About the Role:
The Product Finance Senior Financial Analyst – Global CK:
- Will support the Product Finance Snr Director and will act as a seniorfinancial advisor by providing insights to drive fact-based, optimal decision-making, and input in the development of the business strategies and operations of the global CK business.
- Operationalize work in relation to the global product teams to coordinate and streamline financial processes and procedures.
- Support ad hoc projects as needed.
What You'll Do:
Overall Strategic & Tactical & Operational Planning & Tracking:
- Periodic planning: individually prepare the seasonal brand planning summaries, set product targets and track variances to targets.
- Strategic budget plan: establish appropriate future looking budgets in line with strategic priorities and responsible for ensuring financial system alignment.
- Business partnering: provide input for meetings based on with the department leaders in the global product organization (Chief Product Officer, Chief Design Officer, Merchandising group).
- Financial insights: creating transparency on key product performance indicators with respect to product categories and seasons, provide benchmarking and challenge departmental leads.
- Risk mitigation: manage business risk to protect the division’s assets.
Strategic/tactical revenue and profitability planning and tracking:
- Financial insights: support the global product teams with analytics and insights and advice where needed and drive identification of areas for analysis and optimization:
- Tracking of SMS expenses and improve accuracy of projections; individually prepare the seasonal SMS budget for global teams including SMS Liabilities, update the projections by season as well as actuals and align with our finance counterparts for system alignment
- Profitability planning:
- Support the implementation of the global brand planning process from category kick-off until sell-out with all regions;
- Track margin development from range planning to order shipment (post order book freeze) by region, channel and product category and perform gap analysis to target;
- Perform ad-hoc analysis on strategic business opportunities that create value (licensing take-backs, new product initiatives, pricing architecture etc.)
Financial Reporting & Compliance:
- Financial reporting: responsible for providing finance counterparts inputs on SMS, liabilities, and product KPIs ahead of financial closings.
- Reporting: improve reporting and communication for the global product leadership team and senior management group (including actual results, estimates and budget variances) and define actionable items to improve efficiency and effectiveness of spending.
- Compliance: implement and monitor adherence to policies and ensure the integrity of policies, procedures and financial statements to ensure accurate and timely recording and reporting of operating results.
- Automation: drive automation and efficiency in financial product processes through dashboards and automated reports.
BUDGETARY RESPONSIBILITIES:
- Work together with the Product Finance team to ensure a smooth budget process for the respective cost centers in the scope of the CK Global team.
DECISION MAKING:
- Work closely with VP Finance CK Global and Product Finance Snr Director in making strategic financial decisions.
- Partner with regional Brand Finance teams to drive actionability of decisions from global to local.
- Ensure all courses of action are in compliance with internal and external policies and regulations.
RESOURCEFULNESS/CREATIVITY:
- Ensure Finance team meets internal and external deadlines.
- Requires ability to handle shifting priorities in a fast-paced environment.
ENVIRONMENT:
- Office located on 205 W 39 Street in NY
What You'll Bring:
Experience:
~5-7 years of financial management and accounting experience.
Global financial experience recommended.
Education:
Bachelor’s degree in Business Finance or Accounting required.
Skills:
- Financial analysis: excellent analytical skills, managing large data quantities and complex problem solving skills.
- Financial scenario planning: building financial models to evaluate different scenarios.
- Budgeting and forecasting: establish targets and forecast financial performance with precision and accuracy to drive informed decision making.
- Business acumen: understanding of the fashion industry, including market trends, consumer behavior, competition and supply chain dynamics.
- Communication skills: effective communication skills to collaborate with cross-functional teams, translate financial insights to actionable recommendations.
- Project management: experience in driving projects, ensuring all stakeholders remain engaged and updated and deliverables are met.
- Adaptability and creativity: being adaptable to the constantly evolving fashion industry and finding innovative financial solutions is key to success in this role.
- Business fluency in English (written and spoken).
- Proficiency in Microsoft package software programs.
- Knowledge of SAP financial packages (general ledger).
- Knowledge of Essbase software (financial reporting).
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Pay Range:$82,500---$117,100
Additional Compensation: This role is bonus eligible.
Your Wellbeing is Our Priority
At PVH, we offer competitive, cost-effective, and comprehensive benefit packages. We strive to provide options when it comes to your health, finances, and work-life balance. This includes:
Pay & Insurance: Competitive pay, bonus programs, best in class medical insurance, vision insurance, dental insurance, life insurance, disability insurance, and more.
401(k): An above-market 401(k) contribution to help our eligible associates save for retirement.
Flexible Workplace: Generous company-paid holidays, paid time off, hybrid working arrangements, volunteer opportunities, seasonal hours, and flexible work schedules.
Wellbeing Support: A variety of wellbeing tools and programs such as, Headspace membership, reimbursement for fitness memberships and/or digital meditation subscriptions, and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities.
Care.com Services: Access to services for childcare, elder care, adoption preparation, pet care, plus reimbursement for backup care when your regular plans fall through.
Education Assistance: Receive support for continued education including tuition reimbursement.
Associate Discount: Shop at our company outlets and e-commerce sites at a discount.
Please note, eligibility depends on employment status, location and length of time employed with PVH and our benefits may be subject to change. Applications will be accepted on a rolling basis until the position is filled.
