PVH Corp
VP Of Global Transfer Pricing
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 Company's 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 You'll Do: Lead and manage PVH's 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 Company's 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 Company's 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 Company's 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 Company's 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 Company's material intercompany transactions that align with the Company's enterprise-wide finance transformation initiative. Develop innovative transfer pricing ideas, planning, analysis, and implementation application to the Company's 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 Company's structure and ETR. Negotiating APAs in various jurisdictions. What You'll 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
Pay Range: $225,000 - $275,000 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
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 Company's 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 You'll Do: Lead and manage PVH's 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 Company's 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 Company's 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 Company's 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 Company's 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 Company's material intercompany transactions that align with the Company's enterprise-wide finance transformation initiative. Develop innovative transfer pricing ideas, planning, analysis, and implementation application to the Company's 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 Company's structure and ETR. Negotiating APAs in various jurisdictions. What You'll 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
Pay Range: $225,000 - $275,000 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