Adidas is an equal opportunity employer and we are committed to fostering an inclusive workplace. We welcome applications from people of all ages, genders (incl. gender identity), ethnic and social backgrounds, nationalities, sexual orientations, religions and beliefs, and those with apparent or non-apparent disabilities*. We do not tolerate harassment or discrimination toward any of our applicants or employees.*We actively encourage individuals with disabilities to apply and will provide reasonable accommodations throughout the recruitment process.
Purpose & Overall Relevance for the Organization:
The purpose of Corporate Treasury is to manage the company’s liquidity, solvency and financial market risks. Corporate Treasury´s Financial Risk Management (FRM) manages the Company’s (financial) market risks, including foreign exchange, interest rate, commodity and equity exposures. The FRM activities are centralized in Herzogenaurach, but execution may be performed locally as required by law or best business practice. Corporate Treasury’s FRM also manages the assets of the corporates’ CTA. As a globally operating company, adidas is exposed to currency, interest, commodity and equity risks. Effective currency risk management is a key priority, and the aim is to mitigate the impact of currency fluctuations on the Company’s profit & loss, assets & liabilities and cash flows. Corporate Treasury manages an annual net cash flow exposure of more than € 10.0 billion.
Key Responsibilities:
Creating transparency on foreign exchange risks, hedging status and currency developmentManage daily treasury operations and oversee cash flow and balance sheet positions across major currencies for multiple group entitiesMonitor financial markets, analyze developments and engage proactively with internal and external stakeholdersManage medium sized projects and/or actively participate in projects; implement findings and ensure sustainability of achievements.Drive digitalization and contribute to the implementation of new technologies, including data analytics and AI solutionsDevelop and implement adequate and aligned communication packages to present results, recommendations and solutions to senior management.Significantly enhance and improve working methods for day-to-day processes and systems.Develop, manage & execute standardized reporting and ad-hoc analysis.Support other areas in Corporate Treasury as needed.
Key Relationships:
Corporate Treasury and HQ FinanceOther Corporate Functions (e.g. IT, Accounting, Controlling, GBS)Internal auditorsProject TeamsExternal advisors and external auditorIndustry organizations and peersFinancial institutions
Knowledge, Skills and Abilities:
You are passionate about financial markets and treasury with first professional working experience in a corporate or bank treasury, consulting or comparable environmentYou are a highly motivated and reliable team player ready to take on responsibility, eager to learn and grow with usSolid understanding of accounting and legal framework for financial derivatives and financial investmentsEnthusiasm for digitization and new technologies; experience with data analytics or AI solutions is a plusHigh degree of analytical, flexible and connected thinking and ability to maneuver in consistently changing environmentExperience in Project ManagementBusiness fluency in English (written and spoken)Very good analytical skills, managing large data quantities from multiple sources
Requisite Education and Experience / Minimum Qualifications:
University degree in Finance/Economics/Business Administration or equivalent background in related fieldsCFA level 1 or equivalent skillsStrong treasury systems expertiseMinimum of 3-8 years working experience in related fields