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Adidas ASSISTANT MANAGER 
China, Shanghai, Yangpu District 
373881148

12.08.2024

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.

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

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