USNLX Ability Jobs

USNLX Ability Careers

Job Information

UL, LLC Senior Manager, Due Diligence and M&A Integration in Chicago, Illinois

Reporting to the Director, Global Revenue Accounting and M&A Integration, the Senior Manager, Due Diligence and M&A Integration is responsible for assisting with all phases of an M&A deal cycle from preliminary analysis of a target company and management meetings to post-closing accounting integration. The role will work closely with Corporate Development and the Business to ensure that financial risks and opportunities are identified during the financial due diligence process, and with target management to ensure successful integration. The role will also partner with cross-functional teams to project manage accounting integration.

The team is located at our corporate headquarters in Northbrook, but this role will have flexibility to based out of our Chicago office in the future.

  • Leads the financial and accounting due diligence of multiple M&A target companies at any given time, supporting the Controllership function, Customer Operating Units (COUs) and Corporate Development

  • Provides COUs and Corporate Development insight into business drivers, strategies, financial performance and trends, cash flow, and working capital requirements of target company that can be used in the development of the valuation model (including applicable Quality of Earnings adjustments)

  • Evaluates financial due diligence findings to identify key areas of accounting risk, as well as target’s legacy compliance with US GAAP

  • Reviews the stock/asset purchase agreement to avoid undesirable accounting outcomes and assists COU Finance and Corporate Development with negotiating key terms

  • Supports and verifies purchase agreement calculations for closing agreements (e.g. indebtedness / net debt, net working capital, final/estimated closing statements)

  • Builds strong relationships with the management teams of target companies to facilitate a successful transaction and knowledge transfer as part of the subsequent integration

  • Coordinates the execution of accounting integration activities from the M&A integration playbook, supporting multiple integration projects simultaneously

  • Coordinate and execute post-acquisition accounting review, compare to UL Solution Accounting standards, and develop integration plan

  • Project manage accounting integration including defining scope, workstreams, tracking progress with various accounting functions, and resolve challenges as they come up

  • Assist with Accounting integration of acquired entities into existing UL Solution’s accounting structure, systems, and processes

  • Drive integration alignment across functional partners from Corporate Development to integration leads

  • University Degree in Accounting, Finance or related discipline

  • At least 7 years directly related experience, including:

  • Minimum of 3 years public accounting experience (pref with Big 4 accounting firm); or

  • Transaction Services with deal experience in various industries (due diligence)

  • US Certified Public Accountant

  • Strong technical knowledge of US GAAP and the application to M&A transactions

  • Experience in software and professional services industries is a plus

  • Familiarity with financial models in Excel (i.e. databooks) and various other source documents

  • Past experience with post-merger integration including understanding of acquisition lifecycle, integration planning and execution.

  • Strong oral and written communication skills are necessary to interview target management, interpret and document responses and present feedback to acquisition team members

  • Detail oriented and ability to identify risks, summarize key findings and communicate outcomes in an easy to interpret manner

  • Self-motivated individual that can adapt to changing environments

A global leader in applied safety science, UL Solutions transforms safety, security, and sustainability challenges into opportunities for customers in more than 100 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 Certification Marks serve as a recognized symbol of trust in our customers’ products and reflect 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.

From the adoption of electrification to the enablement of 5G and new mobility, we collectively look toward new frontiers, working for a safer world.​ Our science is your advantage.

Mission: Working for a safer world

UL LLC has been and will continue to be an equal opportunity employer. To assure full implementation of this equal employment policy, we will take steps to assure that:

Persons are recruited, hired, assigned and promoted without regard to race, color, age, sex or gender, sexual orientation, gender identity, gender expression, transgender status, religion, creed, national origin, ethnicity, citizenship, ancestry, disability, genetic information, military or veteran status, pregnancy, marital or familial status, or any other protected category under applicable law.

DirectEmployers