PVH Corp. Financial Analyst – The Underwear Group in New York, New York

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Financial Analyst – The Underwear Group

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

Day to Day:

  • Review and code invoices for Manager approval

  • Review associate expense reports for Manager approval

  • T&E and open invoice inquires

  • Review/prepare sales bookings reports

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

  • Review shop in shop capital requests and spending

  • 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 by division including:

  • Complete P&L review with variance explanations

  • Review and distribute monthly expense analysis by department (i.e., T&E, artwork, tradeshow, meetings, etc.)

  • Review advertising analysis-work with marketing teams monthly to reconcile and track expenditures

  • 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 (i.e. the out budgets, g/l etc.)

  • 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


Experience: 3-5 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


  • Strong Excel and systems skills (i.e., pivot tables, macros, advanced formulas, etc.)

  • Ability to quickly learn various systems such as: SAP, Essbase Concur, and ACS

  • Excellent communication and interpersonal skills

It is the policy of PVH Corp. to ensure equal employment opportunities to all qualified persons without regard to race, gender, religion, age, national origin, citizenship status, disability, qualified veteran status, marital status, or sexual orientation.

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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 global apparel companies.

We are over 35,000 associates operating in over 40 countries and $8.2 billion in 2016 annual revenues. We own and market the iconic CALVIN KLEIN, Tommy Hilfiger, Van Heusen, IZOD, Arrow, Speedo*, Warner's, and Olga brands and, in addition, market a variety of goods under our own and licensed brands.

*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International, Ltd.