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adidas

Financial Analyst - Retail OPEX

adidas, Portland, Oregon, United States, 97204


Purpose:

Provide executional support in financial planning, controlling, and analysis for the US Retail Brick & Mortar Channel's operating expenses (OPEX). This role focuses on data accuracy, entry, monitoring, and preparation of reports for management and business partners, highlighting discrepancies, trends, and insights. Key Accountabilities: OPEX Monitoring: Assist in the ongoing monitoring and controlling of retail operating expenses, ensuring alignment with financial plans and budgets. Data Entry and Forecasting: Accurately input OPEX data for monthly forecasts and budgets, ensuring detailed tracking and adherence to financial standards. Variance Analysis: Track actual expenses against forecasts, investigating discrepancies, and providing detailed variance explanations. Financial Reporting: Prepare and maintain financial reports, presenting clear and accurate data to management and business partners, while identifying trends and providing recommendations on forecast adjustments. Support Accounting Processes: Collaborate closely with the Accounting team to manage accruals, reconciliations, and expense entries related to retail OPEX. Ad-Hoc Analysis: Perform ad-hoc financial analyses to support operational needs, ensuring accuracy and clarity in data reporting. Business Partnering: Engage with management and other teams, calling out discrepancies, discussing trends, and offering actionable insights to improve forecast accuracy and OPEX management.

Knowledge Skills and Abilities : Strong Accounting Knowledge: Solid understanding of accounting principles and financial controls, with a focus on accurate data management and compliance. Attention to Detail: High level of attention to detail, ensuring accuracy in data entry, financial reporting, and variance analysis. Analytical Skills: Ability to identify discrepancies, recognize trends, and provide insights into forecast adjustments. Proficiency in Excel: Advanced Excel skills are required to support data management and reporting. Organizational Skills: Capable of managing multiple tasks simultaneously, ensuring timely and accurate execution of responsibilities. Effective Communication: Strong verbal and written communication skills, with the ability to clearly present data findings, address questions, and engage with management and business partners.

Qualifications

(Minimum required education and experience): Bachelor's degree in Finance, Accounting, or a related field. 1-2 years of experience in a finance or accounting role, preferably within a retail environment. Strong accounting background, with emphasis on controlling and data accuracy. Advanced Excel skills required; experience with SAP, TM1, or similar systems is a plus.