L Brands

Sr. Accountant, Retail Operations

Posted on: 28 Mar 2021

Columbus, OH

Job Description

Description

Position Summary

The Investment Services Sr. Accountant is responsible for moderately to highly complex accounting activities related to the management of fixed assets and project accounting (including Store Design & Construction projects as well as brand sponsored projects. The Sr. Accountant provides support for project related interactions with Project Managers, Purchasing Managers, Business Analysts, Tax Analysts, Brand Financial Reporting teams, and other various accounting resources. Position reports to Manager, Investment Services.

Responsibilities

* Project accounting for all assigned brand(s. This role is specifically related to Technology projects and involves working with that team to ensure all costs are captured and loaded appropriately.
* Perform CIP analysis and ensure accurate inter-company transfer of fixed asset costs, accumulated depreciation and depreciation expense, as well as all project related expense to the responsible business units monthly
* All accounting functions including acquisitions, dispositions, transfers, projections, and the monthly close for brand fixed assets
* Prepare monthly general ledger reconciliation schedules with the ability to communicate account activity to all levels of management
* Ability to review, report and track capital spending, provide financial projections, and advise on budget related issues as well as may include oversight of accountant responsibilities
* Ability to execute, review, and present all quarter-end and year-end Tax reporting from the SAP system, as well as support other ad hoc Tax requests
* Review and analyze current finance processes, making appropriate recommendations for improvements and efficiencies
* Interact with the corporate tax department to ensure compliance with Federal, State and Local tax laws
* Resolution of SAP Project Accounting and Fixed Asset software issues from a user perspective including support for technology enhancements, break/fix issues, and any necessary ad hoc testing
* Become familiar with current L Brands Capital Policy and act as a resource for the team on all capitalization/expense issues

Qualifications

Qualifications

* Seasoned analytical, system and accounting skills (strong understanding of GAAP
* Ability to prepare all work in a timely manner with high level of attention to detail
* Excellent verbal and written communication & presentation skills
* Demonstrated ability to multi-task and work independently; able to meet all deadlines and handle multiple objectives in a fast-paced environment

Education & Experience

* Bachelor's Degree in Finance or Accounting is required with a CPA a plus
* 3-5 years Accounting and/or Finance experience
* Knowledge of GAAP
* SAP-enabled process experience/skills
* PC skill proficiency including Microsoft Word, Excel and Access

Note: May perform other duties as assigned
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.

L Brands

Columbus, OH

L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, home fragrance products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. Its products include loungewear, bras, panties, athletic attire, shower gels and lotions, aromatherapy, body care, soaps and sanitizers, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, PINK, Bath & Body Works, La Senza, Henri Bendel, White Barn, C.O. Bigelow, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners.

As of February 27, 2019, the company operated 2,943 company-owned specialty stores in the United States, Canada, the United Kingdom, Ireland, and Greater China, as well as sold its brands through approximately 600 franchised locations and online worldwide.

The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

  • Industry
    Sales/Retail
  • No. of Employees
    25, 500
  • Jobs Posted
    5351