Accounting Director - Direct Source To Pay - Nike - Singapore
Job description
With an aggressive long-term growth strategy, NIKE is counting on our Global Finance organization to thrive in its mission: to drive and deliver value to every NIKE shareholder. Our Controlling function is at the heart of this mission through maintaining strong internal controls, providing timely, accurate, and relevant information to internal and external stakeholders, and ultimately delivering expert business partnership to drive profitable growth.
To elevate our game, NIKE Controlling is in the midst of a multi-year transformation to design and implement our platform of the future. We are centralizing our function globally to drive a shared strategic agenda, along with evolving into a scalable, process-focused organization with a continuous improvement mindset. And we’re seeking world-class talent like you to contribute to this journey. We are looking for influencers and collaborators who can champion and embrace change as we evolve; talent with deep finance acumen to help build our blueprint for the future. Do you have what it takes to build a Controlling legacy at NIKE?
As the Accounting Director for Direct Source To Pay (DS2P) Accounting Value Stream based in Singapore, you will work as part of the WHQ based COGS & Inventory team to ensure key financial assertions are met with respect to Inventory, COGS and related accounts through the development/maintenance of a comprehensive control structure across the global strategies and transaction streams from product ideation through the buy of goods from the Nike Trading Companies.
This role will report directly to the Director of Factory Comp and Inventory Accounting in WHQ and have a strong dotted line reporting into the Trading Company Finance Director based in Singapore.
People Leadership
Develop future state recommendations of a high performing finance organisation to support the Asia Operations with respect to Inventory, COGS and related accounts
Develop high profile, influential and collaborative relationships across teams, functions and layers of business
Business Insights / Decision Support
Advise Nike’s Global Sourcing & Manufacturing (GSM) management on strategic initiatives
Partner with and advise cross-functional leadership teams of technical accounting, process and control considerations as they execute on business strategies, including finance planning counterparts to inform forecast accuracy and informed business decisions from a technical accounting, control and process perspective
Influences and informs Global Accounting Policy and technical accounting decisions within Inventory, COGS and related accounts and processes, in conjunction with other subject matter experts
Operational Excellence
Designs and implements processes and controls in collaboration with FP&A and Business Operations
Owns and is accountable for defined components, specific to Asia operations, of process governance across controls and compliance of inventory, COGS and related accounts. This includes process and technical considerations around factory compensation and costing, period versus inventoriable costs, embedded leases, variable interest entities, inventory ownership, in accordance with US GAAP, local FRS and NIKE accounting policies.
Participates in review of monthly, quarterly and annual operation strategies and results with business leadership; add value as a credible and trusted business partner
Collaborate closely with the Trading Company Finance operations team to ensure statutory aspects are taken into consideration
Maintains and drives continuous LEAN improvement, while collaborating with others, on owned processes to drive greater efficiency and effectiveness; defines and drives the execution of best practices.
Owns and engages with transition management team on adapting applicable process, policy and tool changes globally
Desired Skills and Experience
SELECTION CRITERIA:
10+ years’ experience with the Big 4 and large MNCs
Bachelor degree in Accounting or Finance, CA or equivalent professional qualification required
Knowledge of US GAAP, IFRS required. Excellent technical competence with proven experience in identifying and applying complex accounting treatment to business transactions and contracts
Experience with internal controls
Minimum 5 years of experience leading and managing teams with a demonstrated ability to build and develop the team
Strong business acumen, with ability to translate business requirements into financial risks and controls across end to end business and operational processes
Experience working in regional environment with multiple countries and local requirements with exposure to statutory and tax reporting
Ability to influence and communicate complex topics to a broad and diverse stakeholder group
Ability to work collaboratively with multi-cultural business partners and stakeholders, and work effectively within cross-functional team
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Source:
Aaren