Financial Analyst

Location US-IL-Northbrook
Job ID
2022-31136
# of Openings
1
Job Category
Accounting/Finance

 

General – Green Earth – Safer World

At UL, we know why we come to work.

We have an exciting opportunity for a Financial Analyst at UL Research Institutes and UL Standards & Engagement, based in our Northbrook, IL office.

 

The Financial Analyst is responsible for tracking performance metrics, creating financial models, and building analysis that serve as the basis for recommendations to make critical, strategic decisions. The role is involved with budgeting, forecasting, and reporting, including ad-hoc reports and analysis to support the decision-making process.

 

Underwriters Laboratories

At UL Research Institutes and UL Standards & Engagement (UL), we wake up every day with a common purpose: to make the world a safer, more secure, and sustainable place. 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. UL stands at the forefront of technological advancement, and we are continually challenged to find new ways to foster innovation and positive change. Satisfying? Yes. Exciting? Absolutely!

What you’ll learn & achieve:

As the Financial Analyst, you will play a key role in the rapid growth of UL Operations as you:

  • Support the execution and completion of broader financial processes including monthly reporting, annual and long-range planning, routine forecasting, operating expense oversight, resource allocation, and process improvement projects.
  • Identify performance improvement opportunities and key performance metrics.
  • Provide decision support to management through monthly financial reports, business models and ad-hoc analysis.
  • Support financial research projects and analysis including rates of return, projections and sensitivity analysis associated with investments or initiatives.
  • Collaborate across all Finance and Shared Services teams to meet team shared goals and objectives.
  • Track and report on strategic efficiency projects as identified during the budget or long-range planning processes.
  • Drive common reporting and develops and implements best practices among the finance team. Collaborate on dashboard development and new enhancements as needed.
  • Partner at various levels of the enterprise to optimize financial performance.
  • Present analyses and findings to internal financial teams and various levels of leadership.
  • Perform other duties as directed.

What makes you a great fit:

While no one candidate will embody every quality, the successful candidate will bring many of the following professional competencies and personal attributes:

  • Strong quantitative and analytical capabilities with advanced Excel and PowerPoint skills; strong financial systems capabilities for e.g., HFM, CMR, SAP or similar.
  • Demonstrated ability to think critically, listen reflectively, consider many points of view on a topic, recognize connections & disparate actions, to enhance financial analysis.
  • Strong verbal and written communication skills.
  • Strong technical skills in finance, accounting, budgeting and cost control, and variance analysis. Preferably in complex matrix organizations.
  • Strong financial modeling skills, good understanding of technical accounting and financial reporting skills and knowledge.
  • Adapts to changing circumstances, accepts new ideas and change initiatives, and deals effectively with ambiguity. Comfortable with large business projects and system initiatives.
  • Maintains a high level of attention to detail while finding opportunities to continuously improve processes and outputs.

Professional education and experience requirements for the role include:

  • University Degree in Accounting, Finance, or equivalent with a minimum of four years directly related work experience.
  • Professional qualification such as CPA, CMA or CA is preferred.
  • Experience with Workday is preferred.

UL has COVID-19 protocols and policies in place to ensure the safety of our employees, customers, and clients. Effective November 1, 2021, the company mandates that employees are vaccinated against COVID-19 as a condition of employment (except where prohibited by law), subject to reasonable accommodation as required by law.

What you’ll experience working at UL:

  • Mission: For UL, corporate and social responsibility isn’t new. Making the world a safer, more secure, and sustainable place has been our business model for the last 128 years and is deeply ingrained in everything we do.
  • People: Ask any UL employee what they love most about working here, and you’ll almost always hear, “the people.” Going beyond what is possible is the standard at UL. We’re able to deliver the best because we employ the best.
  • Interesting work: Every day is different for us here as we eagerly anticipate the next innovation that our customers create. We’re inspired to take on the challenge that will transform how people live, work and play. And as a global company, in many roles, you will get international experience working with colleagues around the world.
  • Grow & achieve: We learn, work, and grow together with targeted development, reward, and recognition programs as well as our very own UL University that offers extensive training programs for employees at all stages, including a technical training track for applicable roles.
  • Total Rewards: All employees at UL Research Institutes and UL Standards & Engagement are eligible for bonus compensation. We offer comprehensive medical, dental, vision, and life insurance plans. a generous 401k matching structure of up to 5% of eligible pay. Additionally, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. Depending on your role, you can work with your manager on flexible working arrangements. We also provide employees with paid time off including vacation, holiday, sick and volunteer time off.

Learn More:

UL Research Institutes and UL Standards & Engagement are nonprofit organizations dedicated to advancing safety science research through the discovery and application of scientific knowledge. We conduct rigorous independent research and analyze safety data, convene experts worldwide to address risks, share knowledge through safety education and public outreach initiatives, and develop standards to guide safe commercialization of evolving technologies. We foster communities of safety, from grassroots initiatives for neighborhoods to summits of world leaders. Our organization employs collaborative and scientific approaches with partners and stakeholders to drive innovation and progress toward improving safety, security, and sustainability, ultimately enhancing societal well-being.

 

Our wholly owned subsidiary, UL Solutions, advances our shared public safety mission. We fund our work through grants, the licensing of standards documents and the business activities of UL Solutions, which conducts testing, verification, and certification, and provides training and advisory services, along with data-driven reporting and decision-making tools for customers around the world. To learn more, visit our websites UL.org and ULSE.org.

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If you wish to request reasonable accommodation at any time, please email our Talent Acquisition team at Talent.Acquisition@ul.com.

UL is an Equal Opportunity Employer: Female/Minority/disability/Protected Veteran/Sexual Orientation/Gender Identity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status. If you'd like more information about your EEO rights as an applicant under the law, please review the EEO is the Law and EEO is the Law Supplement.

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UL EEO Policy

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