Director Footwear Rates and Compensation (Labor& Overhead)

Company: NIKE INC
Location: Lafayette
Posted on: June 25, 2022

Job Description:

Become a Part of the NIKE, Inc. TeamNIKE, Inc. does more than outfit the world's best athletes. It is a place to explore potential, obliterate boundaries and push out the edges of what can be. The company looks for people who can grow, think, dream and create. Its culture thrives by embracing diversity and rewarding imagination. The brand seeks achievers, leaders and visionaries. At NIKE, Inc. it's about each person bringing skills and passion to a challenging and constantly evolving game.Today, the opportunities for growth across NIKE, Inc.'s business portfolio offer more potential than ever. Nike Finance employees play a key role in that progress by identifying and capitalizing on opportunities to drive value for every Nike shareholder. They manage accounting and reporting for Nike's multi-billion-dollar global investment portfolio, debt and equity instruments, and other Treasury activities. They strategize, forecast, audit, analyze, budget, research and lead important decisions. Across Nike's diverse geographies and businesses, Finance employees deliver far more than just the numbers.Footwear Costing builds value for NIKE and our Manufacturing partners through our driver-based costing platform providing transparency and practical insights regarding the costs of developing and manufacturing Nike Footwear across the source base. Footwear Costing is highly cross-functional considering and incorporating inputs across Footwear Development, Planning, Sourcing, Engineering, Finance as well as NIKE's Manufacturing partners to drive framework evolution and the annual rate setting/partner compensation processes.WHO WE ARE LOOKING FORAs the Director of Footwear Rates and Compensation, you manage a team of Costing experts, collaborate with Footwear Cost Engineering, and quote management experts across Asia. You are responsible for the efficient and effective execution of the rate-setting/partner compensation processes, the development and evolution of costing strategies and standards, the communication of Costing related insights and outcomes to NIKE internal partners (e.g., Product Creation, Engineering, Sourcing, Finance) and NIKE's Manufacturing partners. You are encouraged to cultivate trust-based and collaborative partnerships with NIKE internal customers and NIKE's Manufacturing partners. As a ground-breaking leader, you will recruit, train, and develop a team. Given the cross-functional nature of the role, you are encouraged to contribute to Costing strategy development and deployment across NIKE's Footwear source base!WHAT YOU WILL WORK ONYour team will collaborate with Product Creation to advise and facilitate decisions throughout the product creation process delivering against product briefs and NIKE's profitability expectations. Together, we will work closely with Product Creation, Engineering, Planning, Manufacturing Partners, and Finance to actively lead cost drivers across the FOB (Direct Labor, Overhead, Partner Investments, and Productivity). This includes implementing the Overhead rate-setting process across all Footwear partners, developing and evolving framework standards, and year over year, season over season deep dive comparisons across all elements of the FOB/partner compensation.We will ask you to lead and influence strategic costing and optimization discussions with NIKE's Manufacturing Partners throughout all phases of creation and production. You will clearly and concisely communicate costing strategies using framework and financial insights for partner, product, and process improvements. Further, you will help drive the continuous improvement of NIKE's costing framework including functional initiatives turning new costing and manufacturing concepts into reality. -WHO YOU WILL WORK WITHYou will partner closely with important team members across NIKE's Finance organization translating financial planning guardrails into costing strategies and mechanisms. You are encouraged to have strong financial savvy and a solid understanding of NIKE's financial planning processes and financial metrics which are impacted by Footwear Costing strategies and the execution of the Footwear Costing process. Effective and concise communication of costing strategies and costing metrics to key Finance members is key to being successful in the role. You are a key partner in leading NIKE's financial performance as well as the financial health of NIKE's Manufacturing partners. -You will report to the Sr. Director NCF Program/Footwear Compensation. You will be an integral member of the Supply Chain Finance, Global Finance and Footwear Manufacturing leadership teams.WHAT YOU BRING- -Bachelor/Master degree in Finance, Engineering, Business Management, Operations, or related field or equivalent combination of education and - experience- -Minimum of 10 years of proven experience in Finance, Engineering, Manufacturing or Operations; or a combination of professions -- -Solid understanding of manufacturing, innovation, costing, and global business management; experience with the footwear supply chain is a plus -- -Demonstrated ability to provide strategic functional and team leadership across extended regional teams in a remote work setting- -A pragmatic thinker and creative problem solver who will proactively research and drive collective resolution -- -Strong influencing skills, ability to act as a trusted advisor -- -Ability to maintain a high level of integrity, remain flexible, be results-oriented, and work efficiently within a matrixed and decentralized organization -- -Strong analytical skills and ability to execute/guide deployment of sophisticated analytical tools -- -High proficiency using MS Excel and PowerPoint -- -Ability to travel 10-20% of the time -Nike requires all applicants for this position to be vaccinated for COVID-19 as a condition of hire, unless otherwise required by law. As an equal opportunity employer, Nike will make accommodations to individuals who cannot be vaccinated in accordance with applicable law.NIKE, Inc. is a growth company that looks for team members to grow with it. Nike offers a generous total rewards package, casual work environment, a diverse and inclusive culture, and an electric atmosphere for professional development. No matter the location, or the role, every Nike employee shares one galvanizing mission: To bring inspiration and innovation to every athlete* in the world.NIKE, Inc. is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.

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