Sr. Financial Analyst - CALVIN KLEIN

Recruiter
Calvin Klein
Location
New York, New York, United States of America
Posted
06 Apr 2022
Closes
28 Jul 2022
Ref
PVH1USR28622WDINTERNALENGLOBALEXTERNAL
Function
Finance
Hours
Full Time
PRIMARY RESPONSIBILITIES/ACCOUNTABILITIES OF THE JOB

The Senior Financial Analyst will be supporting Calvin Klein and The Underwear Group by developing budgets and managing expenses to meet financial objectives; mainly focusing on the Tommy Underwear Wholesale division.

Day to Day:
  • Review and code invoices for Assistant Controller approval
  • Review associate expense reports for Assistant Controller approval
  • T&E and open invoice inquires
  • Review/prepare sales reports & trends
  • Review marketing investments and prepare ROI analysis

Month End Close
  • Prepare monthly accrual and re-classification journal entries for financial disclosure accuracy
  • Review of A/P activity for correct account classifications
  • Review of payroll activity for correct department classifications
  • Prepare monthly/YTD expense variance analysis with explanations
  • Analyze/reconcile actual sales and margin to forecast and provide explanations of variances

Monthly Forecast/Management Report
  • Attend monthly sales/shipping meetings
  • Prepare sales and margin forecast
  • Prepare balance sheet forecast
  • Prepare and review operating expense forecast
  • Prepare and review management report schedules

Monthly Financial Review
  • Prepare a monthly financial review package including:
    • Complete P&L review with variance explanations
    • Review and distribute monthly expense analysis by department (i.e., T&E, artwork, meetings etc.)
  • Review advertising analysis-work with marketing team monthly to reconcile and track committed/uncommitted expenditures. Identify trigger dates and ensure strategy is in place prior to commitment
  • Prepare any other P&L and B/S analysis as needed

Sales Allowances and Co-op Advertising Expenses
  • Review and resolve open and authorized chargebacks with accounts receivable
  • Review chargeback tracking reports for accuracy
  • Work with sales reps, credit/deductions corporate team, and analysis on open chargeback's
  • Maintain chargeback payouts via division internal finance checkbooks, and review against budgeted projections from commercial team
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QUALIFICATIONS & EXPERIENCE:

Experience:
  • 4 - 6 years financial analyst/accounting experience
  • Full P&L and Balance Sheet experience
  • Industry experience - apparel/consumer products/retail

Education: Bachelor's degree in Accounting or Finance, CPA a plus but not required

Skills:
  • Strong Excel and systems skills (i.e., pivot tables, macros, advanced formulas, etc.).
  • Ability to quickly learn various systems such as: SAP, Essbase, Concur, Arriba, and ACS.
  • Excellent communication and interpersonal skills.

#LI-AE1

PVH Corp. or its subsidiary ("PVH") is an equal opportunity employer and considers all applicants for employment on the basis of their individual capabilities and qualifications, consistent with applicable law and without regard to race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, PVH also has a strong corporate commitment to inclusion, diversity and to ensuring that all current and future PVH associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential. To achieve these goals, across the United States and its territories, PVH prohibits any PVH employee, agent or representative from requesting or otherwise considering any job applicant's current or prior wages, salary or other compensation information in connection with the hiring process. Accordingly, applicants are asked not to disclose this salary history information to PVH