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 diverse community of associates with a strong sense of belonging.Learn more about Inclusion & Diversity at PVH here.
POSITION SUMMARY:
Design Your Future. Be part of an iconic story.
PVH is the growth platform for Calvin Klein and TOMMY HILFIGER. Through driving brand strength and relevance, we are connecting our global, iconic brands closer to where the consumer is going than ever before, today and with future generations. 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+.
PRIMARY RESPONSIBILITIES/ACCOUNTABILITIES OF THE JOB:
This position will play a key role in the global Center of Excellence (COE) dedicated to lease and fixed asset accounting, supporting accurate accounting, reporting, and compliance for the company’s global lease and fixed asset portfolios under both US GAAP and IFRS (where applicable). This position will oversee budget and forecast support and P&L modeling for lease transactions, foster close collaboration with global finance teams, real estate, IT, third-party service providers, and the shared service center, to deliver accurate, timely, and insightful financial reporting. The role will also contribute to process improvements, system enhancements, and knowledge sharing across the enterprise.
Key Responsibilities:
Lease Accounting
- Lead and oversee end-to-end lease accounting activities for a portfolio of global leases in compliance with US GAAP and IFRS requirements, ensuring accuracy, completeness, and timely financial reporting.
- Review lease abstraction, lease setup, modifications, reassessments, renewals, and terminations within the lease accounting system (CoStar), ensuring adherence to accounting policies and internal controls.
- Oversee maintenance of lease accounting schedules and validate underlying lease data to ensure accurate accounting results and reporting outputs.
- Review lease-related journal entries, reconciliations between CoStar and SAP, and supporting schedules to ensure integrity of financial records and timely month-end close.
- Partner with IT and cross-functional teams to identify, investigate, and resolve interface and system discrepancies between CoStar, SAP, and related platforms.
- Provide insightful monthly and quarterly reporting and analysis to finance leadership on key lease accounting metrics, including right-of-use assets, lease liabilities, rent expense, and other financial impacts.
- Support SEC/management reporting requirements, including preparation and review of disclosure schedules, analytics, and audit support documentation.
- Partner with FP&A teams to support budgeting, forecasting, and variance analysis related to lease accounting activities.
Accounting for Fixed Assets, Cloud System Implementation Costs, and Capitalized Salaries
- Oversee accounting and reporting activities related to fixed assets, cloud system implementation costs, and capitalized salaries, ensuring compliance with accounting policies and capitalization guidelines.
- Review capital expenditure reporting, depreciation forecasts, asset roll forwards, and project-based financial analysis to support management decision-making and external reporting requirements.
- Support 10-Q and 10-K reporting activities by ensuring accuracy and completeness of fixed asset and capital project disclosures and schedules.
- Drive process improvements and technology adoption related to fixed asset accounting, forecasting, and reporting tools.
Stakeholder Management & Cross-functional Collaboration
- Partner closely with Legal, Real Estate, Accounts Payable, Shared Services, FP&A, and third-party service providers to ensure completeness and accuracy of lease and fixed asset data.
- Serve as a key escalation and coordination point for regional finance teams and business stakeholders on lease accounting, reporting, and operational matters.
- Collaborate with global COE teams to standardize processes, strengthen controls, and implement best practices across regions.
Team Leadership & Operational Excellence
- Lead, coach, and develop a team of accounting professionals, ensuring effective workload allocation, performance management, and continuous capability development.
- Review team deliverables for quality, accuracy, and compliance with established timelines, SLAs, and internal controls.
- Drive continuous improvement initiatives, including automation opportunities, process optimization, documentation enhancements, and system upgrades within the lease and fixed asset accounting environment.
- Support transition activities, knowledge transfer initiatives, and implementation of new processes or technologies within the global COE structure.
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INTERNAL & EXTERNAL CONTACTS:
Real Estate, Payables, FP&A, Tax, Treasury, Regional Finance Teams
Internal Audit
Third-Party Lease Abstraction Provider
CoStar
External Auditors
QUALIFICATIONS & EXPERIENCE:
Experience:
- 8 to 10 years of progressive accounting experience in a multinational organization, preferably within retail or multi-location business environments.
- Strong experience in lease accounting under ASC 842 / IFRS 16, including lease administration systems such as CoStar or similar platforms.
- Proven experience in fixed asset accounting, capital project accounting, cloud implementation cost accounting, and month-end close processes.
- Demonstrated experience in leading teams, managing workloads, and driving accountability within a shared services or global COE environment.
- Experience supporting internal and external audits, SOX compliance activities, and financial reporting requirements.
- Prior experience partnering with global stakeholders across Finance, Real Estate, AP, FP&A, IT, and external service providers preferred.
Education:
- CA Inter / CMA required; CA / CPA also preferred.
- Relevant experience with a proven people management track record preferred
- Bachelor’s degree in Accounting, Finance, or Commerce required, Master’s degree preferred.
Skills:
- Excellent communication, analytical, organizational, and stakeholder management skills with the ability to interact effectively across global teams and leadership levels.
- Ability to manage multiple priorities and operate effectively in a fast-paced, deadline-driven environment.
- Strong attention to detail with a continuous improvement mindset and focus on driving operational efficiencies and automation initiatives.
- Hands-on experience with ERP and forecasting systems such as SAP and SAC preferred.
- Experience working with lease management/accounting systems such as CoStar preferred.
- Advanced Excel and financial data analysis skills; exposure to Power BI or similar reporting and visualization tools is an added advantage.
- Strong understanding of end-to-end accounting processes, controls, and shared services operating environments.
- Ability to lead process transitions, knowledge transfer activities, and team training initiatives while ensuring process compliance and operational excellence.
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 without regard to race, ethnicity, color, sex, gender identity or expression, age, religion, 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 is also committed 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.
