Job Summary: The Manager Financial Planning and Analysis – EM provides decision supporting analysis for strategic initiatives in Emerging Markets. Also, responsible for performance management, budgeting, forecasting and consolidation processes for the total EM market. The cornerstone activity of this role is consistency, transparency, planning, analysing, reporting, and partnering with all relevant stakeholders in alignment with globally defined standardized guidelines and processes. The incumbent will also provide financial planning and analysis for the Own Retail, Franchise and eCommerce (Direct to Consumer) business in Emerging Markets to support the long-term strategy as well as short term business cases and tactical decisions ensuring profitable business and sustainable growth.
Key Duties and Responsibilities:
Manage and execute standardized monthly and ad-hoc financial forecasting reporting / process and partner with business and Senior Management for enabling fact based decision making. Creating transparency and acting as business partner for commercial, marketing and finance counterparts based on the actual reporting, forecasting/budgeting process, potential Risk / Opportunities and management comments.
Coordinate, execute and participate in the budgeting process for Emerging Markets.
Ensure timely & accurate monthly, quarterly and year-end closing reporting per Group policies (including monthly comments).
Reporting on all globally aligned KPIs weekly, monthly, ad-hoc and short- and long-term in line with global standards.
Manage and execute Standard Margin, Net Margin, Operating Overhead and Marketing Working Budget, Brand (Category) and Contribution analysis for making better business decisions by actively collaborate with business partners and EM countries.
Manage the dynamic planning processes such as Strategic Business Planning (SBP), Integrated Business planning (IBP), budgeting and forecasting by involving other functional team and business partners.
Identify significant improvement potential through variance analysis, derive solutions and facilitate related decisions.
Develop and create new processes, working methods, analytic tools, standards or operational plans and deliver results with direct impact on the department and overall targets. Managing, monitoring, reporting and approving Capex spending’s of all EM subsidiaries.
Manage and execute standardized and ad hoc analysis for Direct to Consumer channels with related reporting. Manage and execute comprehensive Retail channel controlling, ensure smooth operation, analysis and reporting of the business for all related actions, (i.e. Business Plan Model –BPM management, Store Rollout Plans, Single Store Master –SSM, Impairment Test, etc.).
Secure business partnering with Retail Directors, retail back office partners (Store Operations, Real Estate and Merchandizing) and Senior Management team.
Lead medium sized projects, implement findings and ensure sustainability of achievements.
Qualifications, Skills and Experience:
The applicant must hold an advanced degree or qualification in Finance, Economics or Accounting, Controlling Solid accounting skills and experience Advanced excel and power point skills required Familiarity with SAP, and other relevant adidas and industry Finance systems/analytical software a major
At least four to six years of experience in Controlling or Business Analysis Industry experience: ideally in apparel/fashion/consumer goods or FMCG or Retail
Ability to effectively present information and respond to questions from senior managers, stakeholders and cross functional business leaders
Comprehensive business understanding of processes and structure Good currency and exchange rate impact understanding in doing business in a complex geographical area with 6 markets, 76 countries, 24 reporting units, 13 legal entities & 10 different currencies with SAP & Adi race system landscape.
Ability to think and act strategically and develop operational plans
Excellent analytical (managing large data quantities from multiple sources), written, oral, organizational, and presentation skills for persuasion and convincing business partners and senior management
Ability to operate cross-functionally in a consistently changing environment and understanding of external business drivers High degree of customer orientation
Adidas AG was founded in 1949 and is a German multinational corporation, headquartered in Herzogenaurach, Bavaria, that designs and manufactures shoes, clothing and accessories. It is the largest sportswear manufacturer in Europe, and the second largest in the world. It is the holding company for the Adidas Group, which consists of the Reebok sportswear company, TaylorMade-Adidas golf company (including Ashworth), 8.33% of Bayern Munich and Runtastic, an Austrian fitness technology company.