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Senior Manager Financial Forecasting and Pricing

Purpose:

Serve as the single finance point of contact for Apparel and Accessories & Gear (A&G) product cost forecasting & pricing. Ensure that accurate FOB forecasts are calculated and provided to wider the stakeholder group (HQ Finance, Sourcing and Brand Operations Teams) thus ensuring robust financial and strategic planning.

On the pricing aspect: monitor, analyze, and accurately forecast price variances. Own and initiate improvements to the monthly closing process.

 

Key Responsibilities:

  • Take ownership on Apparel / A&G FOB planning. This will be derived by working with the internal costing, materials and manufacturing teams but also adding knowledge based on global economic trends (wages, fx). Responsible for all FOB planning cycles (1 year – 5 year plan).

 

  • Clearly owning all numbers – being able to both challenge commercial inputs but to also validate and justify outputs based on logical rationale to a wide range of stakeholders.

 

  • Ensuring a consistent view is applied between all divisions (including aligning with Footwear FOB manager).

 

  • Partner with the Board project office team to ensure that all FOB cost savings initiatives are verified, appropriately tracked, reported and reflected in the seasonal forecast.

 

  • Provide Apparel/A&G costing teams relevant macro-economic information as needed to support cost negotiations.

 

  • Serve as primary interface with Group Treasury in the dissemination and explanation of FX rates and FX policy

 

  • Establish and maintain strong cross functional multi country working relationships with HQ finance, costing and sourcing teams.

 

  • Own the Apparel/A&G half yearly price freeze process (complements FOB guidance).

 

  • Take ownership on initiating, developing and implementing analytical tools to report and analyze drivers of purchase price variances

 

  • Own the Apparel/A&G price variance accounting process; actual month end closing, forecasting and variance explanation.

 

 

Key Relationships:

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

 

Skills & Abilities

  • Ability to work and deliver results in a changing pressurised environment
  • Strong business understanding
  • Excellent analytical skills - ability to define problems, collect data, establish facts and draw valid conclusions
  • Understanding the link between the detailed build up and big picture.
  • Ability to get into “the detail” but not get lost
  • Continuous improvement mindset
  • Excellent communicator – ability to tailor style dependent of audience
  • Creative, flexible and thinking out of the box
  • Growth/Open mindset
  • Very good English skills both written and oral.
  • Advanced IT skills, especially MS Office Excel & Power Point
     
     
    Requisite Education and Experience / Minimum Qualifications: 
     
  • 5+ years of experience in a global organization
  • Degree in finance or finance background by experience
  • Manufacturing, supply chain, retail business understanding is a plus

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.

Job Title:  Senior Manager Financial Forecasting and Pricing

Brand:  adidas
Location:  Hong Kong
TEAM:  Accounting & Finance
State:  91
Country/Region:  CN
Contract Type:  Full time
Number:  278248
Date:  Dec 30, 2020