Accountant, Production Inventory Control

Why You Belong Here

At Victoria's Secret & Co, you'll join a world-leading specialty retail brand recognized globally for innovation and excellence in lingerie and fashion. You'll work alongside industry leaders to set the standard for what a retail brand can achieve, placing customers at the center of everything we do to create products and experiences that bring them joy.

We believe everyone deserves a place where they truly belong. We celebrate individuality and know that your passion, experience, and unique perspective strengthen our team and business. Here, you'll be empowered to perform, grow, and engage through unmatched opportunities to develop your skills, gain real-world experience, and learn from the best in the business.

Description

The Production Inventory Control Accountant is responsible for managing Beauty and Home owned inventory at vendor manufacturing facilities and completing physical inventory reconciliations related to those specific vendors. Individual is also responsible for ensuring all vendor transactions are properly processed in SAP (i.e. receipts, production, shrink, damages, etc. as well as monthly journal entries and ad-hoc reporting. Reports to Manager. Opportunity to travel 3-4 times per year

Your Impact:

• Perform inventory reconciliations with our vendor base
• Work with vendors to resolve unprocessed receipts, production or shipments
• Transact inventory differences resulting from reconciliations.
• Ensure damaged/rejected items at suppliers are properly recorded in SAP
• Communicate disposal schedules to vendors; track and transact adjustments accordingly
• Identify Excess & Obsolete (E&O reserved items during PI/B2B and account for inventory accordingly
• Research and resolve aged vendor metric issues (MRBR, GR/IR, Failed IDOCs
• Partner with vendors to ensure adequate cut-offs and reporting for PI/B2Bs
• Resolve blocked invoice issues to ensure vendors are paid within payment terms
• Partner with AP to resolve invoice pricing discrepancies
• Post transactions in SAP for non-portal vendors
• Complete vendor statement reconciliations to resolve managed vendor issues

Key Meetings:

• Prepare GR/IR, MRBR and In Transit metrics for weekly team meetings
• Communicate status of aged blocked invoices, GR/IR, In Transit and current PI/B2B reconciliations for assigned vendors
• Conduct meeting with vendor prior to physical inventory to ensure understanding and compliance to all reconciliation requirements
• Monthly blackbook meeting to report balance sheet variances to upper management

Click here for benefit details related to this position.

Minimum Salary: $59,300.00

Maximum Salary: $77,805.00

VS&Co provides a range of compensation for this role as shown. Your actual salary will be determined by a number of factors, including: your specific skills and experience, geographic region, or other relevant factors.

Qualifications

Your Experience

• Minimum of one year experience in accounting and/or finance operations, preferably with a company with annual volume in excess of $100MM

• Experience in journal entry preparation, auditing and balance sheet reconciliation preferred

• Advanced PC skills, Excel and Word

• Excellent customer service skills

• Excellent verbal and written communication skills

• Strong problem solving skills

• Proven organizational skills

• Relevant SAP experience a plus

• Bachelor"s degree in accounting or finance preferred

• Advanced degree or CPA a plus

We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws. Please see links: California Fair Chance Act, Los Angeles Fair Chance Initiative for Hiring Ordinance, Philadelphia Fair Chance Law, San Francisco Fair Chance Ordinance, Los Angeles County Fair Chance Ordinance

An equal opportunity employer, we do not discriminate in hiring or terms and conditions of employment because of an individual's race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status or any other protected category recognized by state, federal or local laws. We only hire individuals authorized for employment in the United States.