Victoria’s Secret & Co is a world-leading specialty retail brand recognized globally for innovation and excellence in lingerie and fashion. The Benefits Analyst – Finance/Accounting is responsible for financial oversight, reporting, and complex analytical support for the organization’s health and welfare benefit programs, ensuring compliance and accuracy in benefit plan financial operations.
Responsibilities:
- 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
- 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
- Support compliance efforts related to ACA, ERISA, COBRA, HIPAA, and other applicable regulations
- Maintain strong internal controls through detailed validation, documentation, and audit readiness
- Attend and actively participate in vendor meetings; work with third-party providers to resolve discrepancies
- Collaborate cross-functionally with Finance, Payroll, and HR partners
Requirements:
- Bachelor's degree in Business Administration, Finance, Accounting, or related field
- 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
- 3–5 years of relevant benefits, finance, or HR experience preferred
- Oracle Cloud Core HR and Benefits experience is a plus