Full-Time

Financial Analyst

Movado Group

Movado Group

1,001-5,000 employees

Designs and distributes watches for brands

Compensation Overview

$85k - $100k/yr

Paramus, NJ, USA

In Person

Category
Finance & Banking (2)
,
Required Skills
SAP Products
Excel/Numbers/Sheets
Financial Modeling
Requirements
  • Bachelor’s degree in accounting or finance
  • 5+ years of experience in an accounting or finance environment
  • Advanced Excel skills
Responsibilities
  • 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
Desired Qualifications
  • Experience in the retail and/or wholesale industry strongly preferred
  • Experience with SAP and BI tools 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

Simplify Jobs

Simplify's Take

What believers are saying

  • Q4 2026 revenue hit $191.6M, up 5.6% on US demand.
  • Calvin Klein license extended through December 2029.
  • Northland sets $30 target, citing recession-tested structure.

What critics are saying

  • US tariffs erode margins by 200bps from April 2026 hikes.
  • MVMT cannibalizes core sales, compressing ASPs 10-15%.
  • Swatch Group hikes ETA movements 25% in Q2 2026.

What makes Movado Group unique

  • Iconic 1947 Museum Watch with MoMA collection since 1960.
  • MVMT acquisition in 2018 targets millennials via digital sales.
  • Olivia Burton buy in 2017 adds affordable luxury for fashion consumers.

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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

Yahoo Finance
Apr 10th, 2026
Movado beats Q4 revenue estimates by 5.3% with $192M sales, up 5.6% year-on-year

Movado reported fourth-quarter revenues of $191.6 million, up 5.6% year on year and exceeding analysts' expectations by 5.3%. The watchmaking company's strong quarter helped it achieve full-year sales growth of 2.7%, with accelerating momentum throughout the fiscal year. However, results were mixed, as Movado beat revenue estimates but significantly missed analysts' EBITDA projections. The company also generated strong positive cash flow and delivered a significant increase in profitability. Across the consumer discretionary apparel and accessories sector, 15 tracked stocks reported strong fourth quarters overall, with revenues beating consensus estimates by 4.1% on average. Share prices have risen 6% on average since latest earnings results, though next quarter's revenue guidance came in 1.1% below expectations.

Yahoo Finance
Mar 26th, 2026
Movado beats revenue estimates with 5.6% growth driven by US demand and digital sales

Movado reported fourth-quarter revenue of $191.6 million, beating analyst estimates of $182 million with 5.6% year-on-year growth. Adjusted EPS of $0.57 also exceeded expectations, though adjusted EBITDA of $8.9 million missed estimates by 47.3%. CEO Efraim Grinberg attributed the outperformance to strong US demand, particularly from younger consumers and women, alongside successful omnichannel execution. Movado.com grew 18% in the quarter, driven by higher consumer engagement and rising average selling prices. Key analyst questions focused on the drivers behind US sales growth, which Grinberg said was primarily volume-driven rather than price-led. CFO Sallie DeMarsilis noted tariffs impacted gross margins by approximately 150 basis points for the year. Management also addressed share buyback criteria and confirmed recent wholesale momentum reflected genuine consumer demand rather than inventory restocking.

Yahoo Finance
Mar 19th, 2026
Movado shares jump 5.3% after Q4 revenue beats expectations at $191.6M

Movado shares rose 5.3% after the luxury watch company reported fourth-quarter 2025 results that exceeded Wall Street expectations. Revenue grew 9.7% year-over-year to $191.6 million, beating analyst estimates, whilst adjusted earnings per share came in at $0.57, also ahead of consensus forecasts. The company's operating margin expanded to 7.2% from 2.8% in the prior-year period, demonstrating improved efficiency. Movado also maintained a strong balance sheet with over $150 million in net cash. The stock is up 16.8% year-to-date and trades near its 52-week high of $25.81. The market reacted positively to the better-than-expected performance across both revenue and profitability metrics.

Yahoo Finance
Mar 19th, 2026
Movado Group returns to growth with 2.7% revenue rise to $671M, operating income up 28.7%

Movado Group reported a return to growth in fiscal 2026, with revenue increasing 2.7% to $671.3 million and adjusted operating income rising 28.7% to $34.8 million. CEO Efraim Grinberg said results exceeded expectations following a challenging prior year. Fourth-quarter sales rose 5.6% year-over-year to $191.6 million, led by US wholesale and retail businesses. Adjusted operating income increased 6.2% to $14.4 million. US net sales grew 11.2%, whilst international sales rose 1% as reported but declined 5.9% in constant currency. Gross margin held steady at 54.1% despite increased US tariffs, which the company absorbed through favourable channel mix and lower fixed costs. Net income reached $13 million, or $0.57 per diluted share, versus $11.5 million a year earlier.

Yahoo Finance
Mar 19th, 2026
Movado Group sees 5.6% Q4 revenue growth despite $10M tariff hit

Movado Group reported 2.7% revenue growth in fiscal 2026, with fourth-quarter sales rising 5.6%, driven by US wholesale and retail channels. The Movado brand saw wholesale sales increase 25% and e-commerce grow 18%, attributed to brand refresh initiatives and jewellery-inspired designs attracting female consumers. Operating income grew 28.7% for the full year through disciplined cost management, though US tariffs imposed a 150 basis point drag on gross margin, totaling approximately $10 million. The company ended the year with $230.5 million in cash and zero debt. Management declined to provide fiscal 2027 guidance, citing geopolitical risks and tariff volatility. Strategic priorities include expanding higher-margin products and celebrating Movado's 145th anniversary whilst launching new watch and jewellery lines.