Director – Costing FTW - China

PURPOSE & OVERALL RELEVANCE FOR THE ORGANIZATION:

A key player in Global PD&S in driving the vision to be the Most Agile, Most Competitive, Most Digitalized & Cleanest Supply Base in the industry. Lead the execution of strategic costing implementation in the region and provide costing leadership to business partners to achieve cost competitiveness and best possible value to our consumers.

Key responsibilities

• Execute the costing direction for the Regional Liaison Offices (LOs), in alignment with the Vice President of China PD&S and in close partnership with Global costing lead.
• Provide costing leadership within China region to ensure End-to-End costing application through close collaboration with relevant stakeholders, including CCS, Market, Finance etc. 
• Guide and drive achieving margin targets through effective focus on all cost drivers to improve understanding of costs and positively impact margins.
• Lead the Costing team by setting clear objectives, providing guidance to ensure the objectives are met, costing performance of Tier 1s (T1) are improved and ensuring factory specific costing strategies are successfully implemented.
• Drive compliance and improvement of global costing policies and procedures.
• Build, manage and roll out Costing Standards within regions to achieve a fact based, competitive and sustainable pricing.
• Provide economic trend, including labor cost, inflation, and government policy change, necessary to formulate PD&S strategies, global costing policies, costing tools.
• Strong understanding of all components affecting landed cost calculation including relevant duty rates by selling region and awareness of trade agreements relevant to China.
• Train and support China PD&S team and T1s in the understanding and application of cost drivers, policies and process, including application of consistent, accurate and transparent information.
• Ensure all PD&S operations and practices fully comply with adidas’ Responsible PD&S & Purchasing Policy, adidas standards and legal requirements, while managing the relevant processes internally and externally.
• Role model leadership to foster a culture of Diversity Equity & Inclusion that strives for an inclusive workplace.
• Develop and coach the Costing team to ensure the best standards of performance, appropriate skillsets and strong succession plans are in place

Key relationships

• GCA Market
• GCA Finance
• HK Finance
• Global PD&S
• Global Legal: Global Social and Environmental Affairs / Government Affairs
• External stakeholder: Sourcing suppliers

Knowledge, Skills and Abilities

• Industry/product knowledge (FW or APP)
• Strong financial Acumen, analytical and negotiation skills
• Strong presentation, influencing, people, and communication skills
• Fluent in English and Chinese (written and spoken) 
• Strong Microsoft Office skills
• Strong ability to lead multidimensional teams

Requisite Education and experience

• University degree
• Minimum 10+ years of experience 3+ years of people management experience