Finance Manager - adidas Foundation gGmbH (m/f/d)

at  Adidas

Disclaimer: This job opportunity is associated with the adidas Foundation gGmbH and subject to their terms & conditions. adidas AG is not connected with this position and the career site of adidas AG is used solely as a platform for external publication and submission of applications. adidas Foundation gGmbH independently manages the hiring process.

ABOUT US

Welcome to the adidas Foundation! We are an independent nonprofit organization with the mission to harness the transformative power of sport to tackle pressing social and environmental challenges worldwide. As an initiative launched by adidas AG in Herzogenaurach, we believe in the unparalleled ability of sport to unite communities and drive positive change in the face of global issues such as conflict, inequality, discrimination, and climate change. Envisioning a world where everyone has access to the life-changing benefits of sport and physical activity, the adidas Foundation strives to create a brighter future for both people and the planet. Through direct action, capacity building, and advocacy, we collaborate with like-minded partners across the globe to bring our vision to life. Learn more about us here!

• Coordinate financial activities and develop financial management processes, including tracking income and expenditure, management of restricted funds, strategic cash management, payroll, financial reconciliation, reporting, and risk mitigation, develop relevant tools and policy and support internal capacity building where appropriate
• Create and monitor annual financial plans and, where appropriate, multi-year plans to ensure organizational stability and sustainability and support collaboration across teams for aligned budgeting, reporting, and income projections
• Develop and monitor budgets to allocate resources efficiently, achieve financial goals, and adjust operations based on forecasts, implementing consistent systems and procedures
• Ensure a robust and compliant financial planning and management processes are in place for fulfilling grantee comittments around the world and donor requirements, particularly with regards to restricted funds
• Maintain proper accounting records according to generally accepted accounting principles and closely collaborate with external accounting services to ensure accurate accounting
• Highlight variances, guide forecasting exercises and make recommendations for resource reallocation and target shifts
• Manage tax exemptions and obligations, especially in the areas of corporate tax, trade tax, and value-added tax, to ensure compliance with all tax regulations
• Support the creation of annual financial statements, including balance sheets, income statements, and annual reports, to present the adidas Foundation’s financial position, build trust with donors and supporters and report to various supervisory authorities
• Support the annual financial audit with external auditors to ensure the accuracy and integrity of financial reports
• Identify and manage financial risks with particular focus on compliance with all legal requirements and internal policies, montitoring and proactively recommending adaptations required in response to, e.g., changing legislation, currency fluctuations andinterest rates.
• Ensure adequate liquidity to remain solvent at all times, planning and monitoring cash flow and guide and support management of reserves according to the organizational policy and compliance requirements
• Support financial investments in alignment with nonprofit criteria to maximize funds while safeguarding against value loss, ensuring adherence to legal obligations and ethical standard