Vice President Finance SEA

Singapore | Singapore | Accounting & Finance

Purpose & Overall Relevance for the Organization:

  • Input and participate in the development of the business strategies and operations of the respective Market. Continuously identify and recommend all necessary actions to improve the financial performance and efficiency of the business. Drive, track and support management of yearly targets.
  • Act as a role model in compliance with the relevant laws and regulations as well as the adidas Fair Play Code of Conduct and other internal policies.

Key Responsibilities:

Business Partner Role + FP&A

  • Together with the GM/MD of the country/country cluster,  is responsible for and proactively manages the balance sheet, cashflow and P & L on a monthly basis to maximize the return for adidas
  • Drive value creation through helping the business make better operational and strategic decisions
  • Ensure the controlling and forecasting and provision of a critical view on all the business drivers, contributing to the achievement of targets and the continuous improvement of the financial performance
  • Ongoing input from a financial perspective for business decision-making, e.g. optimum transfer pricing model, sales compensation structure, sales terms, accounts receivable aging, inventory levels, clearance and phase-out evaluation
  • Establish processes to closely manage key financial parameters of sales, including returns, inventory turns, DSO and cash flow to achieve annual targets
  • Proactively manage the balance sheet and P & L on a monthly basis to maximize the return for adidas group
  • Provide accurate and timely reporting of all key financials, both internally and internationally.
  • Lead the yearly budgeting process and establish alignment with the respective departments and with Group
  • Proactively identify, evaluate and drive opportunities to reduce costs

Internal Controls & Policies

  • Secure strong internal controls over assets and compliance with Group policies.
  • Ensure audit and compliance with Group finance manual of the key financial, control and approval processes.
  • Responsible for the implementation of the annual global Control Self-Assessment (“CSA”) process to facilitate ongoing adherence to policies and best practices.
  • Ensure provision of regulatory financial information and governance of all legal entities to the respective tax and financial institutions
  • Will serve as the key interface for external and internal audit with primary responsibility for adherence to policy and legal regulations.
  • Oversee and direct the preparation and issuance of the HQ report and statutory accounts.
  • Identify and recommend opportunities for creating or enhancing business processes or procedures in order to improve control and/or efficiency, e.g. inventory controls, returns
  • Ensure all standards and process of the Global Profit Protection activities are applied

Credit Management

  • Ensure provision of credit control of all customers and drive cash collection within the agreed targets
  • Interaction with Group Functions (e.g. Tax, Treasury, Commercial Finance, Group Reporting & Planning, Group Accounting)
  • Facilitator on a market level for global initiatives resulting of the activities of Tax, Treasury, Insurance etc.
  • Ensure all internal reporting needs are met

People Management

  • Define organizational structure, set objectives, and manage workloads and results to achieve goals while adopting best practices and achieving continuous process improvement.
  • Ensure high employee engagement at every level through effective motivation, coaching, training, and development of personnel in the team.

Key Relationships:

  • All other VPs and Senior Directors
  • Auditors
  • Group Finance

Knowledge, Skills and Abilities:

  • Strong business analytical and numerical skills (with a proven business acumen)
  • Strong managerial and operational skills
  • Strong execution skills
  • High sense of organisation and precision
  • Project and process management skills
  • Ability to lead, motivate, and develop Finance team

Requisite Education and Experience / Minimum Qualifications:

  • University degree in business management
  • Minimum of 5-8 years in finance department in controlling and accounting functions as Head of Department
  • Board or management team experience
  • International experience and track record
  • Preferably knowledge of adidas and Global IT organization and processes
  • Language skills: fluent in English spoken and written
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 Vice President Finance SEA
Team Accounting & Finance
Brand adidas
City Singapore
Location Singapore
Number 203069
Position Type Full time
Date Oct-02, 2019
Relocation yes

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

Apply here

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