Full-Time
Financial Analyst
Movado Group
1,001-5,000 employees
Designs and distributes watches for brands
Compensation Overview
$85k - $100k/yr
Paramus, NJ, USA
In Person
Bachelor's
 Finance & Banking (1) |
|---|
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- A Bachelor's degree in accounting or finance is required.
- At least 5 years of experience in an accounting or finance environment is required.
- Advanced Excel skills are required.
- Strong analytical and problem-solving skills are required.
- The candidate must be highly organized, detail-oriented, and able to manage multiple priorities.
- The candidate must be comfortable working in a deadline-driven, fast-paced environment.
- The candidate must be able to adapt to changing priorities and business needs.
- Strong communication and interpersonal skills are required to partner effectively across teams.
- The candidate should have a customer-focused mindset and a collaborative approach to work.
- Manage and maintain global pricing data in the global enterprise resource planning system, 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 financial forecasts and detailed customer sales reporting.
- Lead or support key components of the financial 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, and operating expenses.
- Calculate monthly royalties.
- Prepare royalty reporting required by licensors.
- Assist with royalty payment requests and invoices.
- Reconcile prepaid and accrued royalty accounts.
- Track quarterly royalty payments.
- Prepare accrual calculations for the monthly closing process.
- Provide journal entries to Accounting.
- Reconcile 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 perform ad hoc analysis as needed.
- Experience in the retail and/or wholesale industry is strongly preferred.
- Experience with SAP and business intelligence tools is strongly preferred.
Movado Group designs and distributes watches for a portfolio of owned and licensed brands. Its products are timepieces created for a range of brands it owns or licenses, with its Museum Watch design (a black dial with a single gold dot at 12) as a hallmark that reflects its design language. The company operates by designing watches and selling them through its brand network and distribution channels, including licensing agreements that extend its reach. Movado’s differentiation comes from its long heritage dating to 1881, the iconic Museum Watch design recognized for its minimalist dial and the MoMA permanent collection, and its strategy of managing a diverse mix of owned and licensed brands rather than relying on a single line. Its goal is to grow a global watch company by leveraging this iconic design heritage and a diversified brand portfolio to reach customers worldwide with high-quality timepieces.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Paramus, New Jersey
Founded
1881
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Simplify's Take
What believers are saying
- Q1 fiscal 2027 net sales rose 8.1% to $142.4 million, beating estimates.
- Movado.com grew 12.8% and company stores 10.2%, proving direct-to-consumer momentum.
- Credit maturity moved to July 16, 2031, eliminating 2026 refinancing pressure.
What critics are saying
- Movado suspended fiscal 2027 guidance on May 27, 2026, citing geopolitics and tariffs.
- Middle East sales weakened in Q1 fiscal 2027 as regional conflict hit demand.
- If Kate Spade underperforms by Spring 2027, Movado loses a major growth engine.
What makes Movado Group unique
- Museum Watch design still anchors Movado's brand equity after 1947.
- July 2026 Kate Spade licensing expands Movado’s reach into women’s fashion watches.
- Movado’s debt-free balance sheet and $225.3 million cash fund brand-building and inventory.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Employee Discounts
Pet Insurance
Flexible Spending Account
Wellness Program
Employee Assistance Program
Critical Illness Insurance
Legal Plan
Short-Term Disability
Long-Term Disability
Watch Accommodations/Discounts
Company News
Kate Spade New York and Movado Group announce new global watch licensing partnership. Fall 2026 collection to debut signature Kate Spade New York design codes across a new timepiece offering. Kate Spade New York announced a new global licensing partnership with Movado Group, Inc., a leader in watch design, manufacturing and distribution. Movado Group will design, manufacture and distribute Kate Spade New York watches worldwide. The partnership marks an exciting new chapter for the global lifestyle brand's watch category, bringing Kate Spade New York's signature design perspective to a thoughtfully crafted collection of modern timepieces - classics with a twist, balancing craft with a playful spirit through thoughtful function, intentional colour and unexpected details. The new watch collection launches in Spring 2027 and celebrates several of the brand's most recognisable design codes, including the spade heart, scallop-edge detailing, and spade flower motif. Designed to reflect the brand's joyful spirit and feminine aesthetic, the collection features a range of shaped cases. Distinctive details such as crystal markers, mother-of-pearl dials, signature prints, dynamic textures and metallic accents create a versatile assortment that feels both timeless and modern. Strap styles will incorporate Kate Spade leather, further reflecting the brand's heritage and commitment to thoughtful design. The collection will be available globally through select department stores, specialty retailers and digital channels beginning Spring 2027. "We are thrilled to partner with Movado Group as we enter this next chapter for Kate Spade watches," said Charlotte Warshaw, Vice President, Americas Wholesale, Global Licensing & Collaborations, Kate Spade New York. "Movado Group's proven expertise in building successful global watch businesses, combined with its commitment to quality, innovation and brand stewardship, makes them an ideal partner. Together, we look forward to creating collections that celebrate Kate Spade New York's iconic aesthetic and deliver meaningful connections with consumers around the world." "We are honoured to partner with Kate Spade New York and bring the brand's distinctive design language to the watch category," said Allison Robbins, President, Licensed Brands & Commercial, Movado Group. "From its playful sophistication to its instantly recognisable brand codes, Kate Spade offers a unique opportunity to create beautiful timepieces that resonate with consumers globally. We look forward to building a successful long-term partnership and supporting the continued growth of the brand." The partnership reflects both companies' shared commitment to delivering thoughtfully designed products that blend style, quality, and innovation while expanding Kate Spade New York's lifestyle offerings around the world.
