Financial Analyst
$85k - $100kMovado Group
At Movado Group, we are committed to building the strongest brands in the industry and we are passionate about what we do. Our people are fueled by a creative spirit and a drive for excellence that are reflected in every aspect of our business. We offer the watch industry a compelling strategic vision and track record of sustained growth and we offer our employees unparalleled opportunities for career advancement. We invite you to come share in our success. Our people are the cornerstone of business - we invite you to grow your career with us.
We are seeking a Financial Analyst to join our Finance team in Paramus, New Jersey. This role provides analytical and operational finance support to the VP, Controller within our Licensed Brands portfolio, partnering closely with Accounting, Commercial, and Brand teams to support accurate reporting, pricing execution, and business decision-making. This is an excellent opportunity for a detail-oriented finance professional who enjoys working with data, systems, and cross-functional partners in a fast-paced, global environment.
- Manage and maintain global pricing data in SAP, including pricing tables and uploads
- Support the global pricing promotion process in SAP, including user training, monitoring, and issue resolution
- Assist with the ongoing maintenance and enhancement of pricing models
- Prepare and update Excel templates for AOP and Latest Estimate (LE) reporting, as well as customer sales reporting
- Lead or support key components of the Annual Operating Plan (AOP) and LE planning cycles
- Maintain data integrity for sales and expense reporting by business area
- Analyze actual performance versus plan, including:
- Cost center performance
- Sales by customer
- Gross margin
- Operating expenses
- Support the monthly, quarterly, and annual royalty process, including:
- Calculating monthly royalties
- Preparing royalty reporting required by licensors
- Assisting with royalty payment requests and invoices
- Reconciling prepaid and accrued royalty accounts
- Tracking quarterly royalty payments
- Support the monthly accrual process by:
- Preparing accrual calculations
- Providing journal entries to Accounting
- Reconciling general ledger balance sheet accounts
- Support the creation and maintenance of financial models
- Serve as a power user for financial planning tools
- Assemble monthly and quarterly financial reporting packages
- Participate in special projects and ad hoc analysis as needed
- Bachelor's degree in accounting or finance
- 5+ years of experience in an accounting or finance environment
- Experience in the retail and/or wholesale industry strongly preferred
- Advanced Excel skills required
- Experience with SAP and BI tools strongly preferred
- Strong analytical and problem-solving skills
- Highly organized, detail-oriented, and able to manage multiple priorities
- Comfortable working in a deadline-driven, fast-paced environment
- Able to adapt to changing priorities and business needs
- Strong communication and interpersonal skills, with the ability to partner effectively across teams
- Customer-focused mindset and a collaborative approach to work
As a benefit eligible position, this role enjoys access to our medical plans, dental plans, vision plan, Life Insurance, Accidental Dismemberment & Death Insurance, Tuition Reimbursement program, 401(k), Short-Term Disability, Long-Term Disability, Parental Leave, Legal Plan, Employee Assistance Program, Pet Insurance, Flexible Spending Account, Critical Illness Insurance, Watch Accommodations/Discounts, Paid Time Off and Company Paid Holidays!
Benefits described above are subject to change and/or may be modified at the Company's discretion based on business needs or applicable laws.
DIRECT APPLICANTS ONLY - NO AGENCIES
Movado Group, Inc. designs, sources, and distributes MOVADO®, MVMT®, OLIVIA BURTON®, EBEL®, CONCORD®, COACH®, TOMMY HILFIGER®, HUGO BOSS®, LACOSTE®, and CALVIN KLEIN® watches worldwide, and operates Movado company stores in the United States.
Movado Group, Inc. is an equal opportunity employer. It prohibits discrimination based on age, color, disability, marital or parental status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other legally protected status in accordance with applicable federal, state and local laws.
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Movado Group, Inc. is an equal opportunity employer. It prohibits discrimination based on age, color, disability, marital or parental status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other legally protected status in accordance with applicable federal, state and local laws.
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