VP, Global Transfer Pricing - PVH Corp.
VP, Global Transfer Pricing - PVH Corp.
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$ 225000 - 275000
1 Vacancy
Job Description
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. Thats the Power of Us thats the Power of PVH.
One of PVHs 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.
About the Role:
PVH Corp. is seeking a seasoned VP of Global Transfer Pricing to oversee all aspects of a transfer pricing function within the global organization. The VP of Global Transfer Pricing is the point person for all transfer pricing technical planning internal reporting and external compliance (including dispute resolution with government authorities) documentation transfer pricing related Sarbanes Oxley matters (internal controls) transfer pricing Fin 48s and tax-related valuations. Transfer pricing impacts a multitude of functions within PVH Corp.; therefore the VP of Global Transfer Pricing must be knowledgeable of financial and tax accounting treasury processes global supply chain structures and processes customs and VAT processes financial valuations licensing and intangible property legal principles among other disciplines.
The candidate will have:
A proven track record at a Big 4 and/or US multinational corporation leading transfer pricing strategy/planning compliance documentation automation and audits/controversy all with extreme organization.
An ability to develop effective and globally consistent transfer pricing policies that align with the Companys business objectives.
Executive presence and work collaboratively with other cross-functional teams such as finance treasury supply chain IT and legal who are critical to the success of the global tax department; and
Experience with quickly resolving operating issues that involve structuring operations financial analysis of complex businesses and an understanding of customs and cash use optimization strategies.
What Youll Do:
Lead and manage PVHs global (i.e. US Europe Asia Australia Canada and Brazil) transfer pricing function in the following areas.
Lead and execute transfer pricing strategic thinking while transforming existing policies where needed and responsible for all transfer pricing planning and compliance under the supervision of the EVP of Global Tax in the following areas:
Benchmarking and pricing of all intercompany transactions such as intercompany.
Intangible property valuations in the context of tax planning.
Supply chain planning.
Regional intercompany transaction planning and optimization.
Evaluation of potential transfer pricing opportunities in the context of the Companys evolving operational and finance strategies.
Educate staff in the areas of financial modeling and valuation; and
Keep informed (and convey/discuss with EVP of Global Tax) of all international and domestic developments relevant to transfer pricing and determine the effect of those developments on the Companys current and future transfer pricing posture.
Be an expert on all financial and technical principles and methods of business valuations as promulgated by the American Society of Appraisers (ASA).
Perform business valuations for purposes of acquisition or disposition of assets or companies.
Perform financial valuations including valuation of intangible and tangible property under the principles of the American Society of Appraisers.
Lead maintain and execute transfer pricing compliance and reporting activities including but not limited to:
Lead the transfer pricing audit defense strategy and represent the Company and its related parties in negotiations with taxing authorities in the US Europe Asia Australia Canada and Brazil.
Evaluate manage document and/or maintain documentation for all intercompany transactions with respect to the technical merits of the positions taken by the Companys related parties.
Evaluate the technical positions taken with respect to uncertain tax positions (FIN 48).
Maintain reliable internal controls with respect to intercompany transactions maintenance and compliance.
Ensure that the transfer pricing accounting teams in the US Europe Asia Australia Canada and Brazil calculate and records all transactions correctly.
Review all intercompany reconciliations prepared by PVH accounting.
Assist in the preparation of tax-related models and/or review such models for purposes of technical completeness and accuracy.
Provide technical assistance and advice to other PVH functions including but not limited to:
PVH Supply Chain operations and finance teams in US Europe Asia Australia Canada and Brazil on matters related to intercompany transactions financial controls preparation of estimates and budgets.
PVH Legal in matters related to intangible property royalties royalty structures and negotiations of royalties and/or payments to or from brand ambassadors.
PVH IT on the pricing of licensing contracts pricing of intercompany payments and reimbursement of software costs capitalization policies and allocations of ecommerce services around the world.
Evaluate current global intercompany transactions and execute an organized plan achieving simplicity and optimization.
Perform economic and financial analysis of intercompany transactions and pricing to evaluate the fiscal impact for each PVH related party and on the Companys consolidated global tax rate.
Ensure that all intercompany transactions are consistent with the rules and regulations of the countries in which the PVH foreign affiliates reside the OECD Guidelines and US laws.
Develop and execute a technology transformation plan to automate the Companys material intercompany transactions that align with the Companys enterprise-wide finance transformation initiative.
Develop innovative transfer pricing ideas planning analysis and implementation application to the Companys structure.
Provide the EVP of Global Tax with initiative-taking guidance on the consequences of legislative changes to transfer pricing regulations and/or trends in the global market that are applicable to the Companys structure and ETR.
Negotiating APAs in various jurisdictions.
What Youll Bring:
20 years of relevant experience in transfer pricing preferably in combination of Big 4 experience and publicly traded US multinational or experience as an IRS economist with Big 4 and/or US multinational corporation.
Experience with complex audits and audit negotiations with tax authorities in the US Europe and Asia (principally China Korea and Japan).
Experience with leading and executing transfer pricing automation projects.
Masters or PhD in Economics with working knowledge of the US international tax rules.
Extensive knowledge of transfer pricing regulations in the US Europe and Asia.
Extensive knowledge of economic methodologies model building and quantitative analysis.
Strong understanding of customs regulations and principles.
Knowledge of accounting systems global intercompany accounting intercompany transaction budgeting and evaluations.
Excellent analytical problem-solving and communication skills.
Ability to manage and execute multiple projects in an organized manner.
INTERNAL & EXTERNAL CONTACTS:
Maintain and foster open lines of communications with all relevant PVH finance departments including but not limited to:
Finance and Tax departments of related parties in the US Europe Asia Australia Canada and Brazil.
Manage maintain and foster relationships with third party advisors around the world.
Maintain relationships as appropriate with taxing authorities.
Maintain and foster relationships with non-finance departments such as:
PVH Legal
PVH Customs
PVH Licensing
PVH Supply
PVH IT
PVH CSR
#LI-Hybrid
#LI-BC10
Pay Range:$225000 - $275000PVH 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.Additional Compensation: This role is bonus eligible. This role is equity eligible.Your Wellbeing is Our Priority
At PVH we offer competitive cost-effective and comprehensive benefit packages. We strive to provide options when it comes to your health finances and work-life balance. This includes:
Pay & Insurance: Competitive pay bonus programs best in class medical insurance vision insurance dental insurance life insurance disability insurance and more.
401(k): An above-market 401(k) contribution to help our eligible associates save for retirement.
Flexible Workplace: Generous company-paid holidays paid time off hybrid working arrangements volunteer opportunities seasonal hours and flexible work schedules.
Wellbeing Support: A variety of wellbeing tools and programs such as Headspace membership reimbursement for fitness memberships and/or digital meditation subscriptions and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities.
Services: Access to services for childcare elder care adoption preparation pet care plus reimbursement for backup care when your regular plans fall through.
Education Assistance: Receive support for continued education including tuition reimbursement.
Associate Discount: Shop at our company outlets and e-commerce sites at a discount.
Please note eligibility depends on employment status location and length of time employed with PVH and our benefits may be subject to change. Applications will be accepted on a rolling basis until the position is filled.
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 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.
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 applicants 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.
Required Experience:
Exec
Employment Type
Full-Time
