Design Your Future at PVH
Financial Auditor IIPOSITION SUMMARY:
The primary function is to perform royalty and related financial audit assignments and assist management with contractual compliance which are part of the licensee and licensor agreements. The results of these audits will be reported to the Audit Committee and various levels of Company management. In addition, your role will include partnering with cross-functional teams globally using data from several sources to solve complex analytical problems and drive the PVH Plus Plan.
PRIMARY RESPONSIBILITIES:
1. Reviewing Contracts and Agreements
- Analyze Royalty Agreements: Examine licensing and royalty agreements to understand the terms, conditions, and formulas used to calculate royalties.
- Identify Key Terms: Focus on key terms related to royalty, advertising, and other compliance to ensure they are properly adhered.
2. Conducting Audits
- Gather Documentation: Collect relevant documents such as sales reports, royalty statements, and other relevant reports and data.
- Perform Fieldwork: Execute audit procedures, including testing calculations, verifying data, and assessing the accuracy of royalty payments and advertising spent.
3. Data Analysis
- Collect and Analyze Data: Use data analysis techniques to review large financial and transactional data volumes.
- Identify Anomalies: Look for discrepancies, unusual patterns, or deviations from expected royalty payments or financial records.
- Use Analytical Tools: Employ tools such as Excel, Power Query, or specialized audit software to facilitate data analysis and visualization.
4. Communicating with Stakeholders
- Discuss Findings: Communicate preliminary findings and issues with relevant stakeholders, such as management or audit clients.
- Follow Up: Address any questions or concerns raised during the audit process and provide additional information as needed.
5. Reporting and Documentation
- Prepare Work Papers: Document audit findings, procedures performed, and evidence collected in work papers.
- Draft Audit Reports: Compile and present audit results, including findings, issues, and recommendations for improvement.
6. Professional Development
- Stay Informed: Keep up-to-date with changes in industry regulations, accounting standards, and audit practices.
- Training and Education: Participate in relevant training programs or certification courses to enhance your skills and knowledge.
7. Collaboration
- Work with Teams: Collaborate with other auditors, financial analysts, and departments to ensure a comprehensive audit approach.
- Engage with Licensee: Coordinate with licensee and licensing teams or consultants, if required, to ensure alignment and address any issues.
8. Additional Opportunities
- Assist with Diverse Internal Tasks: Based on needs, assist with and engage in a range of internal tasks, including Continuous Monitoring, SOX, and Operational Audits.
Skills Required
- Experience in performing financial audits
- Familiarity with royalty agreements and compliance
- Proficiency in data analysis tools such as Excel and Power Query
- Strong communication skills to discuss findings with stakeholders
- Knowledge of accounting standards and audit practices
PVH Corp. Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PVH Corp. and has not been reviewed or approved by PVH Corp..
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Healthcare Strength — Health coverage is described as comprehensive, including medical, dental, vision, and supportive wellbeing programs. This breadth is positioned as a standout element of the total rewards package for eligible roles.
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Parental & Family Support — Paid parental leave is characterized as generous, with fully paid periods frequently cited for U.S. roles. Family-supportive policies are highlighted as a meaningful advantage for many candidates.
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Retirement Support — Retirement programs are presented as competitive, with strong 401(k) contributions and supplemental plans for certain levels. This support is often viewed as a differentiator even when base pay feels merely adequate.
PVH Corp. Insights
What We Do
PVH is one of the world’s largest and most admired fashion companies, connecting with consumers in over 40 countries. Our global iconic brands include Calvin Klein and TOMMY HILFIGER. Our 140-year history is built on the strength of our brands, our team and our commitment to drive fashion forward for good. That's the Power of Us. That’s the Power of PVH.
