Purpose & Overall Relevance For The Organization

Reporting to Director, FOB Forecasting & Analysis, the position leads the product cost forecasting, pricing process and variance analysis. Acting as a business partner to Sourcing team, ensure accurate FOB forecast is provided to the wider stakeholder group (HQ Finance, Sourcing and Brand Operation Teams) ensuring robust financial and strategic planning. Monitor, analyze, and accurately forecast price variances. Own and initiate improvements to the monthly closing process.

Key Responsibilities

• Own the product cost (FOB) forecasting and modelling for all FOB planning cycles, reporting and analysis. Act as a business partner to the Sourcing Team as well as HQ Finance, and ensure the forecasts are timely delivered to all stakeholders
• Own the Price Freeze process (twice a year) and related price adjustment / correction analysis
• Own the month-end closing process, forecasting, budgeting and wider accounting mechanics regarding Purchase Price Variances and stock revaluation processes. Collaborate with Group treasury to understand how internal foreign exchange rates policy impact the inventory revaluation process
• Take ownership of all FOB related analytics:
• Develop, implement or enhance analytical tools and reports to analyze the drivers of FOB evolution and Purchase Price Variances
• Evaluate and challenge commercial inputs, providing logical commercial justifications to a diverse range of stakeholders
• Perform variance analysis using predictive trend analytics
• Build and maintain strong cross-functional, multi-country working relationships with Sourcing, HQ Finance, Accounting teams and other stakeholders
• Coach and develop junior talents
  
  

Key Relationships

• Finance, Costing, Material, Treasury, Accounting departments of adidas group
  
  

Knowledge, Skills And Abilities

• Strong business acumen and business partnering skills
• Excellent data analytical skills and enthusiastic in root cause analysis
• Proactive and striving for improvements in analysis, tools and methods
• Highly motivated and self-driven, ability to multi-task productively, and result orientated
• Growth and open mindset
• Able to work and deliver results in a changing and dynamic/pressurized environment
• Advanced MS Office (incl. Power BI) and system experience
• Fluent in English (written and spoken)
  
  

Requisite Education And Experience / Minimum Qualifications

• Degree in business, finance, accounting, data analytics or related qualifications (CA/CPA/CIMA/CFA etc.)
• 5+ years of experience in multinational corporates with roles involving either a strong financial business partnering history or analytical requirements
• Manufacturing, sourcing, or retail business preferred
  
  

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.

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