PVH Corp. Financial Analyst - PVH Corp. in Bridgewater, New Jersey
The responsibilities of the position are integral to the department and include the accounting for certain debt and derivatives activities, the accounting for certain incentive-based compensation activities, and assisting with other Technical Accounting group activities as further described below.
Responsible for the accounting of the Company’s debt and the related accounting for debt fees and accrued interest for actual results as well as for the budget and estimate processes.
Assist with the Company’s debt covenant reporting requirements including the calculation of various financial ratios to ensure compliance with the Company’s debt agreements.
Assist with hedge accounting pertaining primarily to the following: foreign currency hedge contracts entered into by the Company to hedge against the impacts of changes in FX rates on USD-denominated inventory purchases made by foreign subsidiaries and interest rate swaps entered into by the Company to hedge against the impact of changes in interest rates.
Assist with the calculation of the Company’s bonus/long-term incentive plan expense for actual results as well as for the budget and estimate processes.
Assist with the accounting for stock-based compensation (e.g., recording of stock-based compensation expense, recording of tax benefits associated with exercises of options/vesting of restricted stock and restricted stock units).
Assist with the preparation of certain footnotes for inclusion in 10-Q/10-K filings (e.g., debt, derivative financial instruments).
Assist with the preparation of executive compensation disclosures for the Company’s annual Proxy Statement.
Experience: 2-4 years
Education: Bachelor’s Degree in Accounting or Finance; CPA is a plus
Skills: Strong analytical skills and internal customer focus is required. Able to manage multiple deadlines and priorities required. Individual will need to quickly learn various systems such as SAP and Essbase. A detail oriented individual will make for a successful candidate.
With a history going back over 135 years, PVH has excelled at growing brands and businesses with rich American heritages, becoming one of the largest apparel companies in the world. We have over 36,000 associates operating in over 40 countries and nearly $9 billion in annual revenues. We own the iconic CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, IZOD, ARROW, Speedo*, Warner’s, Olga and Geoffrey Beene brands, as well as the digital-centric True & Co . intimates brand, and market a variety of goods under these and other nationally and internationally known owned and licensed brands.
*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International Limited.
DIVERSITY & EQUAL OPPORTUNITY We are committed to recruiting, training and providing career advancement to all associates regardless of gender, race, religion, age, disability, sexual orientation, nationality, or social or ethnic origin. Diversity in the workplace is encouraged. Bigotry, racism and any form of harassment or discrimination is not tolerated.