Fixed Assets & Lease Accounting and is a key leader within the Fixed Assets and Lease Accounting Center of Excellence in the Chief Accounting Officer's organization.

This is a full-time, hybrid (3 days a week on-site) at Northbrook, IL.