Michael Fechler

Ownership of Fixed Assets Accounting, IFRS 16 Accounting, Direct to Consumer (DTC) Accounting Governance of accounting standards, process improvements for the above Leadership of geographically distributed internal and external teams

Led a specialist team translating Group Accounting Policies into operational work instructions Implemented and monitored internal controls across financial processes Ensured effectiveness and efficiency of control frameworks

Led the German FSS accounting organization Primary accounting contact for European CFO's Responsible for month end reporting of European subsidiaries Responsible for the local GAAP (HGB) year-end reporting of adidas AG

Responsible for Treasury Accounting within adidas AG Responsible for impairment testing of investment of related subsidiaries

Integration of Hong Kong and Taiwan subsidiary into the Shanghai based leadership. Gap analysis of various accounting processes and systems

Lead AR teams responsible for Germany, Austria and Switzerland Responsible for credit limit setting, dunning process, cash application

First formal people leadership role Accounting for financial instruments and confirmation of bank transactions Balance sheet responsibility for smaller German subsidiary

Rotation across AR, AP, GL and Fixed Assets Support of accounting integration of Salomon Germany