Purpose & Overall Relevance for the Organisation:

 

This position manages and guides the budget, forecasting and consolidation processes for the for Group Functions (GF) -HR, GM, GWP, Finance OOH and CAPEX, full responsibility for all SCM Finance as well as holds the total OOH and capex consolidation for Market South Korea.  The role ensures financial and non-financial managers are provided all relevant information, analysis and alternatives for their business decisions.

 

As a business partner we enable fact-based decision making, best practice sharing and continuous process improvement by analysing data, trends and insights, creating transparency on impact and dependencies of core cost and service drivers. We derive corresponding solution through application of state-of-the-art analytical tools and business expertise.

 

 

Key Responsibilities:

 

SCM Finance

 

Lead the Corporate Controlling team with full responsibility over supply chain costs including CoSV items - budgeting, rolling forecasts, monthly reporting, business case creation, variance analysis, etc. Lead the business partnership with Supply Chain Management team. Tasks include business analysis, project leading and support, effectiveness study, productivity tracking, benchmarking analysis etc. to drive discussions and form corrective actions to improve efficiency and effectiveness of supply chain management. Ensures performance tracking of the end-to-end supply chain operational flow and closely monitors both fixed and variable costs related to supply chain management and clearly understand the drivers behind costs fluctuation.  Manages/Support business case development for Supply Chain projects and investments by challenging, identifying, and quantifying improvement potential. Be key point of contact of Global Operations in carrying out projects from the conceptual set-up to the implementation, including the follow up on the realization of the targeted benefits. Enhance and improve working methods for day-to-day processes and systems. Leads and manages global and local initiatives. Support SCM contract negotiation/extension with financial analysis & rational recommendations Lead the Network study process for Market South Korea

 

Group Functions Controlling

 

Leads the end-to-end financial planning and reporting process for GF OOH (incl. but not limited to PEX, T&E, Depreciation, etc.) Uses facts and data to generate insights and recommendation for costs improvement or service improvement opportunities.                   Provides transparency of gap analysis and provides the root cause for underperformance. Produces solutions Responsible to managing the Other Operating Income and Expense lines in the P&L Controls the budget/target shifts within and outside the Market Manages together with HR team, the FTE planning for all functions and OWM reporting, incl. hiring phasing, new FTEs and corresponding PEX impact Manages the different PEX planning and reporting process Deep engagement in Labor Union topics and discussions Understands the business and applies this knowledge to proactively manage risks and opportunities across all P&L line items Develops and monitors key KPIs for ad-hoc, short- and long-term planning Drives the planning and execution of the annual budgeting process in the area of responsibility, provides support to the rest of the FP&A team when necessary Leads the monthly OOH meeting with the VP, Finance Keeps list of risks and opportunities and proactively communicates to the Senior Finance leadership team Leads the preparation, analysis and presentation for various meetings to Senior leadership (Monthly Finance Meeting, S&OP, MBR, SLT, Global visitors etc.) Plays a key role in the strategic planning forecasting and decision making to ensure that business goals are met by regularly using the data of company sales, full P&L, costs, margins and other key financial data available only to roles of management and executive levels (such as the Senior Leadership team) CAPEX planning and management Involved and leads in occasions Legal Entity Controlling topics (mark-up management, cashflow, non-management result etc.) Works closely with GBS to deliver day-to-day work results of the Corporate Controlling team

 

Key Relationships:

 

Sr. Director, HR Sr. Director, SCM Sr. Director, Business Development VP, Finance Korea Supply Chain Management team including OBF, purchasing, ASC and DC operations Korea Finance team and Demand Planning team Korea Non Trade Procurement (NTP) team Global SCM Finance team Global Market and Sales Finance teams Global Distribution Excellence team Korea HR, Finance, HR, GWP teams GBS

 

 

Knowledge, Skills and Abilities:

 

Ability to effectively present information and respond to questions from senior executives, stakeholders and cross functional business leaders in English Ability to define problems, collect data, establish facts and draw valid conclusions, and determine and implement effective action plans Desire and ability to work closely and collaboratively with other members of senior Finance leadership team at Market and Global level Ability to coach, manage, align, motivate and develop direct reports Ability to think strategically, synthesize the most complex data and develop innovative solutions within an entrepreneurial environment Excellent analytical, written, oral, organizational, and presentation skills to influence company leadership and decisions at all levels

 

Requisite Education and Experience / Minimum Qualifications:

 

Advanced degree or qualification in Finance, Economics or Accounting (e.g. MBA or CPA) Familiarity with SAP, COPA and other relevant adidas and industry Finance systems/analytical software required 10 years of broad based operational finance experience with progressive responsibility in industry leading companies, preferably in sports, fashion or clothing industry