Finance Development Program Associate

US-IL-Northbrook
Job ID
2017-7011
# of Openings
4
Job Category
Accounting/Finance

Overview

   

 

 

Contribute to a Safer, More Secure, and More Sustainable World. At UL, we know why we come to work. Thousands of us around the world wake up every day with one common purpose – to make the world a safer, more secure, and more sustainable place to live. We clear the way for our customers to introduce the latest products, technological advances, and systems in an increasingly complex world so they can provide peace of mind to the market. Our integrity is woven throughout our company and shapes the way we approach and deliver our solutions. We are proud that the work we do every day has a meaningful contribution to society. We continue to build upon our legacy of trusted expertise and partnership to keep our communities safe and secure as we march forward into the future. This helps us to sleep better at night, and we are confident that the millions of people we touch rest easier too.

Responsibilities

Candidates will hold a series of four 6-month assignments that span different departments within the company’s financial operations. These assignments will typically be in departments having global responsibilities and the departments in which program associates may work include financial planning and analysis, general accounting, treasury, tax, shared services for order-to-cash or procure-to-pay, or one of three operating businesses.   These assignments will contain routine responsibilities and high-impact special project work, which will vary according to the needs of each department.  .

 

 

JOB RESPONSIBILITIES:

 

  • Extract data from financial systems and perform financial analyses to explain variances in financial performance of various organizations (departments, functions, divisions, regions, business units), or to develop a business case for an investment project, or to assess the impact of changes to a business processes.

 

  • Participate in the development of budgets, forecasts, or strategic plans.   This participation would include managing complete and timely inputs, compiling the data, summarizing it for management review and investigating variation from expected outcomes.

 

  • Prepare asset, liability and capital account entries.  Assist in the preparation of financial reports by collecting, analyzing and summarizing account information and trends.  Perform account reconciliations.

 

  • Work on projects that will improve efficiency, improve service levels and lower the cost of operations for these shared service functions: credit, billing, collections, cash applications and accounts payable

 

  • Assist in the preparation of supporting documentation, forms and various tax filings (local, state, federal, property, sales, etc.). 

 

  • Participate in the research and analysis of the impact of changes in tax laws or company tax strategies or other special projects.

 

  • Assist with treasury activities including daily cash management and account reconciliations. Support special projects in cash management, investment management, and insurance. 

     

  • Performs other duties as directed.

Qualifications

  • University degree (equivalent to Bachelor’s degree) in Finance, Business or Economics.

 

  • Relevant internship experience.

 

  • Demonstrated ability to Ability to gather, analyze and interpret information from diverse sources and in a wide variety of forms.

 

  • Working knowledge of the fundamentals of accounting through education or internship experience. Demonstrated ability to use MS Office suite (Excel, Word, Power Point)

 

  • Experience working with business ERPs (Oracle, NetSuite, etc.) is a plus

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