L brands

Senior Financial Analyst, Financial Reporting

L brands • $75K — $95K *
Reynoldsburg, OH 43068In-Person
Finance & Insurance
5 - 7 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in accounting and financial statement analysis
  • Bachelor's Degree in Accounting or Finance; CPA or CPA candidate preferred
  • Advanced proficiency in Microsoft Excel
  • Strong organizational and time management skills
  • Excellent verbal and written communication abilities
  • Ability to work independently with minimal supervision
  • Demonstrated analytical and creative thinking skills

Responsibilities

  • Prepare complex journal entries and balance sheet reconciliations
  • Analyze critical accruals, determining methodology for calculation
  • Review financial statements, analyze trends, and report variances
  • Lead monthly, quarterly, and annual corporate reporting preparation and review
  • Collaborate with divisions for accurate expense reporting and intercompany accounting
  • Ensure compliance with accounting policies and internal controls
  • Serve as the contact for Financial Reporting inquiries from other departments

Benefits

  • Provides development opportunities through team supervision
  • Participation in ad-hoc projects to build diverse skills
  • Engagement with internal and external audit activities for comprehensive learning
  • Focus on continuous improvement within financial processes
Full Job Description
The Senior Financial Analyst is primarily an individual contributor responsible for preparing complex journal entries and balance sheet reconciliation schedules, performing analysis on most critical accruals and determining appropriate methodology to calculate accruals, analyzing material fluctuations in corporate reporting and providing explanations for upper management, assisting with the preparation and review of monthly, quarterly, and annual corporate reporting, creating and distributing meeting notes and callouts to leadership for account reconciliations and financial statement review. May also include supervision responsibilities of other team members including directing workload, reviewing work output, and developing through providing learning experiences

Your Impact

  • Prepares complex journal entries and balance sheet reconciliation schedules
  • Provides projections for multiple financial accounts
  • Performs analysis on most critical accruals and determines appropriate methodology to calculate accruals
  • Reviews financial statements, performs analysis on trends, and reports on variances
  • Analyzes material fluctuations in corporate reporting and provides explanations of key drivers
  • Leads the preparation and review of monthly, quarterly, and annual corporate reporting
  • Partners with other divisions to ensure proper reporting and analysis of expenses and appropriate intercompany accounting
  • Ensures compliance with accounting policies and adherence to internal controls
  • Serves as point person on Financial Reporting inquiries from other departments
  • Leads ad-hoc projects as requested
  • Identifies areas of improvement and execute plans for implementation of process improvements
  • Maintains compliance with GAAP and adherence to Sarbanes-Oxley internal controls
  • Provides support with internal and external audit activities


Your Experience

  • 5-7 years of experience in preparing, analyzing and reviewing accounting information and financial statements.
  • Bachelor's Degree in Accounting or Finance required, CPA or CPA Candidate a plus
  • Advanced PC skill proficiency including Excel
  • Excellent communication skills
  • Strong organizational skills
  • Ability to manage time effectively and efficiently
  • Perform job functions/assignments with minimal supervision
  • Maintain confidentiality
  • Execute sound judgment in general accounting matters
  • Ability to think analytically and creatively


About L brands

Bath & Body Works, Inc. is an American specialty retailer based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and was listed as 248 on the 2020 Fortune 500 list of largest United States companies by revenue. In February 2020, L Brands announced the planned sale of its Victoria's Secret division to Sycamore Partners, a private equity firm. Under the agreement, Sycamore Partners would gain a 55% controlling stake in Victoria's Secret while L Brands would keep a 45% stake, leaving Bath & Body Works to become L Brand's sole business. The sale fell through in May 2020, although Wexner did step down as CEO as planned, replaced by Andrew Meslow. In March 2021, L Brands announced it would spin off Victoria’s Secret as a stand-alone publicly traded company, and then change its name to Bath & Body Works, Inc.
Learn more about L brands
Size
2,800 employees
Market Cap
$22.2 billion
Industry
Retail & Consumer Goods
Net Income
$845.3 million
Founded
1963
5 Year Trend
-0.5%
Revenue
$11.8 billion
NASDAQ
LB
* Ladders Estimates

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