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Senior Specialist Accounting/ AP
PURPOSE & OVERALL RELEVANCE FOR THE ORGANIZATION:
KEY RESPONSIBILITIES:
- To prepare and book operating expenses in accordance with Group finance manual.
- To review and post bookings from another team member to ensure strong controls.
- To perform daily and recurrent tasks (monthly entries, quarterly forecasts, yearly budget) as per the Group deadlines and IFRS requirements.
- To initiate and drive improvement in current accounting processes and to control proper implementation.
- To support other departments in driving process improvements in all accounting related processes.
- To support Accounting Team Manager in administering accounting system maintenance.
- To meet the set timelines of the Accounting Team Manager for the month end closing process of two companies.
- To monitor and reconcile the monthly B/S and P&L movements within The Accounts Payable Section.
- To monitor and reconcile the Non-Group payables & Group Intercompany balances, and the payments planning.
- To monitor and review all adidas Imports & Exports company for the customs clearing files submitted by SCM team along with the GL posting.
- To monitor and clear the monthly accruals and provisions.
- Handling the company insurance policies with the Group and the employees Medical/Life insurance with HR department.
- To control and clear all Banks interim accounts.
- To ensure proper compliance of accounting processes and policies with the Group Internal guidelines (ICS).
- To highlight control deficiencies to Senior Management and implement solutions to close control gaps.
- To review and follow up of all outstanding accounts payable transactions.
- To ensure proper submission of financial reports to the external auditors.
- To ensure the Head Office safe custody.
- To submit all payments requests in line with the defined cut-off times.
CONTROLLING:
- To measure progress on own KPIs.
- To highlight any deviations to agreed plans to the Accounting Team Manager.
- To ensure a strong internal control environment in Accounting, with a strong focus.
KPIS:
- Accuracy on all booking and reporting.
- Clean system bookkeeping.
- Score of the ICS/internal audit for the Retail accounting and AP part.
- Satisfaction of internal (other functions, Management) and external parties (Auditors…).
- Reliable financial feasibility analysis (submission of RFC and Budget within dedicated area of responsibility).
KEY RELATIONSHIPS:
- All local departments
- Retail Stores
- Vendors (utilities)
KNOWLEDGE, SKILLS AND ABILITIES:
- Commercial acumen: Very good numerical and analytical skills.
- Good written and verbal communication, presentation and facilitation skills.
- Fluent English (verbal and written).
- Strong MS-Office skills (Word, Excel, PowerPoint), proficient in MS Office.
- Strong SAP knowledge is required.
- University degree in business with corporate finance, or accounting focus.
- Functional: > 3 - 5 years accounting and controlling.
- Industry: ideally apparel/fashion/shoes or FMCG.
- Exposure: Audit, tax, insurance.
IT SKILLS:
- Outlook: Basic
- Word: Basic
- Excel: Expert
- PowerPoint: Advanced
LANGUAGE SKILLS:
- English: Fluent
- Arabic: Fluent
AT ADIDAS WE HAVE A WINNING CULTURE. BUT TO WIN, PHYSICAL POWER IS NOT ENOUGH. JUST LIKE ATHLETES OUR EMPLOYEES NEED MENTAL STRENGTH IN THEIR GAME. WE FOSTER THE ATHLETE’S MINDSET THROUGH A SET OF BEHAVIORS THAT WE WANT TO ENABLE AND DEVELOP IN OUR PEOPLE AND THAT ARE AT THE CORE OF OUR UNIQUE COMPANY CULTURE: THIS IS HOW WE WIN WHILE PLAYING FAIR.
COURAGE: Speak up when you see an opportunity; step up when you see a need..
OWNERSHIP: Pick up the ball. Be proactive, take responsibility and follow-through.
INNOVATION: Elevate to win. Be curious, test and learn new and better ways of doing things.
TEAMPLAY: Win together. Work collaboratively and cultivate a shared mindset.
INTEGRITY: Play by the rules. Hold yourself and others accountable to our company’s standards.
RESPECT: Value all players. Display empathy, be inclusive and show dignity to all.
AT ADIDAS, WE STRONGLY BELIEVE THAT EMBEDDING DIVERSITY, EQUITY, AND INCLUSION (DEI) INTO OUR CULTURE AND TALENT PROCESSES GIVES OUR EMPLOYEES A SENSE OF BELONGING AND OUR BRAND A REAL COMPETITIVE ADVANTAGE.
– CULTURE STARTS WITH PEOPLE, IT STARTS WITH YOU –
BY RECRUITING TALENT AND DEVELOPING OUR PEOPLE TO REFLECT THE RICH DIVERSITY OF OUR CONSUMERS AND COMMUNITIES, WE FOSTER A CULTURE OF INCLUSION THAT ENGAGES OUR EMPLOYEES AND AUTHENTICALLY CONNECTS OUR BRAND WITH OUR CONSUMERS.
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