Assistant Controller

Holon | Israel | Accounting & Finance

Purpose & Overall Relevance for the Organization:

The main purpose of the Assistant Controller is support the management and monitoring of accounting ledger in accordance to IFRS with a focus on Treasury and Tax topics. The function guides the overall treasury (e.g. cash flows, OWC), tax planning for the Company and supporting the accounting team to secure month-end close. As it relates to intercompany communication, the role must ensure day-to-day communication between the Area, HQ and back office is maintained and any ad hoc requests are addressed.

Key Responsibilities:


  • Completes VAT Returns, manage VAT audits and ensure compliance to local regulations/legislation
  • Communication with tax authorities, assistance in tax audits and annual financial statements audit
  • Prepare documentation for internal quarterly tax reporting and tax paymentsAccounting
  • Regular filing for good record keeping
  • Ensure timely bookings and reconciliation of all bank GL accounts
  • Ad hoc analysis as required from time to time by various department heads
  • Prepare monthly balance sheet recons before month end closing for Controller approval
  • Support Controller to secure Year End reconciliations per auditors’ requests
  • GL Data integrity reviewed during the month to secure accurate reporting at month end
  • Oversee the T&E claims process; manage processing, payments

Treasury Function

  • Drive and implement processes for Treasury function in compliance with policies
  • Monitor all cash flow KPIs and implements measures for cash flow improvements
  • Monthly Liquidity Planner reporting with complete analysis and with accuracy threshold within the Group tolerance
  • Managing bank account reconciliations; update BAM and bank approval matrix maintenance (in all systems required) and reporting
  • Work with Group Treasury to define foreign exposure hedging requirements
  • Working together with Retail Department and Retail Finance team to optimize Cash/Credit Card Collection process
  • Bank guarantees (open/close/reporting/reconciliation

Key Relationships:

The main stakeholders/customers to be dealt with:

  • Internally - Local
    • Finance Director and Controller
    • Head of Departments
    • Internal Control Senior Manager
    • Legal & Compliance Director
  • Internally – International
    • Global Finance - Treasury and Taxation
    • Group Accounting
  • Externally
    • Local tax authority ITA for VAT only
    • KPMG
    • Bank – various departmentsKnowledge, Skills and Abilities:
    • Strong accounting and tax knowledge of IFRS, local GAAP and Israeli tax legislation
    • Strong process understanding of accounting relevant processes
    • Good English knowledge and strong communication skills
    • Good IT skills (e.g. Microsoft Office, knowledge of SAP a plus)Requisite Education and Experience / Minimum Qualifications:
    • CPA or equivalent;
    • University degree in Accounting
    • Minimum 5 years work experience in the respective area; including 3 years at Big 4
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adidas celebrates diversity, supports inclusiveness and encourages individual expression in our workplace. We do not tolerate the harassment or discrimination toward any of our applicants or employees. We are an Equal Opportunity Employer.

At adidas, every day is a chance to flip the script. An invitation to take everything we know and re-invent it. Do it better. Never settling for good enough. Every day we get up, invent, adapt, improvise, find new ways to collaborate, and do the unexpected. We’re creators, makers and doers. Helping athletes make a difference, not just in their games, but in their lives and in their world. It’s an obsession.

We’ve been doing this for more than 65 years. With an unmatched history and tradition of creating iconic products, consumer connections and experiences, we’ve been defining sport culture since the beginning. And we’re never done. Come be a part of shaping the future together with us.

The Facts

Jobtitle Assistant Controller
Team Accounting & Finance
Brand adidas
City Holon
Location Israel
Number 205796
Position Type Full time
Date Nov-25, 2019
Relocation no

Sounds great for you? We would love to have you here.

Apply here

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