Purpose & Overall Relevance for the Organization:
- In the dynamic business environment, this position is responsible for creating and maintaining sustainable, accurate and efficient Accounting processes for the legal entity/entities directing all Accounting activities and functions to ensure the integrity of the financial records.
- This includes, but is not limited to, project Accounting lead, Accounting process creation and review, internal and external audit liaison for Accounting topics, oversight of financial records, month-end closing, financial statement preparation in compliance with international and local accounting standards and statutory requirements, and liaison between Finance and the Global Business Services (GBS) function.
- Through engaging with our GBS (Global Business Services) team, the role seeks to continuously identify opportunities for further collaboration.
Key Responsibilities
- Manage the Accounting function by taking a key leadership role in the day-to-day management of the team, defining performance targets for the team members, and monitoring team member performance and development.
- Oversees and manage E2E operations of the Accounting team, including the design of the team structure to cover accounts payable, accounts receivable, treasury and general ledger activities.
- Devise and execute control measures in tax planning and ensure compliance with local tax laws and regulations working closely with tax consultants.
- Monitor and manage cash flow forecasts to meet operational needs.
- Constantly challenging the norm and ensuring development and delivery of accurate and relevant financial solutions.
- Facilitate and strengthen business relationships between finance and other business areas.
- Identify and implement process improvements to drive efficiency and effectiveness of the Accounting function.
- Strong understanding of local regulatory landscape and serve as a principal liaison with ability to navigate effective interactions and communications with external auditors, tax authorities, and regulatory bodies to uphold the company’s commitment to transparency and accountability
Key Relationships:
- Senior management team in the local market
- Global and Regional Finance teams
- Group Accounting and Treasury
- GBS teams
- Internal and external auditors
- Local banking partners
Knowledge Skills and Abilities:
- Excellent knowledge in finance and accounting.
- Ability to coach, manage, align, motivate, and develop direct reports.
- Ability to interact, effectively present information and respond to questions from stakeholders, senior management, cross functional business leaders, peers, vendors, and customers.
- Ability to understand the business process and to think strategically.
- Ability to manage effectively in a team environment, coordinating multiple tasks in parallel, many times with conflicting priorities and tight deadlines.
- Identify and propose opportunities for improvement.
- Requisite Education and Experience / Minimum Qualifications:
- Experienced senior level accountant with strong background in governmental accounting theory, financial analysis, implementation, and maintenance of accounting systems with process improvement
- Experience on entity set up and managing multiple entities within Group is big plus
- 10+ years of broad-based operational finance experience and progressive responsibility in industry leading companies
- In-depth knowledge of tax laws, regulations, and compliance requirements and experience in International Accounting Standards.
- Proficient computer skills (MS-Office).
- Fluency in written & spoken English.
- Familiarity with SAP, Power BI and other relevant adidas and industry Finance systems/analytical software a big plus