Purpose & overall relevance for the organisation
To maintain proper and adequate accounting records to ensure accurate reporting of the company’s financial results.
Key responsibilities
Accounting
- Handle accounts payable matters, including recording supplier transactions, scheduling and settling payments, reviewing accounts payable details, and reconciling with the general ledger.
- Perform the first review of purchase and payment requests for compliance with company policy and tax regulations.
- Handle accounts receivable matters, including recording customer transactions, settling collections, issuing sales invoices or credit notes, and preparing monthly GUI and customer statements.
- Review accounts receivable details, reconcile with the general ledger, perform accounts receivable aging analysis, and follow up on overdue items.
- Handle inventory and cost matters, including supplier transactions, purchase returns, payments, inventory depreciation, and revaluation.
- Review stock value reports and reconcile them with the general ledger.
- Handle fixed asset matters, including acquisitions, disposals, reclassifications, monthly depreciation, and annual physical counts.
- Manage IFRS 16 lease accounting, including lease contract reviews, system uploads, and related accounting administration.
- Reconcile shop sales between POS and ERP systems.
- Reconcile store cash and credit card transactions, and analyze and resolve cash discrepancies.
- Review bank reconciliations and follow up on discrepancies.
- Support month-end and quarter-end closing.
- Support monthly expense analysis and cost control within RFC/budget.
- Prepare account breakdowns and reports as required.
- Perform physical inventory counting and variance analysis.
Tax
- Prepare monthly withholding tax payments and reconciliations, and file the yearly withholding statement summary with the tax authority.
- Issue GUI and prepare VAT report (401) for the tax authority, ensuring reconciliation with accounting records.
Additional information
This role offers exposure across accounts payable, accounts receivable, inventory, fixed assets, tax, and financial reporting. Responsibilities will be assigned based on the successful candidate’s experience and team needs, with opportunities to rotate across accounting areas over time. The role is not expected to perform all full-set accounting functions concurrently.
Knowledge, skills and abilities
- At least 3 years of experience in financial accounting within a multinational organisation.
- Experience in a CPA firm is preferred.
- Good written and spoken English.
Requisite education and experience / minimum qualifications
Bachelor’s degree in Accounting or Finance preferred.
Culture
At adidas, employees are encouraged to demonstrate courage, ownership, innovation, teamplay, integrity, and respect. The company promotes diversity, equity, and inclusion as part of its culture and talent processes.