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Opportunity

Manager FP&A - Opex

Job Title: Manager FP&A - Opex
Location: Stockport
Industry:
Salary: Competitive
Reference: M4FP&A
Contact Name: Marcell Edwards
Contact Email: marcell.edwards@adidas-group.com
Job Published: August 13, 2020 15:52

Job Description

Purpose & Overall Relevance for the Organization:

  • Providing key management information to adidas Europe/HQ, Market North senior management and business users.
  • Analysing trends and variances – highlighting issues to all levels of management and business users
  • Budgeting/forecasting expenditure – bringing together information from all areas of the business

Key Responsibilities:

Operating Expenses (All Brands):

  • Ensure that monthly reviews are carried out by representatives from FP&A dept with relevant managers for Operating Expenses - identifying key variances vs. target, actions required and ensuring an accurate revised full year forecast is provided to agreed deadlines
  • Challenging Managers & FP&A representatives on forecasts; Finding opportunities to reduce OPEX and identify risks to the adidas Group by challenging FP&A team on monthly basis
  • Produce and analyse monthly T&E report
  • Ensure full FC review carried out each month with Senior Director FPA with full commentary;
  • Ensuring Monthly reports are supplied by FP&A team members on the progress of Opex spend vs. budgets/targets highlighting key issues/actions to all Budget holders;
  • Work closely with Area North IT Management on the preparation of business analysis as and when required (e.g. new project spend, Capital Asset Requests.) along with ensuring budget process is timely and accurate
  • Checking and correction of accounting entries (month end and during month) and working with GBS to ensure timelines are met
  • Ensure a full reconciliation of PEX FC on a monthly basis with that supplied by OWM team

Budget process:

  • Coordinating and ensuring the delivery of the Opex element of the Annual Budget Process.
  • Review budgets with cost centre managers and challenge proposed costs.
  • Ensure all necessary input from cost centre managers is received and approved in accordance with deadlines.
  • Coordinate input and review of all Personnel costs
  • Take responsibility for interfacing data from SAP into Grape reporting system.
  • Provide support to the FP&A team to ensure that the Budget process runs smoothly and is completed in a timely manner
  • Logistics volumes for FC and Budget

Standard to Actual variances

  • Challenging managers on forecasts and finding opportunities to reduce variance costs and identify risks to the adidas group
  • Ensure full FC review carried out each month with Senior Director FPA with full commentary;
  • Coordinating and ensuring the delivery of the variances element of the Annual Budget Process;
  • Be an active member of the COS/Opex experts team across Europe sharing best practice

Other:

  • Customer Profitability analysis - input for Logistics & variance costs by customer
  • Europe Recharges FC and tracking
  • Business Partnering including supporting supplier tendering activities and financial evaluation
  • Effective management of GBS and coaching other team members via on the job training.

Systems/process development:

  • Continual update and review of reporting within SAP;
  • Involvement in SAP development to satisfy changing business requirements;
  • Develop reporting tools such as BI;
  • Update/maintenance of Invoice assumptions within SAP and BI systems
  • Continual update and review to improve and simplify all non-IT business processes.

Key Relationships:

  • All Managers throughout North Europe Business, Demand Planning, Financial Shared Services, IT and WE/Global Controlling.

Requisite Education and Experience / Minimum Qualifications:

  • Qualified Accountant and graduate, preferably with a 2:1 degree.

IT skills:

  • Knowledge of Microsoft Office (Excel, Powerpoint, Word).

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