Director, Product Finance - Calvin Klein

Design Your Future at PVH Director, Product Finance - Calvin Klein POSITION SUMMARY: The Product Finance Director - Global CK: Will support the Product Finance Snr Director and function as a financial advisor and business partner by providing insights to drive fact-based, optimal decision-making. Responsible for inputs in the development of the business strategies of the Global CK product categories in scope. Supervise and drive financial business planning and tracking to achieve financial targets in alignment with the brand's strategy within the PVH+ Plan. Identify and drive ad hoc projects as needed. PRIMARY RESPONSIBILITIES/ACCOUNTABILITIES OF THE JOB: Overall Brand Financial Planning and Tracking: Strategic financial planning : partner with product category leads in strategic planning, priority setting, target setting, and brand profitability steering to optimize seasonal product development financials and product category financials - for annual budget cycle and three-year plan. Periodic planning : steer Senior Financial Analyst for product category target setting and performance tracking thereof. Business partnering - revenue levers: work with key stakeholders and participate in regular product meetings to drive a fact-based decision-making process by sharing the key financial product targets (net revenue (growth), margin, range size, volumes) Business partnering - cost levers: work with key stakeholders to ensure coming season product costs capture latest consensus on key macro inputs e.g., labor, raw materials, freight, customs duties . Risk mitigation : manage business risk to protect the division's assets; makes recommendations for risk mitigation. Strategic/tactical revenue and profitability planning and: Financial insights : identify opportunities, make strategic recommendations, and challenge category leads for optimal future business growth. Create transparency on KPIs with respect to category plans: Net revenue by region, channel, and category. Volume development by region, channel, and category. Cost components in terms of FOB and other variables (freight and duties). Profitability planning: provide insights into current season product trends: Go-in margin development and ways to affect from kick off to sell out. Macro-economic trends affecting profitability . Initiatives/projects: drive ad hoc product initiatives to improve category growth and profitability. Tooling: direct improvements to reporting and analytical tools regarding range optimization, go-in-margin calculation, market overlap etc. Financial Reporting & Compliance: Reporting: provide regular reporting and communication for the product category leads (including Global CK actual results, estimates and budget variances), lead meetings that drive actionability for category growth Compliance : develop, implement, and monitor policies and procedures to ensure accurate and timely recording and reporting of operating results. Ensure the integrity of financial policies and financial statements. Collaboration: with cross functional category teams as well as counterparts in regional brand finance teams. QUALIFICATIONS & EXPERIENCE: Experience: 5-10 years of experience in (merchandise) planning and financial management. 3-5 years global experience in senior financial position in the retail or apparel industry. Direct experience with product categories, extensive experience in budgeting and category sales planning and pricing strategies within the apparel industry. Demonstrated success in achieving financial targets and financial (category) KPIs Proven track record of leading successful brand initiatives that enhance product growth. Education: Bachelor's degree in business, Finance or Planning required. MBA, CFA, or CMA recommended. Skills: Strategic thinking : ability to develop long-term product strategies aligned with business goals. Translate a strategic vision into operational improvements. Strategic planning: develop and execute financial planning strategies, particularly in assessing new business opportunities, market expansions, or product launches. Analytical: exceptional analytical skills, and ability to interpret complex data and lay-out approach for managing large data quantities from multiple sources to guide less senior team members. Cost control: strong background in cost control (managing product costing, pricing strategies, margin improvement initiatives). Business acumen : deep understanding of the apparel industry, including market trends, consumer behavior, and competitive dynamics. Understanding of supply chain finance and how it impacts product profitability. Project and Stakeholder management : experience in managing large-scale projects and budgets as well as ability to influence cross functional teams and senior stakeholders to align financial strategies with business goals. Consumer mindset : ability to create consumer-centric brand plans. Interpersonal skills: capable of building strong relationships, influencing and negotiating with senior executives and cross-functional teams. Communication skills : strong verbal and written communication skills, with the ability to present financial information clearly to non-financial stakeholders Problem-solving : ability to identify financial issues and develop innovative solutions paired with strong decision-making skills. Leadership : developing and guiding less senior team members Business fluency in English (written and spoken). Proficiency in Microsoft package software programs. Knowledge of SAP financial packages (general ledger). #LI-Hybrid Pay Range:$145,000 - $175,000 PVH currently provides base salary ranges for all positions-on job advertisements-in the United States based on local requirements. These ranges are based on what PVH reasonably believes that it will pay an associate for their base salary for said position at the time of the posting. Individual compensation will ultimately be determined based on a variety of relevant factors including but-not limited to qualifications, geographic location and other relevant skills. PVH is committed to providing a market-competitive total rewards package to eligible associates, which includes diverse and robust health and insurance benefits to meet the varied needs of our associates and an above-market 401(k) contribution to help our associates save for retirement. We also offer career growth opportunities, empowering our associates to design their future at PVH. 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 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.

Created: 2024-11-02