Director, Product Finance - Calvin Klein

Design Your Future at PVH

Director, Product Finance - Calvin Klein

About Us:

We are brand builders who focus our passion and creativity to build Calvin Klein and TOMMY HILFIGER into the most desirable lifestyle brands in the world and at the same time position PVH as one of the best-performing brand groups in our sector. Guided by our values and enabled by our scale and global reach, we are driving fashion forward for good, as one team with one vision and one plan. That’s the Power of Us, that’s the Power of PVH+.

One of PVH’s greatest strengths is our people. Our collective desire is to create a workplace environment where every individual is valued, and every voice is heard, and we are committed to fostering an inclusive and varied community of associates with a strong sense of belonging. Learn more about our commitments to Inclusion & Diversity here .

About the Role:

The Product Finance Director – Global CK will support the Senior Director of Product Finance and serve as a financial advisor and business partner, offering insights to enable fact-based decision-making. This role is responsible for supplying to the development of business strategies for the Global CK product categories, while supervising financial business planning and performance supervising to ensure alignment with the brand’s strategy and achievement of financial targets within the PVH+ Plan. Additionally, the director will identify and lead ad hoc projects as required.

What You'll Do:

• Collaborate with product category leads to develop financial strategies, set priorities, and establish targets for seasonal product development and product category financials. This includes managing brand profitability for the annual budget cycle and long-term strategy.
• Periodic planning: steer Senior Financial Analyst for product category target setting and performance tracking thereof.
• Collaborate with key team members and contribute to product meetings to make data-driven decisions for financial product goals (net revenue growth, margin, range size, volumes).
• Collaborate with key partners to gather current information on labor, materials, freight, and customs duties to ensure efficient product planning.
• Risk mitigation: handle business risk to protect the division’s assets; makes recommendations for risk mitigation.
• Financial insights: discover opportunities, provide strategic recommendations, and question category leads for efficient future business growth. Foster clarity regarding important metrics in relation 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.
• 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 documents.
• Collaboration: with cross functional category teams as well as counterparts in regional brand finance teams.

What You'll Bring:

• 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.
• Proven track record in meeting financial goals and important metrics related to the financial (category).
• Proven track record of leading successful brand initiatives that enhance product growth.
• Critical thinking: proficiency in crafting long-term product strategies that align with business objectives. Translate a strategic vision into operational improvements.
• Financial strategy development: build and implement financial plans for evaluating new business opportunities, market expansions, or product launches.
• Analytical: exceptional analytical skills, and ability to interpret sophisticated data and lay-out approach for leading large data quantities from multiple sources to guide less senior team members.
• Cost control: strong background in cost control (running product costing, pricing strategies, margin improvement initiatives).
• Discernment for business: extensive comprehension of the apparel industry, incorporating market trends, consumer behavior, and competitive dynamics. Understanding of supply chain finance and how it impacts product profitability.
• Handling Projects and Collaborators: experience in leading large-scale projects and budgets, and influencing cross-functional teams and senior collaborators to align financial strategies with business goals.
• Consumer approach: ability to develop brand plans that prioritize the needs and preferences of consumers.
• Social skills: capable of building positive relationships, influencing and negotiating with senior executives and cross-functional teams.
• Communication skills: excellent verbal and written communication abilities, with the capability to articulate financial information effectively to non-financial collaborators.
• 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).

Education: A Bachelor’s degree in business, Finance, or Planning is required, or equivalent experience. MBA, CFA, or CMA recommended.

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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.