Assistant Manager - Treasury/ Wholesale-AR

Purpose & Overall Relevance for the Organization:

Ensure accurate booking of Accounts Receivable and the relevant accounts.

Collect A/R timely, control and forecast cash flow.

Manage credit risk and reduce the risk of A/R write-offs to a minimum.

Provide accounting & tax service and solutions correctly and timely for adidas Japan

Conduct financial closing & reporting in accordance with IFRS / Local GAAP / Statutory / Group Finance Manual / Local regulation and cooperate in financial audit / tax audit / internal audit

 

 

Key Responsibilities:

 

Credit Notes Management

  • Handle credit notes including returns and Trade Term Off Invoice

 

Credit Risk Management

  • Perform credit investigation and prepare recommendation sheet for credit review
  • Share the infomation with the supervisor about  potential insolvency / overdue situation / legal cases of customers

 

AR Management / Cash Collection

  • Operate cash collection and A/R reconciliation through communications with Wholesales customers / Retail store staff / card companies/ Outsourcing group
  • Prepare documentation for factoring/funding options to optimize cash flow and balance sheet, if necessary
  • Input AR forecast reports
  • Follow up AR aging in assigned area

 

 

 

Treasury

  • Prepare daily cash-flow statement and proceed daily cash transaction
  • Reconcile monthly accounting module and bank GL accounts
  • Maintain payment terms & schedules
  • Maintain Global BAM(Bank Account Management) system and communicate with Group Treasury
  • Update liquidity planner communicating with Financial Planning and Analysis Team and Credit Team
  • Join/support AR forecast preparation/analysis
  • Support HQ Treasury reports and F/X transactions

 

Accounting

  • Keep accurate and timely booking in SAP accounting module (mainly account payable and fixed asset)
  • Operate month end & year end closing in accordance with IFRS / Local GAAP / Statutory / Group Finance Manual
  • Provide internal customers with technical accounting advice
  • Support Internal internal & external audit

 

Tax

  • Support and prepare documentation for tax returns
  • Support tax audit / investigation by tax authoritie in accordance with local tax regulations

 

Compliance

  • Comply with Global / Local Credit Policy and basic trade agreement with Wholesales customers
  • Comply with IFRS / Local GAAP / Group Finance Manual / Statutory
  • Maintain proper accounting methods, policies and principles
  • Comply with Internal Control System (ICS) on accounting and treasury control items
  • Support internal & external audit
  • Execute corrective actions by improving systems and procedures

 

Operation

  • Exececute daily operations according to procedures & processes with minimum guidance from direction from supervisors
  • Identify and correct problems in daily operation as necessary

 

 

Key Relationships:

                 Internally

  • Customer Service Managers
  • Wholesales Managers
  • A/R Team of Financial Shared Services Managers
  • Global counterparts (Insurance, Treasury, Corporate Solutions)
  • Financial Shared Services
  • Finance Director
  • Group Accounting, Tax, Treasury
  • Intercompany Finance
  • Group Auditors
  • Internal stakeholders

 

 

Externally

  • External Auditors
  • Tax Authorities
  • Tax Advisors
  • Banks

 

Knowledge, Skills and Abilities:

  • Passion for sport
  • Team player
  • Pro-active, collaborative and positive attitude even in changing environments
  • Ability to pay close attention to details
  • Interpersonal skills to understand the situation with open mind
  • Advanced analytical skill
  • Advanced knowledge and understanding in accounting (IFRS and local GAAP / accounting relevant processes / tax accounting)
  • Advanced skill in MS Office and ERP system (SAP)
  • Fluent in Japanese/ Intermediate in English (able to communicate with Global Team).

 

Requisite Education and Experience / Minimum Qualifications:

  • University graduate
  • Nissho Boki 3 kyu (Official Business Skill Test in Book-keeping 3rd grade)
  • Minimum 5 years work experience
  • 3 years credit control experience preferable
  • 2 years Accounting experience preferable
  • TOEIC L&R 600 (GTEC Business 500) preferable
  • Preferable experience in the sport or clothing industry / fast-moving consumer goods/ DTC eCom/RTL industry

 

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:  Assistant Manager - Treasury/ Wholesale-AR

Brand:  adidas
Location:  Tokyo
TEAM:  Accounting & Finance
State:  13
Country/Region:  JP
Contract Type:  Full time
Number:  509727
Date:  Jul 4, 2024