Budget & Financial Analyst

Job Description

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

The Budget Financial Analyst is responsible for supporting the strategic financial and budget planning processes and to help ensure alignment with the organization’s financial strategy. This role provides budget recommendations on operational efficiencies and improvements to support strategic utilization of resources, guide organizational decision making, and help provide analytical acumen.

This is a hybrid position (Tuesday & Thursday onsite) at our Evanston, IL office.

UL Research Institutes and UL Standards & Engagement

At UL Research Institutes (ULRI) and UL Standards & Engagement (ULSE), we expand the boundaries of safety science to create a more secure and sustainable world. For more than a century, we have studied the unintended consequences of innovation, designed solutions to mitigate risk, created new safety standards and shared our findings with academia, scientists, manufacturers, and policymakers across industries. We identify critical safety and sustainability issues, asking the tough questions because we believe a safer world begins with knowledge.

What you’ll learn and achieve:

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

• Develop, analyze, and monitor financial budgets to ensure alignment with organizational goals.

• Collaborate with department leaders to gather financial data and provide insights for budgetary planning.

• Evaluate budget variances and provide recommendations for cost-saving measures.

• Prepare financial reports, forecasts, and projections to guide decision-making processes.

• Conduct regular financial analyses to identify trends, risks, and opportunities.

• Assist in the preparation of budget presentations for senior management.

• Perform other duties as directed.

What you’ll experience working at UL Research Institutes and UL Standards & Engagement: We have pursued our mission of working for a safer, more secure, and sustainable world for nearly 130 years, embedding conscientious stewardship into everything we do.

• People: Our people make us special. You’ll work with a diverse team of experts respected for their independence and transparency and build a network, because our approach is collaborative. We collaborate across disciplines, organizations, and geographies to build the global scientific response that today’s global challenges require.

• Interesting work: Every day is different for us here. We see what’s on the horizon and use our expertise to build the foundations of a safer future. You’ll have the opportunity to push the boundaries of human understanding as part of a team working to advance the public good.

• Grow and achieve: We learn, work, and grow together through targeted development, reward, and recognition programs.

• Values. Four core values guide our work: collaboration, respect, integrity, and beneficence. By living our values, we inspire the trust essential to fulfilling our mission and foster the partnerships that enable us to pursue a beneficent future in which we all can thrive.

• Total Rewards: All employees at UL Research Institutes and UL Standards & Engagement are eligible for bonus compensation based on the level of the position. We offer comprehensive medical, dental, vision, and life insurance plans and a generous 401k matching structure of up to 5% of eligible pay. Moreover, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. Depending on your role, you may be able to discuss flexible working arrangements with your manager. We also provide employees with paid time off, including vacation, holiday, sick, and volunteer days.

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 understanding of financial principles, accounting, and budgeting processes.

• Ability to analyze complex financial data and draw meaningful conclusions.

• Clearly convey financial information to both financial and non-financial stakeholders.

• Thoroughness in budget preparation, ensuring accuracy and completeness.

• Identify challenges and propose effective solutions to achieve financial goals.

• Work collaboratively with cross-functional teams to gather relevant financial information.

• Ability to adapt to changing priorities and deadlines in a dynamic environment.

• Utilize financial software, Excel, and other tools to manage and analyze data effectively.

• Superior quantitative and analytical capabilities with Advanced Excel skills, PowerPoint skills, and other office suite products.

• Knowledge of financial modeling, planning, reporting, and analysis.

• Strong communication skills both written and verbal.

• Comfortable with large business projects, data sets and system initiatives.

Professional education and experience requirements for the role include:

• Bachelor’s degree in accounting, finance, or a related field.

• Minimum 4 years of directly related experience.

• Experience with Adaptive and Workday is preferred.

About UL Research Institutes and UL Standards & Engagement

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.

To learn more, visit our websites UL.org and ULSE.org.

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