Senior Accountant - Fixed Asset & Lease

UL Solutions; Northbrook (IL); Hybrid; USD 85,000 - 95,000; Full time

Job summary

UL Solutions in Northbrook, IL seeks a Senior Accountant to support fixed assets and leases under U.S. GAAP (ASC 360/842). You will collaborate across Real Estate, Procurement, FP&A, and regional teams to ensure accurate capitalization, lease data, and financial reporting.

The role is full-time with hybrid work (3 days on-site) at our Northbrook office. The ideal candidate has 5+ years in accounting, strong Excel and ERP experience, and CPA progress is a plus.

Qualifications

• Bachelor’s degree in Accounting.
• 5+ years progressive accounting experience with fixed assets/leases.
• Strong U.S. GAAP knowledge with ASC 360/842 experience.
• Experience with ERP and fixed asset subledger; Oracle a plus.
• Familiar with lease accounting software such as LeaseCalcs.
• Excellent analytical, problem-solving, and communication skills.
• Ability to manage deadlines and collaborate across functions.

Responsibilities

• Monitor capital projects and capitalization in asset register.
• Coordinate fixed asset cycle counts and investigate exceptions.
• Prepare and post journal entries for asset activity.
• Maintain fixed asset subledger and data integrity.
• Support lease accounting under ASC 842 for global operations.
• Evaluate lease terms, modifications, and reassessments.
• Administer lease system data and governance.

Skills

Fixed asset accounting

Lease accounting

U.S. GAAP

ASC 360

ASC 842

ERP systems

Oracle

LeaseCalcs

Analytical skills

Communication

Education

Bachelor's degree in Accounting

Tools

LeaseCalcs

Oracle ERP

Job description

Job Description

Join UL Solutions as a Senior Accountant supporting the global accounting lifecycle for fixed assets and leases. In this highly visible role, you will help deliver accurate, timely financial results under U.S. GAAP, including ASC 360 and ASC 842, while strengthening the data, controls, and processes behind our capital asset and lease portfolios.

You will report to the Lease Accounting Manager and work within the Fixed Assets and Lease Accounting Center of Excellence in the Chief Accounting Officer’s organization. You will partner across Real Estate, Procurement, FP&A, Technical Accounting, project teams, and regional finance to solve accounting issues, improve processes, and support domestic and international operations.

What you will gain

This role offers broad exposure to global accounting operations, cross-functional decision-making, and opportunities to improve systems and processes in a public-company environment.

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

Responsibilities

Fixed Asset & Lease Accounting

• Partner with project managers and asset owners to monitor capital projects, challenge aged construction in progress (CIP), and drive timely, well-supported capitalization.
• Coordinate fixed asset cycle counts and investigate exceptions to help safeguard the accuracy and completeness of the asset register.
• Prepare and post journal entries for additions, disposals, transfers, depreciation, impairments, and other fixed asset activity.
• Maintain the fixed asset subledger and help ensure transactions, master data, and adjustments are complete, accurate, and recorded on time.
• Support global lease accounting and reporting under ASC 842, including the completeness and accuracy of the lease population.
• Evaluate the accounting impact of new leases, modifications, renewals, extensions, terminations, and reassessments, escalating complex matters when appropriate.
• Administer lease accounting system data and strengthen related governance, controls, and data quality.

Financial Reporting & Close

• Own monthly reconciliations between the fixed asset subledger, lease accounting system, and general ledger; investigate and resolve differences promptly.
• Analyze movements in fixed assets, right-of-use assets, lease liabilities, and depreciation or amortization expense, and translate key drivers into clear management insights.
• Maintain and validate lease schedules and supporting data to enable accurate accounting, reporting, and disclosures under ASC 842.
• Prepare and review monthly lease journal entries and account reconciliations for lease liabilities, right-of-use assets, and related expense accounts.

Business Partnership & Data Quality

• Build effective relationships with business partners and promote complete, accurate, and well-governed fixed asset and lease data.
• Research transactions, resolve accounting questions, and perform financial analysis for U.S. and international subsidiaries.
• Communicate conclusions clearly and work across functions, time zones, and levels of the organization to bring issues to resolution.

Compliance, Audit & Continuous Improvement

• Maintain clear, audit-ready schedules, reconciliations, and accounting documentation in accordance with SOX requirements.
• Support internal and external audits, including document requests, walkthroughs, and control testing, and help resolve findings efficiently.
• Identify opportunities to simplify, standardize, automate, and strengthen accounting processes; contribute to system implementations and other finance initiatives.

Qualifications

Required

• Bachelor’s degree in Accounting.
• At least 5 years of progressive accounting experience, including hands-on fixed asset and/or lease accounting.
• Solid knowledge of U.S. GAAP, with practical experience applying ASC 360 and ASC 842.
• Experience using an ERP and fixed asset subledger; Oracle experience is a plus.
• Experience with lease accounting software; LeaseCalcs or a comparable platform is preferred.
• Strong analytical, research, and problem-solving skills with consistent attention to detail and data quality.
• Ability to prioritize competing demands, meet close and reporting deadlines, and take ownership through resolution.
• Clear, concise written and verbal communication skills and the ability to collaborate effectively with diverse stakeholders.

Preferred

• Experience in a public company or similarly complex, multi-entity environment.
• Advanced Microsoft Excel skills and experience working with large data sets, reconciliations, and account rollforwards.
• Experience supporting SOX controls and internal or external audits.
• Experience improving accounting processes, supporting system enhancements, or using automation to reduce manual work.
• CPA or active progress toward certification.
• Experience partnering with cross-functional and international teams.

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 $85,000- $95,000 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), holiday and personal days (totaling 12 days), and sick time off (72 hours).

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.