Senior Accountant - Rebates
About the role
As a Senior Accountant - Rebates, you will perform general accounting work with an emphasis on rebate and revenue accounting areas under general supervision. This is a full-time, hybrid (3 days in office) position located in Northbrook, IL.
Responsibilities
- Performs general accounting work requiring originality and ingenuity with some latitude for un-reviewed decisions, specifically in the rebates process area.
- Records and reconciles monthly rebate accruals.
- Reviews customer contracts to validate rebates are calculated in accordance with contractual terms.
- Applies fundamental accounting concepts and practices in assigned areas.
- Communicates with management and employees regarding accounting issues and recommends solutions.
- Explains and interprets department policies, procedures, and practices.
- Assists customers and other constituents.
- Assists in the development of new or revised policies, procedures, and programs by performing research and analysis.
- Develops recommendations concerning procedures and program features.
- Communicates with outside agencies or organizations to obtain or exchange information.
- Develops and maintains working knowledge of advanced concepts in assigned areas, specifically Revenue Recognition under ASC 606 and Accounting for Rebates.
- Develops an awareness of how decisions made in assigned areas impact work in other functional areas.
- Stays abreast of current trends and practices in area of specialization.
- Reads and follows the Underwriters Laboratories Code of Conduct, and adheres to all physical and digital security practices.
- Performs other duties as directed.
Requirements
- University Degree in Accounting, Finance, or a related discipline plus generally four years of directly related accounting experience.
- CPA preferred but not required.
- Detailed knowledge of accounting theories and practices.
Pay
The estimated salary range for this position is $74,400–$90,000, based on job-related knowledge, skills, experience, and geographical location. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary.
Benefits
- Health benefits: medical, dental, and vision.
- Wellness benefits: mental and financial health.
- Retirement savings (401K) commensurate with standard rewards offered in each location or country.
- Paid time off: 15 days of vacation, 12 personal/holiday days, and 72 hours of sick time off.
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 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.
About The Team
At the core of our expanding organization is the 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 leading the way in safety science.