Internship - FOB Forecasting & Analysis - Finance

Hong Kong | Hong Kong | Accounting & Finance

Purpose & Overall Relevance for the Organization:< <

Creating OVoTT and end-to-end Transparency for adidas FOB’s to enable accurate financial planning, fact-based decision making, and long-term profitability for the company< <


Key Responsibilities and Projects in bullet points:< <

Purchase Price Variance (PPV) analysis [35%]< < Support the preparation of forecast/month-end report for PPV analysis<  Support creating PPV analysis model to extended markets Drive automations in various report creation process FOB/ Landed Cost tracking and analysis [25%]
  • Assist in tracking various key cost components (e.g. material cost, minimum wages, freight, duties)<
  • Assist in any ad hoc FOB or landed cost analysis<
  • Assist in preparing powerpoints for management presentation< <
  • The Macroeconomic Business Intelligence (MBI) [20%] < <
  • Assist in researching, data mining and writing for the Quarterly Macroeconomic Business Intelligence Report< < <
  • Mini Project [20%]< <
  • Conduct analysis on trends of various commodity prices and their impact on adidas FOB. Enhance existing FOB forecast mechanism.<
  • Enhance FOB visibility. Create reports and newletters that summarize and link up various FOB related topics across divisions and departments.< < < <


    Key Objectives (special tasks and learnings):< <

  • Understand the end-to-end adidas FOB forecasting cycle. Understand FOB, FOB forecast elements, PPV, PPV elements and their respective working process<
  • Build understanding of how macroeconomic factors may impact product costs through trend analysis<
  • Project work involvement to enhance understanding on how different initiatives make business impacts and the linkage to the company's strategic goals< <


    Key Relationships:< <

  • 1. aSL Finance HK - FOB Forecasting team<
  • 2. Sourcing Costing teams<
  • 3. TradeCo team< <

    Required main study courses:

    • Information Technology
    • Computer Science
    • Business Administration (Information System)<
    • Economics<
    • Finance<
    • Statistics<
    • Supply Chain< <


      Preferred university/ discipline:< <

    • Information Technology<
    • Computer Science<
    • Business Administration (Information System)<
    • Economics<
    • Finance<
    • Statistics<
    • Supply Chain< <


      Required language skills:< <

    • Good organization and communication skills<
    • Strong English skills required< <


      Additional skills/ qualifications:< <

    • Technically savvy with intermediate/ advanced knowledge of MS Office applications, especially in excel, access (e.g.  query) and powerpoint<
    • Exposure to large data sets<
    • Strong analytical and systematic approach to handling numbers, information and interpretation<
    • Proactive mindset with the ability to think end-to-end<
    • Technical coding skills & Engineering Knowledge and Skills is a plus<
    • Knowledge of database management and BI applications is a plus<
    • Knowledge of SAP usage is a plus< <


      Internship regulations:<

      The internship is 6 months full time starting in July 2019 <

      Student must be enrolled at the university for the complete duration of the internship<


Apply here

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 Internship - FOB Forecasting & Analysis - Finance
Team Accounting & Finance
Brand adidas
Location Hong Kong
Country Hong Kong
Number 191607
Position Type Intern
Date Feb-25, 2019
Relocation no

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

Apply here

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