Senior Specialist, Internal Controls & Profit Protection

Job description

Country: Korea                                               Job Function: Accounting & Finance

State / Province: Korea                                 Position Type: Full time

City / Location: Seoul                                    Brand: adidas Group

Relocation: No Selection

    At adidas Group, our love of sport drives who we are and what we do. But just as a ball is more than leather and thread, and a shoe more than padding and plastic, we are bigger than our products. We don’t just work to create faster shoes and lighter fabrics: We strive to help athletes everywhere perform their best. We believe that it’s hard work inventing the future of sport, and that’s why we love it; that when you push your limits, you make it possible for others to push theirs.

At adidas Group, this drive it what connects us, whether we’re working for TaylorMade, adidas, Reebok, or Rockport. We’re all working toward a future motivated by passion, original thinking, and the desire to build upon a proud legacy.

From design to production to logistics to technology, every role in all our brands is connected to this. Our roles span the range of our brands, as well as spanning the globe. No matter what you do, or what country or city you do it in, your work helps make greatness possible.

Purpose & Overall Relevance for the Organization:

Position is integral to the on-going focus on Corporate Governance and RT Profit Protection.

It aims at (Support & In co-operation with IC & PP Senior manager at all areas)

· Support to ensure compliance of HQ & Retail processes with established internal control frameworks and best practices.
· Support to Improve Internal Controls and Corporate Governance of both HQ & RT processes
· Primary objectives are the protection of company assets; ensure effectiveness and efficiency of operations, reliability of reporting and compliance with applicable laws and regulations
· Reduction of shrinkage via performing audit , training and investigation
· Liaison with appropriate external agencies e.g. law enforcement to support crime reduction.

Key Responsibilities : (Support & In co-operation with IC & PP Senior manager at all areas)

* Internal Controls & Corporate Governance

· Support to prepare annual Local Internal Controls Review Plan (ICRP) and its on-field execution
· Support to recommend action plans for findings raised during the on-field reviews, agreeing with deadlines and responsibilities with department Heads & ensure timely implementation of recommendations
· Support to prepare, issuance and presentation of Local ICRP reports to Senior Management
· Support to design, development, implementation of  local policies, procedures and related internal controls, based on best practices and Group requirements
· Support to complete Global Control Self-Assessment (GCSA) process with all respective owners, as well as identification of possible improvements and gaps closing
· Support to complete Risk Control Matrices under the leadership of Group Policies & Internal Controls (GP&IC)
· Support the GP&IC requests on various ICS topics (e.g. Internal Controls over Financial Reporting Risk Control Matrices)
· Communication of the Local/Global policies and ICS requirements, including regular training
· Support to provide professional solutions on audit findings and follow up

* Risk Management :

· Support to keep BCP updated and developed
· Security compliance audit plan / preplan for unplanned risk
· Update/develop security related policies/guidance/criteria
· Support incident/accident report process
· Conduct visit to company premises, check on compliance of security related policies and procedures and report on findings
· Provide professional solutions on findings and follow up

* Loss control and Internal Audit :

· Develop annual stocktaking spot check plan / loss control compliance audit plan
· Update/develop loss control policies/guidance/criteria
· Manage annual stocktaking spot check
· Monitor the abnormal transaction
· Monitor the high risky processes
· Conduct visit to company premises, check on compliance of relevant policies and procedures and report on findings
· Provide professional solutions on findings and follow up
· Deliver training on loss control awareness and build relevant capabilities

* Data Analysis :

· Abnormal transaction analysis (Consumer refunds/void transaction/adi-member point accumulation and redemption/discount sales etc.) Identify abnormal trend and share with relevant function
· Set up shrinkage data base and conduct shrinkage rate analysis
· Set up incident/accident data base and conduct incident/accident analysis
· Edit Profit Protection monthly report
· Other data mining
· Launch Profit Protection online system and conduct online compliance audit

Key Relationships:

· Senior Manager of IC & PP, Finance Director , Heads of Department , Process Owners
· Head of Retail, Retail District Managers, Store Managers, Internal Audit, Retail Finance
· Group Policies & Internal Controls, ,Group Profit Protection, Group Internal Audit

Knowledge, Skills and Abilities :

· Functional : Experience of Internal controls / Audit / Risk management
· Exposure : Finance, Audit ,Investigations, Retail, Law enforcement
· Strong analytical and numerical skills
· Ability to work with strict deadlines to achieve review program targets
· Strong auditing/internal control skills
· MS Office suite of products – Intermediate – advanced
· Good communication skills
· Ability to pay close attention to detail

Requi red Education and Experience / Minimum Qualifications:

· CIA/CPA/CMA qualification preferred
· University degree or tertiary education
· Preferable above experiences over 3years.