Manager Corporate Treasury (m/f/d)

at  Adidas

Purpose & Overall Relevance for the Organization:
The purpose of Corporate Treasury is to manage the company’s liquidity, solvency and financial market risks. This includes Financial Operations (whereby the Company’s daily global cash position is managed), Corporate Funding (whereby the Company’s funding activities and banking relationship are managed), Financial Reporting and Forecasting (whereby the Company’s currency exposure, cashflow forecasts and all internal and external Treasury reporting are managed) and Financial Risk Management (whereby the Company’s foreign exchange, interest rate and commodity risks are managed).
This Manager position is within the Corporate Funding team.

Key Responsibilities:

• Review cash flow forecasts of selected group entities, analyze liquidity situation and potential funding needs, discuss cash flow drivers and funding implications with the relevant internal stakeholders
• Analyze and select best suitable funding instruments reflecting specifics of the situation
• Arrange funding of subsidiaries via external and intercompany loans, intercompany payment terms, netting balances, etc., including coordination with the relevant internal stakeholders
• Review financing documentation with banks, provide input to negotiation with financial institutions on external financing and bank guarantees
• Handle the process of issue of bank and parental guarantees, including review and negotiation of relevant documentation
• Keep business communications with the core banking partners, answer KYC enquiries, support funding and general business discussions
• Support processes, tasks and projects related to the different areas of Corporate Treasury
• Drive the implementation of Treasury digitization initiatives
• Manage medium sized projects and/or actively participate in projects; implement findings and ensure sustainability of achievements
• Design and implement state of the art analytic tools/ KPI’S
• Actively keep up to date with latest trends in Corporate Treasury
• Identify significant improvement potential through variance analysis, derive solutions and facilitate related decisions
• Manage & execute reporting and ad-hoc analysis
• Ensure smooth operation of the business by taking on ownership for related actions
• Provide comprehensive expertise for assigned functional areas/systems and processes towards team and business partners
• Enable fact-based decision by creating transparency on forecasts
• Enforce adherence to M1 Treasury Policy

Key Relationships:

• Corporate Treasury and HQ Finance
• Other Corporate Functions (e.g. IT, Accounting, Controlling, GBS)
• Internal auditors
• Project Teams
• External advisors and external auditor
• Industry organizations and peers
• Financial institutions (banks)

Knowledge, Skills and Abilities:

• Knowledge of cash flow forecasting principles, proven ability to analyse cash flows and liquidity situation of a company, ability to interpret financial reporting numbers for decision-making purposes, see fundamental factors and challenges behind the numbers
• Strong analytical mindset
• Strong interpersonal communication skills, ability to quickly define and formulate the essence of the situation, ability to deliver your perspective and convince others.
• Knowledge of financial markets, corporate finance concepts behind interest and exchange rates, principles of credit analysis
• Some experience in reviewing the contractual documentation with banks (e.g. credit facility agreements) and respective negotiations (nice to have). In the absence of proven experience, willingness and ability to read through complex legal documents and follow all the details.
• Highly motivated, driven to deliver and succeed
• Comfortable working independently and within a team
• Ability to manoeuvre in consistently changing environment
• Ability to operate cross-functionally and understanding of external business drivers
• Understanding of the complexity, interactions and dynamics within an international organization
• Ability to prioritize workload with attention to detail
• Deep business understanding of processes and structure
• High degree of global commercial finance orientation
• Experience in Project Management
• Excellent analytical skills, managing large data quantities from multiple sources
• Optional, will be a plus: experience with SAP
• Optional, will be a plus: business fluency in Spanish

Requisite Education and Experience / Minimum Qualifications:

• University degree in Business Administration/Finance/Controlling or equivalent background in related fields
• Minimum of 3-5 years working experience in related fields
• CFA level 1 or equivalent skills
• Strong treasury systems expertise
• Business fluency in English (written and spoken)

• Review cash flow forecasts of selected group entities, analyze liquidity situation and potential funding needs, discuss cash flow drivers and funding implications with the relevant internal stakeholders
• Analyze and select best suitable funding instruments reflecting specifics of the situation
• Arrange funding of subsidiaries via external and intercompany loans, intercompany payment terms, netting balances, etc., including coordination with the relevant internal stakeholders
• Review financing documentation with banks, provide input to negotiation with financial institutions on external financing and bank guarantees
• Handle the process of issue of bank and parental guarantees, including review and negotiation of relevant documentation
• Keep business communications with the core banking partners, answer KYC enquiries, support funding and general business discussions
• Support processes, tasks and projects related to the different areas of Corporate Treasury
• Drive the implementation of Treasury digitization initiatives
• Manage medium sized projects and/or actively participate in projects; implement findings and ensure sustainability of achievements
• Design and implement state of the art analytic tools/ KPI’S
• Actively keep up to date with latest trends in Corporate Treasury
• Identify significant improvement potential through variance analysis, derive solutions and facilitate related decisions
• Manage & execute reporting and ad-hoc analysis
• Ensure smooth operation of the business by taking on ownership for related actions
• Provide comprehensive expertise for assigned functional areas/systems and processes towards team and business partners
• Enable fact-based decision by creating transparency on forecasts
• Enforce adherence to M1 Treasury Polic