Manager Treasury & Controlling (12 Month Contract)

Purpose & Overall Relevance For The Organization

To manage the Treasury function ensuring effective treasury risk management including accurate and timely treasury reporting, that is within the local laws of the country and the internal control framework of the adidas group. In addition, perform key Financial Management and Controlling function by bringing financial transparency, analytics and effective internal controls in an accurate and timely manner to support the business in achieving short- and long-term objectives.

Key Responsibilities

Treasury

• Managing the local banking relationships of adidas
• Internally: Group Treasury
• Externally: Local Banks, SARB
• Twelve month rolling Cash Flow Forecast submission to adidas Group Treasury
• Ensure sufficient funding is in place to meet operational and investment requirements.
• Identify areas for improvement to ensure increased accuracy in cash flow forecasting process.
• Prepare and submit monthly Exposure Forecast
• Bank Account Management (BAM)
• Opening and closing of bank accounts
• Bank Account Maintenance (BAM) Users, Access Rights, Limits
• Payment approver for mid-month and month end vendor payments
• Annual renewal of SARB Approvals
• Bank Guarantees Maintenance Renewal, Cancellation, New
• Successfully roll hedge on EUR loan
• Ad-hoc reporting requirements Local and Global

Operating Expenses & CAPEX

• Full responsibility for the financial management including dynamic planning, analysis, controlling and reporting of the following areas of the business
• Back Office functions (Corporate, Brand, Wholesale)

Responsibilities To Include

• Accurate, timely and transparent preparation of Actual results, short and long-term Forecasts and annual Budgets in collaboration with business partners and finance team.
• Identifying risks and opportunities with recommended actions.
• Provide Actual vs Budget/PY Opex comments
• Provide business partners with financial support for strategic and operational decision making through standardized and ad-hoc financial reporting and analysis.
• Manage Corporate CAPEX budget and approve CAPEX requests
• Insurance Submit reports/claims and ensuring all records are kept up to date

Support F, P & A Director with planning and reporting requirements, driving value-adding insights.

Financial Management

• Detailed review of Balance Sheet reconciliations and Journal entries ensuring accuracy and timeous processing/clearing of reconciling items

Payroll

• Work closely with HR Director & Senior Manager HR Business Partner to ensure alignment on headcount
• Provide commentary on headcount movement to HUB controller
• Prepare bonus schedules

Key Relationships

• EM South Senior leadership team
• EM South Middle management
• EM South F, P&A & Finance
• EM Hub F, P&A team
• Various internal stakeholders

Knowledge, Skills And Abilities

• Collaboration with all colleagues from all levels across the business.
• Strong inter- personal and active listening skills, must have ability to interact at the highest management level.
• Innovative and problem solver by nature.
• Highest level of attention to detail and ability to work with complex structure across multiple currencies and organizations.
• Ability to prioritize multiple deliverables in a high performing environment.
• Excellent analytical skillset managing large sets of data from multiple sources.

Requisite Education And Experience / Minimum Qualifications

• Be a qualified accountant but with strong commercial finance experience (CA or CIMA membership or similar Accounting Body)
• Be a good all-round communicator with the ability to display sound inter-personal skill as well as tact and diplomacy
• Minimum 5 yrs. post qualification experience