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Financial Reporting Associate Los Angeles, CA, USA (on-site, not hyrbid or remote) Pay Range: $85,000-$100,000 Exempt DailyLook, a subsidiary of Victoria's Secret & Co. (NYSE: VSCO) since being ...

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Financial Reporting Associate information

Who is higher, an associate or an analyst?

In financial reporting roles, an analyst typically holds a higher position than an associate. Analysts often have more experience and may be responsible for more complex analysis and decision-making, while associates support these tasks and handle routine reporting. The specific hierarchy can vary by organization, but generally, analysts are considered senior to associates.

What are some common challenges Financial Reporting Associates face when consolidating financial statements across multiple entities?

One common challenge Financial Reporting Associates encounter is ensuring accuracy and consistency when consolidating financial statements from various subsidiaries or departments, especially if each uses different accounting systems or follows slightly different processes. This often requires strong attention to detail, effective communication with other teams, and a solid understanding of relevant accounting standards like GAAP or IFRS. Additionally, tight reporting deadlines can make it more difficult to resolve discrepancies quickly, so time management and problem-solving skills are crucial for success in this role.

What does a Financial Reporting Associate do?

A Financial Reporting Associate is responsible for preparing, analyzing, and presenting financial statements and reports for an organization. They ensure that all financial documents comply with regulatory requirements and company policies. Their role often includes collaborating with accounting teams, assisting with audits, and supporting the month-end or year-end close processes. Attention to detail, strong analytical skills, and knowledge of financial regulations are essential for success in this position.

What is the difference between Financial Reporting Associate vs Financial Analyst?

AspectFinancial Reporting AssociateFinancial Analyst
Primary FocusPreparing financial statements, ensuring compliance, and reporting accuracyAnalyzing financial data, forecasting, and providing investment insights
Required SkillsAccounting knowledge, attention to detail, familiarity with reporting standardsFinancial modeling, data analysis, strategic thinking
CertificationsCPA or similar accounting credentials often preferred CFA, CPA, or related certifications beneficial
Work EnvironmentCorporate finance or accounting departments, often in finance or accounting firmsInvestment firms, corporate finance, consulting

The main difference is that Financial Reporting Associates focus on preparing and verifying financial reports, ensuring compliance with standards, while Financial Analysts analyze financial data to support decision-making and strategic planning. Both roles require strong analytical skills and relevant certifications, but their core responsibilities differ in scope and purpose.

Will AI replace financial analysts?

AI can automate routine tasks in financial analysis, such as data collection and basic reporting, but it is unlikely to fully replace financial analysts. Analysts' skills in interpretation, strategic decision-making, and client communication remain essential, and AI tools are typically used to enhance their work rather than replace it.

What are the key skills and qualifications needed to thrive as a Financial Reporting Associate, and why are they important?

To thrive as a Financial Reporting Associate, you need strong analytical abilities, attention to detail, and a background in accounting or finance, typically supported by a bachelor's degree. Familiarity with financial reporting standards (like GAAP or IFRS), advanced Excel skills, and experience with ERP systems such as SAP or Oracle are commonly required. Excellent organizational skills, clear communication, and the ability to work under deadlines help individuals excel in this role. These skills ensure the accurate preparation of financial statements, compliance with regulatory requirements, and effective collaboration with stakeholders.

Is FP&A an entry level job?

Financial Planning and Analysis (FP&A) roles are often entry-level positions, but they can also require some prior experience or relevant skills such as Excel proficiency and financial modeling. Entry-level FP&A jobs typically focus on data analysis, budgeting, and reporting, and may require a bachelor's degree in finance, accounting, or a related field.

What is a financial reporting associate?

A financial reporting associate is responsible for preparing, analyzing, and ensuring the accuracy of financial statements and reports. They often use accounting software and have strong attention to detail, typically requiring knowledge of accounting standards and financial regulations. This role supports the transparency and compliance of an organization’s financial information.
More about Financial Reporting Associate jobs
What cities are hiring for Financial Reporting Associate jobs? Cities with the most Financial Reporting Associate job openings:
What are the most commonly searched types of Financial Reporting jobs? The most popular types of Financial Reporting jobs are:
What states have the most Financial Reporting Associate jobs? States with the most job openings for Financial Reporting Associate jobs include:
Infographic showing various Financial Reporting Associate job openings in the United States as of June 2026, with employment types broken down into 85% Full Time, 14% Part Time, and 1% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution.
Financial Reporting Associate

Financial Reporting Associate

DAILYLOOK

Los Angeles, CA • On-site

$85K - $100K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago

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Job description

Financial Reporting Associate

Los Angeles, CA, USA (on-site, not hyrbid or remote)

Pay Range: $85,000-$100,000 Exempt

DailyLook, a subsidiary of Victoria’s Secret & Co. (NYSE: VSCO) since being acquired in December 2022, is seeking a Financial Reporting Associate to join the finance and accounting team.

