Senior Financial Analyst, Financial Reporting - Lease Accounting

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 Senior Financial Analyst will be responsible for the complex activities associated with maintaining ledger accounts, ASC 842 accounting, developing financial statements and reports for month-end, quarter-end, and year-end close process and presenting those reports to executive leadership. His/her team will be responsible for collaborating with Legal, Real Estate, Finance & Internal/External Audit for strong financial control integrity. The ideal candidate will have a proven finance and accounting background, solid understanding of finance and accounting concepts, strong internal control approach, and excellent interpersonal and analytical capabilities.

KEY RESPONSIBILITIES:

• Audit and approve lease language/forecasts for ASC 842 requirements for North America stores
• Establish and maintain productive working relationships with cross functional partners in Real Estate, Legal, Technology, Finance and Accounting Operations
• Maintain strong system of controls for financial transactions in accordance with GAAP
• Prepare financial analyses to support/influence business decisions
• Identify risk areas and implement processes and controls to minimize/eliminate risk
• Continuously seek to drive efficiencies and implement process improvements
• Complete initiative-based ad-hoc analysis, assist in special projects, support the development of materials for executive leadership & train new team members
• Become a key resource for our partners
• Ensure all month-end financial close is performed for occupancy expenses in a timely and accurate manner with a high level of attention to detail
• Prepare manual journal entries to the general ledger
• Perform detailed analysis on balance sheet and income statements on a regular basis and present findings in a clear and concise manner to executive leadership
• Create and analyze financial reports without assistance
• Complete all SOX, Financial & Lease external (domestic & international & internal audit requests efficiently and accurately
• Prepares numerous schedules for the Tax and 10K/SEC reporting

Click here for benefit details related to this position.

Minimum Salary: $86,800.00

Maximum Salary: $117,600.00

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

QUALIFICATIONS:

• Experience reviewing and analyzing real estate leases
• Experience with Lease Accounting Standard 842 (GAAP
• Experience with accounting close procedures (monthly, quarterly & annual
• Strong analytical skills & ability to meet all deadlines and handle multiple objectives in a fast-paced environment with high level of attention to detail
• Exhibit critical thinking & curiosity including insights and questions when distributing a report or analysis
• Ability to deal with ambiguity and incomplete information while navigating analytical situations
• Clearly articulate and present ideas, explanations and analytical findings to Leadership
• Independently solve problems
• Demonstrate initiative and drive to achieve results
• Strong organizational, prioritization & time management skills
• Develop & maintain strong cross-functional partnerships and provide excellent customer service
• Excellent verbal and written communication skills
• Leadership skills to provide functional advice and training to less experienced associates & strong interest in advancement
• Conducts all work in an ethical, honest, professional and confidential manner
• Proficient in MS Office, financial and lease administration systems (i.e. Hyperion, SAP, SAP REFX/PPM/Open Text

EDUCATION AND EXPERIENCE:

• Bachelor"s Degree in Accounting, or related field, is required with 3-5 years of related financial analysis or accounting experience
• Master's Degree in Accounting or MBA, a plus
• CPA strongly preferred

Note: May perform other duties as assigned

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.