Manager Treasury & Controlling – EM South

Purpose & Overall Relevance for the Organization:

To manage the Treasury function ensuring effective treasury risk management including accurate and timely treasury reporting, which is within the local laws of the country and the internal control framework of the adidas group.
In addition, perform key Financial Management and Controlling function by bringing financial transparency, analytics, and effective internal controls in an accurate and timely manner to support the business in achieving short – and long-term objectives.

Key Responsibilities:

Treasury 

Managing the local banking relationships of adidas
Internally: Group Treasury
Externally: Local Banks, SARB, other service providers and key partners
Twelve month rolling Cash Flow Forecast preparation and submission to adidas Group Treasury
Continuously improve cash‑flow forecast accuracy in SAC/Liquidity Planning as part of the cash flow forecasting process
Ensure sufficient funding and guarantees are in place to meet operational and investment requirements
Support month-end working capital requirement (ensure sufficient incoming funds are processed before outgoing funds are released)
Pro-actively investigate material variances
Bank Account Management (BAM)
Opening and closing of bank accounts
Bank Account Maintenance (BAM) – Users, Access Rights, Limits
Payment Approver for Mid-month and Month-end vendor payments
Annual renewal of SARB Approvals
Bank Guarantees Maintenance – Renewal, Cancellation, New
Own the monthly Balance Sheet Exposure in SAC—preparation and submission
Ad-hoc business analysis and reporting requirements from Local and Global stakeholders

Controlling (F, P & A)

Support the F, P & A Director with Inventory & OWC planning and reporting requirements, driving value-adding insights

Monthly Inventory Reporting and Analysis
Monthly OWC Reporting and Analysis
Identifying risks and opportunities with recommended actions
Provide Actual vs Budget/PY commentary

Legal Entity  

Monthly update and review of Legal Entity P&L with clear bridge to management P&L
Understand Management P&L assumptions
Forecasting of non-management activities in line with F, P & A forecasting timelines

General 

Insurance – Submit reports/claims and ensure all records are kept up to date
Facilitating strong business partnering with key stakeholders through standardized and ad-hoc financial reporting and analysis to support strategic and operational decision making
Manage Corporate CAPEX budget and approve CAPEX requests
Monthly review of VAT returns and reconciliations in alignment with external advisors
Monthly Repairs and Maintenance review to ensure correct OPEX vs CAPEX classification to support Tax Compliance.
Prepare Wear & Tear schedule and ensure CAPEX is allocated correctly for tax purposes.
Support Sports Marketing VAT compliance
Preparation of the AFS Year end Related Party and Contingencies Note

Key Relationships: 

EM South Senior Director Finance
EM South Finance Leadership Team
EM South Senior Leadership Team
EM South Finance Team
EM Hub F, P & A Team
EM Hub Finance Team
Various internal stakeholders
Global Treasury
Local Banks

Knowledge, Skills and Abilities: 

Own end‑to‑end Treasury & Controlling deliverables
Outcome-focused and accountable leader
Collaboration with all colleagues from all levels across the business
Strong interpersonal and active listening skills
Ability to interact at the highest management level
Innovative and problem solver by nature
Highest level of attention to detail and ability to work with complex structures across multiple currencies and organizations
Ability to prioritize multiple deliverables in a high performing environment by developing effective plans and organising work efficiently.
Excellent analytical skillset managing large sets of data from multiple sources, as well as comfort with Finance and Accounting principles
Ability to accept and meet deadlines
Ability to work in a constantly changing and ambiguous environment

Requisite Education and Experience / Minimum Qualifications: 

Be a qualified accountant but with strong commercial finance experience (CA or CIMA membership or similar Accounting Body)
Be a good all-round communicator with the ability to display sound interpersonal skills as well as tact and diplomacy
Minimum +5 years post qualification experience
FMCG, Retail experience desirable
Experience using AI (MS Co-Pilot) advantageous

Apply via company website ( ) or

jobs.adidas-group.com