Lease Accounting Manager

UL Solutions External Career Site; Northbrook (IL); Hybrid; USD 95,000 - 135,000; Full time

Job summary

UL Solutions in Northbrook, IL seeks a Lease Accounting Manager to lead the global lease accounting function, ensure ASC 842 and US GAAP compliance, and serve as the subject matter expert for lease accounting.

You will partner with Real Estate, Legal, Procurement, FP&A, Technical Accounting and regional finance teams to oversee accounting, reporting, governance and controls for a 100+ entity lease portfolio, in a full-time hybrid role.

Qualifications

• Requires expertise in ASC 842 and US GAAP.
• Collaborates with Real Estate, Legal, Procurement, FP&A and regional finance teams.

Responsibilities

• Lead lease accounting function globally and ensure policy compliance.
• Oversee accounting, reporting, governance, and controls for leases across 100+ entities.
• Support internal and external audits and drive process improvements.

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.