Logo of Huzzle

Mgr-Treasury, Finance

image

adidas

12d ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Banking & Finance
  • Gurgaon

AI generated summary

  • You need a CA with 5+ years in finance, treasury experience preferred, strong communication and interpersonal skills, proficiency in Excel and SAP, and the ability to multitask under pressure.
  • You will manage currency exposure, oversee cash flow, enhance financial systems, strengthen bank relations, ensure timely transactions, support financial reporting, and lead the accounting team.

Requirements

  • CA Minimum 5 years of experience in Finance.
  • Experience in Treasury will be preferred.
  • Strong verbal and written communication skills.
  • Strong interpersonal, supervisory and customer service skills required.
  • Ability to multi-task, work under pressure and meet deadlines required.
  • Must be proficient in computers (excel, power point etc.) and able to thrive in a fast -pace setting.
  • Experience with SAP or other large automated accounting system a must.

Responsibilities

  • Monitor and regulate Company’s currency exposure from its trading operations, manage subsidiary's cash flow in order to maximize profit and to ensure compliance of financial obligations with suppliers and vendors.
  • Developing/improving systems, processes and policies in the Financial Accounting process that actively support our mission and vision (keep up with/ahead of our current needs)
  • Proactively identifying business issues and opportunities that will maximize potential
  • Building and developing the strongest Finance Accounting team
  • Actively support the development plans of other departments and promote cross department co-operation
  • Strengthen bank relationships and act as main contact
  • Identify & optimize banking systems as offered by banking partners
  • Monitor opening/closure of bank accounts, incl. maintenance of records on bank signatory lists
  • Arrange fund requests from HQ for L/C and open account settlements.
  • Monitor bank balances and prepare cash balance & movement reports.
  • Monitor and report and cash flow/position to senior management and HQ.
  • Manage all insurance related issues for the subsidiary.
  • Make sure all payments and receipts are performed timely
  • Ensure all treasury and cash management tasks are executed in compliance with company’s policies and guidelines.
  • Obtain and maintain a thorough understanding of the financial reporting and general ledger structure both in IGAAP and IFRS.
  • Support in accurate and timely monthly, quarterly and year end close. Ensure the timely reporting of all monthly financial information and provide clear, quantifiable cause for change from forecast
  • Support Preparation of statutory financial statements
  • Collaborates with the other finance department managers to support overall department goals and objectives.
  • Advises staff regarding the handling of non-routine reporting transactions.
  • Responds to inquiries from the Senior Manager Finance and firm wide managers regarding financial results, special reporting requests.
  • Assist in development and implementation of new procedures and features to enhance the workflow of the department.
  • Provide training to new and existing staff as needed.
  • Supervise the general ledger group, allocate jobs judiciously to ensure all financial reporting deadlines are met

FAQs

What is the primary purpose of the Manager Treasury position?

The primary purpose is to monitor and regulate the company’s currency exposure from trading operations, manage the subsidiary's cash flow to maximize profit, and ensure compliance with financial obligations to suppliers and vendors.

What qualifications are required for this role?

A Chartered Accountant (CA) with a minimum of 5 years of experience in finance is required. Experience in treasury is preferred.

What systems and processes might I be improving in this role?

You will be developing/improving systems, processes, and policies in the Financial Accounting process to proactively support our mission and vision.

Who will I be reporting to in this position?

You will directly report to the Senior Manager Finance and have a secondary reporting line to the manager of the North American (NA) subsidiary.

What are the key responsibilities associated with this role?

Key responsibilities include strengthening bank relationships, monitoring bank account activities, managing insurance issues, ensuring timely payments and receipts, and supporting the preparation of statutory financial statements, among others.

What financial reporting standards should I be familiar with?

You should obtain and maintain a thorough understanding of financial reporting and general ledger structures both in India Generally Accepted Accounting Principles (IGAAP) and International Financial Reporting Standards (IFRS).

Will I be supervising other personnel in this role?

Yes, you will supervise the general ledger group and manage the allocation of jobs to ensure all financial reporting deadlines are met.

What skills are essential for success in this position?

Essential skills include strong verbal and written communication, interpersonal and supervisory skills, multitasking ability, proficiency in computer applications (e.g., Excel, PowerPoint), and experience with automated accounting systems like SAP.

How does this position interact with external stakeholders?

The role interacts with banks, audit firms, consultants, and government bodies as part of the financial management processes.

Is there an emphasis on teamwork in this role?

Yes, the position emphasizes collaboration with other finance department managers to achieve overall departmental goals and objectives.

Listen to our new podcast ‘Rebellious Optimists’ to learn more about our people, products, and culture #inside3stripes.

Fashion & Arts
Industry
10,001+
Employees
1949
Founded Year

Mission & Purpose

adidas is a multinational sportswear company that designs, manufactures, and sells a wide range of athletic and lifestyle products, including footwear, apparel, and accessories. As one of the leading sportswear brands in the world, their products cater to various sports and activities, aiming to provide athletes and consumers with high-quality and innovative gear to enhance their performance and lifestyle. Their ultimate mission is to be the best sports brand in the world, with a focus on creating products that combine cutting-edge technology and design to meet the evolving needs of athletes and consumers. Their purpose is to inspire and enable people to harness the power of sports in their lives, fostering a culture of creativity, sustainability, and inclusivity. Through collaborations with athletes, teams, and influencers, as well as initiatives for social and environmental responsibility, adidas strives to make a positive impact on communities and contribute to a healthier and more active world.

Benefits

  • Bonus program – based on short term incentives

  • Long-Term Incentive (LTI) plan for senior management and Executive Board members

  • Adidas Stock Purchase Plan