Kate Spade New York and Movado Group announce global watch licensing partnership. The new collection, priced from $148 to $298, will launch in Spring 2027 through department stores, specialty retailers and digital channels. 1 minute ago July 21, 2026 NEW YORK - Kate Spade New York and Movado Group, Inc. have announced a global watch licensing partnership, effective July 1, 2026. Movado Group will design, manufacture and distribute Kate Spade New York watches worldwide. The first collection under the partnership launches in Spring 2027 and will retail from $148 to $298. It will be available through select department stores, specialty retailers and digital channels globally. The collection will incorporate Kate Spade New York design elements including the spade heart, scallop-edge detailing and spade flower motif. Design features include shaped cases, crystal markers, mother-of-pearl dials, signature prints and metallic accents. Straps will incorporate Kate Spade leather. Charlotte Warshaw, Vice President of Americas Wholesale, Global Licensing & Collaborations at Kate Spade New York, said: "Movado Group's proven expertise in building successful global watch businesses, combined with its commitment to quality, innovation, and brand stewardship, makes them an ideal partner." Allison Robbins, President of Licensed Brands & Commercial at Movado Group, said: "From its playful sophistication to its instantly recognizable brand codes, Kate Spade offers a unique opportunity to create beautiful timepieces that resonate with consumers globally." Sponsored video. Retirement doesn't have to be a guessing game - Bob Bonaci walked away from 35 years in business with confidence. After 35 years running Bonaci Fine Jewelers in Kent, Washington, Bob Bonaci faced the question every retiring jeweler eventually asks: How do you walk away from a business - and a community - you built from the ground up? For Bonaci, the answer came from his peers. Fellow jewelers who'd already closed their own doors all pointed him toward the same name: Wilkerson. Once he brought the team in, the process took care of itself. Wilkerson managed every detail of the closing, freeing Bonaci to step back while still hitting every financial and personal goal he'd set. "It is phenomenal, the success that we've had," Bonaci said. Watch his story to see how he made his exit on his own terms. You may like. Bulletins. INSTORE helps you become a better jeweler with the biggest daily news headlines and useful tips. (Mailed 5x per week.)
Movado Group, Inc. (NYSE: MOV) announced it has amended its senior secured revolving credit facility, extending the maturity date from October 28, 2026 to July 16, 2031, according to a company...
Movado Group has amended and extended its revolving credit facility, pushing the maturity date from October 2026 to July 2031. The watchmaker reduced total commitments from $100 million to $75 million under the agreement with Bank of America. The amendment removed a 0.10% per annum SOFR adjustment whilst increasing interest rate margins by the same amount. The facility includes a $15 million letter of credit subfacility and a $25 million swingline subfacility, with potential uncommitted increases of up to $50 million. As of 16 July, Movado had no loans drawn under the facility and approximately $299,000 in letters of credit outstanding, leaving about $74.7 million in available capacity. The changes aim to secure longer-term liquidity whilst right-sizing revolving commitments to reduce unused facility costs.
Movado reported first quarter results that beat Wall Street expectations, with revenue of $142.4 million exceeding analyst estimates of $135.1 million and representing 8.1% year-on-year growth. Operating margin expanded to 4.9%, up from 0.7% in the prior year period. CEO Efraim Grinberg attributed the performance to momentum across owned and licensed brands, strong direct-to-consumer sales, and increased retailer replenishment activity. The company is seeing improved engagement from younger consumers entering the traditional watch category. During the earnings call, analysts questioned the sustainability of gross margin expansion, with management indicating improvements will persist though not at Q1's elevated levels. Grinberg highlighted direct digital channels and wholesale business as primary margin contributors, whilst noting particular strength in innovation efforts targeting younger consumers globally. Challenges in the Middle East were offset by strength in the US and Europe.