Qualifications for the Position

  • Qualifications for the Position

    Bachelor's degree in Accounting, Finance, or a related field
    CPA preferred
    At least 2+ years of relevant experience is a must
    Knowledge of SOX 404 compliance & internal controls preferred
    Strong knowledge of GAAP and financial reporting.
    Experience with ERP systems (NetSuite preferred).
    Advanced proficiency in Microsoft Office and other financial tools.
    Excellent analytical, organizational, and leadership skills.
    Exemplary interpersonal communication skills both verbal and written
    Highly motivated, collaborative
    Experience in a Startup or Retail industry is an extra plus!
    An intellectually curious team player with a no-compromises approach to work quality, attention to detail, organization, and the ability to manage multiple priorities and projects in a fast-paced environment
    Self-motivated, detail-oriented, hands-on go-getter with the ability to build and overhaul processes, take initiative, work independently and proactively, multi-task, and remain flexible with changing priorities
    “I’ll find a way!” mindset where you can leverage your autonomy within your role to think outside the box
    Demonstrated ability to communicate and collaborate effectively across global teams by adapting to diverse cultural norms, respecting time zone differences, and leveraging digital collaboration tools to maintain alignment and productivity
    Skilled in building trust and fostering inclusive communication styles that support clarity, empathy, and shared goals in international work environments
    Ability and willingness to work on-site at our office in Downtown LA office 5x a week.
    Extended availability: Occasionally, due to public company financial reporting deadlines, your availability may be required until 9:00 PM and may be required on the weekends. While we will make every effort to keep meetings within your core hours, this cannot always be guaranteed. You will be informed in advance when extended availability is needed.


    Responsibilities

    Play a key role in the month end financial statement close process by preparing month end journal entries and account reconciliations.
    Coordinate with internal & external auditors as needed
    Prepare the monthly, quarterly and annual financial statements and supporting financial reporting packages.
    Ensure compliance with GAAP and other financial regulations.
    Prepares the budgeting, forecasting, and variance analysis.
    Prepares various scenarios for forward looking finance requests as needed
    Implement and improve financial reporting processes and internal controls.
    Other responsibilities (i.e. special projects, ERP enhancements, system uplift procedures, internal controls, and ad hoc analyses as requested.)
    Collaborate with other departments and provide necessary financial information to help monitor KPI performance
    Prepare monthly KPI results
    Records and posts AP invoices accurately and timely
    Executes and applies payments on posted AP invoices accurately and timely
    Performs monthly vendor confirmations and resolves issues with vendors as needed
    Performs three way match procedures on inventory purchase orders, invoices and receipts.
    Ensure approvals for invoices are coordinated in accordance with the Company’s Delegation of Authority Matrix.


    Compensation & Benefits


    The base /pay for this position ranges from $85,000-$100,000. This is an exempt position. Pay is based on a number of factors including job-related knowledge, skills, and experience.
    In addition to base compensation, Adore Me offers employees the following benefits:

    401(k)
    Access to virtual health and wellness support
    Medical, dental, and vision
    Paid holidays
    Sick time
    Paid parental leave for new parents
    Paid prenatal leave
    FSA
    Access to virtual family-building care platform
    Commuter Benefits
    Supplemental Life Insurance
    Voluntary Short & Long Term Disability Insurance

    DailyLook is proud to provide equal opportunity to all employees and qualified applicants without regard to race, color, religion, national origin or citizenship, age, sex, marital status, ancestry, legally protected physical or mental disability, veteran status, gender identity, sexual orientation or any other basis protected under applicable law.

    By applying for this position, the applicant authorizes DailyLook to check all references list on your application and/or resume.

Company Description

DailyLook is a fast-growing e-commerce fashion company which is a subsidiary of Victoria’s Secret & Co. (NYSE:VSCO). DailyLook is seeking top performing, self-motivated people. This is a unique opportunity to build public company experience while driving growth and scale in an independently operated, creative, tech-centric startup environment.