Vice President Commercial Finance

Purpose & Overall Relevance for the Organization:

Input and participate in the development of channel strategies and operations of the respective Markets. Manages and guides the planning, budget, forecast, reporting and analysis processes for all commercial channels in China. Lead planning and analytics in alignment with globally and market defined processes and timelines.

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 to Channels

• • 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.
  • 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 the company.
  • Proactively identify, evaluate and drive opportunities to reduce costs.
  • Ad hoc Finance related projects and initiatives.

People Management

• • Define organizational structure, set strategic 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:

• • Commercial / Channel leaders in Market GCA
  • Leadership team in Finance GCA
  • Auditors
  • Group Finance
  • Finance Lead of Key Customers

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
  • Strong leadership with ability to coach, motivate, and develop Finance team
  • Profound experience and knowledge on China Finance related regulations, i.e. Accounting, Tax.

Requisite Education and Experience / Minimum Qualifications:

• • University degree in business management
  • Minimum of 12 years in finance department in controlling functions as Head of Department
  • Management team experience
  • International experience and track record
  • Preferably knowledge of adidas and Global Finance organization and processes
  • Language skills: fluent in English spoken and written, Mandarin is mandatory