Benefits Analyst - Finance/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.

Your Role
The Benefits Analyst – Finance/Accounting is responsible for financial oversight, reporting, and complex analytical support for the organization’s health and welfare benefit programs. This role plays a critical part in managing benefit plan financial operations, including invoice validation, self-billing processes, cost tracking, and variance analysis.

The position partners closely with Finance, Payroll, HR, and third-party vendors to ensure accurate benefit spend forecasting, compliance with regulatory requirements, and timely resolution of discrepancies. A strong focus on data integrity, internal controls, and process improvement is essential to support effective and compliant benefit plan administration.

Your Impact

Financial Oversight, Reporting & Analysis

• Assist the Senior Benefits Manager with benefit plan spend tracking, cost driver analysis, and forecasting.
• Perform complex reconciliations and financial analytics related to benefit plan expenses.
• Validate, audit, and submit benefit vendor invoices for payment; execute and monitor self-billing processes.
• Prepare internal statistical, operational, and financial reports to support decision-making.
• Ensure Flexible Spending Account (FSA) plans are appropriately funded and reconciled.

Plan Administration, Program Support & Projects

• Support ongoing administration of associate benefit plans (medical, dental, vision, life, disability, etc.).
• Lead benefit eligibility tracking and enrollment reporting activities.
• Assist with plan audits and required regulatory filings.
• Participate in major initiatives such as open enrollment, implementation of new benefit plans, and system changes.

Compliance & Risk Management

• Support compliance efforts related to ACA, ERISA, COBRA, HIPAA, and other applicable regulations.
• Maintain strong internal controls through detailed validation, documentation, and audit readiness.

Vendor Management & Cross-Functional Collaboration

• Attend and actively participate in vendor meetings; work with third-party providers to resolve discrepancies.
• Collaborate cross-functionally with Finance, Payroll, and HR partners.
  

Click here for benefit details related to this position.

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.

Your Experience

• Bachelor’s degree in Business Administration, Finance, Accounting, or related field
• 3–5 years of relevant benefits, finance, or HR experience preferred
• Oracle Cloud Core HR and Benefits experience is a plus
• Strong financial acumen with advanced analytical skills
• Advanced proficiency in Microsoft Excel
• High attention to detail and accuracy
• Excellent written and verbal communication skills
• Ability to manage multiple projects independently

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.

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